MGMT455 UNIT5DB: Strategy Formulation and Processes

MGMT455 UNIT5DB: Strategy Formulation and Processes

MGMT455 Business Policies and Strategies UNIT5DB: Strategy Formulation and Processes

Summative Discussion Board

Review and reflect on the knowledge you have gained from this course. Based on your review and reflection, write 500-600 words on the following:

  • What were the most compelling topics learned in this course?
  • How did the discussion debates help you advance your considerations of the topics within this course?
  • What approaches could have yielded additional valuable information?

APA style + minimum of 2 references and citations. ***I will provide course summary***

Course Title: Business Policies and Strategies // Course Code: MGMT455

Course Description:

This course focuses on identifying external opportunities and determining the value-creating potential of a firm’s resources, capabilities, and core competencies to achieve a strategic competitive advantage.

 

Course Objectives:

– Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.

– Develop the ability to manage the organizational process by which policies and strategies are formed.

– Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.

– Enhance the ability to create results-oriented action plans and effective business policy.

– Understand strategic planning terminology, concepts, theories and models.

Unit 1: Basics of Strategic Planning

  • Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
  • Understand strategic planning terminology, concepts, theories and models.
  • Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
  • Develop the ability to manage the organizational process by which policies and strategies are formed.
  • Enhance the ability to create results-oriented action plans and effective business policy.

Unit 2: Thinking Strategically

  • Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
  • Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
  • Develop the ability to manage the organizational process by which policies and strategies are formed.
  • Enhance the ability to create results-oriented action plans and effective business policy.
  • Understand strategic planning terminology, concepts, theories and models.

Unit 3: Competitive Advantage

  • Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
  • Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
  • Develop the ability to manage the organizational process by which policies and strategies are formed.
  • Enhance the ability to create results-oriented action plans and effective business policy.
  • Understand strategic planning terminology, concepts, theories and models.

Unit 4: Strategic Choices

  • Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
  • Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
  • Understand strategic planning terminology, concepts, theories and models.
  • Develop the ability to manage the organizational process by which policies and strategies are formed.
  • Enhance the ability to create results-oriented action plans and effective business policy.

Unit 5: Strategy Formulation and Processes

  • Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.
  • Develop the ability to manage the organizational process by which policies and strategies are formed.
  • Develop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.
  • Enhance the ability to create results-oriented action plans and effective business policy.
  • Understand strategic planning terminology, concepts, theories and models.

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