Factors such as globalisation, changing consumer behaviour, political and legislative changes and many more account for an increase in the complexity of business and life in general. An increase in complexity has a direct impact on decision-making in as far as there are more variables to be considered and more uncertainty to be dealt with. The foundation for the success of a business is set by an executive who takes the right decisions – especially the right strategic decisions. Strategic decision making is highly complex because of the interconnectedness of strategic action and the multiple effects it can have on the road lying ahead for the company.
In strategic decision-making there is a danger to fall prey to bounded rationality, group think, wishful thinking, unproductive cognitive thinking and behaviour patterns, emotional decision-making related to power plays as well as the danger to succumb to imperfect market and situational knowledge, asymmetric information and deceitful tactics on the part of other market players.
IES Coaching’s approach to strategy coaching is based on a systemic framework; during coaching sessions we seek to raise awareness and incorporate all possible variables that potentially have an impact on strategic decision making to ensure you, as an executive, make the best possible decision in a given situation.
IES Coaching has developed a specific range of strategy coaching services, to help executives make optimum decisions regarding their strategic planning:
Mergers & Acquisitions Coaching Business Development Coaching Positioning Strategy Coaching Market Expansion Coaching Product Development Coaching
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