Management  |  Format: Flash

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.
    Catalog Number: 99DEL09
    CPE Credits: 5 Registry / 5 QAS
    Author: Steve Spafford, CPA
    Advanced Preparation:
    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: Dec 31, 2014 / Jul 14, 2020