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Business Strategy: Creating Competitive Advantage

Business Strategy: Creating Competitive Advantage

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Assess an organization’s strategic position using PESTEL, Porter’s Five Forces, and SWOT to analyze external environments and internal capabilities.

  • Formulate growth and competitive strategies using positioning, portfolio analysis, and market-entry decisions like build, buy, or license.

  • Design forward-looking strategies using scenario planning and innovation frameworks to navigate disruption and achieve long-term success.

  • Develop end-to-end strategic plans and translate insights into executive presentations and implementation roadmaps for decision-making and execution.

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Recently updated!

April 2026

Assessments

12 assignments¹

AI Graded see disclaimer
Taught in English

Build your Business Strategy expertise

This course is part of the IBM Management Consultant Professional Certificate
When you enroll in this course, you'll also be enrolled in this Professional Certificate.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate from IBM

There are 4 modules in this course

Organizations waste billions annually on strategies that fail because leaders lack systematic approaches to environmental analysis and strategic choice. Without structured frameworks, even brilliant insights remain unrealized potential.

This course equips you with the strategic planning toolkit used by elite firms worldwide. Learn to apply environmental scanning to spot opportunities before competitors. Apply Porter's frameworks for positioning and industry analysis. Generate innovative options using Blue Ocean thinking and growth matrices. Through hands-on analysis of real companies, develop strategies balancing ambition with achievability. By completion, you'll confidently approach strategic challenges, facilitate planning sessions, and craft recommendations that transform organizations. Basic understanding of business operations and competitive dynamics. No prior strategic planning experience required. Learners will need a laptop or desktop computer with a modern web browser, Microsoft Office Suite (Word, Excel, PowerPoint), and a reliable internet connection. This course is designed for aspiring management consultants, strategic analysts, business development professionals, business students, executives, business leaders, mid-level managers transitioning to strategy roles, startup founders, and anyone seeking to develop systematic approaches to strategic planning and competitive analysis.

In this module, you will develop foundational skills in strategic thinking and analysis. You will explore how successful organizations create sustainable competitive advantages through systematic environmental scanning and capability assessment. The module covers essential analytical tools including SWOT, PESTEL, and competitive analysis frameworks. Through hands-on exercises, you will practice identifying strategic opportunities and threats while evaluating organizational strengths and weaknesses. This foundation prepares you to think strategically about complex business challenges.

What's included

10 videos9 readings3 assignments2 plugins

10 videosTotal 75 minutes
  • Course Introduction8 minutes
  • Meet Your Instructors7 minutes
  • Expert Viewpoints: The Art of Strategic Thinking in Consulting7 minutes
  • Strategic Thinking and Environmental Analysis6 minutes
  • Industry Analysis with Porter's Five Forces6 minutes
  • Demo: Competitive Intelligence and Market Analysis11 minutes
  • Internal Capabilities and Integrated Analysis6 minutes
  • Demo: SWOT Analysis and Strategy Formulation6 minutes
  • Demo: Reading Annual Reports Strategically11 minutes
  • Building Strategic Capabilities7 minutes
9 readingsTotal 75 minutes
  • Course Welcome and Overview5 minutes
  • Course Syllabus5 minutes
  • Helpful Tips for Course Completion5 minutes
  • Environmental Scanning Best Practices10 minutes
  • Downloadable Resource: PESTEL and Five Forces Templates10 minutes
  • Internal Analysis Framework Guide10 minutes
  • Downloadable Resource: Capability Assessment Toolkit 10 minutes
  • Case Study: Netflix and the Shifting Basis of Advantage 10 minutes
  • Summary and Highlights: Strategic Analysis Fundamentals10 minutes
3 assignmentsTotal 50 minutes
  • Strategic Analysis Foundations 30 minutes
  • Strategic Thinking and External Analysis10 minutes
  • Internal Analysis Methods10 minutes
2 pluginsTotal 30 minutes
  • Lab: External Analysis of a Tech Company15 minutes
  • Lab: Internal and Integrated Analysis15 minutes

In this module, you will master advanced strategic frameworks used by top firms. You will explore competitive positioning strategies using Porter's Generic Strategies and Blue Ocean concepts. The module covers growth strategy frameworks including Ansoff Matrix and BCG Growth-Share Matrix. You will also develop skills in market entry analysis, expansion planning, and technology sourcing decisions (Build vs. Buy vs. License). Through case studies and practical exercises, you will learn to generate and evaluate strategic options systematically.

What's included

8 videos8 readings4 assignments3 plugins

8 videosTotal 56 minutes
  • Competitive Positioning Frameworks6 minutes
  • Demo: Competitive Advantage Workshop12 minutes
  • Growth and Portfolio Strategy6 minutes
  • Demo: Blue Ocean Strategy Canvas7 minutes
  • Market Entry and Expansion Planning6 minutes
  • Market Sizing and Opportunity Assessment6 minutes
  • Build v/s. Buy v/s. License Analysis6 minutes
  • Expert Viewpoints: Successful Market Entry Stories7 minutes
8 readingsTotal 82 minutes
  • Competitive Strategy Essentials10 minutes
  • Downloadable Resource: Value Chain Template 10 minutes
  • FAQ: "When to Choose Each Generic Strategy" 12 minutes
  • Growth Strategy Frameworks10 minutes
  • Downloadable Resource: Market Entry Decision Tree 10 minutes
  • Downloadable Resource: Build-Buy-License Evaluation Checklist 10 minutes
  • Case Study: Starbucks in China and the Long Road to Positioning10 minutes
  • Summary and Highlights: Strategic Frameworks10 minutes
4 assignmentsTotal 48 minutes
  • Strategic Frameworks and Tools20 minutes
  • Competitive Positioning8 minutes
  • Growth Strategies8 minutes
  • Market Entry Planning12 minutes
3 pluginsTotal 45 minutes
  • Lab: Positioning and Value Chain Analysis15 minutes
  • Lab: Developing a Growth Strategy15 minutes
  • Lab: Market Entry and Sourcing Strategy15 minutes

In this module, you will develop capabilities in forward-looking strategic planning techniques. You will master scenario planning to prepare organizations for multiple futures. The module covers innovation strategy and responses to disruption. You will also learn to communicate strategy effectively to gain stakeholder buy-in. Through practical exercises, you will create strategic narratives that inspire action and build strategic resilience.

What's included

9 videos7 readings4 assignments1 discussion prompt3 plugins

9 videosTotal 63 minutes
  • Introduction to Scenario Planning6 minutes
  • Building Robust Scenarios6 minutes
  • Demo: Facilitating Scenario Planning Workshops8 minutes
  • Innovation and Disruption Strategy7 minutes
  • Demo: Innovation Portfolio Management9 minutes
  • Expert Viewpoints: "Leading Through Disruption"9 minutes
  • Strategic Storytelling Mastery6 minutes
  • Stakeholder Engagement and Change Management6 minutes
  • Expert Viewpoint: Strategy Implementation Success 7 minutes
7 readingsTotal 65 minutes
  • Scenario Planning Best Practices10 minutes
  • Downloadable Resource: Scenario Planning Toolkit 10 minutes
  • FAQ: "How Many Scenarios Should We Develop?" 10 minutes
  • Downloadable Resource: Innovation Strategy Canvas 10 minutes
  • Strategy Communication Guide 10 minutes
  • Downloadable Resource: Strategy Presentation Templates 10 minutes
  • Summary and Highlights: Future-Oriented Planning5 minutes
4 assignmentsTotal 60 minutes
  • Advanced Strategic Planning30 minutes
  • Scenario Planning12 minutes
  • Innovation Strategy8 minutes
  • Strategy Communication10 minutes
1 discussion promptTotal 10 minutes
  • Share a Strategic Challenge From Your Experience10 minutes
3 pluginsTotal 45 minutes
  • Lab: Developing Scenarios for the Automotive Industry15 minutes
  • Lab: Analyzing a Disruptive Trend15 minutes
  • Lab: Crafting a Strategic Narrative15 minutes

In this final module, you will synthesize all strategic planning skills through a comprehensive consulting project. You will develop a complete strategic plan for a technology company entering emerging markets. This capstone project demonstrates your ability to apply strategic frameworks, conduct thorough analysis, and develop actionable recommendations. The module concludes with career guidance for strategic planning roles.

What's included

2 videos6 readings1 assignment1 peer review1 plugin

2 videosTotal 15 minutes
  • Course Wrap-Up7 minutes
  • Career Paths in Strategic Consulting8 minutes
6 readingsTotal 31 minutes
  • Final Project Overview5 minutes
  • Strategic Planning Resources5 minutes
  • Downloadable Resource: Strategic Planning Career Guide 10 minutes
  • Congratulations and Next Steps3 minutes
  • Team and Acknowledgments3 minutes
  • Course Glossary5 minutes
1 assignmentTotal 30 minutes
  • Strategic Planning for Management Consultants30 minutes
1 peer reviewTotal 5 minutes
  • Final Project: Submission and Evaluation 5 minutes
1 pluginTotal 15 minutes
  • Final Project: Strategic Market Entry Plan for TechVenture SaaS Platform15 minutes

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