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Strategic Management - Decision Making Processes and Tools - Revised
Study the decision-making process and learn about the tools used to successfully implement long-term goals and objectives.
Description
Strategic Management - Decision-Making Process and Tools is a course that will show you how top managers use the decision making process and associated tools to implement long-term goals and objectives.
The course opens with an introduction to the decision making process involved in strategic management. You will learn about important decision making steps, from determining the mission or purpose of an organization to specifying objectives and goals to formulating a strategic plan and through to monitoring, reviewing and evaluating the strategic plan.
The course will then introduce you to important subjects in strategic management, such as strategic competitiveness, strategic risk, strategic flexibility, and internal and external analysis and what role they play in the decision-making process.
Finally, you will learn more about the 7-S Framework from McKinsey. This management model is used as an organizational analysis tool to assess and monitor changes in the internal situation of an organization. The components of the 7-S Framework are: Structure, Systems, Style, Staff, Skills, Strategy and Super Ordinate Goals. You will learn how a change in any one of these components of an organization can be analyzed to determine its effect on the other components.
This course will be of great interest to managers and professionals in the area of strategic management, who would like to learn more about effective decision making processes that can guide a business's future direction.
Start Course NowLearning Outcomes
Having completed this course you will be able to:
- Describe the decision making process in Strategic Management:
- Describe internal and external analysis;
- Describe Mintzberg’s Modes of Strategic Decision Making;
- Describe aspects of corporate planning;
- Describe a conceptual model of corporate planning;
- List the 7-S Framework;
- Describe the role of each component of the 7-S Framework.
Certification
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certification for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.
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