How To Build An Effective Strategic Management Plan

This course combines insights into strategic planning practice.

What you'll learn

Identify what a Strategic Plan is used for.

Recognize the components of strategic planning.

Discover how to develop a framework for the strategic planning process.

Requirements

No advanced preparation or prerequisites are required for this course.

Description

The ability to develop business strategies and then take those business strategies from plan to action sets true leaders apart from their peers. Forward-looking strategy formulation can make the difference between a profitable business and one that stagnates.This course provides a concise overview of the best way to build a strategic plan and introduces and walks through a framework for the strategic plan.  The course also introduces the concept of strategic management.  It is designed to combine practice, insights and ideas about strategic planning with a “how to” approach to building an effective and useful strategic plan.

Overview

Section 1: Introduction

Lecture 1 Introduction to Strategic Management and Strategy Execution Basics

Lecture 2 Considerations in Strategic Planning

Lecture 3 Preparation of Strategic Planning Process

Lecture 4 Development of Strategic Plans

Lecture 5 Measurement and Reevaluation of Strategic Plans

Lecture 6 Conclusion

Section 2: Supporting Materials

Lecture 7 Slides: Strategic Management and Strategy Execution Basics

Lecture 8 Strategic Management and Strategy Execution Basics Glossary/Index

Section 3: Review and Test

Anyone interested in Finance, Management, Business Operations or related fields.