Strategic Thinking and Decision Making
Day 1: Foundations of Strategic Thinking
Understanding the principles of strategic thinking and its importance.
Identifying and analyzing internal and external business environments.
Frameworks for effective strategic planning.
Recognizing and overcoming cognitive biases in strategic decision-making.
Day 2: Decision-Making Frameworks and Tools
Introduction to decision-making models: rational, intuitive, and hybrid approaches.
Utilizing SWOT, PESTLE, and other strategic analysis tools.
Decision-making under uncertainty: managing risks and leveraging opportunities.
Aligning decisions with organizational objectives and values.
Day 3: Scenario Planning and Risk Management
Developing and analyzing multiple scenarios for strategic planning.
Techniques for identifying and prioritizing risks.
Contingency planning and adaptive strategies.
Case studies: learning from successful and unsuccessful strategic decisions.
Day 4: Communication and Stakeholder Engagement
Crafting compelling strategic narratives to influence stakeholders.
Building consensus and collaboration among cross-functional teams.
Effective communication techniques for presenting strategic plans.
Monitoring and measuring stakeholder alignment with strategic goals.
Day 5: Strategy Execution and Performance Measurement
Translating strategy into actionable plans and initiatives.
Tools for tracking and measuring strategic performance.
Adjusting strategies based on feedback and changing circumstances.
Developing a personal strategic action plan for professional growth.
