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.

  • Content Partner:

    SmartPros Ltd.

    SmartPros Ltd. is a leader in online and offline continuing education for
    accounting, finance and engineering professionals. With over 2,000 hours of
    content, SmartPros has been providing mandatory continuing education
    products since 1981. SmartPros provides services and content to its
    professional and corporate clients, in a variety of media including Web, CD
    ROM, and video. In the accounting market, SmartPros also has a predominant
    news and information portal which receives 200,000+ visits per month and
    provides services to over 100,000 subscribers. SmartPros' customers include
    50% of the Fortune 500, as well as the major firms and associations in each
    of its professional markets.

    Prerequisites/Advanced Preparation:


    Speaker / Author:

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

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 9 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Windows or Mac OS


    Price (USD)

    Standard Rate: $124.75


    Course Code : 99DEL09

    Release Date : 12/31/2014
    Expire Date : 12/31/2019
    Credits :
    CPE 5.00
    QAS 5.00

    Course Level : Overview
    Course Type : New Standards
    Length : 4hr 10min
    Passing Grade : 70%
    Field Of Study : Business Management and Organization
    Theme : Strategic Planning Process

    Format Type : eLearning
    Mobile Compatible

    Returning Subscribers

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