At GICF Group training sessions, you will Learn...
- Why Most Companies Fail at Strategic Planning! - and Why You Won't!
- How to Create a Great Strategic Team.
- How to Dominate Your Market.
- How to Get the Information You Need.
- How to Measure Key Success Factors.
- How to Find Your Unique Strategic Competencies.
- How to Make Good Assumptions.
- How to Select and Exploit Your Best Opportunities.
- How to Protect Your Company from Potential Threats.
- How to Select an Appropriate Strategic Focus.
- How to Get from Where You Are to Where You Want to Be.
- How to Best Allocate Your Resources to Meet Your Objectives.
- How to Most Effectively Make It All Happen.
- How strategic planning impacts survival
- Why strategic planning requires a big-picture approach, rather than a single "magic bullet" solution
- How to craft a strategy that is thorough, yet simple
- Why you should never plan by yourself
- Who should be on your team...and who must NOT be
- How to build team commitment
- Ways to pinpoint the best team leaders
- Why you must define your market with laser-like focus when creating a strategic plan
- The right way to segment your market for maximum profits
- The #1 mistake most companies make when doing segmentation
- How to gain market share...no matter how tough the competition is
- Why the information you gather is critical to the success of your plan
- The hands-down best way to gather information
- Why you never want too much information...and how to know when you have enough
- The truth about who should gather information for you (hint: the answer may surprise you)
- The key areas to measure that drive your business
- The accurate way to measure intangibles
- How to create a profitability analysis to uncover and enhance your best profit centres
- The one thing you must always measure to ensure the very survival of your company
- Why every company must find its strategic competencies and what to do if you can't find one
- The three elements of every strategic competency
- How to sustain your strategic competency
- The three specific tests that every strategic competency must pass
- How to avoid one of the biggest mistakes of strategic assumptions
- How to anticipate the turning points in a trend
- What to do when it's impossible to make a reasonable prediction
- The four steps to minimizing assumption errors
- How to prepare for the unexpected
- How to avoid the dreaded "group think"
- How to use creative brainstorming to uncover breakthrough ideas
- How to stimulate creative thinking about opportunities
- The four criteria you should use to assess the viability of any new opportunity
- The most important question your company must answer to anticipate any strategic threats
- The five steps you must take to minimize the impact of any significant strategic threat
- How to evaluate perceived threats to identify those with the greatest potential impact
- The six options for your company's strategic focus
- How to align your strategic focus with your strategic competencies
- The four key factors of market attractiveness
- The seven key characteristics of your competitive position
- The five core business strategies
- How to select the best strategy for each market segment
- The four options for your competitive strategy
- How to select a competitive strategy for each market segment
- How to set measurable, specific and achievable strategic objectives
- How to achieve 80% to 90% of your strategic objectives (most company achieve only about 30% of their objectives)
- How to determine resource needs and availability
- How to find the money and the time to carry out your strategic plans
- Why the planning process produces better results each time you use it
- How to use your daily behaviour to communicate your plan throughout the company
- When to update your plan
- How often to monitor your progress
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