Business Analysis, Decision Making and Developing a Strategy Essentials for a Successful Organization

Business Analysis, Decision Making and Developing a Strategy Essentials for a Successful Organisation

Introduction:

This course is introduced to you by the International Academy of Human Resource Development (IAHRD). IAHRD is offering  the' Business Analysis, Decision Making and Developing a Strategy Essentials for a Successful Organisation'. Our courses are designed by experts to meet your needs.Effective strategic analysis, strategic decision-making and translating those decisions into a strategy that can be communicated and planned is essential to the future success of any organization. In this programme you will learn how tofocus on core tools for strategic analysis and to use them effectively to make strategic decisions , develop a strategy that can guide your firm into the future , examine best practice models from other industries and to apply theseindustry-based techniques learnt.

Objectives:

At the end of this course , participants will be able to:

• Understand and apply range of tools available for strategic analysis
• Analyze the competitive environment and your firm’s position in it.
• Define the competences involved in different bases of competitive advantage.
• Analyze the core competences and basis of competitive advantage of your firm.
• Apply the tools available for developing strategic options.
• Understand the characteristics of good strategic decision making.
• Consider common traps and obstacles involved in strategic decision making that might lead to failure.
• Put strategic analysis and decision making together into a strategy for your firm.
• Consider a range of case studies from abroad and apply the basic concepts in your own firm.

Contents:

Module 1:

1. Introduction to environmental analysis tools(PESTLE), five forces analysis, industry life cycle analysis and strategic group analysis.
2. Identifying trends affecting an industry.
3. Interpreting the state of competition within an industry, competitors and the competitive positions.
4. Industry key success factors.
5. Case study analysis applying these concepts.
6. Implementation of these concepts to your firm. 

Module 2:

1. Introduction to organizational analysis tools: Resource Auditing, Core Competences, Value Chain.
2. Mapping how organizational resources and competences strengthen or detract from a firm’s competitive position.
3. Case Analysis: Undertaking a Resource, Competence and Value Chain Analysis for firms in different competitive positions.
4. Applying these concepts to your firm.

Module 3:

1. Introduction to tools for developing strategic options: Portfolio Analysis, Product/Market Analysis, Protecting Current Advantage.
2. Developing a range of strategic options.
3. Evaluating options and making strategic choices.
4. Ensuring that strategic options fit the competitive environment, your firm’s competitive position and develop sustainable competitive advantage.
5. Case Analysis.

Module 4:

1. Understanding the key characteristics of effective strategic decision making.
2. Understanding common traps in strategic decision making: Hubris, Over-Reach, Overly Consensual.
3. Introduction to a range of tools for improving strategic decision making: Dialectic Inquiry, Devil’s Advocacy, scenario building techniques.
4. Analyzing the strategic decision making process in your firm, business division, or work group.
5. Developing a guideline for improving decision making in your firm, business division, or work group.

Module 5:

1. Identifying your core business proposition.
2. Developing a vision and mission statement for your core business proposition.
3. Identifying the key strategic priorities that your firm needs to meet.
4. Developing strategic objectives.

Who should attend?

1. Top-level managers or senior managers.
2. Middle-management
3. Supervisors
4. Interested candidates who would like to expand their knowledge.