Strategic Management is a fundamental module in the OTHM Level 7 Diploma in Strategic Management and Leadership, essential for those aiming to excel in their management careers. This course lays the foundation for a successful journey, providing the strategic insights needed to manage organisational change and achieve business excellence. Learning outcomes:
1.1 Critically evaluate an organisation’s market position. 1.2 Analyze the effects of existing plans on the organisation.
2.1 Explore the relationship between corporate, business, and operational strategies. 2.2 Apply strategic models to develop and evaluate strategic options.
3.1 Create a vision, mission, and strategic goals. 3.2 Propose a suitable organisational structure. 3.3 Develop a resourced implementation plan.
4.1 Apply force field analysis to identify change forces. 4.2 Evaluate change management models. 4.3 Identify leadership and change agent skills for implementing strategic change.
5.1 Develop a monitoring and control system. 5.2 Design key success indicators. 5.3 Identify potential risks and review the strategic plan’s effectiveness.
Target Audience for the Strategic Management Course
This course is designed for individuals involved in or aspiring to strategic management roles within an organization. It is particularly suitable for:
– Senior Managers and Executives: Those responsible for setting and implementing strategic direction in their organizations.
– Aspiring Leaders: Individuals aiming to pursue senior management positions and seeking to acquire strategic planning and implementation skills.
– Business Owners and Entrepreneurs: SME owners who need to develop and implement strategic plans to ensure business growth and competitiveness.
– Management Consultants: Professionals advising organizations on strategic management and change initiatives.
– Students of Business Management: Individuals pursuing advanced academic qualifications in management who wish to gain practical insights into strategic management.
Why is this course important?
The course is crucial because it provides participants with:
– Strategic Perspective: Understanding the Impact of External and Internal Factors on organisational Strategy. – Analytical Skills: Developing the ability to use strategic models and tools to evaluate and propose strategic options.
– Implementation Expertise: Learning to create effective implementation plans that align with organisational goals.
– Change Management Proficiency: Gaining skills to lead and manage organisational change effectively.
– Performance Monitoring: Understanding how to monitor, control, and evaluate the effectiveness of strategic plans.
By covering these aspects, the course equips participants with the knowledge and skills needed to manage strategic initiatives that support and drive organisational success.
