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Course Description
This course provides SMEs with insight on strategic key aspects, critical success factors and challenges of running a business. It will introduce the strategic tools for operating SME business in the local and foreign markets. It will help SMEs assess the importance of identifying target market, product differentiation, competitive positioning, internal capabilities and partnership opportunities. In addition, SMEs will learn strategic management models and theory specific to SMEs.
Learning Outcomes
Upon successful completion of this course, SMEs will be able to:
1. gain knowledge of systems and techniques to manage and strategically position their business
2. evaluate market opportunities, conduct SWOT analysis, analyse target customers, assess competitors and potential strategic partnerships
3. learn about tools for assessing foreign markets and strategic evaluation models in Africa
4. understand the challenges and the unique position in contrast to larger organizations
5. identify and analyze factors for successful strategies as well as reasons for failure based on specific case studies
6. understand the importance of strategy for growth, sustainability and innovation
7. understand customer centricity and having an outside-in perspective
Syllabus
Module 1 – Understand the importance of defining the right strategy in a fast changing world and to apply specific tools, models and processes
Module 2 – Defining a winning strategy – cascading choices, market positioning, SWOT Analysis, market analysis
Module 3 – Measuring and understanding your customer
Module 4 – Innovation Management and having an Innovation Culture
Module 5 – Key success factors that contribute to high growth and how to manage a high growth company
Module 6 – Customer Experience Value (CXV)
Course Curriculum
Module 1- What is Strategy | |||
What is Strategy Details | 00:00:00 | ||
Module 2- Scenario Planning | |||
Scenario Planning Details | 00:00:00 | ||
Module 3- External and Internal Assessments | |||
External and Internal Assessments Details | 00:00:00 | ||
Assignment 1 | 360, 00:00 | ||
Module 4- Strategic Management | |||
Strategic Management Details | 00:00:00 | ||
Assignment 2 | 360, 00:00 | ||
Module 5- Competitive Advantage | |||
Competitive Advantage Details | 00:00:00 | ||
Assignment 3 | 359, 00:00 | ||
Module 6- Expanding your Business | |||
Expanding your Business Details | 00:00:00 | ||
Assignment 4 | 360, 00:00 | ||
Case Studies and Articles | |||
Case Studies Details | 00:00:00 |
My Review
I love the way the videos were short , concise and simplified . However i don’t understand why i couldn’t submit my assignment 3 and 4 since it is self paced . Assignment 4 said it is expired , that was very strange for me because i was able to answer assignment 1 and 2