Strategic Management - What is strategy? | From A Business Professor

Master the Art of Strategy: Learn from Top Business Professors! Dive into strategic management frameworks, leadership insights, and real-world examples to elevate your career and unlock success. Enroll now to become the strategist of the future!

4.0 (1)

11 learners

What you'll learn

Understand the principles and frameworks of strategic management
Apply internal and external analysis tools such as VRIO and PESTEL
Evaluate business strategies through real world examples and models
Develop skills in strategic decision-making and leadership

This course includes

9.3 hours of video
Certificate of completion
Access on mobile and TV

Summary

Full Transcript

Without a strategy, a firm will be like a boat with no anchor flailing about in the open sea. A good strategy could explain how a company plans to compete in a market and how it intends to grow at a profit. In this video, I will discuss what is strategy? What is competitive advantage? Why strategy is so important for a firm, and what are the key steps to formulate a business strategy.