Oct 24th 2016

Strategic Management (Coursera)

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The world of business strategy is in transition. What used to work doesn't anymore -- not necessarily. This course prepares you to think strategically in an age when companies like Apple, Google, and Microsoft have become more valuable (in market cap terms) than companies like Exxon. Today, business value and competitive advantage arise more often from consumer perceptions of what is "cool" than from physical assets or economies of scale.

In this course -- the first of a three-course specialization tailored specifically for the age of creativity and innovation -- you will gear up for the challenges of strategy formulation and implementation in a 21st century business.

After taking the course, you'll be able to:

- Explain why "doing" strategy is considered "the high point of managerial activity" (Mintzberg);

- Recognize and avoid the old, tired ideas about strategy that are still out there, so you can adopt fresher, better ideas;

- Point out how doing strategy has changed because of advancing technology and globalization;

- Prepare for the Capstone Project for the Strategic Management and Innovation Specialisation

Strategic Management is course 1 of 4 in the Strategic Management and Innovation Specialization.

This Specialization explores the evolving world of business strategy, focusing on the increasingly important roles of design, user experience, and innovation in shaping competitive advantage. You’ll learn about concepts such as goal setting, value creation, global integration, and diversification, and you’ll critique classic theories and frameworks in the context of new business realities. In the final Capstone Project, you’ll create and defend a holistic business strategy in response to a realistic case study prompt.