Management | Strategy
Award in Strategy
This course will look at strategy as an expression of the direction an organisation wants to take, which in turn, is translated into goals and objectives that need to be implemented. Strategic thinking about making informed decisions about the future of an organisation, and about putting forward a plan of action to achieve long-term goals will be explored.
While tools, models, and frameworks will be researched, the emphasis of this module is to challenge the learners to think critically and develop their analytical skills and intellectual appreciation of different schools of thought when exploring strategic options. Learners will be encouraged to evaluate and reflect on a range of business solutions and thus gain an insight into the strengths and limitations of such tools, models, and frameworks. Throughout the module, learners will have the opportunity to apply and carry out analysis and evaluation of strategic options, as well as recognise the challenges of formulation and strategic implementation.
TBC
Start Date
12 - 14 Weeks
Duration
MQF L6
Certification
Malta Business School
Course Provider
€995
Prerequisites
Flexible
Basis
Part-Time
Location
In-Person | Online
Course Fees
€995
What you'll learn
Competences
- Assess current performance taking into consideration the internal and external environment of an organisation
- Monitor and assess the business's current state against future goals to identify areas requiring change
- Develop different strategic options to achieve business goals
- Devise solutions to implementation challenges for the achievement of strategic goals
Knowledge
- Core constructs of strategic planning such as the different levels of strategy, quantifiable progress, short medium and long-term goals
- The key steps in strategic planning include an understanding of the vision, mission and values of the organisation
- The organisational attributes that can be leveraged for success such as tangible and intangible resources, technological assets and human resources
- A range of ways of making value judgements on the suitability of fit between organisational strategy and the current business environment (micro and macro influences)
- How to conduct a strategic gap analysis using a range of tools such as VRIO analysis, Core Competencies analysis, Value Chain analysis and others
Skills
Applying knowledge and understanding
- Effectively conduct a strategic gap analysis and identify opportunities/options
- Propose at least 4 strategic options to achieve business goals
- Select with justification the most suitable strategic option
- Create a workable (SMART) plan to ensure the implementation of the strategic option
Judgement skills and critical abilities
- Evaluate the goals and objectives of an organisation
- Assess the resources and capabilities of an organisation
- Assess the external competitive environment of an organisation
- Criticise the strengths and limitations of the tools, frameworks and models used to arrive to one option
- Evaluate methods to measure the success of the plan
Module-specific communication skills
- Identify and apply the most appropriate way to communicate the strategic plan within a specific organisation
- Use relevant and appropriate terminology when discussing and exchanging views in a business context
- Communicate and articulate their ideas clearly in writing and orally
Module-specific learner skills
- Discuss the need for a strategy
- Discuss common reasons for failed strategy implementation
- Appropriately and accurately apply the Harvard referencing system
- Acknowledge all sources of information
- Individually carry out further research in this area
Module-Specific Digital Skills and Competences
- Search, gather, communicate and share related information using digital resources
- Identify reliable, authoritative, and current digital sources
This award is designed for:
- Adult learners who want to have an immersive learning experience in this area.
- Working professionals, who have been working for a number of years, and who would like to acquire competencies, knowledge and skills in this area of business and management.
- Prospective learners, who already have a Level 4 and/or a Level 5 qualification, and who would like to challenge themselves within this area of business and management, to further develop their expertise.
Opportunities for further studies
Upon successful completion of this Award, you can:
- Take up the opportunity to follow other Awards in different areas of business and management, or
- Follow the Certificate in Business and Management (30 ECTS), and
- This certificate programme will also help you further your studies.
Prerequisites
- Three MQF/EQF Level 4 individual single subject qualifications and at least 18 years of age. or
- One MQF/EQF Level 4 qualification of at least 120 ECTS, or equivalent and at least 18 years of age. or
- A minimum of 2 years of relevant work experience and at least 21 years of age. or
- The MATSEC Matriculation Certificate. This comprises 6 subjects, and includes passes in a language, a science subject, a humanistic subject, and a pass in the subject ‘Systems of Knowledge’. Two of the 6 subjects must be at an Advanced Level, three of the subjects must be at an Intermediate Level and a pass at the ‘Systems of Knowledge’ subject
- A pass (at least Grade 5 of better) in the Secondary Education Certificate examinations in the following subjects: English language, Mathematics, and one other subject
- Other equivalent (international) qualifications will be considered on a case-by-case basis
All learners must have proficiency in the English language (evidence of use of the English language at work, 0-level pass in the English language, English as the national language or mother tongue, or other equivalent foreign qualifications equating to Common European Framework (at B2), such as IELTS (overall score of 6.0 with no element less than 5.5), Cambridge English (overall score of 169 with minimum scores of 162), TOEFL (at 72) and others).
Tutors
Our tutors have excellent experience within their field of expertise as well as the necessary academic background.
Assessment
There are no exams on this programme. The method of assessment to attain this award is based on different methods such as preparing a portfolio of work, building a reflective journal, writing an assignment, and others. The assignment brief is available to you in good time so that you can organise and plan your study time accordingly week by week. You will be guided through the assessment requirements, and you will also receive ongoing feedback throughout the course of studies.
Course Provider
About MBS
It's Mission and Vision:
"Helping adults achieve their personal and professional development goals to create value for themselves, their organisations and their communities. The motto of our school has always been, Applying Knowledge for Success. This means that we not only promote the acquisition of knowledge through various methods of learning, but also aid in the development of our learners’ abilities to apply that knowledge to their careers and personal lives, driving them towards success."
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