Strategic Management


Strategic Management

strategic management course from a top business management school will help you with the following: 

  •  Effectively develop and implement corporate strategies
  •  Set up realistic business objectives. 
  •  Perform daily tasks efficiently
  •  Lead effectively

However, despite the knowledge about the topic, questions still remain. 

  •  What are the other benefits of enrolling in a strategic management course
  •  Why is strategic planning important?

By reading this article, these questions will be answered and you will be able to understand why a strategic management course is an investment worth making

Business organizations and resources

Business organizations and resources define strategic management as the management of resources within an organization to help it achieve its strategic objectives. The strategic planning process and strategic planning models can vary from organization to organization, but regardless of the approach, strategic thinking is vital to any thriving company. 

In this context, some might ask the questions, ‘what is strategy?’ or ‘exactly what is strategic planning?’ 

The strategic planning process involves setting objectives, competitive analysis, assessing the internal organization, evaluating strategies, and taking steps to ensure that the right management structure is in place and corporate management can effectively roll out the approved strategies. 

Proper strategic management requires personnel to identify competitive threats and recognize opportunities wherever they may be. If the company or organization needs to pivot to remain competitive, a change management strategy comes into play. 

Executives in Strategic Management roles are responsible for ensuring that their companies are operating effectively and positioning themselves best for success in their particular marketplaces. As such, those who excel in this area possess a wide range of skills. They often have a certain amount of business training, are adept at analysis and market research, and are talented communicators. 

Strategic Leadership refers to a manager’s potential to express a strategic vision for the organization or a part of the organization, and that to motivate and persuade others to acquire that vision, Strategic leadership can also be defined as utilizing strategy in the management of employees 

Strategic Management plays a crucial role in management decision-making processes, which makes people with strategic management skills highly valuable employees. In this course, you will learn everything you need to know about strategic management, from strategic flexibility and strategic competitiveness to internal and external analysis. By the end of the course, you will have gained a respected skillset and a big boost to your résumé. 

Strategy management teaches you to ensure the company’s resources, in terms of products and services, are used wisely and vested in the most promising opportunities. This is why a good strategy manager will tell you that less is more, as long as it is the best. 

strategic management course is a great refresher of knowledge you’ve acquired during undergraduate studies as well as on-the-job. It helps you ensure you’re up to date on the latest business growth strategies as well as on the newest tools for strategic planning models. This is not about repeating knowledge. 

For example, a strategic management course for new general managers should build cross-functional skills and focus on how to implement corporate strategy across functions. That’s because functions are not isolated from one another, and general managers need to know how all business functions work together. In contrast, a strategic management course for more senior managers will probably focus on international business management and developing new business opportunities. 

A good strategic management course offers strategy management training enhanced with leadership training. Effective leadership skills are an invaluable asset to all aspects of your career and an absolute must for effective implementation and execution of any corporate strategy. 

A strategic management course will give you an opportunity to step back and observe your own leadership style and effectiveness. Leadership exercises and executive leadership coaching help you gain new perspectives and get the “feel” for your leadership skills in a safe and supportive environment 

Finally, taking a strategic management course is as valuable for your company as much as it is valuable for you as an employee. You gain knowledge and deep understanding on how to create a business strategy efficiently. 

Top businesses invest in staff development and expect return on investment. Business management courses offer you the chance to show them that their confidence is well-placed. Some business courses include projects that apply directly to your job. 

Strategic management is a business sub discipline concerned with the coordinating of material and human resources within an organization, in order to achieve long term business goals 

Strategic management is both an art and science of formulating, implementing, and evaluating cross-functional decisions that facilitate an organization to accomplish its objectives  Enhance leadership and management skills at LCPS for immediate impact. Through this course, you will learn the fundamentals to effectively lead people, teams, and manage organizations as well as tools to analyze business situations and develop strategies.

The London College of Professional Studies

The London College of Professional Studies delivers courses in a predominantly online mode but has run blended learning courses at times. All of which lead to internationally recognized courses being achieved. Our own educational aspirations are achieved by the provision of courses from some of the most progressive awarding body’s in the UK and by some of the UK’s best universities. Our diligence and dedication mean that we can provide you with some outstanding education and training. 

Our own educational aspirations are achieved by the provision of courses from some of the most progressive awarding body’s in the UK and by some of the UK’s best universities. Our diligence and dedication mean that we can provide you with some outstanding education and training. Together, our hard work and diligence means that you have a qualification that is well recognized and widely regarded. This facilitates career progression and additional benefits will accrue; like a better salary, more security and you will be appreciated by your employers more who will value your educational attainment. 


Three weeks ago, MPs voted by 344 to 254 against adding a clause to the Withdrawal Agreement Bill that would have required the government to negotiate continuing full membership of the Erasmus programmed after Brexit. Liberal Democrat MP, Layla Moran, who tabled the new clause, said it should have been a “no-brainer”. 

The Erasmus scheme is a European Union (EU) programme that helps students study in other countries. It is also involved in vocational training and work overseas, as well as with teachers who want to work or train abroad. Currently, 53% of UK university students who study abroad do so through the Erasmus scheme (that is around 17,000), while more than 30,000 EU nationals come to the UK. 

The UK is scheduled to leave the EU on 31 January, once the withdrawal agreement passes through Parliament and is ratified in the European Parliament. There will then be a transition period until the end of the year, during which the UK-EU relationship will continue much as it is now – including the Erasmus scheme. That means funding for programmes in the current academic year will continue as before. 

But the Erasmus programme is run in seven-year cycles and the next one will be from 2021 to 2027 and even if the government decides it wants to participate in Erasmus after 2021, it may not be able to negotiate that in time for the start of the cycle, so there could be a period when such programmes are not available for UK participants. 

All this at a time when UK students are increasingly considering the option of studying abroad, particularly since the introduction of higher tuition fees. With UK institutions now able to charge up to £9,000 per year for courses, the cost of studying at home is no longer even significantly less than the cost of choosing to go abroad. 

In contrast to the £9,000 per year charged by UK institutions, studying Germany costs just over £4,200 per year, and France about £5,300. Looking at the figures, it would seem like studying in Europe was a bit of a no-brainer financially. Why graduate with close to £50,000 worth of debt if you can escape with £15,000 just by hopping across to the continent? 

However, the comparison is not quite as clear-cut as it seems. While on the face of it a number of European countries appear to be cheaper places to study, in most countries there are no student loans available to UK students to cover the costs. Students who study at a UK institution are able to access loans that will cover both their tuition fees and their living costs. So although the overall cost may be higher than in some countries in the EU, the upfront cost is much lower. 

Yet, it is not just the idea of saving money that drives students to consider looking outside the UK for an education. In fact, a recent survey found that for 33% the main motivation was actually an appetite for adventure. A further 26% cited a desire to build an international career. 

A growing awareness among young people of the importance of international exposure was also recently noted by a British Council study, which found that one-third of UK adults that had not spent time living or studying abroad felt that it had harmed their career prospects. Among the under-25 age group, 54% believed that a lack of global experience was holding them back. 

Whatever reasons young people have for wanting to study abroad, there is no doubt that it will be significantly more difficult if the UK no longer participates in the Erasmus program. 

Comments (3)

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