Overview
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Strategic Management is an important concept for managers, decision makers and entrepreneurs. This course will show you how a business views itself in its "totality" and in the context of its environment. The course will be taught from the perspective of a manager or chief executive officer (CEO).What you will learn: By completing this course you will develop a good understanding of:1) The concept of Competitive Advantage and its relation to a firm's strategy 2) Industry and competitive analysis3) Resource and competency analysis4) Analyzing strategy across corporate and business levels
Syllabus
Week 1: Introduction to Strategic Management
- What is strategy?
- The role of strategy
- Strategic decisions
- Aligning strategy and organization
- Strategic context of the firm
- Industry Analysis : Porter's framework, complements, strategic groups and key success factors.
- PESTLE Analysis
- The Resource based view of the firm
- VRIO framework
- Sustenance of competitive advantage
- Competitive positioning
- Business level strategies : Cost leadership, differentiation, focus and dual advantage.
- Value chain analysis
- Strategies for the multi-business firm.
- The need of corporate strategy
- Corporate level strategies
- Strategy portfolio frameworks
- Strategy implementation
Taught by
PD Jose, Rejie George Pallathita, Sai Yayavaram
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The "Strategic Management" course from IIM Bangalore via Swayam offers a comprehensive and insightful exploration of strategy concepts. The course structure is excellent, blending theoretical frameworks with real-world applications, making it suitable for both beginners and those looking to deepen their understanding. Case studies are highly relevant and enhance the learning experience. The instructors bring expertise and clarity, making even complex topics accessible. Whether you're looking to build foundational knowledge or refine your strategic thinking, this course is a valuable resource for both professional development and academic enrichment.