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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

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 Highlights

  • 7-10 hours per week
  • Downloadable resources
  • Course provider Getsmarter
  • University of Cape Town offering
  • Split option of payment
  • Online learning
  • Shareable certificate
  • 10 weeks duration
  • Self-paced learning
  • Projects and assessments

Programme Offerings

  • video lectures
  • Infographics
  • Live polls
  • Offline resources
  • Self-paced learning
  • Case Studies
  • online learning
  • quizzes

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesUCT Cape Town

Fee type

Fee amount in INR

Strategic Business Management fees

Rs. 71,338 (Incl of all taxes)

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.


Who it is for

  • 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

(https://www.getsmarter.com/products/uct-strategic-business-management-online-short-course)

Step 2. To start the registration process, click the ‘Register Now’ button

Step 3. Read the terms and conditions and agree with them to proceed

Step 4. Make an account by filling in the personal address

Step 5. Fill in the billing address details and sponsor details if any

Step 6. Pay the fee amount and begin the session

The Syllabus

  • Discuss the importance of strategic business management
  • Define strategic business management
  • Differentiate between the importance of vision, mission, goals, and objectives in a business
  • Apply the strategic management process in a hypothetical business environment

  • Describe how the theory of strategy has evolved
  • Identify the origins of the strategy
  • 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.

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