Developing Strategic Business Models Course
Overview
Do you know your organization’s strategy? If so, how well does it serve your customers? Your employees? And will it scale into the future? These are vital questions to ask, whether you’re a first-line worker or a senior executive.
Every organization has three layers – the functional, the divisional, and the corporate. The most effective organizations use strategic models to align these layers around the senior leadership’s vision, values, and goals. When everyone is moving in the same strategic direction, organizations create meaningful outcomes for their stakeholders – both internally and externally.
This course on Developing Strategic Business Models will help you to evaluate your organization’s strategic models and provide the tools and techniques you need to create strategic alignment at every level of the business.
What You’ll Learn
Optimizing First-Line Performance Through Strategic Planning
- Utilize tools and techniques, including PESTLE, competitor, segmentation, and value chain analyses to gain a better understanding of your functional strengths and weaknesses
- Analyze existing business processes to ensure alignment with external drivers of change
- Develop goals and objectives to align the organization with senior leadership’s broader vision, purpose, and goals
- Complete a SWOT analysis to create actionable objectives for functional leadership
Aligning Functions within Strategic Business Units with the Overarching Corporate Vision, Purpose and Key Goals
- Gain tools, models and methods to translate the organizational vision into functional goals
- Interpret and develop aligned goals and objectives to meet the needs and requirements of individual teams and functions
- Recognize your most valuable resources for strategic synchronization – things like precise market research, strong relationships with suppliers, and more
- Re-new or Stabilize an Organization.
Understanding Corporate Strategy and How to use the Models to Grow, Stabilize, or Renew an Organization
- Gain different tools and techniques for maintaining a healthy organization – like resource allocation, capital distribution, portfolio analysis, and more
- Recognize the nine critical roles that corporate strategists embody in successful organizations
- Utilize the three primary levers of corporate strategy – vertical/horizontal integration, empowerment, and diversification
- Analyze the makeup of your own organization and identify its specific strategic needs
Future-Proofing Organizational Strategy
- Recognize the critical strategic questions that all employees must ask – regardless of their role in an organization
- Understand how the organization’s strategy is serving your aspirations (and the aspirations of those around you)
- Explore current trends in organizational strategy – around organizational structures, technological infrastructure, training and development, and sustainability
- Analyze stakeholder capitalism, one of the most powerful strategic models in business today
Who Should Register
- New senior managers needing to go beyond their functional area skills to applying strategic thinking skills as they become more proactive towards customer needs and develop departmental and organization-wide strategies in a senior leadership position.
- First-line managers and middle managers tasked with greater departmental strategic responsibility and needing a deeper understanding of meeting customer needs, and combining macro-strategy, micro-strategy, and competitive strategy within their department and align with the organization’s overall strategy, vision and goals.
- Senior-level executives and people leaders who are looking for more formal strategy development and change management education to proactively connect with customers, and build resiliency, agility and infuse new thinking within their teams and the organization overall.
Curriculum
4 Week Course
Functional Strategy
- Functional Strategy
- Tools of a Functional Strategist
Divisional Strategy
- Divisional Strategy
- Tools of a Divisional Strategist
Corporate Strategy
- Corporate Strategy
- Tools of a Corporate Strategist
The Strategy of Today and Tomorrow
- Your Strategy Today
- The Future of Strategy
If you’re going to pay by credit card, you can either get started with installment payments or pay in full. Just let your enrollment representative know the option that work best for you.
Corporate and Military Tuition Assistance
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Corporate and Military TA
Corporate tuition assistance is paid by your employer. You will need to provide appropriate forms for processing, prior to enrollment. Air Force tuition assistance is available for active-duty service members. You will need to provide a valid military tuition assistance voucher. Both TA options are subject to employer benefit policies.
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Deferred Corporate TA
Pay tuition now and have your employer reimburse you. Additional documentation will be needed to process this payment. Subject to employer benefit policies.
Military Benefits
Active Duty
Michigan State offers a 15% savings, per certificate course, to active-duty servicemembers, Guardsmen and Reservists (upon verification of military status).
Veterans
Michigan State offers a 15% savings, per certificate course to veterans (upon verification of military status).
Spouses and Family
Michigan State offers a 15% savings, per certificate course, to active-duty servicemembers, veterans, Guardsmen, Reservists and their spouses and dependents (upon verification of military status).