EXSCMA 5698 - SMT Business Planning
1027191
Language of Delivery
English
Delivery Options
Online - Synchronous
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Course Description
Every department has a critical role to play in delivering an organization's strategy. This seminar provides an overview of strategic planning in an organization and the basic elements of a strategic analysis (SWOT). The Porter 5-forces model for analyzing the competitive environment will be introduced. Topics covered include critical success factors, strategic maps and company positioning, and strategic models (low-cost, differentiation, niche). Discuss how to develop a strategic plan in a supply management role and the linkages between the strategic plan and a budget.Learner Outcomes
By the end of this course you should be able to:
- Define strategy; List and describe the role of strategy relative to the organizational hierarchy and alignment through the hierarchy;
- Discuss two models used to describe business level strategy;
- List and describe the steps within strategy formulation, including situational analysis tools such as SWOT (strength, weakness, opportunities and threats), fishbone analysis, Porter’s Five Forces and others;
- Identify the critical success factors of implementing a business plan, including financial budgeting and;
- Describe supply management’s role within the strategic process.
Recommendations
Applicants intending to complete a program are encouraged to apply as soon as possible to lock in their course requirements.Applies Towards the Following Programs
- Supply Chain Canada Diploma : Business Management Knowledge Seminars
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