Strategic Management and Innovation Specialization

Manage 21st Century Business Strategy. Develop and implement an innovative business approach in just three courses.

Instructors: Robert Austin

Access provided by New York State Department of Labor

60,362 already enrolled

4 course series

Get in-depth knowledge of a subject

4.7

(3,829 reviews)

Beginner level

No prior experience required

1 month

at 10 hours a week

Flexible schedule

Learn at your own pace

4 course series

Get in-depth knowledge of a subject

4.7

(3,829 reviews)

Beginner level

No prior experience required

1 month

at 10 hours a week

Flexible schedule

Learn at your own pace

Skills you'll gain

Details to know

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Taught in English

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Specialization - 4 course series

This Specialization explores the evolving world of business strategy, focusing on the increasingly important roles of design, user experience, and innovation in shaping competitive advantage. You’ll learn about concepts such as goal setting, value creation, global integration, and diversification, and you’ll critique classic theories and frameworks in the context of new business realities. In the final Capstone Project, you’ll create and defend a holistic business strategy in response to a realistic case study prompt.

Strategic Management

Course 110 hours4.7 (4,452 ratings)

What you'll learn

The world of business strategy is in transition. What used to work doesn't anymore -- not necessarily.

This course prepares you to think strategically in an age when companies like Apple, Google, and Microsoft have become more valuable (in market cap terms) than companies like Exxon. Today, business value and competitive advantage arise more often from consumer perceptions of what is "cool" than from physical assets or economies of scale. In this course -- the first of a three-course specialization tailored specifically for the age of creativity and innovation -- you will gear up for the challenges of strategy formulation and implementation in a 21st century business. After taking the course, you'll be able to: - Explain why "doing" strategy is considered "the high point of managerial activity" (Mintzberg); - Recognize and avoid the old, tired ideas about strategy that are still out there, so you can adopt fresher, better ideas; - Point out how doing strategy has changed because of advancing technology and globalization; - Prepare for the Capstone Project for the Strategic Management and Innovation Specialization

Skills you'll gain

Category: Business Strategy

Category: Strategic Decision-Making

Category: Strategic Thinking

Category: Technology Strategies

Category: Strategic Leadership

Category: Business Strategies

Category: Global Marketing

Category: Market Share

Category: Competitive Analysis

Category: Business Transformation

Strategy Formulation

Course 216 hours4.5 (1,463 ratings)

What you'll learn

The purpose of this course is to present, analyze and discuss the different facets of business strategy formulation. Emphasizing that strategy can be seen as a unified theme that provides coherence and direction to the actions and decisions of a firm, we will cover a variety of business strategy topics concerned with firm positioning in the context of different markets, industries and locations.

Skills you'll gain

Category: Business Strategy

Category: Organizational Strategy

Category: Competitive Analysis

Category: Resource Management

Category: Strategic Decision-Making

Category: Market Analysis

Category: Market Dynamics

Category: Global Marketing

Category: Strategic Thinking

Category: Business Planning

Category: Value Propositions

Strategy Implementation

Course 319 hours4.6 (926 ratings)

What you'll learn

Even a thoroughly developed business strategy may fail if you don't pay enough attention to its implementation. This rings particularly true with strategies based on innovation or implemented in complex or fast-changing environments.

In the 20th century successful implementation leveraged stability and typically proceeded through hierarchy and control. Today the key is to stay vibrant and able to quickly respond to trends in competition and technology while not losing sight of the strategic objective. In this course we'll build a toolbox of techniques to execute today's business strategies to help them succeed. After completing this course, you'll be able to: - Create objectives and goals to guide strategy implementation - Identify organizational structures that fit particular strategies - Understand how to leverage company culture in implementation - Describe how to communicate the strategy so that the organization "gets" it - Detect and mitigate risks to implementation

Skills you'll gain

Category: Risk Management

Category: Organizational Strategy

Category: Cross-Functional Collaboration

Category: Culture Transformation

Category: Organizational Structure

Category: Professional Networking

Category: Strategic Communication

Category: Change Management

Category: Organizational Effectiveness

Category: Business Metrics

Category: Goal Setting

Category: Plan Execution

Category: Key Performance Indicators (KPIs)

Category: Business Strategy

Strategic Management - Capstone Project

Course 46 hours4.7 (370 ratings)

What you'll learn

In this capstone project course, we revisit the strategy controversy at e-Types, introduced in the first course in this specialization, Strategic Management, and further analysed in each of the subsequent courses, Strategy Formulation and Strategy Implementation. After revealing, examining, and analyzing what happened at e-Types, we turn to a new set of strategy cases that range in terms of company size, geography, and focus. For your final project, we ask YOU to apply everything you have learned in this specialization to analyze your choice of one of these four situations.