Strategic Thinking: A Tool-Based Approach - STT - In House Training

Training overview
Corporate / Group Training
3 days
Start dates
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Course description

This course is a hands-on case-based course focused on enhancing strategic thinking capabilities of decision makers in the oil and gas industry including those responsible for building and sustaining successful strategic plans. Participants are presented with several strategic tools for analyzing different aspects of the petroleum business from both a macro and micro perspective. There is a major emphasis on understanding how the petroleum industry has developed over the last 150 years including both successful and unsuccessful strategies that were used. This provides a basis for evaluating game changers that are now transforming the industry and positioning our businesses to maximize shareholder value. Case studies 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.

Who should attend?

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

Training 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
  • SWOT (strengths, weaknesses, opportunities, threats) analysis
  • Strategic thinking as a craft
  • Scenario analysis and planning
  • Six sigma
  • Boston Consulting Group (BCG) growth share matrix
  • Personal application of strategic thinking

About PetroSkills


PetroSkills - World's No. 1 Training Provider for the Oil & Gas Industry

PetroSkills is the leading professional education provider for the Petroleum Industry, with the largest classroom training portfolio for technical and management operations in this sector. In North America, PetroSkills' programs are delivered at important business hubs for the industry, around...

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