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Strategic Thinking with Business Simulation knowing how to experiment with new business ideas & scale up innovation
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30 คน

Strategic Thinking with Business Simulation

"knowing how to experiment with new business ideas & scale up innovation"

Having facilitated workshops for 1000s of leaders & and managers for leading organizations, we can tell you that one of the biggest problems that occur when managers and leaders in high-performance organizations cannot think strategically is a lack of direction and focus

Without a strategic vision, managers and leaders tend to react to immediate challenges and problems instead of taking a proactive approach to address them. This leads to a short-term focus and can result in missed opportunities, poor decision-making, and a lack of alignment with the organization's overall goals and objectives.

Without a strategic vision, managers and leaders tend to react to immediate challenges and problems instead of taking

In addition, a lack of strategic thinking can also result in a lack of innovation and adaptability. Organizations need to be able to adapt to changes in the market and industry, and without a strategic vision, it becomes difficult to identify and capitalize on new opportunities.

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Finally, without strategic thinking, it becomes difficult to develop and nurture a strong organizational culture. A clear strategic vision can help align all employees towards common goals, provide a sense of purpose, and create a shared understanding of what the organization stands for.


We have found that strategic thinking is critical for managers and leaders in high-performance organizations. Without it, organizations risk losing their competitive edge and failing to achieve their long-term goals and objectives

Managers who are able to think strategically are invaluable to any team & any organization. Here are some of the key values t

Managers who are able to think strategically are invaluable to any team & any organization. Here are some of the key values that such managers can bring to the table :

Solution Outcomes
The facilitated workshop helps participants to

 1 

Understand strategies that achieve goals in efficient ways using the resources you have

 2 

Analyze and consider the important information / drivers that lead to creation of good strategies

 3 

Visualize how competitors will have an impact on your strategies and adapt your game

 4 

Experience the challenges of strategic thinking through experiential learning methods

Strategic Thinking with Business Simulation Day 1 

Strategic Thinking with Business Simulation Day 2

Time
Workshop
9.00 - 10:30
Company & Competitor Analysis - SWOT & BMC : Business Model Canvas (BMC) Basics , SWOT analysis on the Business Model Canvas , Seeing out of the box strategies & opportunities
10:45 - 12:00
Tournament : Executing Your Strategy (Board Game Simulation)
13:00 - 14:30
Tournament : Adapting your Strategy (Board Game Simulation)
14:45 - 16:30
Strategic Game Plan : Setting Good Strategic Goals , Analysing Success Factors & Obstacles , Brainstorming strategic action , Prioritising strategic action
Time
Workshop
9.00 - 11:00
Ground Floor Strategic Business Simulation (Tutorial Rounds)
11:00 - 12:00
Simple Strategic Thinking Model : Goals of Business Strategy , Driver’s Model of Everyday Strategy , Strategic Intelligence through data
13:00 - 14:30
Strategic Analysis with PESTEL & Context Map : PESTEL Analysis , Context Mapping , Co-Creating your Business Context
14:45 - 16:30
Tournament: Planning your Strategy (Board Game Simulation)

The key learning method in this workshop is the Business Simulation and there are many benefits of using a business simulation to learn new innovation skills:

  1. Real-world application: Business simulations provide a safe and controlled environment for learners to apply theoretical concepts and practice real-world decision-making. This helps learners to bridge the gap between theory and practice and gain practical experience in a low-risk environment.

  2. Immediate feedback: Business simulations provide learners with immediate feedback on their decisions and actions. This feedback can help learners to understand the consequences of their decisions and improve their decision-making skills.

  3. Collaboration and teamwork: Business simulations often require learners to work in teams, which can help to develop teamwork, collaboration, and communication skills. This is especially important in today's workplace, where effective teamwork is critical for success.

  4. Experiential learning: Business simulations provide learners with an experiential learning experience, where they can learn by doing and reflecting on their experiences. This type of learning is often more effective than traditional classroom learning, as it is more engaging and memorable.

  5. Customization: Business simulations can be customized to meet the specific learning objectives and needs of learners. This allows learners to focus on the skills and knowledge that are most relevant to their roles and responsibilities.

  6. Cost-effective: Business simulations can be a cost-effective way to train large groups of learners, as they can be delivered online and at scale. This can help organizations save on training costs and reduce the time and resources required for in-person training.

Real-world application: Business simulations provide a safe and controlled environment for learners to apply theoretical conc
mmediate feedback: Business simulations provide learners with immediate feedback on their decisions and actions.
Collaboration and teamwork: Business simulations often require learners to work in teams, which can help to develop teamwork,
From our experience using the business simulations to deeply learn strategic thinking can provide learners with a realistic a

From our experience using the business simulations to deeply learn strategic thinking can provide learners with a realistic and engaging learning experience that allows them to apply theoretical concepts in a practical and relevant way. It can also help to develop important teamwork, communication, and strategic decision-making skills that are critical for success in today's workplace

Facilitators

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Senior Facilitator 

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Banphot Boontum

Trainer and Learning Solution Designer

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