Strategic Thinking & Planning (Online Training)

Course Objectives

Almost everything we do in today’s public or private (business) world invokes heavy competitive pressure: attracting foreign investments, “customer” habits change, new competitors appear, factors outside your control could delay your project. But we cannot allow ourselves to be paralyzed; we need to think strategically, plan in ways which are execution-able, and make decision as to what actions to take to minimize disruptions to our plans. In the final analysis, company vision is only good when we converge respective units’ efforts and achievements toward the organizational goals.

Participants will learn how to:

• Understand and Develop the strategic direction;
• Handle the nature of strategy formulation and implementation
• Identify the Company strengths and weaknesses;
• Identify markets and competitions
• Formulate possible strategies
• Formulate a strategic plan for your organisation or department
• Draw up and implement an action plan
• Achieve objectives by linking KPIs, business goals and vision

Target Audience

This program is suitable for Management (up and coming, and established) and above

Methodology

Combination of lecture, with practical/hands on approach such as role plays, case studies, presentation, commentary on other companies/industries, and/or video.

Course Modules

• Module 1: Start from the beginning
  – What is our business?
  – Why do we choose this business?
  – What are some reasons for us to think and plan strategically?
  – Example of Strategic Thinking & Planning: The Value Curve
  – Culturalize The Strategic Thinking & Planning: make it a habit
  – Business idea generation
  – What is our vision?
  – How do we ACHIEVE the vision?

• Module 2: Information Seeking Stage
  – SWOT Analysis: looking at our strengths and weaknesses
  – Market Analysis – what is happening outside our organization?
  – Risk Analysis
     –Types of risks
     – 4 Steps in Risk Management

• Module 3: Action Stage: Putting it all together
  – Workshop on Strategies and Plans: WHAT do we need to do to achieve the vision?
  – Tools to help KPIs:
     – Parkinson Principle
     – Leadership & Culture: Interpersonal Skills
  – Workshop on Departmental KPIs and Target setting: HOW do we measure AND manage what we need to do?
  – Converting Vision to Reality: Setting KPI to help achieve company’s vision