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Strategic Thinking
Gain a competitive advantage through strategic leadership.Preview the first lesson free — get full access to all 65 lessons.
Essential Provider : Michael Petran 5 chapters · 65 Lessons · 4h 46m in Arabic, English
Course Description
As a manager, looking beyond the day-to-day tasks towards the broader picture becomes a necessity. In order to succeed, managers need to come to an understanding of how they can best contribute to their organization. This business skills training course details how managers improve their competitive advantage through strategic thinking. Additionally, this course covers basic strategic management and provides the tools needed for success.
What You'll Learn
- Apply strategic thinking to improve a manager's competitive advantage and contribution to the organization
- Distinguish operational effectiveness from organizational success using Porter's corporate and competitive strategies
- Analyze an organization and its industry using SWOT, PESTLE, and Porter's Five Competitive Forces
- Evaluate strategic positioning using Porter's positioning types and Mintzberg's strategic schools of thought
- Use insight-based approaches and Tovstiga's framework to develop strategic thinking
- Examine strategic innovation through Wood's Five Phases and competence-based strategic management
Key Takeaways
- As a manager, looking beyond day-to-day tasks toward the broader picture becomes a necessity for success.
- Managers can improve their competitive advantage through strategic thinking and basic strategic management.
- Strategic analysis draws on tools such as SWOT analysis, PESTLE analysis, and Porter's Five Competitive Forces.
- Porter's Five Competitive Forces include industry rivalry, threat of new entrants, threat of substitutes, supplier power, and buyer power.
- The course connects strategic thinking to strategic innovation, including Wood's Five Phases of Strategic Innovation and the strategic development of talent.
Frequently Asked Questions
Who is this course for?
This course is designed for managers who need to look beyond day-to-day tasks and understand how they can best contribute to their organization.
What does the Strategic Thinking course cover?
It covers basic strategic management and provides tools for success, including key elements of business strategy, operational effectiveness versus organizational success, Porter's corporate and competitive strategies and strategic positioning, Mintzberg's strategic schools of thought, insight-based approaches, Tovstiga's strategic thinking framework, SWOT and PESTLE analysis, Porter's Five Competitive Forces, value chain activities, competence-based strategic management, key success factors, strategic development of talent, and strategic innovation.
What skills will I gain from this course?
The course builds skills in strategic planning, strategic thinking, strategic decision making, strategic analysis, and strategic management at a professional level.
What analysis frameworks does the course teach?
The course teaches SWOT analysis, PESTLE analysis, Porter's Five Competitive Forces, the value chain, Mintzberg's strategic schools of thought, Tovstiga's strategic thinking framework, and Wood's Five Phases of Strategic Innovation.
