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Strategic Management - Courses and Colleges
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Highlights
Strategic Management is a set of managerial skills used by an organization to do a better job and helps in determining mission, vision, values, goals, objectives, roles and responsibilities of the organization. Strategic planning is a disciplined and organized activity to take fundamental decisions and actions that help in shaping the future of an organization.
Firms need to take some key decisions to survive.
Courses
A Strategic Management course focuses on how to develop and implement effective business and corporate strategies. As a strategic management specialist you are required to analyze factors responsible for formulation of enterprise strategy keeping in mind the long term objectives and goals, SWOT analysis, critical appraisal of resources and the personal goals and aspirations of managers.
Strategic management process should have flexibility so that it could be adapted to environment and market volatility.
A Strategic Management program equips one to incorporate functional considerations in corporate decision making situations. It also teaches the individual to make a careful analysis of environment, industry, competition, and cost.
Career Scope and Job Prospects in Strategic Management
- Strategic Outsourcing Consultant
- Strategic Project Manager
- Strategic Planning Manager
As a strategic planner you can work as internal consultants within the company. You may work on temporary assignments within a business unit or on a long-term position within a central strategic planning unit of a large corporation. As an entry-level planner you will be required to work on assignments under the direction of a more senior member of the group. Work of a strategic planner involved gathering and analyzing data, preparing results for presentation to senior management. As a vice president of strategic planning you will work with members of the executive committee (the CEO, president, CFO, COO) on long term goals of the company.
Top 10 Colleges/Institutes for Strategic Management
| No. | College/Institute |
|---|---|
| 1 | IIM - Bangalore |
| 2 | IIM - Ahmedabad |
| 3 | IIM - Calcutta |
| 4 | IIM - Indore |
| 5 | SP Jain Institute of Management and Research - Mumbai |
| 6 | IIM - Lucknow |
| 7 | IIM - Kozhikode |
| 8 | International Management Institute - Kolkata |
| 9 | Vellore Institute of Technology - Tamil Nadu |
| 10 | IIM - Tiruchirappalli |
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