Business Strategy Toolkit

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Main parameters of developing vision, mission, and purpose statement. •. Maslow's hierarchy of needs. •. Richard Barrett's concept. •. Stephen Covey's theory.
Business Strategy Toolkit Call Us Today: +1-972-665-9786

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Since 1993, Tonex has specialized in providing industry-leading training, courses, seminars, workshops, and consulting services. Why Tonex ? --Presenting highly customized learning solutions is what we do. For over 30 years TONEX has worked with organizations in improving their understanding and capabilities in topics often with new development, design, optimization, regulations and compliances that, frankly, can be difficult to comprehend. --Ratings tabulated from student feedback post-course evaluations show an amazing 98 percent satisfaction score. --Reasonably priced classes taught by the best trainers is the reason all kinds of organizations from Fortune 500 companies to government’s most important agencies return for updates in courses and hands-on workshops

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Audience: 2-day course suitable for: • • • •

Business owners. Managers involved in developing strategies. Middle managers who are on the track to senior positions. Both public and private sectors.

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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The business strategy toolkit instructional class offers a bundle, or a "toolkit", of the devices, strategies, techniques, and models that you have to fabricate a solid key structure for your business. The business strategy toolkit instructional class acquaints you with the fundamental principals and systems of vital business administration. Amid this instructional class, we will enable you to get a handle on the idea of strategy and how it impacts upper hand. The business strategy toolkit instructional class will help you investigate different vital devices and strategies to recognize natural dangers and openings. We additionally will train you to perceive the qualities and shortcomings of your association to create required skills. While it is basic for a supervisor to work in the business (work), it is as pivotal for them to invest adequate energy chipping away at the business (strategy). Setting real techniques for an association would develop with time and continually change in light of various occasions, yet characterizing the gauge, even in an expansive and general layout, can roll out a huge improvement in the result activities of the association. Besides, executing such systems are as critical as characterizing them. Through the business strategy toolkit instructional class, we will train you to characterize techniques reasonable for your business and afterward utilize the devices and assets accessible to you to execute those systems. Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Trainees will also learn: • • • • • •

The main challenges outside the organization that could affect the performance of the organization How to deal with these challenges? What are the key strategies and tactics you need to use to accomplish the best results? Emotional intelligence in leadership Different dynamic approach by using creative and innovative methods Persuasion and influencing skills and tactics to achieve your goals

In order to foresee the future growth areas of your business and the potential issues that might damage your organization, as a manager, you need to plan both efficiently and effectively. In the business strategy toolkit training course, we will provide you a complete foundation in a broad range of strategic exercises and procedures.

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Training Objectives: Upon the completion of the business strategy toolkit training course, the attendees are able to: • • • • • • • • • • • •

Develop the necessary skills to perform internal and external analysis Evaluate the dynamics of competition Build strategies by applying suitable structures and tools Understand and discuss the basics of strategy implementation and control Describe competitive advantage Develop research skills to always stay updated and informed about what is related to the business Develop greater and broader awareness and competencies Develop better skills of monitoring, supporting, and performance Establish norms and regulations Use the resources in the most effective way Take more reasonable risks Share knowledge

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Course Outline: Overview of Strategy Toolkit • • • •

Background of strategic development The importance of strategy tools List of strategy tools Which tools are used the most

Strategic Thinking • • • •

What is “frames of reference”? Various thinking styles and how they impact developing strategies in organizations Always look at the big picture, while paying attention to detail The role of creativity in strategic thinking

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Structure of The Strategic Planning: • • • • • • • • •

Principals of organizational and corporate planning Corporate strategy vs. business strategy The role of strategic leadership on the planning culture Importance of competitive advantage Strategies must target the future Importance of the ability to prioritizing tasks and actions How to write a one-page-strategic-plan Why? What? How? Who? When? Creating values and managing them

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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How To Create Unique Value? • • • • •

How to set effective strategies in the absence of necessary and valuable resources? Importance of mission statements Outsource strategies Stay away from greed and distrust Essential elements to profitability

Principals Of Value Creation and Capture: • • • •

Integrate resources Set dynamic abilities and sustain advantages Clients’ perspectives and expectations Who gets the most value from being creative

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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The Strategy Toolkit: • • • • • • • • • • • • • • • • •

Core competences analysis Critical (key) success factors Industry life cycle PESTLE Porters’ forces Portfolio Matrices, BCG or McKinsey Resource-Based View Scenario Planning SWOT Value chain Strategic Activity Trees (SATs) Using the uncertainty and importance grid to priorities key activities Cognitive and Causal Mapping Fishbone analysis of problems Wishbone analysis of potential Benchmarking for gap widening Introducing force field and stakeholder analysis Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Strategy Tool Practice Based On The Company Characteristics: • • •

Size of the company The type of industry The HQ location

The When, How, And Why Of Strategy Tools: • • • • • •

The value of strategy tools Most valuable strategy tools in the various phases of the strategy process Observed value across the three phases of the strategy process Reasons for using strategy tools Most and least dropped strategy tools Reasons to drop strategy tools

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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People And Culture Effect: • • • • • • • •

Main parameters of developing vision, mission, and purpose statement Maslow’s hierarchy of needs Richard Barrett’s concept Stephen Covey’s theory Hofstede’s cultural dimensions Strength Deployment Inventory (SDI) Blanchard and the Situational Leadership Model Belbin’s Team Roles

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Strategic Frameworks: • • • • • • • • •

Developing the framework, step by step Effect of the corporate value on individual values The European Foundation for Quality Management (EFQM) Model The Corporate Alignment Model (CAM) Scenario planning Storytelling McKinsey 7Ss framework Kaplan and Norton Strategy Maps Peter Senge – The Fifth Discipline

Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Financial Sector: • • • • • • •

The BCG development matrix Financial ratios Evaluating financial attraction via the “value-over-time” curve Budgeting Overhead cost analysis Discounted Cash-flow (DCF) Value Based Management (VBM)

Implementing The Strategy Tools: • • • • • • •

Length and style of a strategic plan Developing the storyline How to communicate the plan Evaluate the implementation difficulty Implementation plans Key Performance Indicators (KPIs) Kaplan and Norton concept of the Balanced Score Card (BSC) Business Strategy Toolkit https://www.tonex.com/training-courses/business-strategy-toolkit/

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Business Strategy Toolkit Price: $1,699.00 Length: 2 Days

Call Us Today: +1-972-665-9786

https://www.tonex.com/training-courses/business-strategy-toolkit/

Contact Tonex Training Expert Dallas, TX: 1400 Preston Rd., Suite 400 Plano, Texas 75093 Tel: +1-972-665-9786 Washington, DC: 1025 Connecticut Ave, NW Suite 1000 Washington, DC 20036 Tel: +1-202-327-5404 International: +1-214-762-6673 Fax: +1-972-692-7492 Visit Tonex website https://www.tonex.com/