Business Strategy Toolkit

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Business Strategy Toolkit
Presentation · July 2018

DOI: 10.13140/RG.2.2.19877.81122
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Business
Strategy Toolkit
Call Us Today: +1-972-665-9786

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

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

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.

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.

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

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

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

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

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

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

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

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

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
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/
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