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Last updated:
April 7, 2022
Duration:
Unlimited Duration
FREE
This course includes:
Unlimited Duration
Badge on Completion
Certificate of completion
Unlimited Duration
Description
Strategic management and planning are no longer the preserve of senior executives.
This course, Strategic view of performance, looks at three different approaches to strategy before analysing the direction that strategic management may take now that it has become an accumulation of small tactical decisions rather than a top-down process. If you are interested in how a business 'ticks', this course could provide some of the answers.
Course learning outcomes
After studying this course, you should be able to:
- Explain the difference between a ‘markets approach’ and a ‘resource-based approach’ to strategy, and how they complement each other
- Explain what is meant by ‘the value chain’, and how it applies to an organisation
- Explain what is meant by ‘emergent strategy’ and why intended and actual strategy may differ
- Contribute more effectively to developing and implementing strategy in the organisation.
Course Curriculum
- Introduction 00:10:00
- Learning outcomes 00:05:00
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- Activity 1 00:07:00
- Organisational purposes 00:15:00
- Stakeholders 00:07:00
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- The ‘near environment’ 00:05:00
- Porter’s five forces framework 00:15:00
- Applying the five forces model 00:05:00
- Understanding Forces of Competition In Private Sector organisations. 00:05:00
- Understanding Forces of Competition Outside Private Sector organisations. 00:15:00
- Strategy as fit between organisation and environment 00:15:00
- Understanding organisational capabilities 00:20:00
- Building capabilities and relationships 00:20:00
- Understanding the value chain 00:30:00
About the instructor
4.8
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Students
Open University UK
