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Strategic Thinking and Decision Making

If you are involved in and/or responsible for making decisions that have a strategic impact for your organisation, you appreciate the complexity and often personal risk at stake when making such decisions. To avoid risk and uncertainty, decisions are often not made, they are made too late, or the incorrect decisions are made. Whist decision risk and complexity can never be fully overcome, this course will help you make more effective decisions through the use of proven strategic thinking and decision making techniques. Facilitated by a senior corporate consultant and executive coach, this course is essential for your professional development.

Turning 'Theory' into 'Practice'?

This course teaches the use of strategic thinking and decision making techniques based on best practice and the facilitator’s experience. It is rich in practical application through self assessment, group work, discussion and case study exercises.

Who should attend?

All management roles that are involved in and are responsible for making strategic decisions for their organisation. Also very relevant for internal consultants who are involved in facilitating the decision making process.

Completion of a Pre-Course Questionnaire and an Emotional Intelligence Assessment

Key areas to be covered in the programme and documentation

Organisational Decision Making - Key Principles and Considerations
Exercise: Learning from decisions that made history
• Strategy, Strategic Thinking and Strategic Decision Making defined
• The scope of strategic leadership
• Barriers to effective thinking – fun problem solving exercise to demonstrate thinking barriers
Exercise: Using mind mapping to better understand a problem or challenge

Strategic Analysis Tools that Aid Decision Making
• Portfolio Analysis – recap and practice exercise
• PESTLE Analysis - recap and practice exercise
• 5 Forces Analysis - recap and practice exercise
• Customer Needs Assessment framework
• Understanding the evolution of strategy maps from the Balanced Scorecard
Exercise: Develop a Strategy Map based on strategic analysis

Tools for Analysing your Options and Making Decisions
• Strategic fitness scorecards
• Solution selection matrices
• Decision trees
• Vroom-Yetton-Jago Decision Model
• Making good decisions faster without compromising decision integrity
Exercise: Applying the above tools on the case study

Working with your Stakeholders
• Identifying the stakeholders in your Decision Making Process
• Planning for stakeholder engagement
• Developing strategies to maximise stakeholder support
Exercise: Demonstrate stakeholder mapping and time trajectories

YOU – The Strategic Leader
• Reviewing leadership perspectives from three transformational leaders
• Understanding emotional intelligence and its role in effective strategic thinking
• How to improve your EI
Exercise: Your EI Profile. Self assessment

Applying the Techniques
• Technique Application
• Technique Evaluation
• Personal Action Planning
Exercise: Working on case study scenarios

Pre-course work: Completion of a Pre-Course Questionnaire and an Emotional Intelligence Assessment

Benefits to you

• Understanding strategic decision making processes and their complexities
• Learning how to use key techniques that will help you in the strategic thinking and decision making process
• Improving your ability to make decisions and to generate alternative decisions
• Gaining confidence in making complex decisions whilst managing risk and uncertainty
• Develop strategies to improve strategic decision making in your organisation
• Learn from other course participants by discussing and solving challenging decision scenarios

Companies already benefiting include:

Duration of Course

2 Day Course

Course details

13th & 14th September 2017, London, PT3514

Looking to train larger teams in this subject?

dzingim@marcusevansuk.comTailored in-house/in-company training courses and bespoke strategy workshops designed and delivered on-site throughout Europe according to your specific requirements.

All management, personal development and project management public courses featured in our Course Directory are also delivered on an In-Company basis.

Click Here for information on how this course can be delivered for you as an In-Company Training Solution

 


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dzingim@marcusevansuk.com - Marketing Manager EMEA - Professional Training


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Testimonials

"This course will allow my company to develop its existing strategies to a much greater and hopefully profitable level."

Managing Director, Tarmac