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Strategic Management Fundamentals
Learn to formulate, implement, and evaluate cross-functional decisions.
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Language: English
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Take at least 10 mins of your day to complete one lesson from the teacher and practice with our engaging learning activities.
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What you will learn
Gain a comprehensive understanding of strategic planning and its importance in business management
Learn to analyze the business environment effectively to make strategic decisions
Develop the ability to articulate clear vision and mission statements for an organization
Understand how to create and maintain a competitive advantage in the market
Enhance your rational decision-making skills for effective business management
Improve your intuitive decision-making abilities to make quick, effective decisions
Learn how to facilitate group decision-making processes and manage conflicts
Understand the importance of ethical decision-making in maintaining a companys reputation and success
Gain knowledge of various performance metrics used in business management
Learn to identify, define, and measure Key Performance Indicators (KPIs) for your organization
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Course Content
Strategic Thinking
Vision and Mission
Environmental Analysis
Strategic Planning
Setting Organizational GoalsSetting Organizational Goals
Environmental AnalysisEnvironmental Analysis
Formulating StrategiesFormulating Strategies
Implementing Strategic PlansImplementing Strategic Plans
Competitive Advantage
Sustainable Competitive AdvantageSustainable Competitive Advantage
Industry Analysis and Competitive PositioningIndustry Analysis and Competitive Positioning
Differentiation StrategiesDifferentiation Strategies
Cost Leadership StrategiesCost Leadership Strategies
Decision Making
Rational Decision Making
Identifying Decision CriteriaIdentifying Decision Criteria
Evaluating AlternativesEvaluating Alternatives
Making Rational ChoicesMaking Rational Choices
Implementing DecisionsImplementing Decisions
Intuitive Decision Making
Trusting Your GutTrusting Your Gut
Embracing UncertaintyEmbracing Uncertainty
Using Intuition WiselyUsing Intuition Wisely
Balancing Logic and IntuitionBalancing Logic and Intuition
Group Decision Making
Factors Influencing Group DecisionsFactors Influencing Group Decisions
Techniques for Effective Group Decision MakingTechniques for Effective Group Decision Making
Overcoming Challenges in Group Decision MakingOvercoming Challenges in Group Decision Making
Ethical Decision Making
Understanding Ethical DilemmasUnderstanding Ethical Dilemmas
Ethical FrameworksEthical Frameworks
Ethical Decision Making ProcessEthical Decision Making Process
Ethical LeadershipEthical Leadership
Performance Evaluation
Key Performance Indicators
Understanding KPIsUnderstanding KPIs
Designing Effective KPIsDesigning Effective KPIs
Using KPIs for Decision MakingUsing KPIs for Decision Making
Balanced Scorecard
Introduction to Balanced ScorecardIntroduction to Balanced Scorecard
Key Performance IndicatorsKey Performance Indicators
Implementing Balanced ScorecardImplementing Balanced Scorecard
Performance Appraisal
Setting Performance ExpectationsSetting Performance Expectations
Conducting Performance ReviewsConducting Performance Reviews
Providing Constructive FeedbackProviding Constructive Feedback
Developing Performance Improvement PlansDeveloping Performance Improvement Plans
Performance Metrics
Introduction to Performance MetricsIntroduction to Performance Metrics
Key Performance Indicators (KPIs)Key Performance Indicators (KPIs)
Performance Metrics for Decision MakingPerformance Metrics for Decision Making
Evaluating Performance EffectivenessEvaluating Performance Effectiveness
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