Course description
In today’s competitive business environment, workers must possess strategic thinking and analysis skills for better decision-making and planning to achieve targeted goals. These skills are vital for attaining the company’s short and long-term objectives.
What are the key attributes of strategic thinkers?
Strategic thinking is one of the most vital capacities that modern-day managers are required to possess. Companies require strategic thinkers because of today’s business environment’s complex challenges and problems. The main components of strategic thinking involve creative ability, systems thinking, building advantage, and the ability to make synergy. These are the key components of strategic thinking that enable managers and employees to navigate the ever-changing business environment. While strategic thinkers may differ in strategy application tactics, however, they possess certain established characteristics, and they include the following:
- A curious mind
- Capacity to connect dots or ideas
- Strategic foresight
- Flexible attitude
- Ability to contextualize information or data
What are the types of strategic analysis?
The strategic analysis involves researching a company’s business environment to develop a strategic plan for the organization’s smooth operation and decision-making. With proper strategic analysis, the objectives and goals outlined by the company can be fulfilled. Organizations must constantly execute strategic analysis to help them identify areas of potential improvement and places that are performing excellently. This involves considering areas of potential change and how changes can impact the organization’s operations. There are different types of strategic analysis, and they include the following:
- Internal strategic analysis
- External strategic analysis
The Rcademy Strategic Thinking and Analysis Certification Training Course will provide attendees with the basics of strategic thinking and analysis. Focus is also given to the principles of strategic thinking and analysis, types of strategic analysis, the strategic thinking process, and various techniques for strategy analysis. Participants will learn the benefits of strategic thinking and analysis and recognize the action steps for strategic thinking and the challenges associated with strategic thinking and analysis.
Upcoming start dates
Suitability - Who should attend?
The Rcademy Strategic Thinking and Analysis Certification Training Course will provide participants with the following objectives:
- Understand the rudiments of strategic thinking and analysis
- Identify the various challenges and problems facing the utilization of strategic thinking
- Learn about decision-making and problem-solving
- Recognize the roles of strategic thinking in value creation
- Understand the different tools, techniques, and steps involved in strategic thinking and analysis
- Recognize the roles and responsibilities of a strategic thinker
- Learn how to incorporate strategic thinking and analysis into the administration of an organization
- Understand the various skills needed to develop strategic skills
- Learn the various principles and methods of strategic thinking and analysis
- Recognize the relationship and differences between strategic thinking and strategic analysis
Training Course Content
Module 1: Introduction to Strategic Thinking
- Overview and definition of terms
- Characteristics of professional strategic thinkers
- Operational, strategic frameworks
- Importance of strategic thinking
- The strategic thinking processes
- The sequence of strategy
- Embracing the strategic thinking process
Module 2: Overview of Strategic Analysis
- Overview of strategic analysis
- The Roles of organisational culture and Structure
- Recognizing business needs: problems and opportunities
- Understanding the purpose, value, and power of strategy analysis
- Importance of strategy analysis
- Types of strategy analysis
- The strategy analysis process
Module 3: Strategic Analysis: Developing Plans to Smoothen Workflow
- Analysis tools
– SWOT analysis
– Porter’s Five Force
– Value chain analysis
– PESTLE analysis
– Scenario planning - Benchmarking with RACE
- RACE framework to streamline analyzing
Module 4: Future State Analysis
- Evaluating potential value
- Business goals and objectives
- Recognizing constraints
- Identifying assumptions
- Designing a solution scope
Module 5: The Strategy Planning Process
- Planning models for success
- Building a comprehensive plan
- Vision, mission, and value as critical elements of strategy
- Checking strategic alignment
- Evaluating the success of the plan
Module 6: Strategy Measurement, Implementations, and Improvement
- Managing risks and uncertainty
- Implementations
- Gaining the team’s commitment
- The individual and corporate value of strategic thinking
- Effective implementation
- Communicating with stakeholders
Module 7: Define Change Strategy
- Conducting gap analysis
- Transition state and release planning
- Defining solution scope
- Developing change strategy
- Assessing organizational readiness
Module 8: Assessing Strategic Choices
- Value chain
- The three goals of competitive strategy
- Building a competitive advantage
- Porter’s generic competitive strategies
- Innovating in the industry value chain
Module 9: Strategic Objectives, Targets, and KPIs
- Using key performance indicators
- The Balanced Scorecard (BSC)
- Attributes of the correct KPIs
- Ensuring strategic alignment in the company
- Setting SMART targets
- Building different types of KPIs
Module 10: Encouraging Innovative Thinking
- Training for creativity
- The strategic thinking toolkit
- Practice and brainstorm
- Strategy implementing challenges
- Goal setting
- Inability to track progress
- Lack of alignment
- Investing techniques that suit employees
Module 11: Innovation, Creativity, and Critical Thinking in Strategic Management
- Corporate Culture and Attitudes to Failure
- Evaluating business position
- Understanding and engaging with stakeholders
- Brainstorming tools
- Evaluating Risks and avoiding pitfalls
- Employing strategic thinking tools
Course delivery details
This course is participant-driven and designed to meet attendees’ expectations while enhancing their knowledge and skills about the subject matter. Different practical techniques that will ensure participants’ constant and active learning will be utilized in delivering the course. Renowned professionals and experts in the field with several years of practice and experience will teach the course. The course modules are drafted from exhaustive and careful research into the subject matter.
The Rcademy Strategic Thinking and Analysis Certification Training Course integrate practical and theoretical learning presented through lecture notes, case studies, real-life scenarios, and slides on the concepts. Attendees will also partake in seminar workshops, presentations, quizzes, and constant feedback on lessons taught to gauge and determine their maximum satisfaction.
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Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...