Strategic Management is a course that is part of Management. This unit of management focuses on setting the direction for private, public and non-profit organizations manage their resources to achieve their goals and objectives. Activities that include strategic management include setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies, and implementing strategies. It includes.elements of finance, accounting, HR management, marketing, IT as well as strategy.
London School of Business offers Level 7 diploma in Strategic Management. This course mainly focus on knowledge and skills required like generating revenue and cost-cutting strategies, identifying priorities, managing multiple projects and meeting deadlines etc. After completing this course you have several career options to choose:
1. Business development Manager: For this role you have to focus on particular steps required to implement a strategy whether it be mergers, acquisitions, new market opportunities, licensing deals or alliances. A good business development professional is expert at social networking with external potential business partners and is strong in contract discussions and negotiations.
2. Business Analyst : Business Analyst primary objective is to concentrate on an organization’s adaptability, agility, and ability to manage constant change through innovation.Activities for this role are planning,and Monitoring,problem solving etc.
3. Product Strategist : This role requires assessing which product are in demand and what prices should quote for a product. You will conduct research through methods like surveys, polls, focus groups and statistical analysis within the market in which your employer is seeking to launch a product.
These are few career options to list down for a strategic management learner.