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Introducing a framework for strategy

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If you are currently engaged in strategic decision-making, or will be in the future, this free course, Introducing a framework for strategy, will stimulate your imagination and inform your judgement. An understanding of the frameworks of strategy and an ability to use them imaginatively will help your organisation survive in the longer-term and perform its role more effectively.

After studying this course, you should be able to:

  • distinguish between different approaches to strategy making
  • distinguish between strategic and operational issues
  • recognise the different organisational levels at which strategy operates
  • appreciate the links between the stages of the strategy process: analysing, choosing and implementing strategy.

By: The Open University

  • Duration 10 hours
  • Updated Friday 8th April 2016
  • Advanced level
  • Posted under Business Studies
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Introducing a framework for strategy

Introduction

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Strategy is messy. This unit demonstrates how the processes of analysing, choosing and implementing strategy, rather than being linear and rational as they first appear, are actually inter-related and iterative. Introduce into the mix the four pressures of industry dynamics, globalisation, risk and ethics, and the dynamics of strategy begin to emerge.

This OpenLearn course is an adapted extract from an Open University course BB835 The dynamics of strategy [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .

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