Understanding Strategic Management
- recognize the importance of understanding strategic management
- match the key elements in business strategy to their strategic steps
- match corporate and competitive strategies to their examples
- identify the reasons why operational effectiveness alone is insufficient for organizational success
- match strategic positioning types to their examples
- match the five phases in the evolution of strategy development to their examples
- match each strategic management school of thought to its distinct characteristics
- identify examples of the steps of strategy formulation
Strategic Thinking in Action
- recognize the benefits of strategic thinking
- recognize the insight-based approaches to strategic thinking
- match the five strategic thinking competencies to their examples
- match the competencies for transforming strategic thinking into action to their examples
- identify examples of questions used to define a strategic position
- identify examples of the steps used to prepare for strategic innovation
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