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Strategic Management - Decision Making Processes and Tools - Revised
Learn about the decision-making process and tools to successfully implement long-term business goals and objectives.
Description
The strategic management process is a full set of commitments, decisions, and actions required for a firm to achieve strategic competitiveness and earn above-average returns. With this course, you will learn the decision-making process in Strategic Management and the four main activities of learning organizations. You will also look into internal and external analysis and learn how strategic flexibility helps an organization respond to various demands and opportunities existing in a dynamic and uncertain competitive environment.
You will then study Mintzberg's Modes of Strategic Decision Making which include entrepreneurial mode, adaptive mode, planning mode, and logical incrementalization. You will look into the different aspects of corporate planning and cover the conceptual model of corporate planning. This course will also discuss how organizations can change. You will study the 7-S Framework from McKinsey which include structure, strategy, systems, skills, style, staff and shared values as well as the role of each component.
Implementing effective decision-making processes can guide businesses in their future direction. Upon the completion of this course, you will gain a deeper understanding of the important topics in strategic management such as strategic competitiveness, strategic risk, strategic flexibility, and internal and external analysis. You will also learn about the important role they play in the decision-making process so make sure to check this course out today to enhance your management skills and lead your organization to success!
Start Course NowModules
Introduction to the Decision Making Process in Strategic Management
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Introduction to the Decision Making Process in Strategic Management - Learning Outcomes
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Strategic Management - Decision Making Process
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Strategic Management - Internal and External Analysis
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The Learning Organisation
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Introduction to the Decision Making Process in Strategic Management - Lesson Summary
The Decision Making Process and Corporate Planning
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The Decision Making Process and Corporate Planning - Learning Outcomes
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Modes of Strategic Decision Making
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Corporate Planning
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Conceptual Model of Corporate Planning
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The Decision Making Process and Corporate Planning - Lesson Summary
Introduction to the 7-S Framework
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Introduction to the 7-S Framework - Learning Outcomes
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Change within Organizations
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The 7-S Framework - Part 1
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The 7-S Framework - Part 2
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Introduction to the 7-S Framework - Lesson Summary
Course assessment
Learning 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 an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate 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 Certificates 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 Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, 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 Certificate pricing, please visit our Pricing Page.
