Learn and Get Global Skill in
Strategic Thinking and Business Planning
Add value to your organization by aligning department goals with your organization’s strategic vision and mission. In this training course, you learn to plan and implement change to meet stakeholder needs, create an innovative culture that takes advantage of the department’s core competencies, and gain the leadership skills to effectively integrate strategic thinking with daily operations.
Strategic Thinking and business Planning is an integrative and interdisciplinary course. It assumes a broad view of the environment that includes buyers, suppliers, competitors, technology, the economy, capital markets, government, and global forces and views the external environment as dynamic and characterized by uncertainty. In studying strategy, the course draws together and builds on all the ideas, concepts, and theories from your functional courses such as Accounting, Economics, Finance, Marketing, Organizational Behavior and Statistics.
The course takes a general management perspective, viewing the firm as a whole, and examining how policies in each functional area are integrated into an overall competitive strategy. The key strategic business decisions of concern in this course involve selecting competitive strategies, creating and defending competitive advantages, defining firm boundaries and allocating critical resources over long Periods. Decisions such as these can only be made effectively by viewing a firm holistically, and over the Long term.
You Will Learn How To:
- Analyze the main structural features of an industry and develop strategies that position the firm most favorably in relation to competition and influence industry structure to enhance industry attractiveness.
- Recognize the different stages of industry evolution and recommend strategies appropriate to each stage.
- Appraise the resources and capabilities of the firm in terms of their ability to confer sustainable competitive advantage and formulate strategies that leverage a firm’s core competencies.
- Demonstrate understanding of the concept of competitive advantage and its sources and the ability to recognize it in real-world scenarios.
- Distinguish the two primary types of competitive advantage: cost and differentiation and formulate strategies to create a cost and/or a differentiation advantage.
- Analyze dynamics in competitive rivalry including competitive action and response, first-mover advantage, co-opetition and winner-take-all and make appropriate recommendations for acting both proactively and defensively.
- Formulate strategies for exploiting international business opportunities including foreign entry strategies and international location of production.
- Leverage strategic thinking at the operational level to add value
- Maximize operational core competencies to implement organizational strategy
- Bridge the gap between organizational and operational goals
- Foster an innovative culture to overcome strategic challenges
- Develop an effective change process that satisfies stakeholder needs
Key Learning Points
- Identifying the talented and not the skilled
- What really works?
- Capacity requirement Planning
- Scope and objectives of the company
- Knowing the people and expertise
- Setting up the team
- Developing the criteria to achieve the results required
- Knowing the weaknesses of the team & overcoming them
- Multiplying Team opportunities
- Delegation and control
- Communication and Inter-personal Management
Course Methodology
The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants, role plays (rehearsed and impromptu), playback of videotaped performances and individual and group feedback
Target Audience
The course uses a mix of interactive techniques, such as brief presentations by the consultant and the participants, role plays (rehearsed and impromptu), playback of videotaped performances and individual and group feedback.
Target Competencies
- Attention to details
- Balanced innovation making and conceptual thinking
- Creativity
- Evaluating options
- Intuitive decision making and long range planning
- Active listening
- Practical and proactive thinking
- Situation analysis
- Problem solving ability and anticipating potential problems
Regular Cost
N120000
Discounted Cost
N80000
10th and 11th August, 2023
9am to 3pm daily
Remoik Training and Consulting,(Kristina Jade Learning Center) 70B, Olorunlogbon street, Anthony, Lagos
Certificates will be awarded
Call Now to register; 08066559530
Email: [email protected]