The contemporary economic climate in South Africa is characterized by change and competitiveness. This climate has generated a demand for administrators with strong theoretical understanding as well as practical business administration capabilities. The Strategic Business Management online course from UCT is designed to provide applicants with important business abilities that will allow them to prosper in a highly competitive corporate environment.
Organizations must stay competitive, adaptive, and robust in order to flourish, and this requires correct planning, execution, and forward-thinking initiatives. The Strategic Business Management Training teaches to apply analytical and innovative thinking to market studies, such as STEEPLE analysis, SELECT framework, Porter’s five-force model, and SWOT analysis.
According to the Strategy&, 70% of Executives believe their vision is unclear about how to add value for consumers. The Strategic Business Management syllabus explains how to implement strategic management techniques by creating a fictional business setting and educates about ready-to-implement company plans that are linked with long-term organisational objectives.
The Strategic Business Management fees are Rs. 71,338 (Incl of all taxes). Candidates will have to pay the fee either at once or in 3 installments. If the candidates choose to pay in installments, an additional 3% cost of the admin fee will be imposed on the total amount. Fee can be paid with the help of EFT/Bank transfer or credit/debit card.
Eligibility Criteria
Certification Qualifying Details
To qualify for the Strategic Business Management certification, candidates must finish the course learning modules and submit all the assignments, projects included in the course along with participating in the case studies, classroom activities, polls, and quizzes. A series of practical tests are used to evaluate the status and performance of candidates. Candidates must meet all the requirements mentioned in the course manual book to qualify for the certification.
What you will learn
Business Management
After completing the Strategic Business Management online training, Candidates will learn how to use a variety of tools to create a strategic management plan as well as an execution plan. Learners will gain the capabilities needed to carry out diverse analysis and understand outside macro-environmental forces. Candidates will have a better understanding of profitable business strength which they can continue to grow and maximise with this course.
Professionals interested in pursuing a career in business administration and want to develop technical skills which can be applied right away at work.
Financial advisors and Stakeholders who want to gain advanced abilities to enable better strategic vision within their organisation can join the course.
Admission Details
For admission in the Strategic Business Management online certification course, follow the steps mentioned below:
Step 1. Go through the link below to visit the course page
Debate the challenges and considerations businesses face in South Africa and Africa
Illustrate the relevance of strategy as a tool in contemporary businesses
Compose a vision and mission statement
Evaluate the differences between vision and mission statements to goal-setting in a specific business environment
Formulate a goal aligned with a vision and mission statement
Evaluate the importance of goal-setting and SMART objectives
Assess the impact of macro-, meso-, and micro-elements on business operations
Categorise the macro-, meso-, and micro-aspects of an industry that a business operates within
Conduct a macro-environmental analysis of an industry, using the STEEPLE principle
Apply the principles of meso-analysis in a given business environment
Distinguish between Porter’s five forces
Identify the 4 Ps of marketing
Compile a market analysis using Porter’s five forces model
Justify the rationale of a micro-level analysis in strategic business management
Conduct a SWOT analysis
Distinguish between strategy and tactics
Discuss the importance of strategic planning
Categorise the different levels of strategy
Analyze how the SELECT framework is used to determine the SCA of a business
Recognize why an organisation needs a marketing strategy
Recommend the most meaningful competitive advantages available for a specific business
Differentiate between the different types of strategies
Define business strategy
Apply Ansoff’s matrix in a business environment
Create a business strategy plan for a specific business using a template
Recommend a strategy selection for a specific business
Develop a business strategy implementation plan for a given business
Evaluate a strategy implementation plan
Distinguish the requirements for effective evaluation
Illustrate the final stages in strategic business management
Identify the four types of strategic control
Assess the evaluation and control process for a given business
Apply the principles of control and evaluation of strategic business management
Assess the challenges to strategic alignment that a business may face
Identify the principles and challenges of strategic alignment
Apply the principles of strategic alignment in a specific business
Debate the social responsibility of strategic planners and senior management
Investigate the importance of sustainability
Recognize the role of social enterprises in the corporate sector
Instructors
UCT Cape Town Frequently Asked Questions (FAQ's)
1: What is strategic management?
Strategic management delivers a general vision by formulating programs and strategies to attain goals and then assigning funds to bring the plans into action.
2: What are the 5 stages of the strategic management process?
Analysis, goal-setting, strategy formulation, strategy monitoring, and strategy implementation are the 5 stages of the management process.
3: What do strategy managers do?
Strategy managers are responsible for assessing a company’s qualities, limitations, organisational performance, and potential and suggest recommendations.
4: What are the 4 elements of management?
Organising, planning, controlling, and leading are the 4 elements of management.
5: Which is the best online course for Business Management?
The Strategic Business Management Training by UCT is the best online course for business management.