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Strategic Management - Implementing and Evaluating Strategy - Revised

Learn the practices and procedures for implementing effective strategies with this free online strategy planning course.

Business
Free Course
This free online strategic planning course will teach you about implementing management strategies, who should carry out strategic plans, and what needs to be done to align a company's operations successfully. Proper planning, monitoring, analysis, and assessment of key information and actions is essential for an organization to meet its goals and objectives. This makes strategic management highly important in the modern workplace
  • Duration

    1.5-3 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This course will first introduce you to strategy implementation which refers to the sum total of the activities and choices required for the execution of a strategic plan. You will study the factors that differentiate Stage I, II and III companies including their classification according to risk, courses of action, and desired rates of growth. You will also learn what should be done to align your company's operations in a new direction.

You will then study horizontal and vertical integration as well as diversification and synergy, including production synergy, marketing synergy, financial synergy and organisation synergy. The course will discuss the main factors to consider when assessing the suitability of a proposal, the main steps in the screening process, the five-step model in the evaluation and control process, and the steps in a Strategy Audit. You will also study the problems in the measurement of performance and the guidelines for proper control of strategic planning implementation.

In the modern economy, organizations need strong strategic decisions to keep up with fast-paced innovation, emerging technologies, and customer expectations. This Strategic Management - Implementing and Evaluating Strategy online course will help you assess your company's present situation, plan strategies, carry them out, and analyze their effectiveness. By taking this course, you will become more able to help your company achieve its goals and objectives, gain a competitive advantage, and improve market share. Start boosting your professional skills, today.

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