Guide Strategic Thinking Crash Course - How To Build A Better Business Strategy

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Delegates will develop their ability to use strategic thinking to become more proactive and build business plans to implement strategic initiatives through: Greater confidence in understanding the potential strategic impact of current managerial roles A better appreciation of the interconnected nature of major business decisions Understanding how to shift from reacting to problems to making things happen the way you want for you and your organization Knowing how to simplify—be able to deliver critical things instead of struggling with un-prioritised tasks Developing and delivering long, medium, and short-term plans.

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.

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At this point you will have five to 20 root causes. Ask your stakeholders to pick the one or two most important root causes. Step 4: Identify two or three actions that would best address each root cause and further your objectives and measurements. These are your strategies. Step 5: Define a project-based implementation plan with assignments and resource requirements for the next year.

Christensen says that an outside facilitator can help a management team work through these steps in a few intense days. Do the best you can. Strategy is a guess about the future, tested in real-time and iterative in nature. And as Christensen says, a good strategy-making process will do a lot to improve your ability to think strategically.

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Digital Magazine. Awards programs. Resource Library. Check out the latest Insider stories here. There are three types of problems: known knowns, known unknowns, and big unknowns. You usually know how to solve the known knowns. But these blind spots are your sweet spots for innovation. Take on a larger point of view by engaging in conversations with your customers. Understanding their view will make you understand the root cause of their problem and will offer you a lot of opportunities. Big unknowns or blindspots, require immersion, engagement and a design thinking mindset.

Applying the design thinking methodology and following our 5 tips will ease problem finding to make sure your solving the right problem. This method helps you to dig deeper into the problem users experience. You can use iterative questioning to explore cause-effect. Come to customer empathy by immersing yourself in the experience of others, observing what people do and capturing what people say they do. Global innovation projects. Services Business design Talent development Strategy.

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