Introduction:
This 5-day training course is designed to equip Director-level executives with the knowledge, skills, and tools necessary to make effective strategic decisions. The course covers the entire strategic decision-making process, from problem definition to implementation and monitoring. The course will provide participants with the opportunity to practice applying the concepts and techniques presented in class to real-world situations.
Outputs:
Upon completion of this course, participants will be able to:
- Clearly define and analyze strategic problems
- Evaluate alternative solutions to strategic problems
- Make informed, data-driven decisions
- Develop and implement a strategic plan
- Monitor and adjust the implementation of a strategic plan
Objectives:
The objectives of this course are to:
- Increase participants understanding of the strategic decision-making process
- Enhance participants ability to make effective strategic decisions
- Provide participants with practical tools and techniques for making strategic decisions
- Foster a collaborative and supportive learning environment
Who Should Attend This Course:
This course is intended for Director-level executives responsible for making strategic decisions. This may include:
- Directors of Strategy
- Directors of Planning
- Chief Operating Officers (COOs)
- Chief Executive Officers (CEOs)
Outline:
Day 1: Introduction to Strategic Decision Making
- Overview of the strategic decision-making process
- Defining and analyzing strategic problems
- Understanding the organizations goals and objectives
- Developing a strategic vision
Day 2: Evaluating Alternative Solutions
- Understanding the decision-making criteria
- Evaluating alternative solutions
- Developing a decision matrix
- Making informed, data-driven decisions
Day 3: Implementing a Strategic Plan
- Developing an action plan
- Assigning responsibilities
- Establishing a timeline
- Allocating resources
Day 4: Monitoring and Adjusting the Implementation of a Strategic Plan
- Measuring progress against the plan
- Identifying and addressing obstacles
- Making mid-course adjustments
- Ensuring accountability
Day 5: Wrapping Up and Applying the Lessons Learned
- Reviewing the key concepts and techniques covered in the course
- Sharing experiences and feedback
- Applying the lessons learned to real-world situations
- Developing an action plan for continued growth and development.
Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.