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  • BUS501: Strategic Management
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  • Advanced Strategy
    Course Introduction
    Course Syllabus
    Unit 1: Introduction to Strategy
    1.1: Definition
    Introduction to Strategic Management
    Identifying Strategy
    The Art, Science, and Craft of Decision-Making
    1.1.1: Strategy
    Ask the Right Questions
    1.1.2: Markets
    Market Structure
    Other Market Structures
    Perfect Competition
    Monopoly
    1.1.3: Firms
    Pricing and Firm Objectives
    Developing Organizational Objectives and Formulating Strategies
    1.2: Strategic Hierarchy
    The Hierarchy of Strategies
    1.3.1: Industry Classification Systems
    North American Industry Classification System (NAICS)
    SIC Division Structure
    1.3.2: Porter's Five Forces
    Developing Strategy through External Analysis
    Porter's Five Forces
    The Five Forces of Industry Competitive Advantage
    Study Sessions
    Study Session: Unit 1, Part 1
    Study Session: Unit 1, Part 2
    Study Guide: Unit 1
    Unit 1 Assessment
    Unit 1 Assessment
    Unit 1 Written Exercise
    Unit 2: Strategic Planning
    2.1: Organizational Goals
    Lao-Tze's "Tao Teh King"
    Developing Mission, Vision, and Values
    Developing Vision and Mission Statements
    Strategic Planning and the Final Product
    2.2: SWOT Analysis
    SWOT Analysis
    An Overview of SWOT Analysis
    How to Conduct a SWOT Analysis
    Strategic Management in the P-O-L-C Framework
    Strengths, Weaknesses, Opportunities, and Threats
    2.3: PEST Analysis
    How to Conduct a SWOT Analysis with a Strategic Orientation Round
    PEST Analysis
    PESTEL: A Framework for Considering Challenges
    2.4: Factors of Success
    Making Strategy Effective
    Study Sessions
    Study Session: Unit 2, Part 1
    Study Session: Unit 2, Part 2
    Study Guide: Unit 2
    Unit 2 Assessment
    Unit 2 Assessment
    Unit 2 Writing Exercise
    Unit 3: Creating Competitive Advantage
    3.1: Competitive Advantage
    Generic Strategies for Competitive Advantage
    Competitive Advantage
    The Value Chain
    3.2: Types of Competitive Advantage
    Towards a Dynamic Theory of Strategy
    Porter's Competitive Strategies
    Understanding Business-Level Strategy through "Generic Strategies"
    The Delta Model
    3.3: Total Quality Management
    Business Fundamentals
    Study Sessions
    Study Session: Unit 3, Part 1
    Study Session: Unit 3, Part 2
    Study Guide: Unit 3
    Unit 3 Assessment
    Unit 3 Assessment
    Unit 3 Writing Exercise
    Unit 4: Corporate Strategy
    4.1: Growth Strategies
    Sun Tzu's "The Art of War"
    Growth Strategy
    Growth Strategies for Start-Ups
    4.2: Retrenchment
    Corporate Strategies
    Strategies for Getting Smaller
    4.3: Corporate Strategy Selection
    The GE Approach
    Study Sessions
    Study Session: Unit 4, Part 1
    Study Session: Unit 4, Part 2
    Study Guide: Unit 4
    Unit 4 Assessment
    Unit 4 Assessment
    Unit 4 Writing Exercise
    Unit 5: 21st-Century Strategy
    5.1: Enterprise Culture
    Globalization and Unemployment
    Competitive Advantage and the Value Chain
    5.1.1: Socialization
    Organizational Culture
    5.1.2: Managerial Theories
    MacGregor's Theory X and Theory Y
    Ouchi's Theory Z
    5.2: Innovation
    Digital Disruption or Technology Enabled Strategy
    5.2.1: Sustained Innovation
    A Four-Part Recipe for Sustaining an Innovation Pipeline
    5.2.2: Innovator's Dilemma
    Understanding the Innovator's Dilemma
    5.2.3: Research and Development
    The Diffusion of Innovation
    5.3: Global Strategy
    What Is International Trade Theory?
    Advanced Strategy
    Study Sessions
    Study Session: Unit 5, Part 1
    Study Session: Unit 5, Part 2
    Study Guide: Unit 5
    Unit 5 Assessment
    Unit 5 Assessment
    Unit 5 Writing Exercise
    Study Guide
    BUS501 Study Guide
    Course Feedback Survey
    Course Feedback Survey
    Certificate Final Exam
    BUS501: Certificate Final Exam
    Option 2: Saylor MBA Entrance Exam
    Archived Materials
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  1. BUS501: Strategic Management
  2. Unit 5: 21st-Century Strategy
  3. 5.3: Global Strategy
  4. Advanced Strategy

Advanced Strategy

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Review this presentation. How can organizational competencies be used as a competitive force?

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Saylor Academy © 2010-2025 except as otherwise noted. Excluding course final exams, content authored by Saylor Academy is available under a Creative Commons Attribution 3.0 Unported license. Third-party materials are the copyright of their respective owners and shared under various licenses. See detailed licensing information. Saylor Academy®, Saylor.org®, and Harnessing Technology to Make Education Free® are trade names of the Constitution Foundation, a 501(c)(3) organization through which our educational activities are conducted.