Strategy and Decision Making

Live Online (VILT) & Classroom Corporate Training Course

Unlock the power of strategic decision making. This course equips you with the tools and frameworks to navigate complex business environments, evaluate options, and make effective strategic decisions
Decision Making Logo

How can we help you?

  • CloudLabs
    CloudLabs
  • Projects
    Projects
  • Assignments
    Assignments
  • 24x7 Support
    24x7 Support
  • Lifetime Access
    Lifetime Access
Box

Overview

The course “Strategy and Decision Making” focuses on equipping participants with the knowledge and skills to make effective strategic decisions in various organizational contexts. Participants will learn about the fundamentals of strategic thinking, decision-making processes, and strategic analysis techniques to enhance their ability to formulate and implement successful strategies.

Box

Objectives

Understand the challenges and complexities of Strategy and Decision Making.

  • Understand the importance of strategic thinking and its role in decision making.
  • Learn various decision-making models and frameworks.
  • Develop skills in strategic analysis, including environmental scanning and SWOT analysis.
  • Enhance the ability to evaluate options, assess risks, and make informed strategic decisions.
  • Learn how to effectively communicate and implement strategic decisions within an organization.
Box

Prerequisites

  • Basic understanding of business principles and practices.
  • Familiarity with organizational management concepts.
  • Some experience in a leadership or managerial role is beneficial.
Box

Course Outline

  • Understanding the role of strategic thinking in organizational success
  • Analyzing the external environment and identifying key trends and challenges
  • Developing a strategic mindset and fostering innovation

  • Conducting SWOT analysis and identifying strategic issues
  • Using tools such as PESTEL, Porter’s Five Forces, and competitive analysis
  • Applying critical thinking to solve complex business problems

  • Exploring different decision-making models (e.g., rational, intuitive, collaborative)
  • Evaluating alternatives and assessing risks and opportunities
  • Balancing short-term and long-term considerations in decision-making

  • Developing action plans and aligning resources with strategic decisions
  • Monitoring and evaluating the effectiveness of strategic choices
  • Addressing implementation challenges and adapting strategies when needed

  • Understanding the ethical implications of strategic decisions
  • Incorporating ethical considerations in the decision-making process
  • Building a culture of ethical decision-making within the organization
Box

Testimonials