Strategic Planning Process

Strategic Management: Concepts and Tools: Part 1

Course Overview:
The course series Strategic Management: Concepts and Tools introduces, explains, and analyzes the activities needed to develop, select, implement, and evaluate a firm's competitive strategy. This program focuses on both the content of a firm’s strategy and the process by which this strategy is developed and executed. Part 1 of this series, along with Part 2, is designed to illustrate development, formulation, implementation, and evaluation of business strategy. Emphasis is placed on the need for awareness of, and accommodation to, changes in an organization's internal and external environments. Generic types of business strategies and techniques for analyzing strategies are also covered.

Please note that this course is a prerequisite for Part 2.



Learning Objectives:

After completing this course, the course participant should be able to:
  • Define strategy and recognize the characteristics of a powerful corporate strategy.
  • Identify the elements of an organization’s guiding philosophy, mission, and strategic vision.
  • Recognize the elements of a company’s macro environment.
  • Identify different analysis techniques used to evaluate a company’s competitive environment.
  • Recognize barriers to entry and competitive forces within an industry.
  • Recognize the concept of the industry life cycle and the stages within an industry life cycle.
  • Identify the elements of the VRINE framework for identifying competitive advantage.
  • Identify the usefulness of a SWOT analysis.
  • Define cost driver analysis.
  • Recognize value chain activities and key core competencies.


  • Prerequisites/Advanced Preparation:

    None

    Speaker / Author:

    Steve Spafford is a CPA with DeltaCPE LLC, a national CPE provider.

    Price (USD)

    Standard: $124.75

    Details

    Course Code : 99DEL09

    Length : 4hr 10min
    Course Level : Overview
    Course Type : New Standards
    Passing Grade : 70%
    Format Type : eLearning
    Mobile Compatible
    Field Of Study : Business Management and Organization

    Theme : Strategic Planning Process

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