Strategic Thinking

SC
Skills Cafe

About This Course

Strategic thinking refers to the mental process applied by an individual to achieve a goal. It involves assessing the environment for risks, challenges, and constraints, finding alternatives, and using the available information to decide between the possible alternatives. Strategic thinking should not be confused with problem solving, as it involves looking beyond solving the immediate challenges and taking a more long term, sustainable view to achieving organizational and business goals. How to capture market share? How to take a product to the market? How to price or create commission structures? How to improve a business metric over time? These are problems that a strategic thinker would like to solve. This program is aimed at improving strategic thinking abilities of participants. The program is applicable to both mangers and individual contributors.
Program Objectives

Learning Journey: The workshop will be divided into three parts:

  • Pre-workshop (30 minutes): Introduction to biases, introduction to strategic thinking
  • Live Workshop (3 hours): Driven hrough short exercises, games, and simulations
  • Post-workshop (1 hour): Short assignment and case exercises

Skill Drill 1: What is Strategy? (45 minutes)

While you are playing a game of chess or planning a low-cost vacation or launching a new process, you are using strategic thinking. This session uses short games and scenarios to highlight the key elements of strategic thinking. Participants will explore the following concepts in this session:

  • Strategic versus operational
  • Long-term vs short term
  • Big picture vs narrow focus
  • Systems thinking
  • Decisioning quality vs outcome quality

Methodology: Short games and exercises

Skill Drill 2: How to Think Strategically? (2 hours)

In this session, participants follow a step-by-step process to think and apply strategic thinking at work. The steps involved are:

  • Define your goal
  • Gather relevant information – internal and external
  • Identify constraints and limits
  • Identify possible options and their outcomes
  • Become aware of your preferred outcomes
  • Think probabilistically
  • Chose and implement an option
  • Monitor, re-align, re-strategize based on outcomes

Methodology: Simulation

Skill Drill 3: Reflection and Learning Journaling (15 minutes)

In this session, participants will use a learning journal to record their key learning from the session. Participanst will also be introduced to the post-workshop case assignment and exercise

Post-Workshop

  • Case assignment with written submission
  • Learning nudges on days 5, 10, and 15

Program Evaluation:

  • Post-workshop feedback
  • Evaluation of post-workshop assignment

Learning Objectives

Develop a strategic thinking mindset
Understand common biases and pitfalls that stop us from being strategic thinkers
Understand the process of thinking strategically
Apply the strategic thinking process to a broad range of problem
Cognitive biases that impact strategic thinking
The strategic thinking guidebook

Requirements

  • No prerequisites

Target Audience

  • All levels
Stragic
Free
Duration 3 hours
Subject
Language
English

Material Includes

  • The Strategic Thinking Playbook
  • Handouts

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