Strategic Management - Decision Making Process and Tools Course

Course

Online

Free

Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

The free online course Strategic Management - Decision Making Process and Tools looks at how top managers use the decision making process and associated tools to implement long-term goals and objectives. The course begins by introducing you to the decision making process involved in strategic management. You will learn about important decision making steps, from determining the mission or purpose of an organization to specifying objectives and goals to formulating a strategic plan and through to monitoring, reviewing and evaluating the strategic plan. The course then introduces you important topics in strategic management, such as strategic competitiveness, strategic risk, strategic flexibility, and internal and external analysis and what role they play in the decision making process. Finally, you will learn more about the 7-S Framework from McKinsey. This management model is used as an organizational analysis tool to assess and monitor changes in the internal situation of an organization. The components of the 7-S Framework are: Structure, Systems, Style, Staff, Skills, Strategy and Super Ordinate Goals. You will learn how a change in any one of these components of an organization can be analyzed to determine its effect on the other components. This course will be of great interest to managers and professionals in the area of strategic management, who would like to learn more about effective decision making processes that can guide a business’s future direction.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

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Subjects

  • Strategic Management
  • Management
  • Decision Making
  • IT
  • IT Management

Course programme

Module Title Module 1: Introduction to the Decision Making Process in Strategic Management Module 2: More about the Decision Making Process and Corporate Planning Module 3: Introduction to the 7-S Framework Module 4: Strategic Management - Decision Making Process and Tools Assessment

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Strategic Management - Decision Making Process and Tools Course

Free