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Introduction to Strategic Management
Rating: 4.5 out of 5(74 ratings)
382 students

Introduction to Strategic Management

Optimize performance across every level with a thoughtful approach to strategic management that always delivers.
Last updated 4/2019
English

What you'll learn

  • Explain What is Strategic Management
  • Explain What is a Strategy
  • Describe the Strategy Statement and its Components
  • Explain the Steps of Strategic Management Process
  • Describe the Components of Strategic Management Process
  • Differentiate between Strategy Formulation and Strategy Implementation
  • Differentiate between Strategic, Administrative and Operational Decisions
  • Describe the Qualities of a Strategic Leader
  • Explain What is a Business Policy
  • Describe the Structure of BCG Matrix
  • Describe the Factors of SWOT Analysis
  • Explain Porter’s Five Forces Model of Competition
  • Explain What is Corporate Governance
  • Explain What is Business Ethics
  • Describe the Core Competency Theory of Strategy

Course content

1 section16 lectures1h 34m total length
  • Introduction2:52
  • Explain What is Strategic Management3:53
  • Explain What is a Strategy3:32
  • Describe the Strategy Statement and its Components12:11
  • Explain the Steps of Strategic Management Process1:54
  • Describe the Components of Strategic Management Process13:33
  • Differentiate between Strategy Formulation and Strategy Implementation8:04
  • Differentiate between Strategic, Administrative and Operational Decisions0:58
  • Describe the Qualities of a Strategic Leader3:57
  • Explain What is a Business Policy3:32
  • Describe the Structure of BCG Matrix5:48
  • Describe the Factors of SWOT Analysis8:52
  • Explain Porter’s Five Forces Model of Competition6:34
  • Explain What is Corporate Governance2:36
  • Explain What is Business Ethics5:50
  • Describe the Core Competency Theory of Strategy10:22

Requirements

  • No prior knowledge is required

Description

A manager who is overly focused on daily administration or everyday operational decisions will never achieve their full potential. Being able to see beyond these two types of management and focus on strategic decisions is essential when you want to achieve your career goals. Imagine being able to:

- Quickly and effectively communicate your vision to a diverse and varied team of people

- Master the art of seeing the big picture while never forgetting the granular details

- Create a culture in which everyone buys into the core goals and aims of the team

- Enhance your reputation as someone who understands how to get things done


How does this course help?

You will learn how to keep your eye on the strategic elements of management so that you are always able to:

- Keep the team orientated towards their primary goal without losing focus

- Understand how far ahead to look while still delivering daily progress

- Make sure you communicate the purpose of your actions to everyone


Why is this course right for you?

Strategic management is an essential yet often overlooked skill in the modern workplace. If you fall into any of the following categories it will make a real difference to your career:

- Managers and supervisors pushing for promotion

- Senior personnel who want a focused refresher

- Leaders who want to help educate other managers

Once you experience the difference you will never look back. Is it worth taking a risk on your career by ignoring this key skill today?

Who this course is for:

  • Managers
  • Supervisors
  • Management personnel
  • Leaders