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Introduction to the Diploma of Strategic Management
Strategic management is an essential component of business. It refers to the formulation and implementation of goals and initiatives included in the strategies that the stakeholders have put in place in the organization to ensure the best decision-making processes for the organization, it is important that strategies are developed to support business functions and processes. Therefore, strategic management entails evaluating business goals, the organization’s vision and goals, as well as future plans. Additionally, the strategic management process is used to ensure effective and efficient workflow. Communicating this strategy internally and externally is also critical to success, so that both the employees and the organization can understand the purpose and direction along with the external parties’ understanding of what it stands for as an organization.
– Academic axes of the diploma
Part 1 An introduction to strategic management and business policy
Basic concepts of strategic management
Corporate governance
Social responsibility and ethics in strategic management
Part Two: Environmental Survey
Environmental survey and industry analysis
Organizational analysis and competitive advantage
Part three, strategy formulation
Business strategy
Company strategy
Career strategy and strategic choice
Part 4: Strategy implementation and monitoring
Strategy Implementation: Global Strategy
Strategy Implementation: Organization and Structure
Strategy Implementation: Recruitment and Orientation
Evaluation and oversight
Part 5: Essential Skills for Strategic Professionals
Decision-making skills
thinking skills
Part VI
Case study 1
Case study 2
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