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Improving CFYF > Seminars > Strategic Thinking

Competitive Strategic Thinking

Introduction
This seminar is for senior executives with responsibility for ensuring that their thinking and business decisions are both strategically sound and competitively focused (CEOs, chairmen, managing directors, senior functional directors).

Program outline
Strategy and the competition
  • establishing a common framework for understanding the essence of strategy and the role of the competition
  • evolution of business strategy
  • what are today's strategic priorities?
  • learning lessons from today's competitive global marketplace, the influence of mergers/alliances/diversifications
  • moving from a purely management orientated perspective to a competitively charged strategic focus
  • the main characteristics of effective strategies

    Competitive fitness
  • market illusions and market effectiveness
  • market effectiveness as a key driver of shareholder value
  • assessing market effectiveness capabilities
  • the MECA report on global firms

    The strategic perspective
  • learning from masters of strategy outside of business: in the armed forces, games, sports and diplomacy
  • contrasting the analytical and the strategic thinking approaches
  • developing competitive spirit inside your organization
  • how a marketing capability operating in a competitive culture (battlefield mentality) is essential for an overall strategic culture

    Strategic structures
  • characteristics of a strategic situation: how to know when it is strategic and when it is not
  • physical, psychological and time pressures in strategic situations
  • understanding the arena, the contestants, the non-contesting parties and other relevant forces

    Strategic deployment
  • identifying effective strategic moves
  • examination of the dynamics of strategic situations
  • looking for strategic gaps
  • pinpointing sources of competitive advantage
  • guiding the possible allocation of resources
  • typical strategic moves

    Strategic principles
  • utilizing selected guiding principles for strategic effectiveness
  • the relative value of strategic principles
  • a classification of strategic principles

    The strategic mind in business
  • applying strategic structures, strategic deployment and strategic principles inside the company
  • identifying the key personal qualities and skills of the ideal effective business strategist
  • nurturing and developing the strategic mind

    Program Benefits

    This program will help you:
  • sharpen your strategic decision-making skills to develop strategic reflexes in competitive situations
  • understand and recognize the differences between a situation that is essentially operational and one that has clear strategic implications
  • ensure the real incorporation of the competitive dimension in the formulation of strategy
  • acquire strategic principles for guiding the effective deployment of resources
  • realize the role that senior executives must play in the development and nurturing of a competitive and strategic culture inside the organization
  • nurture your own personal strategy and strategic abilities.

    Faculty

    As a leading businessman, scholar and writer, Jean-Claude Larréché brings a fresh and insightful view to the much-documented subject of strategy through his pioneering approach of looking at the need to improve our personal and business capabilities.

    He is the Alfred H. Heineken Professor of Marketing at Insead, where he is recognized for his outstanding contributions to the field of strategic marketing. He is the Founder and President of StratX, a company specializing in strategic management development and educational technology, as well as being an advisor to major international companies.

    The author of internationally renowned simulations, he has also written numerous articles and several books on strategic marketing. His highly successful video is called "Winning Together with Services". He currently leads the CFGF Research initiative at Insead and produces the yearly "Report on the Competitive Fitness of Global Firms" published by Pearson Education in February.

    He has received the "Marketing Educator of the Year" award from Club 55, the European Community of Marketing and Sales Experts, as well as the "Professor of the Year" award by the Insead Alumni.

    Professor Jean-Claude Larréché has developed two case studies, Virgin Atlantic Airways and First Direct, which both have received the EFMD (European Foundation for Management Development) Award for Best Relationship Marketing case, and the ECCH (European Case Clearing House) Award for the Overall Best Case.

    If you are interested in discussing the possibilities of attending this seminar, please Contact Us.



     
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