Management  |  Format: Flash

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.
    Catalog Number: 99DEL10
    CPE Credits: 5 Registry / 5 QAS
    Author: Steve Spafford, CPA
    Advanced Preparation:
    Strategic Management: Concepts and Tools: Part 1
    Course Level: Overview
    Field of Study: Business Management and Organization
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Windows or Mac OS
    Release/Expiration Dates: Jan 02, 2015 / Jul 14, 2020