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Think Strategically

An Intensive 3-Day Training Course

Think Strategically

Seeing the Bigger Picture and Challenging Conventional Thinking

We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at info@petroknowledge.com

Why Choose this Training Course?

Why Choose this Training Course?

Formulating strategy is no longer seen as an occasional planning exercise but rather a way of thinking that enable managers to see the bigger picture and choose actions to address the most important issues, aligned with the organization’s strategic goals and, where appropriate, challenge conventional thinking by offering fresh, creative ideas and plans. Equally important, once a strategy has been chosen, is the ability to implement it successfully in order to deliver results. Professional managers require the skills and competencies to think and act strategically, especially in a M&A context.

This training course enables delegates to:

  • Develop strategic thinking skills through practising methods and techniques that enable new perspectives to be taken
  • Understand the difference between strategic thinking and planning
  • Learn that strategy is about choice: finding out what is key and concentrating on strategy that delivers the big goals
  • Practice a systematic approach to quickly, but thoroughly developing, delivering and measuring business plans
  • Identify and understand the difference between good and bad strategy

What are the Goals?

What are the Goals?

By the end of this training course, participants will be able to understand:

  • What strategy is and its role in value creation
  • How to link the creation of stakeholder value with strategic positioning, organization processes and investment
  • Effective strategy for competitive, non-competitive and transition environments
  • Better practice frameworks and tools enabling the above
  • How to cascade strategy effectively through to business plans, budgets, day to day decisions, risk mitigation and performance management

Who is this Training Course for?

Who is this Training Course for?

This PetroKnowledge course is suitable for:

  • Anyone in a leading role or management role, or who is about to take up such a role. It would be valuable for others involved in developing or helping realize the company vision who wishes to update his/her knowledge by re-considering leading-edge thinking in the field of strategic thinking and strategic management
  • The training course is designed to be very participative and is action-oriented. It will enable functional specialists and professionals from any part of the organization to take a broader view of their potential contribution to the performance of their company, division, business unit or team

How will this Training Course be Presented?

How will this Training Course be Presented?

The training course design follows a proven structure for adult learning by combining short inputs of models and concepts with practical exercises from inside and outside the client organization followed by review sessions to consolidate the learning. The course consists of short, focussed sessions that provide an engaging mix of theoretical input, practical exercises, group discussions and presentations to cater for a variety of learning styles. Delegates develop individual action plans to continue the learning beyond the course to ensure the learning is applied and developed further.

Daily Agenda

Day One: Principles of Strategic Thinking and Analysis

  • What are strategy and strategic thinking?
  • What is the difference between a good strategy and a bad one?
  • How to think strategically: comparison with analytical and creative thinking
  • Understanding the concept of the “business model”
  • Vision, values, mission and goals – case examples, class discussion and guidelines
  • Analysis and extrapolation of the business environment (PESTEL, 5 Forces)

 

Day Two: The Strategic Planning Process

  • How to evaluate market structures, trends and prospects (Ansoff & Directional Policy Matrices)
  • Evaluating internal competencies and capabilities
  • Situational analysis: How to use a SWOT matrix
  • Strategy formulation and measurement – Strategy Maps and the Balanced Scorecard
  • The content of a strategy: how to achieve strategic alignment
  • Putting a strategic plan together – a 5-page framework
  • Business cases and business plans demystified

 

Day Three: Strategy Implementation, Measurement and Improvement

  • Managing risk and uncertainty
  • Gaining your team’s commitment and buy-in to the strategy
  • Video Case Study: Strategy Consultancy Role Play
  • Effective execution – communication and stakeholder management
  • Implementation – getting practical things done
  • Conclusion - the corporate and individual value of strategic thinking

 

Certificate

  • On successful completion of this training course, a PetroKnowledge Certificate will be awarded to the delegates

In Association With

GLOMACS Training

Our collaboration with GLOMACS aims to provide the best training services and benefits for our valued clients

Visit Website ›

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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© 2024. Material published by PetroKnowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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