Day 1:
Foundations of Strategic Thinking
Introduction to strategic thinking: Definitions, importance, and key frameworks.
Understanding organizational context through PESTEL and SWOT analyses.
Identifying core competencies and competitive advantages.
Aligning vision, mission, and values with strategic objectives.
Day 2:
Risk Management and Scenario Planning
Techniques for identifying and mitigating strategic risks.
Developing scenarios to anticipate future uncertainties.
Building contingency plans for crisis situations.
Case study: Lessons from Nokia’s failure to adapt to smartphone disruption.
Day 3:
Agile Strategy Development
Principles of agile methodology in strategic planning.
Iterative approaches to strategy formulation and execution.
Leveraging technology for data-driven decision-making.
Workshop: Creating an agile roadmap for a hypothetical organization.
Day 4:
Sustainability and Ethical Considerations
Integrating ESG (Environmental, Social, Governance) criteria into strategy.
Exploring circular economy models for resource optimization.
Ensuring compliance with global sustainability standards.
Group activity: Designing a sustainable supply chain strategy.
Day 5:
Execution and Evaluation
Translating strategic plans into actionable steps.
Monitoring progress through KPIs and dashboards.
Engaging stakeholders to secure buy-in and support.
Final presentation: Participants showcase their strategic plans.
