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Creating Value by Building Your Business
Maintain a competitive advantage within changing marketsPreview the first lesson free — get full access to all 6 lessons.
Advanced Provider : Victoria Louden 6 Lessons · 19m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
One of the simplest ways to build value for your business is by building a supportive team that harnesses the knowledge and skills of individuals to reach strategic goals. When thinking of your team, consider both internal and external team members. Employees play a major role, as do external team members like suppliers, customers, and the community. In addition to your team, you can create value through acquiring assets. When used properly, assets can help a business reach its strategic goals. Creating value may require changing your organizational structure, and it will also require you to respond to changing markets.
In this course on Creating Value by Building Your Business, you will discover the importance of investing in and building your team and how buying and building both tangible and intangible assets can create value. You will also understand the need to change or evolve your organizational structure to support your value-creation strategy. By the end of this course, you will know how to respond to changing markets to add value.
What You'll Learn
- Recognize the importance of investing in and building your team
- Examine how buying or building assets can create value
- Understand the need to evolve your organizational structure to support your strategy
- Discover how to respond to changing markets to add value
- Identify both internal and external team members who contribute to your business
Key Takeaways
- Building a supportive team that harnesses the knowledge and skills of individuals helps a business reach its strategic goals.
- A team includes both internal members like employees and external members such as suppliers, customers, and the community.
- Acquiring and building both tangible and intangible assets can create value when used properly to reach strategic goals.
- Creating value may require changing or evolving your organizational structure to support your value-creation strategy.
- Responding to changing markets and business models is part of adding value to a business.
Frequently Asked Questions
What does this course cover?
The course covers building a supportive team, buying or building tangible and intangible assets to create value, evolving your organizational structure to support your strategy, and responding to changing markets and business models to add value.
Who is considered part of your team in this course?
The course considers both internal team members, such as employees, and external team members, including suppliers, customers, and the community.
What will I be able to do by the end of the course?
By the end of the course, you will know how to invest in and build your team, how buying and building assets creates value, how to evolve your organizational structure, and how to respond to changing markets to add value.
How is the course structured?
The course includes lessons on an Introduction, Creating Value by Building a Supportive Team, Buying or Building Assets to Create Value, Evolving the Organizational Structure, Responding to Changing Markets and Business Models, and a Test Your Knowledge section.
