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Training Code Date Duration Venue Fees
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Decision Making and Creative Strategic Thinking

Decision Making and Creative Strategic Thinking
Summary

Today’s business is done in an increasingly competitive and fast-changing environment. Product life-cycles are shortening; technology is changing rapidly; markets are opening globally. Companies now need to think faster, develop quicker and often change radically if they are to achieve profitable growth and create tomorrow’s organization out of today’s organization.


Effective Decision making is key to business success. Companies can sustain competitive advantage and improve the overall business performance by making better decisions, making them faster and executing them more effectively.


This highly interactive 5-days B. Khebra’s training course on Decision Making and Creative Strategic Thinking has been developed for experienced management team members who now need to step up and take new opportunities and at the same time deal with new threats from existing and emerging competitors.


Participants attending the Decision Making and Creative Strategic Thinking will develop the following specific competencies:


  • Business Value Analysis
  • Customer Analysis
  • Project Choice
  • Project Management and Control
  • Change and Development

Reference
Decision Making and Creative Strategic Thinking

Objective

Upon successful completion of this course, the delegates will be able to:

  • Gain an understanding of the workings of competitive markets
  • Identify the right tools and techniques to use in market analysis
  • Build an effective system for acquiring and processing competitor information
  • Understand the processes and the strategic significance of value migration
  • Manage simultaneous competitive/collaborative business relationships
  • Create sustainable differentiation on the basis of the total business model

Who should attend
  • Strategic Planners
  • Top-level Operations Personnel
  • Marketing Analysts
  • Technical and Research Professionals
  • Specialists in Corporate Finance
  • Human Resource Team who contribute to long-term Staff Development

Additional Information
N/A
Decision Making and Creative Strategic Thinking
  • What is the value structure of a business?
  • How and why is this changing?
  • The “value chain” and “value ladder”• in strategic thinking
  • Financial and non-financial evaluation of the business
  • Foresight – the most important activity in strategy
  • The underlying concept of profitable growth
  • Case study
  • Learning from best practice
  • Introducing a strategic mindset
  • Managing internal and external relationships in strategy development
  • Assessing risk in strategic decisions
  • How to review and evaluate initiatives and projects
  • Securing the cohesion of strategic programs and projects
  • Case example or case study
  • Strategic choice 1 – working out what to do and what not to do
  • Strategic choice 2 – incorporating agility and contingency provision
  • The economics of the “make-versus-buy” decision
  • Use of information technology to cope with increasing complexity
  • Supply-demand chain optimization
  • Participating in a virtual or extended organization
  • Case study on dealing with complexity
  • The membership of an effective strategic planning team
  • Project evaluation and ranking of opportunities
  • Innovation – its place in the strategic decision process
  • Risk analysis and risk management – tools and techniques
  • Setting project objectives, milestones and performance measures
  • Sustaining differentiation on the basis of the total business model
  • Case study of a real-life strategic decision
  • Why do most strategic plans never get implemented?
  • Strategy implementation – how to break it down and get it done
  • Implementation as a “mission critical” management activity
  • Plan ahead – only as far as you can see
  • Leveraging experience to convert foresight into programs and projects
  • Discussion of delegates’ plans for follow-up action
  • Overview and summary of the complete course
BK Instructor
BK Instructor
Instructor
  • BK Management Team believe that learning is not only about acquiring technical skills, it is also about learning behaviors & Competencies that are desirable for work in plant operation & maintenance critical dimensions. Our holistic teaching develops our delegates' personal effectiveness to function both as an individual and as a team player. The course delivery & modes of instruction will incorporate theory , practical skills and Q&A sessions. 
  • To enhance learning outcomes, theory sessions will comprise classroom based lecture that will intersperse with interactive discussions, scenario-based, case-study, group exercises, video clips, power point slides, learners' Guide and the application of various tools which will be provided to help in the delegates and participants of the learning’s objectives. With successful implementation of the learnt skills they are bound to enhance Individual & Organizational growth.
  • For online / Interactive Virtual sessions, Delegate should have a stable & good Internet connection on his Laptop.

On successful completion of this training course, BK’s Certificate with eligible Continuing Professional Education credits (CPE), will be awarded to the delegates, one CPE credit is granted per 50 minutes of attendance.

Course Features

  • Core : Training
  • Category : ESH Management
  • Days : 5
  • Duaration : 40 Hours