They say that if you want to improve your strategy or your method of operating your company, you have to look at it from the perspective of others who are already successful. It is only with their experiences and how they did it that one can come up with a system that will work for them. This is the most effective way of improving your strategy because you get valuable insights from other people’s experiences.
Since strategic management has been used in the business world for decades, there are many books and guides that explain it. However, the process itself is quite complex, especially for newcomers. In fact, there are some who question its value because the strategies and principles within these books are not fully elaborated upon.
Their main premise is that most of what you have learned about strategic management have been learned from the experiences of others. Hence, you can easily apply what you learn to your business but cannot apply the strategies to your organization. For this reason, the authors decided to create this course and do it on the Internet.
The site offers a plethora of tools and other resources that help the learners in exploring and learning about the course. The newbies can also access a private forum where they can interact with other newbies who also need to work through the course. The site includes free support for the learners. These tools and resources are useful for the newbies as well as the veterans.
They’re all available for the site for members and there is no charge for the course. There are no restrictions as to what the learners can do with the course materials. There are no material limits as to what one can do in terms of personal use.
The partners of the Harvard Case Study Solution of Strategic Management are a team of well-respected professors and experts who have contributed greatly to the development of the course. This is not to mention the other consultants who helped refine the concepts of the course so that it can be used effectively in the business world.
Before a newbie learns about the principles and strategies of strategic management, they have to understand what they mean and what they aim to achieve. What is the goal of the course? How does the learner to approach his or her plan of action?
Successful teams, such as those who work together at Harvard and other schools that have implemented the strategy of strategic management, realize that without unity, effectiveness cannot be achieved. Being aware of the two-way street concept, they understand that the solutions they want to achieve cannot be acquired without the cooperation of the other participants in the process.
Thus, they establish a collaborative relationship between themselves and the other parties in the process, not just to work together but to work in a mutually beneficial way. Strategic management can be implemented with the help of these principles.
One of the objectives of the course is to help the participants achieve that long-term goal of the company’s leadership. This will allow the company to continue to grow in the future, to maintain its own strengths and to adjust to changes in the competitive market.
It is all about the newbie learns and apply the skills he or she learned from the course. Therefore, it is important to ensure that the strategies that they are implementing are aligned with the goals of the organization.