In today's rapidly evolving business landscape, organizations need strategic thinkers and planners who can navigate uncertainty, anticipate change, and develop robust strategies for long-term success. This five-day course delves into advanced techniques in strategic thinking and planning, leveraging future studies methodologies to gain a competitive advantage.
• Apply advanced frameworks and tools for strategic thinking and planning.
• Utilize future studies methodologies to analyze trends, forecast potential disruptions, and prepare for future scenarios.
• Develop a strategic mindset for long-term success in an uncertain future.
• Conduct a comprehensive strategic assessment of their organization's internal and external environment.
• Craft a compelling vision and mission statement aligned with future trends.
• Design and implement effective strategies for achieving organizational goals.
• Develop contingency plans to mitigate risks and adapt to unforeseen circumstances.
• Communicate strategic plans effectively to stakeholders at all levels.
• Strategic planners and analysts
• Business leaders and executives
• Consultants and advisors
• Anyone involved in developing and implementing organizational strategy
• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a binder containing a copy of the presentation
• slides and handouts
• Post-assessment
Day 1: The Future of Strategic Planning
• Introduction: Welcome and course overview.
• The Shifting Landscape of Strategy: Exploring the challenges and opportunities of strategic planning in a dynamic future.
• The Importance of Future Studies: Understanding how future studies methodologies can inform strategic thinking and planning processes.
• Introduction to Key Future Studies Tools: Learning about trend analysis, scenario planning, and foresight methodologies.
• Case Study: Analysing a real-world example of how an organization successfully utilized future studies to inform their strategic planning.
Day 2: Advanced Frameworks for Strategic Analysis
• SWOT Analysis on Steroids: Going beyond the traditional SWOT analysis by incorporating future trends and potential disruptions.
• STEEP Analysis: Exploring the Social, Technological, Economic, Environmental, and Political factors influencing the future business landscape.
• Porter's Five Forces Analysis with a Future Lens: Understanding the competitive landscape by considering how technology, regulations, and consumer behaviour may evolve.
• The Business Model Canvas for the Future: Learning to adapt and innovate business models using the Business Model Canvas framework while considering future trends.
• Workshop: Participants work in teams to apply advanced frameworks to analyse their own organizations or a chosen industry.
Day 3: Developing a Strategic Vision & Mission
• The Power of Vision: Understanding the importance of a compelling vision statement that inspires and guides the organization towards the future.
• Crafting a Future-Oriented Mission Statement: Developing a mission statement that articulates the organization's purpose and aligns with future aspirations.
• Values & Guiding Principles: Defining core values and principles that will shape the organization's strategic decision-making in the future.
• Case Study: Analysing successful vision and mission statements from different industries, exploring how they consider future possibilities.
• Group Discussion: Participants share their vision and mission statement drafts, receiving feedback and refining them based on a future-oriented perspective.
Day 4: Scenario Planning for Strategic Advantage
• The Power of Scenario Planning: Understanding how scenario planning can help prepare for a range of potential futures and adapt strategies accordingly.
• Developing Future Scenarios: Participants work in teams to create different future scenarios based on potential trends and disruptions.
• Strategic Implications of Different Scenarios: Analysing the impact of each future scenario on the organization's goals, strategies, and operations.
• Developing Contingency Plans: Designing alternative strategies and plans to adapt to the challenges and opportunities presented in each future scenario.
• Guest Speaker: A futurist or industry expert shares insights on future trends and their implications for strategic planning in various sectors.
Day 5: Implementing & Communicating Strategy for the Future
• Strategic Action Planning: Developing a clear and actionable plan to implement the chosen strategy and achieve organizational goals.
• Performance Measurement & Monitoring: Establishing key performance indicators (KPIs) to track progress towards strategic objectives in a dynamic environment.
• Communicating Strategy Effectively: Learning strategies to communicate the organization's vision, mission, and strategic plan to different stakeholders.
• The Future of Strategic Planning: Exploring emerging trends and best practices for continuous strategic planning and adaptation in an uncertain future.
• Course Wrap-Up & Q&A Session: Reviewing key takeaways from the course, addressing any remaining questions, and discussing ongoing learning and support resources.
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