Strategic Planning Process

Strategic Management: Concepts and Tools: Part 2 v2.0

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.

"Important: This course was previously titled as "Strategic Management: Concepts and Tools: Part 2 (Updated)" Please be aware that the content or course code has not changed."

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.

  • 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:

    Strategic Management: Concepts and Tools: Part 1

    Speaker / Author:

    Steve Spafford, MBA, CPA, has over 20 years’ experience as a CPA working with large public accounting firms, and in numerous executive roles at multinational public corporations. He is a member of DeltaCPE LLC, a leading publisher of continuing professional education courses for CPAs, and has edited CPA ethics courses provided to over 35 states.

    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: $124.75


    Course Code : 99DEL10-v2

    Release Date : 06/16/2020
    Expire Date : 06/16/2022
    Credits :
    CPE 5.00
    QAS 5.00

    Course Level : Overview
    Course Type : QAS Self-Study
    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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