Strategic Decision-Making

Does your area of responsibility need a strategic direction? What topics do you need to concern yourself with when making a strategic decision? How do executives make their decisions and how does strategic decision-management function? 4 + 3 days.

Description

Every executive must think strategically and decide. This usually requires a few decisions that ultimately form the basis for success or failure. These few decisions set the course for your company and they must be made sensibly. To do so, this requires:

  • Thinking in terms of options and various possible decisions
  • Identifying the consequences of a decision for employees, customers, stakeholders
  • Weighing the probability of successful implementation of a decision

If you have to make important strategic decisions, then you know the dilemma you face. There are numerous options, information is lacking, the situation is vague and complex. Executives must accept that their decisions are often based on assumptions and at-times unverified information. Strategic decision-making means having to make a decision in a situation where information is imperfect. In this 4+3-day program, you will get in-depth knowledge about strategy that is relevant to your work, and the tools to conduct holistic decision management. The first part focuses on the subject of strategy. During the second part of the program, you will analyze your own decision-making behavior and learn the tools you need to optimize this even further.

Who should attend

This is a program for executives who constantly make important decisions about the strategic course their company or department will take. They want to examine their own behavior when making a decision, to think more in of terms of strategic options and to integrate even more modern decision management methods into to their strategic skill set.

Registration

For registration, please click the link below.

Register here

Areas of Focus

The Rules of Strategic Management

  • The overall system of strategic management
  • Strategy as a mindset
  • Strategic analyses, strategic need for actionn
  • Interpreting strategic changes correctlyn

The Strategic-Relevant Business Environment

  • Competitor behavior and advancements in technology
  • Social, ecological and legal changes
  • Consequences for your own strategic positionn

Your own Strategic Position

  • Determining your own strategic position
  • Using and expanding on a strong competitive position
  • Using your core expertise as basis for profitable growth
  • Portfolio strategies & selective optimization, focusing

Avoiding Dangers of Stagnation, Creating Growth

  • Growth strategies during likely or existing market saturation
  • Customer benefits as basis for increasing corporate value

Market-Oriented Structures and Processes

  • What you have to expect from a modern organization is speed, flexibility and customer proximity
  • Skillful decision-making as a factor of management success
  • How to deal with risk and risk behavior
  • The art of using good decisions to set the course of your business

Optimizing your own Decision-Making Behavior

  • What main decisions to I have to make myself?
  • Self-awareness – what type of decision-maker am I?
  • When should I follow my intuition, my “gut feeling”?
  • The psychology of decision-making
  • Using methods that support your decision-making

Successfully implementing a Made Decision

  • Self-organization, personal decisions
  • Trust as the basis for an effective culture of performance