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Strategic Thinking & Decision Making in Competitive Environments
course
Strategic Management
Course Overview
Today’s business environment is increasingly competitive and fast-changing. Product life-cycles are shortening, technology evolves rapidly, and markets are opening globally. To achieve profitable growth, organizations must think faster, innovate quicker, and often transform radically.
This highly interactive Strategic Thinking & Decision Making training course is designed for experienced management team members who need to capitalize on new opportunities while effectively managing threats from existing and emerging competitors. Participants will gain the knowledge and tools to make sound strategic decisions that drive organizational success.
Course Objectives
By the end of this training course, participants will be able to:
Understand the dynamics of competitive markets and their impact on business strategy.
Identify and apply the right tools and techniques for market and competitor analysis.
Build systems for acquiring, analyzing, and acting on competitor and market intelligence.
Understand the processes and strategic significance of value migration.
Manage simultaneous competitive and collaborative business relationships.
Create sustainable differentiation through the total business model.
Course Audience
This course is suitable for a wide range of professionals in both private and public sector organizations, including:
Strategic Planners
Senior Operations Personnel
Marketing Analysts
Technical and Research Professionals
Corporate Finance Specialists
HR Teams involved in long-term staff development
Course Methodology
This course combines instructor-led presentations with interactive discussions tailored to participants’ real-life strategic challenges. Practical exercises, video materials, and case studies will enhance learning by providing examples of real-world strategic decisions and business situations.
Course Outline
Day 1: Evaluating the Business and its Potential
Understanding the value structure of a business and its evolution
Value chain and value ladder in strategic thinking
Financial and non-financial business evaluation
Strategic foresight as a critical activity
Concept of profitable growth
Case study
Day 2: Strategic Analysis in a Competitive Context
Learning from best practices
Introducing a strategic mindset
Managing internal and external relationships in strategy development
Assessing risk in strategic decisions
Reviewing and evaluating initiatives and projects
Securing cohesion of strategic programs
Case study
Day 3: Dealing with Choice and Complexity
Strategic choices: deciding what to do and what not to do
Incorporating agility and contingency planning
Make-versus-buy decisions
Leveraging information technology for complexity management
Supply-demand chain optimization
Participating in virtual or extended organizations
Case study on managing complexity
Day 4: Strategic Decision-Making
Building an effective strategic planning team
Project evaluation and ranking opportunities
Innovation in the strategic decision process
Risk analysis and management tools
Setting objectives, milestones, and performance measures
Sustaining differentiation through the total business model
Case study of a real-life strategic decision
Day 5: Implementing Strategy and Long-Term Development
Overcoming challenges in strategy implementation
Breaking down strategic plans into actionable steps
Implementation as a mission-critical activity
Planning ahead with foresight and leveraging experience
Converting foresight into programs and projects
Discussion of delegates’ follow-up action plans
Course summary and overview
Certificates
Upon successful completion of this training program, participants will be formally awarded a HighPoint Certificate, recognizing their demonstrated knowledge and competencies in the subject matter. This certificate serves as an official testament to their proficiency and commitment to professional development