Making Strategic Decisions

Overview

This half-day workshop starts by exploring what is involved in decision making (i.e., the process of selecting (the best) course of action from multiple alternatives) and then applying those concepts to Strategy i.e., going through the Decision Making Process with a focus on the organisation’s overall, long-term direction… e.g., deciding what markets to enter or leave, what companies to buy or sell, what major investments to make (e.g., IT systems, R&D projects etc.)

The training covers the 'classic techniques' of building a good strategic plan, including (i) agreeing what the long-term direction is, (ii) having this long-term goal clearly defined, (iii) broadly communicating the goals amongst the key decision makers, (iv) knowing what your options are for moving forward, and (v) choosing between those options.

Learning objectives

By attending this highly interactive and practical half-day course you will:

• Understand the key principles of good decision making
• Analyse common errors
• Appreciate the impact of cognitive biases on the decision-making process
• Acquire tools for generating options
• Learn the Strategic Decision-Making Process

Who should attend?

This course is for anyone who wants to improve their ability to make Strategic Decisions.

Customisation

This programme is delivered in a remote format.

Where appropriate, we conduct interviews and facilitate focus groups to gather information with which to write bespoke case studies that precisely reflect the culture and work environment of the participants.

Feedback

Feedback is based upon peer review using Boulden Assessment Checklists. Completing the assessment checklists is not only valuable to the people involved in a given role play, or case study, it also helps those completing them to gain an in-depth understanding of the building blocks that make up effective Strategic Decision Making.

Follow up Coaching Support (Practise makes Perfect)

The workshop can be followed by a 3/4-month-long group coaching activity (using the Action Learning Philosophy). This involves delegates trying out the skills from the workshop in real life situations and getting support and guidance from their peers and the consultant as they do so. If this option is selected there is a Closure Workshop at the end of the coaching phase where delegates present how they have applied the techniques learned on the course into their daily work routine (using the Most Significant Change methodology).

Remote Training

All of our workshops can be delivered as Remote Training via e-learning modules plus Zoom based virtual workshops. Please see our Virtual Training page for more information.