• The difference between good and bad strategies
• Improving the performance of an existing company / division / department when faced with major change in business conditions.
• Balancing financial and non-financial objectives and goals
• Developing an existing company / division / department
• Aligning all activity to focus on the strategic goals and not be distracted by less important issues.

The central objectives of this Strategic Thinking, Analysis & Business Planning training course are as follows:

• Learn how to develop a plan to achieve the goals you want for you and your organization (company / division / business unit / team)
• Develop strategic thinking in your organization.
• Develop a strategic plan for your organization.
• Identify the principles and mechanisms that drive successful implementation.
• Develop measurable action plans that result in success.
• Understand your underlying business model and how it relates to your strategy.

This RECTUS Strategic Thinking, Analysis & Business Planning training course provides a vital knowledge base to prepare for greater responsibility and moving into more senior roles. It will benefit managers who are about to take on strategic responsibility; those who have recently done so and more established senior managers who want to update their knowledge, including:

• Business Managers
• Team Leaders
• Process Leaders
• Functional Managers
• Project Managers
• Newly appointed Senior Managers

This highly interactive Strategic Thinking, Analysis & Business Planning training course encourages delegate participation through a combination of short lectures, large and small group discussion, practical exercises, case studies, and breakout sessions to practice new skills. The comprehensive course manual has been designed to be practical, and easy to use. Delegates will gain the skills and motivation they need to design, develop, and implement powerful but simple strategies.

DAY 1

Strategic Thinking and Planning

• The essence of strategy – core concept and definition of terms
• The difference between good strategy and bad strategy
• How to think strategically – practical techniques?
• Leadership and management, comparing strategy and operations.
• Strategic and operational goals – The significance and difference
• Using the strategic management system

DAY 2

Developing Strategy – The Power of Business Analysis

• Understanding the importance and value of a “Business Model”
• Vision, values, mission, and goals – Strategy as perspective
• Analysing your business environment
• How to evaluate your organisation’s competencies and capabilities?
• Resource-based approaches to strategy

DAY 3

Strategy Development, Choice, and Translation

• Levels of strategy: Corporate, business, and functional
• Competitive strategy – Strategy as position
• Emergent strategies – Strategy as patterns
• Uncertainty and scenarios – Strategy as plans
• Strategic choice – How to select the best strategy.
• Translating strategy with strategy maps and balanced scorecards

DAY 4

Embedding Strategy in the Organisation

• Communicating strategy and managing stakeholders
• How to manage strategic risk?
• Alignment of operations with strategy
• Strategic performance measurement
• Managing implementation – Effective Execution of Strategy
• Integrating strategic and operational management processes

DAY 5

Bringing It All Together

• Building a strategy / Business planning team
• Analysing business models and strategies in an industry
• Understanding and overcoming psychological bias
• Overview of the whole course
• Action planning and next steps

Rectus attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.