Overview

With the unrelenting pace of change and competition today, developing strategic mindset is vital for leaders to formulate and execute strategies in an organization.

To survive and prosper in a globalized market, corporate strategists have to not only formulate the precise strategy, but also understand how to implement it effectively. Strategic Mindset guides the leaders to continuously tune and adapt to the dynamic business environment.

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Learning Objectives

  • Design winning strategies that align with organization culture and sustain competitive advantage
  • Develop strategic mindset to balance core business and new inititatives
  • Use analytical tools to identify and evaluate a business's strategy and its position in the industry

Key Highlights of the Program

    Strategy and its relevance:
  • Leadership role and relevance of Strategy
  • Understanding connection of Vision, Business Goals and Strategy
  • Building blocks of Strategy development and Execution
    Formulation of Strategies:
  • Porter’s Model – Generic Strategies, what is Value curve, How Can We Innovate to enhance value Delivery, Blue Ocean, Read ocean strategy, Portfolio planning
  • Strategy selection – Decision Grid, Paired comparison, Hedgehog
    Strategy Development:
  • Strategy Development Process – Analysis, Strategy formulation, selection and prioritization
  • Analysis – Porter’s forces, Patterns, Understanding the business environment – Micro & Macro, PESTLE, Portfolio analysis – BCG, SWOT analysis
    Developing Strategic Mind-set
  • Tips to develop Strategic mind-set – Strategic quadrant of Time management
  • Business Acumen basics – Growth with Profits
  • Identifying Patterns that can impact Strategies
  • Role of Possibility thinking in developing Strategies

Outcome of this Program

  • Build the strategic abilities of the top leadership team
  • Enhance ability to capitalize on the market opportunities by leveraging organizational strengths.
  • Improve the implementation of Organizational Strategies

Duration

2 Days

Who should attend

Senior level
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