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Planning and Strategy ManagementBusiness Analysis, Decision Making and Developing a Strategy


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  • United Arab EmiratesDubai
  • 20 - 24 Feb 2023
  • 20 CPD hours
  • $4,900.00
  • Overview
  • Course Outline
  • Scheduled Dates

Course Overview

Effective strategic analysis, strategic decision-making and translating those decisions into a strategy that can be communicated and planned is essential to the future success of any organization. In this programme you will learn how to:

• Focus on core tools for strategic analysis and how to use them effectively to make strategic decisions

• Develop a strategy that can guide your firm into the future.

• Examine best practice models from other industries and also apply the techniques learned in their own industries

Objective:

  • Understand and apply a range of tools available for strategic analysis
  • Analyse the competitive environment and your firm’s position in it
  • Understand the resources and competences involved in different bases of competitive advantage
  • Analyse the core competences and basis of competitive advantage of your firm
  • Understand and apply the tools available for developing strategic options
  • Understand the characteristics of good strategic decision making
  • Understand common traps involved in strategic decision making that lead to failure
  • Bring strategic analysis and decision making together into a strategy for your firm
  • Broaden strategic analysis and decision-making skills through considering a range of case examples outside your industry and applying the concepts in your own firm.
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Course Outline

Contents:

Day 1 - Analysing the competitive environment and firm positioning

  • Introduction to environmental analysis tools – PESTLE, Five forces analysis, Industry life cycle analysis and Strategic group analysis
  • Identifying trends affecting an industry
  • Identifying the state of competition within an industry, the key competitors, and the key competitive positions
  • Identifying key success factors in an industry
  • Case study analysis applying these concepts
  • Applying these concepts to your firm

 Day 2 - Analysing the resources and competences underlying competitive advantage

  • Introduction to organizational analysis tools – Resource auditing,
    Core competences, Value chain analysis
  • Mapping how organizational resources and competences strengthen or detract from a firm’s competitive position
  • Case analysis: Undertaking a resource, competence, and value chain analysis for firms in different competitive positions
  • Applying these concepts to your firm

 Day 3 - Developing strategic options

  • Introduction to tools for developing strategic options – Portfolio analysis, Product/Market analysis, Protecting current advantage
  • Developing a range of strategic options
  • Evaluating options and making strategic choices
  • Ensuring that strategic options fit the competitive environment, your firm’s competitive position and develop sustainable competitive advantage
  • Case analysis

 Day 4 - The strategic decision-making process

  • Understanding the key characteristics of effective strategic decision making
  • Understanding common traps in strategic decision making – hubris, over-reach, overly consensual
  • Introduction to a range of tools for improving strategic decision making – Dialectic inquiry, Devil’s advocacy, Scenario building techniques
  • Analysing the strategic decision-making process in your firm, business division, or work group
  • Developing a guideline for improving decision making in your firm, business division, or work group

Day 5 - Pulling strategic analysis and decision-making together in a strategy

  • Identifying your core business proposition
  • Developing a vision and mission statement for your core business proposition
  • Identifying the key strategic priorities that your firm needs to meet
  • Developing strategic objectives

 

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Schedule & Fees

2+1Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Istanbul

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Dubai

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5 Days 20 CPD hours

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London

$4,500.00

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Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

How often do you update your course content to ensure relevancy?

Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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  • United Arab EmiratesDubai
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