What you'll learn
Understanding business strategy
Analyzing the market and industry
Crafting a competitive advantage
Developing a strategic plan
Implementing and monitoring the plan
Communicating the strategy
Requirements
The course is suitable for people with business education and for people without business education from all nationalities that can understand English.
Description
Businesses often operate in a complex environment and navigating through the many challenges is essential to ensure survival in a competitive environment. Whether you are a business analyst, business enthusiast or are simply trying to understand business related things better, then this course is for you.The objective of a course on business strategy framework is to provide students with a comprehensive understanding of the key concepts, frameworks, and tools used to develop and implement effective business strategies. The course is designed to help students gain the skills and knowledge necessary to identify, analyse, and evaluate various business strategies and to develop their own strategic plans for organizations.Students will also learn about tools such as the Ansoff Matrix, the Boston Matrix, and the GE McKinsey Matrix, Porter's Five Forces Model, PESTEL Analysis and SWOT. All of these frameworks will help you with.Determine which products warrant the biggest investments of resources and timeDetermine the optimal courses of action in the short and long termAttract groups of customers that you wouldn't attract using traditional strategies in your industrySatisfy customer needs more effectively than your competitionDevelop competitive advantages that are hard for competitors to imitateTo evaluate the external and internal environments of your businessStructure your organization so that you can serve your customers' needs faster and more efficientlySo, what are you waiting for?Click the "Take this course" button and let's start this journey together!
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: MODULE ONE: EXTERNAL ANALYSIS
Lecture 2 MODULE ONE: EXTERNAL ANALYSIS
Section 3: MODULE TWO: INTERNAL ANALYSIS
Lecture 3 MODULE TWO: INTERNAL ANALYSIS
Section 4: MODULE THREE: STRATEGY FORMULATION
Lecture 4 MODULE THREE: STRATEGY FORMULATION
Section 5: MODULE FOUR: STRATEGY IMPLEMENTATION
Lecture 5 MODULE FOUR: STRATEGY IMPLEMENTATION
Section 6: MODULE FIVE: EVALUATION AND CONTROL
Lecture 6 MODULE FIVE: EVALUATION AND CONTROL
Business professionals who want to enhance their strategic thinking skills and gain a deeper understanding of the strategic planning process.,Entrepreneurs who are starting a new venture or looking to grow their existing business and want to develop a strong strategic plan.,Managers and executives who are responsible for developing and implementing strategic plans within their organizations.,Consultants who work with organizations to develop and implement effective business strategies.,Students who are interested in pursuing a career in business or management and want to gain a solid understanding of the strategic planning process.


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