Strategic Management: Concepts & Tools FLEXCAST

Overview

This course is a vital tool for professionals aiming to excel in the development and execution of effective business strategies. It offers a deep dive into the phases of strategic management, including planning, formulation, and evaluation. The course emphasizes the need for adaptability to changes in both internal and external business environments. By exploring generic business strategies and analytical techniques, participants will develop a thorough understanding of strategic management concepts. This course benefits professionals by enhancing their strategic thinking, decision-making abilities, and understanding of corporate social responsibility, industry life cycles, and competitive analysis. It is an indispensable resource for those aiming to guide their organizations towards sustained success in a competitive market.

Highlights

Strategic management: an overview. Environment analysis. Industry and competitor analysis. Internal appraisal. Strategical formulation. Strategic choices. Strategic implementation issues. Strategic evaluation and control. Crafting global strategy.

Prerequisites

None.

Designed For

CPAs, CFOs, controllers, leaders, and managers.

Objectives

Define strategic management. Discuss the three phases of the strategic management process. Outline the strategic planning process. Define guiding philosophy, purpose, mission, objectives, and strategies. Explain the reason for organizational policies. Differentiate between long- and short-range objectives. Discuss corporate, business, and functional strategies. Compare and contrast social responsibility. Explain what a strategic business unit is, and more.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.