• Post category:StudyBullet-13
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Become a Strategy Thinking Partner (specialized Business / Executive Coach) or a Business Strategist

What you will learn

Develop a diverse set of tools and frameworks used for a strategy creation

Refine your understanding how to compete on the market

Understand how different factors influence a strategy

Understand different approaches in a strategy creation

Structure your own coaching or consulting sessions

Description

Let’s demystify Strategy and Management coaching!

This is a comprehensive approach to understand Strategy Context, its Content and the Process of its creation. Simply, we believe the Business or Management Coaching requires a Content since requires expertize and first-hand experience relevant for managing organizations, and sometimes, includes giving advice – simply, it requires a coach who understands a business language, perspectives of an Executive or Entrepreneur, organizational processes, systems and similar. Only by building on that kind of strong foundations, a Business coach or a Strategist might gradually develop his own style and fine tune the skills and techniques needed for a long term success.

That is why we have structured this course around three Sections:

– How do you compete (on the market)?

– What does your strategy creation process look like? and

– How you are going to coach them (meaning your tribe)?

In the Section where we discuss how you compete, we are going to set the stage for strategy conversations. We are combining theory and business philosophy packed around many useful tools and frameworks that consultants use in their daily practice – and this should help a coach (or a consultant) to structure his sessions and ask relevant questions for the Strategy related Context and Content. For example, we are going to explore generic strategies, applying different business models, how Design Thinking philosophy can help us with innovations, what does Blitzscaling means and should you experiment with it and when, and similar.

In the next Section where we discuss different approaches to strategy creation – we are focusing on habits of a strategist regarding how he is approaching his strategy creation process – the Coach’s role is to challenge that and broaden the perspectives or possibilities. Here, we are going to present 10 different approaches like Classic, Strategic planning, Positioning, Entrepreneurial, Learning, like a Pirate, and similar. The point is to explore and distinguish different possibilities for the strategy creator.


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In the last Section, we are going to help you better understand how to apply coaching skills into the Strategy related topics. We are going to present here:

– Some basic rules of a coaching, including the logic behind great coaching questions;

– Explain how to apply the most common coaching frameworks (GROW, STEPPA, OSKAR, etc.);

– Give you hints how to cope with the most demanding coaching issues; and

– Give you an example of a well-structured coaching questions applied in a “Strategy Stress-Test”, developed by a Harvard Business School Professor;

But remember, all those coaching rules, frameworks and hints will be used to structure your entire coaching conversations (sessions or meetings), while all the tools and frameworks related to strategy topics (like business model canvas, generic strategies, BCG matrix, etc.) will be used for some specific sub-topics within that dialog, meaning areas you would like to explore in more details, and then jump-back to the main coaching story.

On top of all of that, if you would like to explore strategy topics in more detail, you will be able to find a lot of additional tools and frameworks for different factors influencing strategy like: company life-cycle, market analysis, resources and capabilities, corporate culture, leadership style and similar. Although all these topics are very important for a strategist, we decided to leave it within an Appendix section in order not to ruin the flow of the Course for those of you with a bit of advanced knowledge about core strategy topics.

Yet, all others will be able to find there great materials as well, at least as a sort of remainders.

English
language

Content

Introduction

Introduction
Why Strategy as a coaching topic
Why messing Coaching with Strategy
Course structure
Who can use the course
Course Instructor
1. Understanding factors influencing strategy

1.1. Company life-cycle and its size

1.1. Introduction: Company life-cycle and its size
1.1.1. Understanding life-cycle stages
1.1.2. Foundational elements of each company
1.1.3. How the foundational elements correspond to different stages of lifecycle
1.1.4. Strategy layers

1.2. Industry analysis

1.2. Introduction: Industry analysis
1.2.1. PESTEL analysis
1.2.2. Industry analysis – 5 forces concept
1.2.3. Industry analysis – industry life-cycle
1.2.4. Competitors and market sophistication
1.2.5. Industry uncertainty

1.3. Available resources and capabilities

1.3. Introduction: Available resources and capabilities
1.3.1. Defining resources and VRIO analysis
1.3.2. An example of vertically integrated oil company
1.3.3. Domain, Value chain and competitive advantage
1.3.4. Dynamic aspects of managing resources
1.3.5. Strategies for controlling critical resources

1.4. Technology, business model and innovation

1.4. Introduction: Technology, business model and innovation
1.4.1. Entrepreneur’s idea
1.4.2. Competitive strategies
1.4.3. Strategy direction
1.4.4. Development drivers
1.4.5. Competing with innovative business models
1.4.6. Business Model example – “Creators economy”
1.4.7. Example – business model and technology in gambling industry

1.5. Structure and Systems

1.5. Introduction: Structure and Systems
1.5.1. Structure typologies
1.5.2. Parameters of organizational structure
1.5.3. From Rigid to Agile organization
1.5.4. Strategy and Structure fit
1.5.5. Systems as organizational tools

1.6. Organizational culture (Shared values)

1.6. Introduction: Organizational culture (Shared values)
1.6.1. What is a culture and how it works?
1.6.2. Culture web as an analytical tool
1.6.3. Culture typology: static approach
1.6.4. Culture typology: dynamic approach
1.6.5. Strategy and Culture fit

1.7. Stakeholders and purpose

1.7.1. Stakeholders overview
1.7.2. Stakeholders’ power structure
1.7.3. Stakeholders and purpose

1.8. Financial implications on Strategy

1.8. Introduction: Financial implications on Strategy
1.8.1. Sales
1.8.2. Break-even concept
1.8.3. Net-back concept
1.8.4. Capital Employed
1.8.5. Selected KPIs
1.8.6. Value-driven manager concept
1.8.7. Financial modeling and scenario analysis

1.9. Risk appetite and resilience

1.9. Introduction: Risk appetite and resilience
1.9.1. Risk emergence
1.9.2. Risk register and mitigation measures
1.9.3. Building resilience

1.10. Leadership style

1.10. Introduction: Leadership style
1.10.1. Nature of managerial work
1.10.2. Applied leadership style
1.10.3. Leader’s role at strategy process
1.10.4. Change management and politics
1.10.5. Holding company playing a leadership role

2. Approaches to strategy formation and its implementation

2. Introduction: Approaches to strategy formation and its implementation
2.1. Classic approach
2.2. Planning approach
2.3. Positioning approach
2.4. Entrepreneurial approach
2.5. Coaching approach
2.6. Learning approach
2.7. Pirate approach
2.8. Culture-based approach
2.9. Reactive approach
2.10. Configuration approach

3. Coaching conversations: frameworks and hints

3.0. Coaching conversations: frameworks and hints
3.1. Basic rules of Coaching
3.2.1. Blending “Wheel of Life” with “7S” Model
3.2.2. GROW Model
3.2.3. PRACTICE Model
3.2.4. OSKAR model
3.2.5. STEPPA model
3.3.1. Hints for dealing with “Defining Problems”
3.3.2. Hints for dealing with “Setting Goals”
3.3.3. Hints for “Developing Options / Solutions”
3.3.4. Hints for dealing with “Action Steps”
3.4. Example of a Strategy “Stress-Test” coaching questions

Conclusion

Conclusion