Strategic Thinking: A Tool-Based Approach - STT

May 29, 2014
2 min read

This course is a hands-on, case-based course focused on managers responsible for building and sustaining a successful strategic plan. Participants are exposed to a variety of perspectives on, approaches to, and tools for the conduct of strategic management. These tools address strategy from a macro and micro perspective. There is a major emphasis on historical, current, and potential "game changers", especially on how they are now transforming the industry's future. Applied projects during this course provide opportunities for individualized and team-based learning. Teaching approach follows an iterative process of interactive discussions, application of materials, discussion of results, and re-application of materials to new contexts.

Geologists, geophysicist, engineers, managers, and executives responsible for defining, assessing and developing business alternatives and strategy in the petroleum industry.

You will Learn:

Participants will learn how to:

  • Summarize, present and discuss strategic management topics and issues
  • Determine the factors that influence organizations to change their level of strategic thinking
  • Identify, understand, analyze and evaluate the strategies of their own units/divisions and other businesses in light of current and potential "game changers"
  • Describe, apply, draw, and defend conclusions from strategic analysis tools

Course Content:

  • Review of the history of Strategic Thinking
  • Assessment of the petroleum industry from a strategic perspective as a supplier of energy
  • Understanding of how the industry responded strategically to historical events and what are the "game changers" that are now framing its future
  • STEEPLE framework
  • Michael Porter's Value Chain analysis
  • Competitive Advantage: defined theoretically and quantitatively
  • Cafe' Process
  • SWOT (strengths, weaknesses, opportunities, threats) analysis
  • Scenario analysis and planning
  • Six Sigma
  • Boston Consulting Group (BCG) Growth Share matrix
  • Personal application of Strategic Thinking
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