Strategic Planning Process

Strategic Management: Concepts and Tools: Part 2

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 2 of this series, along with Part 1, 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 Part 1 of the series is a prerequisite for this course.

Learning Objectives:

After completing this course, the course participant should be able to:
  • Distinguish between different corporate, business, and functional strategies.
  • Recognize the value of strategic alliances in maintaining a competitive position.
  • Recognize strategic elements described in the BCG's growth-share matrix, including cash cows, dogs, question marks, and stars as they are used in the growth-share matrix.
  • Recognize the life cycle approach to strategy evaluation and selection.
  • Recognize ways to achieve various types of synergy and how it can be used to achieve a competitive advantage.
  • Identify components used in Total Quality Management (TQM).
  • Recognize the value of benchmarking.
  • Recognize the attributes of discovery-driven planning.
  • Identify the role of critical success factors in corporate performance measures.
  • Recognize the value and purpose of the Balanced Scorecard.
  • Identify reasons for the rising internationalization of business.
  • Recognize the advantages of strategies companies may pursue in global industries.
  • Recognize the attributes of the CAGE framework that are used to help select foreign locations.

  • Prerequisites/Advanced Preparation:

    Strategic Management: Concepts and Tools: Part 1

    Speaker / Author:

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

    Price (USD)

    Standard: $124.75


    Course Code : 99DEL10

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

    Format Type : eLearning
    Mobile Compatible

    Returning Subscribers

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