Business strategy and decision-making

Business strategy and decision-making – overview

A one-day workshop for directors (and those aspiring to Board positions) who are responsible for, or contribute in a significant way to, the development of business strategy and the effective allocation of resources. The purpose of the workshop is to ensure that all the participants are able to prepare effective and credible business strategies by considering:

  • The business and the environment in which it operates
  • The strategic options available to the business
  • Resource allocation and the performance evaluation methods associated with the development and implementation of business strategy

The workshop is practical and pragmatic, with worked examples and an integrative case study. It is equally appropriate to private and quoted companies.

Full details below or download course outline.

Learning objectives

At the end of this workshop each participant will have:

  • A clear understanding of what business strategy is, how it serves as a basis for preparation of the business plan and how it relates to the corporate strategy of the whole organisation
  • Knowledge of the conceptual models which can be used to analyse opportunities and threats to the business and the strengths and weaknesses of organisation
  • Knowledge of the appropriate techniques for developing strategic options and making appropriate strategic choices
  • A critical appreciation of the basis of resource allocation and performance evaluation of the business
Who should attend?

This workshop has been designed primarily for recently-appointed directors (and those aspiring to a board position), although there are clear benefits to having the entire board take part.

Course format

A practical and pragmatic one-day workshop, featuring examples and case study work to ensure an appropriate balance between the practical and the theoretical.

Special features

This workshop can be adapted to reflect your current internal strategic decision-making processes, whether to ensure compliance with them or to offer an opportunity to review and improve them.

Expert trainers

We are blessed with a team of outstanding trainers in this area, who all combine excellent training skills with extensive practical experience of being directors themselves and offering corporate governance consultancy support of one sort or another. They are all very used to delivering training internationally as well as in the UK.

The choice of trainer is entirely yours. You simply need to bear in mind their travel and (if absolutely necessary) accommodation costs, so pick the closest trainer to you or scroll through the list to find a trainer with the specific sector background you’re looking for. If you want some advice on who to choose, just give us a call on 01582 714282.

Please click here to see our list of trainers available to facilitate this course.

Business strategy and decision-making – course outline

1 Business strategy and industry analysis

  • The hierarchy of strategies
  • The structure of business strategy
  • Analysis of industries
  • Competition and competitors
  • Introducing the case study

2 Markets, customers and market driven strategies

  • The analysis of markets, customers and generic market strategies
  • Integrative case study: identifying opportunities and threats

3 Resources, competencies and competitive advantage

  • The analysis of financial resources, people and operations
  • Knowledge and innovation
  • Competencies
  • Adding value and competitive advantage
  • Integrative case study: identifying strengths and weaknesses

4 Finding the way forward

  • Developing strategic options and allocating resources
  • Evaluation and performance management

5 Review

  • Case study review
  • Course review
  • Actions
  • Close