
Learn hands-on practical guidance for strategy development and strategic management to craft strategies for your product, department, or business, and decide which strategy concept fits your case.
Identify four situations when you should develop a strategy: initiation, repositioning, value creation fixes, and change projects, and learn how classic and entrepreneurial strategies apply.
Explore classic goal-driven strategy, resource-first effectuation, and problem-focused design thinking, and learn how analysis, option development, and implementation fit across these modern approaches.
Explore how classic mission-driven vision fits modern strategy through resource- and problem-focused approaches; startups test ideas, launch missions, then evolve to ambitious visions to guide growth.
Set the vision and mission, then use strategic analysis to define sub goals for the company and departments. Align interlocking gearwheels of strategy toward the overarching objective, guiding strategy development.
Engage in internal and external strategic analysis, with ongoing market insight on competitors and trends to inform strategic goals and decisions.
Define the video on demand market and size the global and German markets. Analyze growth and competitor shares, including Netflix and Amazon Prime, to assess market attractiveness.
Learn practical market size estimation using two formulas: start with market by country and age group, percentage interested and average basket; or start with households, usage frequency, and price point.
Master swot analysis to derive external opportunities and threats and generate strategic options. Apply external factors, including political, economic, social, technical, ecological, and legal, to product or startup strategy.
Analyze your business's internal value chain using the business model canvas and lean canvas, connect activities to profit through cost structure, revenue, and SWOT.
Derive a business case from the business model canvas by translating revenue streams and cost structure into an Excel model, forecasting subscribers, pricing packages, and EBITDA through market analysis.
Begin with goal setting, vision, and mission; perform internal and external analysis; then derive strategic options with swot analysis and align them into strategic goals for implementation.
Develop defeat strategies by offering price promotions to defeat cheaper competitors amid inflation, and boost advertising campaigns and social media marketing to reach new, younger customers and counter slow acquisition.
Derive high level strategic goals from chosen options by aligning insights with vision and mission, then plan a with contingencies to expand into digital markets and strengthen brand and loyalty.
Discover how to select strategic options and make decisions by balancing top-down, bottom-up, and down-up approaches, aligning operational goals with the company’s vision and mission.
Explore how Google uses objectives and key results to align with the strategic vision, balancing 60% bottom-up goals and 40% top-down directives, and tailor strategy by company size.
Explore a hands-on decision matrix to compare strategic options by potential impact and implementation effort, assess risk and resources, prioritize easy high-potential moves, and plan contingencies.
Implement OKRs to align individual objectives with company goals, using specific, measurable, achievable, relevant, and time-bound targets, reviewed quarterly in an agile cycle.
Explore traditional versus modern strategy methods, from goal setting and analysis to strategic options and tasks, and see how annual objectives, the hoshin cycle, and OKR translate into projects.
Analyze markets using Pestel to examine political, economic, social, technological, ecological, and legal factors. Assess how these factors influence your company and shape external market strategies.
Apply blue ocean strategy by eliminating, reducing, raising, and creating factors to shape strategic options. Label competitive factors to uncover a blue ocean where you stand apart from rivals.
Analyze Netflix’s core competencies by mapping resources, skills, and strategic importance to define market position, licensing, and competitive advantages for product and project strategy.
Use strengths and weaknesses analysis as a strategic tool, employing a spider-net diagram to compare your company with competitors and identify key differentiators.
Analyze value chain activities and supporting costs to understand cost structure and profit margin, linking primary activities to inbound logistics, operations, marketing, sales, and customer support within business model canvas.
Need to develop a strategy for your product, project or businness? Want to learn how to do it in the most efficient way?
Then this is the right course for you: Get your hands dirty and develop strategies by working in parallel to this course. The course assignments will guide you so that you will have a strategy for your business, product, team etc at the end of the course.
This Course is Perfect for you if you:
Want to refresh your competence in both classical and modern strategic concepts.
Want to learn how to develop strategies for your product, company, department, or team in practice.
Are preparing for professions, positions, or new challenges with strategic responsibilities.
Course Target Audience:
Career changers or newcomers to roles with a strategic focus.
Those interested in strategic management.
Team and department leaders, management consultants, project and product managers, product owners, entrepreneurs, and founders looking to refresh their competence in strategy development.
Course Topics (Practical Roadmap):
Development of a strategic vision, mission, and values.
Conducting strategic analyses.
Deriving strategic options.
Decision strategies for implementation.
Variations of the roadmap in practice depending on predictability and starting points.
Comparison of classical vs. agile strategy methods.
35 Methods Covered in the Course (Expanding Your Methodological Competence):
Vision, Mission, Market Definition, Market Size Estimation, Competitive Analysis, SWOT Analysis, CAGR Calculation, Business Model Canvas, Lean Canvas, Business Model & Business Case Derivation, Strategic Options Creation, Cost-Benefit Analysis (Potential / Implementation), Design Thinking, Lean Startup, Objectives & Key Results (OKR), Porters 5 Forces, PESTEL, Blue Ocean, Core Competencies, Relative Strength/Weakness Analysis, Value Chain & Cost Structure Analysis, ABC Analysis, ANSOFF Matrix, Porters Competitive Stragies, Marketing Mix (4P), BCG Matrix, Acquisition Strategy, Play to Win, Future Scenarios, Eisenhower Matrix, Effectuation, Make or Buy Matrix, Roadmap, Balance Scorecard
What Does the Course Include?
>4hrs of video content, mixed between theory and examples
>60 minutes of practice assignments you can use to reflect and develop your own strategy
What Can You Do After the Course?
You will be confident with the most important terms and tools of business strategy development.
You will be able to develop business strategies for your company, department, or team.
You will improve your strategic thinking skills.
Included in the Course:
A course handout to facilitate learning and as a reference guide for your daily work.
Course assignments that help you to create your own strategies.
Available Certificates upon Course Completition
To showcase your newly acquired knowledge upon completing the course, you have three options:
You can download the Udemy certificate of completition for free (no learning success verification).
You also have the option to request a more detailed Confirmation of Participation from Responsive Strategy for a small processing fee (no learning success verification).
If you require proof of achievement, you can opt in to add a 1:1 session with Julia Lettinger at the end of the course for an additional fee. Upon successful completion of the live session, we will issue you a Certificate of Achievement from Responsive Strategy as a confirmation of your learning success.
Why Should You Buy the Course from Me?
I am Julia Lettinger, the founder of Responsive Strategy, a strategy and digital transformation consultancy in Berlin. Since 2017, along with my colleagues, I have been assisting companies in the strategy development process, especially in the agile and digital transformation space. I have also served as the head of strategy and product strategy in two media companies.
Furthermore, since 2019, I have been teaching Strategic Management at the Berlin School of Economics and Law as part of a teaching assignment and have been a lecturer on Udemy since 2018, with around 30,000 participants so far.
So, go ahead and get the course! I look forward to welcoming you in my videos.
Warm regards,
Julia
PS: If you are not satisfied, you can request a refund within 30 days. No questions asked!