Foundations of Business Strategy

Start Date: 09/15/2019

Course Type: Common Course

Course Link: https://www.coursera.org/learn/uva-darden-foundations-business-strategy

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Course Syllabus

Welcome to the first module in the Foundations course. In this module, we'll discuss the meaning and importance of business strategy to an organization's competitive positioning. You'll learn about the strategic analysis and the SWOT, competitor, and environmental analysis tools and then apply these tools in the Google case study. Enjoy learning!

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Course Introduction

Develop your ability to think strategically, analyze the competitive environment, and recommend firm

Course Tag

Capabilities Analysis Business Strategy Competitive Position Strategic Analysis Industry Structure

Related Wiki Topic

Article Example
Michael Lenox Professor Lenox has been teaching and studying strategy for over 15 years. Besides teaching both MBAs and executive MBAs from Fuqua School of Business and from Darden School of Business, Lenox is one of the faculty pioneers to teach business strategy in a MOOC (Massive Online Open Course). His most popular course, Foundations of Business Strategy, explores the theory and frameworks that provide the foundations of a successful business strategy. He gave this course in different platforms such as Udemy and Coursera. As of May 2014, he had more than 200.000 students in his online courses.
Strategy+Business The publication strategy+business is a business magazine focusing on management issues and corporate strategy. Headquartered in New York, it is published by certain member firms of the PricewaterhouseCoopers network. Prior to the separation of Booz & Company (now Strategy&) from Booz Allen Hamilton in 2008, "strategy+business" was published by Booz Allen Hamilton, which launched the magazine, then titled "Strategy & Business", in 1995. Full issues of "strategy+business" appear in print and digital edition form on a quarterly basis, and other original material is published daily on the website: strategy-business.com.
Miklós Palencsár 3B software has been launched in 2014. Its main function is to make the difficult process of business development easier for the managers. The software is able to define the strength and weaknesses of the employees, finds new directions develop the business and lays the foundations of business strategy by identifying personality types. The software will hit the markets at the end of 2014 and it will be the first business development software in the world.
Strategy+Business "Strategy+business" also publishes two major studies each year, based on research conducted by Strategy&:
Strategy+Business “In a sea of management journals, "strategy+business" stands out as interesting, wise, and informative,” said Lynda Gratton, professor of management at the London Business School and author of "The Shift".
Strategy+Business Management expert and best-selling business author Ram Charan noted, “"strategy+business" has become the best business magazine published anywhere, including "HBR".”
International business strategy The three most prevalent philosophies of international business strategy are:
Strategy+Business After a private equity takeover by the Carlyle Group in 2008, Booz Allen Hamilton was split into two entities. At that time, "strategy+business" became the flagship publication of the global commercial firm, Booz & Company (now known as Strategy&). Strategy& is part of PricewaterhouseCoopers, which acquired the former Booz & Company on April 3, 2014.
Strategy+Business “For a true strategy junkie, "strategy+business" is an invaluable resource—lots of great thinking, all in one place. Many of the field’s most important ideas first saw the light of day here,” remarked Rita Gunther McGrath, author of "The End of Competitive Advantage."
International business strategy International business strategy refers to plans that guide commercial transactions taking place between entities in different countries. Typically, international business strategy refers to the plans and actions of private companies rather than governments; as such, the goal is increased profit.
Strategy+Business The late Joel Kurtzman, formerly editor-in-chief of the "Harvard Business Review" and a business editor and columnist at the "New York Times"—together with a group of partners at Booz & Company, then part of Booz Allen Hamilton—founded "strategy+business" in 1995. A collection of Kurtzman’s Thought Leader columns was published in book form, "Thought Leaders: Insights on the Future of Business" (Jossey-Bass, 1997). Kurtzman served as editor-in-chief between 1995 and 1999.
Strategy+Business Randall Rothenberg succeeded Kurtzman, serving as editor-in-chief between 2000 and 2005. Previously, Rothenberg had been an editor of the "New York Times Magazine" and had also served as the newspaper’s advertising columnist. He redesigned "strategy+business", introduced the “Best Business Books” feature, and expanded coverage of the burgeoning electronic media infrastructure. Rothenberg’s first major issue, which was published in February 2000, was titled “E-Business: Lessons from Planet Earth,” and it contained articles that prophesied the dot-com crash that occurred several months later. During Rothenberg’s tenure, the "strategy+business" staff was formally brought into the Booz Allen Hamilton operation; prior to that, the magazine was a standalone, contracted enterprise.
Strategy+Business "Strategy+business" offers a mix of bylined articles by corporate leaders, business thinkers, academics, researchers, journalists, and PwC and Strategy& consultants. The articles are primarily written for chief executives and other senior managers, with the goal of providing ideas and analysis that can serve as the basis for thoughtful action. “Every major strategic decision is a bet on some theory about the way the world really works,” says Editor-in-Chief Art Kleiner on the company's website. “"Strategy+business" explores those bets and the theories on which they are based. Our objective is to be the leading source for the best ideas in global business — and the resource that best serves CEOs and other strategic thinkers who want to achieve enduring results.”
Strategy+Business The "strategy+business" mission statement appears on the magazine’s website. It states that the magazine is published “for decision makers in businesses and organizations around the world. Our purpose is to illuminate the complex choices that leaders face—in strategy, marketing, operations, human capital, governance, and other domains—and the impact of their decisions.”
Strategy+Business By 2002, the firm’s e-commerce businesses had hit serious headwinds, and the future of "strategy+business" was not certain. But Booz Allen’s partners decided to keep publishing it. Rothenberg began developing what he and Cesare Mainardi (then an influential partner in North America’s commercial practice and a former chief executive officer at Strategy&) called the “functional agenda.” They started to build a body of research and practice around six major functions: strategy and leadership; innovation; organizations and people; marketing and sales; mergers and restructuring; and operations. Many of the regular, annual features in "strategy+business"—including the “Global Innovation 1000” survey of top R&D spenders and the “CEO Succession” report on CEO tenure—date back to this effort.
Strategy+Business "Strategy+business" also publishes an annual feature called “Best Business Books,” one of the few places where business books are evaluated and reviewed systematically. Writers of these essays (who select the books in each category) have included Bethany McLean, Catharine P. Taylor"," Theodore Kinni, Frances Cairncross, Marc Levinson, Ken Favaro, Clive Crook, R. Gopalakrishnan, Sally Helgesen, Krisztina "Z" Holly, Walter Kiechel III, Steven Levy, Nell Minow, James O’Toole, Howard Rheingold, Kenneth Roman, Phil Rosenzweig, Michael Schrage, David Warsh, and Dov Zakheim.
Technology strategy Technology Strategy facilitates the attainment of a company's vision through alignment of its information technology strategy with its business strategy.
Strategy visualization Strategy visualization is any kind of (semi-artistic) infographics for visualization of a business strategy.
Behavioral Strategy Behavioral strategy refers to the study of corporate or business strategies from a micro-foundations perspective. This area of study is emerging in the field of management and economics. It considers the role of conscious and unconscious biases of executives, managers, teams, and organizations in strategic decision making. The field is emerging following similar developments in the fields of behavioral economics and behavioral finance.
The Lords of Strategy The Lords of Strategy is a book by Walter Kiechel III, a business journalist, former Editorial Director of the "Harvard Business Review" and former Managing Editor of "Fortune" magazine, which presents the analysis of strategy evolution since the 1960s. The book was published by Harvard Business Press on March 3, 2010.