gmgt540 | Graduate
Global Strategy Formulation And Implementation
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Contemporary Practices in Strategic Management
- Evaluate real-world applications of strategic management.
- Analyze best practices in strategic management.
Goals and Action/Implementation Plan
- Develop a tactical plan based on the roadmap.
- Evaluate the roadmap to ensure that goals and objectives can be met.
- Identify Critical Success Factors (CSF) for plan implementation.
- Create a strategic roadmap to outline the implementation process.
Grand Strategies, Formulation, and Choice
- Differentiate among the generic and grand strategies.
- Evaluate organizational strengths and weaknesses for meeting long-term objectives.
- Apply strategic choice to achieve long-term objectives.
Vision, Mission, and Values
- Distinguish between strategy and tactics.
- Explain the essential components of the strategic management process.
- Analyze the relationship among leadership, culture, stakeholder interests, and strategic outcomes.
- Create vision, mission, and value statements.
Environmental Analysis and Long-Term Objectives
- Perform an environmental analysis using appropriate tools.
- Create a set of long-term objectives from the environmental analysis.
- Align the vision and values of an organization to meet its long-term objectives.
- Assess internal and external business environments.
Financials and Control
- Forecast financials and other measures to validate selected business strategies.
- Establish an effective strategic planning and control cycle.
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