Compact MBA: How to Develop Business Strategy
Essential Management Consulting
Updated on Oct, 2023
Language - English
Duration -1 hours
This is a very practical course. It does not dwell on unnecessary academic concepts and cuts to the chase.
90% of what we learn in an MBA program is somewhat academic and is not used in practice. This course focuses on the other 10%.
The course provide the bare-bone essentials of management strategy from the perspective of strategy consultants. It also provides what are the typical roles and responsibilities of strategy professionals in large and well managed organizations. At the end the students need to do a case study / project using the tools learnt in the course.
The course starts with basic strategy fundamentals. Then spends a considerable amount of time on strategic framework, under which all corporate and business strategies are developed.
Within the strategic framework it shows how to do various types and commonly used analyses ( such as SWOT, Five Forces, Growth-Market Share Matrix, 7S Framework, Value Chain Analysis, Market Assessment, PESTLE etc.), in order to decide what sort of strategic moves the company should make. Then it briefly talks about the difference between corporate and business strategy, implementation and programs. Then under performance measurement the students learn what is Balanced Scorecard and how to develop it. The final section of the course describes and list of roles and responsibilities taken up by strategy professionals in large and well-managed organizations.
What will you learn in this course:
- How to develop corporate strategy and business strategy for a large company
- Absolute bare bone essentials of strategy consulting
- Key tools to analyze the internal situation and external environment in which a company operates
- Key roles and responsibilities of strategy professionals
What are the prerequisites for this course?
- Basic knowledge of key business functions like sales, marketing, operations, finance etc. are all that is needed as a prerequisite.
Check out the detailed breakdown of what’s inside the course
How to develop business strategy
- Introduction 02:03 02:03
- Strategy Fundamentals 07:57 07:57
- Strategic Framework: Part 1 15:23 15:23
- Strategic FRamework: Part 2 15:23 15:23
- Business Unit Strategy 07:50 07:50
- Measurement 08:18 08:18
- Strategy in Practice 08:37 08:37
Saptarshi BhattacharyyaMake Better Decisions
Sapta is a global management consultant and cogitative science specialist from US and managing partner at decision science company Picture Queen. He has over 25 years’ experience in engineering, business management and management consulting. He worked with two Fortune 500 companies in US, Corning Inc. & Amphenol Corporation, in engineering & business management respectively. Afterwards he joined management consulting and worked with California based Frost & Sullivan, where he advised many large and medium-sized organizations in US, Middle East, India & South Africa, in areas of Business Decision Making and Problem Solving. Sapta set-up an Indian subsidiary of US Conglomerate Amphenol Corporation. Sapta holds a BS in Engineering from India, and an MS and MBA from US.
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