Think Strategically

Introduction

Formulating strategy is no longer seen as an occasional planning exercise but rather a way of thinking that enable managers to see the bigger picture and choose actions to address the most important issues, aligned with the organization’s strategic goals and, where appropriate, challenge conventional thinking by offering fresh, creative ideas and plans. Equally important, once a strategy has been chosen, is the ability to implement it successfully in order to deliver results. Professional managers require the skills and competencies to think and act strategically, especially in a M&A context.

This GLOMACS training course enables delegates to:

• Develop strategic thinking skills through practising methods and techniques that enable new perspectives to be taken
• Understand the difference between strategic thinking and planning
• Learn that strategy is about choice: finding out what is key and concentrating on strategy that delivers the big goals
• Practice a systematic approach to quickly, but thoroughly developing, delivering and measuring business plans
• Identify and understand the difference between good and bad strategy

Objectives

By the end of this training course, participants will be able to understand:

• What strategy is and its role in value creation
• How to link the creation of stakeholder value with strategic positioning, organization processes and investment
• Effective strategy for competitive, non-competitive and transition environments
• Better practice frameworks and tools enabling the above
• How to cascade strategy effectively through to business plans, budgets, day to day decisions, risk mitigation and performance management

Training Methodology

This Think Strategically training course design follows a proven structure for adult learning by combining short inputs of models and concepts with practical exercises from inside and outside the client organization followed by review sessions to consolidate the learning. The training course consists of short, focused sessions that provide an engaging mix of theoretical input, practical exercises, group discussions and presentations to cater for a variety of learning styles. Delegates develop individual action plans to continue the learning beyond the course to ensure the learning is applied and developed further.