MGMNT X450 - Business Strategy and Decision Making

Course Description

Business Strategy guides organizations, those mature and emerging, those public and private, those for-profit and non-profit, in making the right decisions to enable success in the marketplace, most importantly profitable growth. Strategy also guides leaders in being clear about an organization’s direction within an uncertain/changing environment, and enables leaders to be better positioned to respond to unanticipated and significant challenges. This course will explore the various styles of strategy, for instance: classical, adaptive, shaping and visionary. In addition, different levels of strategy will be examined, for example: corporate, business and functional. Finally, the course will examine Strategic Planning, the process by which an organization develops a specific action plan to execute its chosen strategy.

Learner Outcomes

Upon successful completion of this course, students will be able to:

• Understand various styles of strategy, for example classical, adaptive, shaping and visionary.
• Understand different levels of strategy, for example corporate, business and functional.
• Understand how to assess marketplaces and competition
• Understand the Strategic Planning process and the role of strategy within that process
• Review actual case studies from select organizations and industries
• Hear real-world perspectives from domain experts and guest speaker(s)

Applies Towards the Following Certificates

• Applied Business Essentials : Required Courses
• Business Administration and Management : Marketing and Strategy: 2 Courses Required (8 units)
• Business Foundations Badge : Digital Badge
• Foundations of Agile Project Management : Required Elective Courses
• Human Resource Management Essentials : Elective Courses (Choose 1)
• Leadership & Strategy Badge : Digital Badge
• Project Management : Elective Courses (Choose 1)