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Executive Diploma in Strategic Management

Executive Diploma in Strategic Management by MTF Institute
via Udemy

4052 Courses


1 hour 45 minutes

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Overview

Executive Diploma in Strategic Management by MTF Institute What you'll learn:

Introduction to business strategy and its essence, elementsTypes of strategies, tactics of business developmentSWOT analysisBalanced scorecardValue chain strategic analysis, the BCG growth-share matrix, economy of scale and scopePorter’s five forces, PEST analysisThe blue ocean strategy Welcome to program:

Executive Diploma in Strategic Management by MTF InstitutePart of lessons equal to course Executive Diploma in Business StrategyCourse provided by MTF Institute of Management, Technology and FinanceMTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas:

Business & Administration, Science & Technology, Banking & Finance. MTF R&D center focused on research activities at areas:

Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.

MTF is the official partner of:

IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.MTF is present in 208 countries and has been chosen by more than 400 000 students.Modern Importance of Strategy DevelopmentIn changing business landscape, the importance of strategic thinking and planning cannot be overstated. Organizations are continually faced with complexities arising from technological advancements, globalization, market disruptions, and evolving consumer preferences.

As a result, the ability to develop and execute effective business strategies has become a critical factor in achieving sustained success.Strategic management provides businesses with the roadmap needed to navigate these challenges, seize opportunities, and remain competitive. It involves analyzing an organization's internal strengths and weaknesses, understanding external market forces, setting clear goals, and devising actionable plans to achieve them.

The modern importance of strategy development lies in its role as a proactive approach to business growth and sustainability. It helps organizations align their resources, capabilities, and goals, enabling them to make informed decisions and adapt to changing circumstances.Program Overview:

Introduction to Business Strategy and Its Essence:

This module delves into the fundamental concepts of business strategy, elucidating its role in guiding an organization's direction.

Participants will gain an understanding of how business strategy shapes an organization's vision, mission, and core values.Elements of Business Strategy:

This section explores the essential elements of a robust business strategy, including defining a unique value proposition, identifying target markets, setting strategic objectives, and aligning resources for effective execution.Types of Strategies:

Participants will learn about various strategic approaches, such as differentiation, cost leadership, and niche strategies. Case studies will illustrate how organizations have successfully applied these strategies to gain a competitive edge.Tactics of Business Development:

This module focuses on the practical aspects of implementing business strategies.

It covers topics such as market entry strategies, product development, branding, and strategic alliances.Frameworks of Strategy Analysis:

SWOT Analysis:

Understanding an organization's strengths, weaknesses, opportunities, and threats to inform strategic decision-making.Balanced Scorecard:

Aligning strategic goals with performance metrics to measure and monitor progress.Value Chain Strategic Analysis:

Identifying value-adding activities within an organization's operations and supply chain.The BCG Growth-Share Matrix:

Evaluating a company's portfolio of products to allocate resources effectively.Economy of Scale and Scope:

Exploring cost advantages derived from producing at scale or diversifying operations.Porter’s Five Forces:

Analyzing industry competitiveness and assessing potential threats and opportunities.PEST Analysis:

Examining political, economic, social, and technological factors that impact an organization's strategy.The Blue Ocean Strategy:

Introducing the concept of creating new market spaces with uncontested competition.Importance for Companies and Employees:

Enhancing Organizational Performance:

Effective business strategies align departments, resources, and activities towards achieving common goals, resulting in improved overall performance.Achieving Competitive Advantage:

Crafting unique strategies allows organizations to differentiate themselves, creating a competitive advantage that attracts customers and sustains growth.Navigating Market Uncertainties:

Strategic planning equips companies to anticipate and adapt to market changes, reducing the impact of uncertainties.Fostering Innovation and Adaptation:

A strategic mindset encourages innovation and promotes adaptability to changing trends and customer preferences.Empowering Decision-Making:

Employees equipped with strategic insights make informed decisions that contribute to the organization's success.Building Strategic Leadership:

Understanding strategy is vital for leaders to guide their teams, aligning them with the company's vision and goals.Impact on Career and Effective Management:

Career Advancement and Opportunities:

Proficiency in business strategy opens doors to leadership roles, consulting, entrepreneurship, and executive-level positions.Mastery of Strategic Thinking:

Strategic training develops analytical skills, enabling professionals to think critically and holistically about business challenges.Effective Decision-Making Abilities:

Strategic thinkers excel in making informed decisions that consider long-term impacts and align with organizational goals.Leading and Influencing Others:

Strategic leaders inspire and guide teams, fostering a culture of collaboration and innovation.Crisis Management and Problem Solving:

Strategic training equips managers with tools to navigate crises, make swift decisions, and find effective solutions.Ethical Considerations in Strategic Management:

Understanding the ethical dimensions of strategy ensures decisions are aligned with values and stakeholder interests.In conclusion the course offers participants a comprehensive understanding of the pivotal role strategy plays in organizational success. From foundational concepts to advanced frameworks, the program equips individuals with the knowledge and skills needed to create, implement, and lead effective business strategies.

As organizations continue to face dynamic challenges, professionals armed with strategic expertise are poised to drive innovation, growth, and lasting success.

Syllabus

  • **Introduction to Strategic Management**
  • Overview of Strategic Management
    Importance and Benefits for Executives
    Key Concepts and Terminology
  • **Strategic Analysis**
  • Internal Analysis: Resources, Capabilities, and Competencies
    External Analysis: Industry Structure and Competition
    SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats
  • **Strategy Formulation**
  • Vision, Mission, and Goals
    Business-Level Strategy Formulation
    Corporate-Level Strategy: Diversification and Mergers
    Global Strategy and Internationalization
  • **Strategy Implementation**
  • Organizational Structure and Culture
    Leadership and Change Management
    Resource Allocation and Strategic Control
  • **Strategic Leadership**
  • The Role of Leadership in Strategic Management
    Developing Strategic Vision and Influence
    Ethical Decision-Making and Corporate Governance
  • **Innovation and Strategic Management**
  • Fostering Innovation in Organizations
    Strategic Management of Technology and Innovation
    Disruptive Innovations and Strategic Responses
  • **Performance Measurement and Strategic Evaluation**
  • Balanced Scorecard and Performance Metrics
    Evaluating Strategic Performance and Feedback Loops
    Continuous Improvement in Strategic Management
  • **Contemporary Issues in Strategic Management**
  • Digital Transformation and Its Impact on Strategy
    Sustainable Development and Corporate Social Responsibility
    Strategic Management in Uncertain and Complex Environments
  • **Capstone Project**
  • Integration of Strategic Management Concepts
    Real-World Case Studies and Application
    Development of a Strategic Plan for an Organization
  • **Conclusion and Path Forward**
  • Recap of Key Learnings
    Strategic Management as a Lifelong Learning Process
    Resources and Networks for Continued Executive Development

Taught by

MTF Institute of Management, Technology and Finance


Subjects

Business