Self-Study: Approach to Strategy

Overview

Business strategy comes from internal and external forces. A formal and planned strategy approach implies that, during the analysis and evaluation of strategic options, every possible strategic option is considered. For some organizations, this is not practical, and various alternative approaches are practiced. In this course, you will learn how to set a formal strategic process as opposed to having an informal (or freewheeling) plan.

Highlights

• The strategy process
• Alternative approaches to strategy

Prerequisites

None.

Designed For

Global accounting and finance professionals, Management accounting professionals, Controllers, Finance directors, Finance vice presidents, and CFOs.

Objectives

• Analyze the formal approach and process of strategic management.
• Analyze different approaches to strategy formulation.

Preparation

None.