World's Leading Petroleum Training Alliance
Strategic Thinking: A Tool-Based Approach - STT


Discipline:   Petroleum Business
Level: Specialized
Instructors: Mr. David B. Harden

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Description

DESIGNED FOR

Geoscientists, Engineers, Managers, and Executives responsible for defining, assessing and developing business alternatives

 

YOU 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

  • Describe, apply, draw, and defend conclusions from strategic analysis tools

 

ABOUT THE COURSE

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.  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.

 

COURSE CONTENT

  • SWOT (strengths, weaknesses, opportunities, threats) analysis

  • Scenario analysis and planning

  • Rigorous strategic planning methodologies

  • Boston Consulting Group (BCG) Growth Share matrix

  • BCG Experience Curve

  • Bowman's Strategy Clock

  • Michael Porter's Value Chain

  • Game Theory

  • Innovation Acceleration

  • Six-Hat Thinking

  • Strategic vs. Operational Decisions

  • Cognition maps

  • Frames of Reference

  • Learning organization

  • Double-Loop Learning

  • Intellectual Capital Management

  • Chaos Theory

  • Six Sigma

  • Customer and Stakeholder analysis

  • Conflict Resolution

  • Organizational Network Analysis

  • Corporate Culture

  • Organizational Systems

  • Contingency theory

  • Market diversity and niche

  • Kotter's Eight Stages of Change