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Strategic Management Concepts and Business Strategy

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Strategic Management Concepts and Business Strategy

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Gain insight into a topic and learn the fundamentals.
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.
1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Analyze strategic management concepts and evaluate competitive business strategies.

  • Apply strategic decision-making frameworks to real-world business scenarios.

  • Develop growth and control strategies for sustainable organizational success.

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Recently updated!

May 2026

Assessments

24 assignments

Taught in English

Build your subject-matter expertise

This course is part of the Leadership and Business Strategy Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • 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

There are 6 modules in this course

Learn how to analyze strategic management concepts, evaluate competitive strategies, and apply decision-making frameworks to real-world business scenarios. This course provides practical knowledge of strategic intent, business-level strategy, corporate strategy, global expansion, and strategy implementation.

The course begins with the foundations of strategic management, including its origins, importance, levels of strategy, and role in creating sustainable competitive advantage. Learners will understand the strategic management process and how organizations use it to guide long-term decisions. As the course progresses, learners explore strategic intent through vision, mission, objectives, policies, and organizational direction. The course then examines business-level strategies such as cost leadership, differentiation, and focus, along with tactical approaches used to build competitive positioning. Advanced modules cover corporate-level strategies including expansion, integration, and diversification, as well as global and cooperative strategies such as internationalization, alliances, stability, and retrenchment. Learners will also study strategic implementation through organizational culture, ethics, leadership, change management, and control systems. What makes this course unique is its structured progression from strategic foundations to implementation and control. By the end of the course, learners will be able to evaluate business strategies, make informed strategic decisions, and support long-term organizational success in competitive and dynamic markets.

This module introduces the core concepts of strategic management, including its origins, importance, and role in achieving sustainable competitive advantage. Learners will explore the different levels of strategy and understand the strategic management process as a foundation for effective decision-making.

What's included

6 videos4 assignments

6 videosβ€’Total 33 minutes
  • Introduction To Strategic Managementβ€’6 minutes
  • Sustainable Competitive Advantageβ€’6 minutes
  • Levels Of Strategyβ€’6 minutes
  • Strategic Management Functions And Benefitsβ€’6 minutes
  • Processβ€’3 minutes
  • Strategic Intent Part 1β€’5 minutes
4 assignmentsβ€’Total 60 minutes
  • Foundations of Strategic Managementβ€’30 minutes
  • Understanding Strategy and Its Importanceβ€’10 minutes
  • Levels and Scope of Strategyβ€’10 minutes
  • Strategic Management Process Overviewβ€’10 minutes

This module focuses on defining strategic intent through vision, mission, and objectives. Learners will understand how organizations set direction, establish measurable goals, and use policies and frameworks to guide decision-making and long-term success.

What's included

6 videos4 assignments

6 videosβ€’Total 23 minutes
  • Strategic Intent Part 2β€’5 minutes
  • Mission And Objectivesβ€’4 minutes
  • Financial And Strategic Objectivesβ€’5 minutes
  • Goals And Objectivesβ€’3 minutes
  • Policiesβ€’4 minutes
  • Porters Generic Business Strategyβ€’2 minutes
4 assignmentsβ€’Total 60 minutes
  • Strategic Intent and Organizational Directionβ€’30 minutes
  • Defining Strategic Intentβ€’10 minutes
  • Setting Organizational Objectivesβ€’10 minutes
  • Policies and Strategic Frameworksβ€’10 minutes

This module explores business-level strategies that organizations use to compete effectively within markets. It covers cost leadership, differentiation, and focus strategies, along with tactical execution to implement competitive positioning successfully.

What's included

6 videos4 assignments

6 videosβ€’Total 25 minutes
  • Cost Leadership Strategyβ€’4 minutes
  • Differentiation Part 1β€’4 minutes
  • Differentiation Part 2β€’4 minutes
  • Focused Strategiesβ€’4 minutes
  • Tactics Part 1β€’6 minutes
  • Tactics Part 2β€’4 minutes
4 assignmentsβ€’Total 60 minutes
  • Alignment simplifies decision-making, not complicates it.β€’30 minutes
  • Cost Leadership Strategiesβ€’10 minutes
  • Differentiation and Competitive Positioningβ€’10 minutes
  • Tactical Execution of Strategiesβ€’10 minutes

This module examines corporate-level strategies that determine the scope and growth of organizations. Learners will explore expansion, integration, and diversification strategies, along with their challenges and applications in managing multiple business units.

What's included

6 videos4 assignments

6 videosβ€’Total 41 minutes
  • Corporate Strategiesβ€’6 minutes
  • Concentration Strategyβ€’8 minutes
  • Integration Strategiesβ€’7 minutes
  • Diversification Strategiesβ€’7 minutes
  • Types Of Diversification Strategiesβ€’5 minutes
  • Types Of Internationalization Strategiesβ€’8 minutes
4 assignmentsβ€’Total 60 minutes
  • Corporate-Level Strategiesβ€’30 minutes
  • Corporate and Growth Strategiesβ€’10 minutes
  • Integration and Diversificationβ€’10 minutes
  • Types of Diversification Approachesβ€’10 minutes

This module focuses on strategies for global expansion and collaboration. Learners will explore internationalization approaches, strategic alliances, and cooperative strategies, along with stability and retrenchment strategies used to adapt to changing environments.

What's included

6 videos4 assignments

6 videosβ€’Total 47 minutes
  • Types Of Internationalization Strategies Continueβ€’7 minutes
  • Types Of Co-Operation Strategiesβ€’7 minutes
  • Types Of Co-Operation Strategies Continueβ€’7 minutes
  • Stabilty Strategies And Classificationβ€’4 minutes
  • Types Of Retrenchment Strategiesβ€’12 minutes
  • Strategic Change Management 1β€’10 minutes
4 assignmentsβ€’Total 60 minutes
  • Global and Cooperative Strategiesβ€’30 minutes
  • International Expansion Strategiesβ€’10 minutes
  • Strategic Alliances and Stabilityβ€’10 minutes
  • Retrenchment and Strategic Adjustmentβ€’10 minutes

This module covers the implementation of strategies, emphasizing the role of organizational culture, ethics, leadership, and control systems. Learners will understand how to manage strategic change and ensure effective execution through monitoring and control mechanisms.

What's included

8 videos4 assignments

8 videosβ€’Total 56 minutes
  • Strategic Change Management 2β€’11 minutes
  • Corporate Culture Part 1β€’8 minutes
  • Corporate Culture Part 2β€’7 minutes
  • Ethics And Leadershipβ€’11 minutes
  • Control Processβ€’6 minutes
  • Strategic Controlβ€’6 minutes
  • Operational Control Systemsβ€’4 minutes
  • Conclusion To Strategic Managementβ€’2 minutes
4 assignmentsβ€’Total 60 minutes
  • Strategic Implementation, Culture, and Controlβ€’30 minutes
  • Managing Strategic Changeβ€’10 minutes
  • Culture, Ethics, and Leadershipβ€’10 minutes
  • Strategic Control and Conclusionβ€’10 minutes

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Instructor

EDUCBA
1,591 Coursesβ€’326,930 learners

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