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MBA - Strategic Management - Recognising and Adapting to Industry Change
Hans Weemaes

Understand the type of industry change and the value curve framework through the history of bookselling

Summary

Price
£19 inc VAT
Study method
Online, On Demand
Duration
1.6 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed courses certificate of completion - Free
Additional info
  • Tutor is available to students

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AI overview

AI generated content may contain mistakes

This course focuses on the framework of value curves, explaining what they are and how to use them to recognize and adapt to industry change. Through real-world examples, you'll learn to anticipate changes and develop effective strategies, equipping you with essential strategic management skills.

What you'll learn
  • Understand the types of industry change occurring
  • Learn how to react to industry changes
  • Apply the strengths and limitations of the 'value curve' framework
  • Avoid the 'big trap' when responding to industry change
Who the course is for
  • Prospective MBA students, employees, managers, and executives interested in managing industry change
  • No prerequisites, but other courses in the Strategic Management series could be useful
Key features
  • Suitable for learners wanting flexibility
  • Available online via Reed Courses Learning On Demand with immediate start
Skills & outcomes
  • Skills-based course designed to build practical knowledge on strategic management
  • Enhance your business acumen and become a more effective leader

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Overview

The importance of strategic management needs little introduction.

It equips decision-maker with tools to anticipate changes and to direct the organizational activities along the right path. When done well, is important for a business' long-term success.

This course is part of the overall series on strategic management focuses on industry evolution and change.

This 45 min lesson focuses on “How do you recognise industries change and how can you develop an effective strategy in response” This topic is a recurring theme for CEO’s and their executive teams. They all realize that industries change, and that they have to respond. To think clearly and in a structured way is crucial to this.

Certificates

Reed courses certificate of completion

Digital certificate - Included

Will be downloadable when all lectures have been completed

Curriculum

3
sections
8
lectures
1h 36m
total

Course media

Description

In this lesson, we focus on the framework of value curves. We explain what they are and how to use them. We use some great examples to make this story come to live. The main case is about how the bookselling industry has changed, and the strategic response of the players.

We look at Barnes & Noble and Amazon in particular, but also have a case of the Sinclair C5 and the airline industry. This story is particularly relevant professionals and high potential employees. The ability to think strategically is one of the most important leadership traits you can have. It also makes you a highly effective leader.

A good understanding of Industry Change applies to all industries, and particularly in rapidly changing industries or are ready to be disrupted.

There be some tangible outcomes;

  • You will understand the types of industry change occuring

  • You will understand how you can react to them

  • You will understand the strengths and shortcomings of the “value curve” framework, and how to apply it to any industry

  • You will understand the “big trap” and how to avoid it.

  • You will continue to build a strong foundation and develop strategic management skills by taking this courses and other in the series.

How will this help you?

It will equip you with tools to anticipating changes and directing the organizational activities You will be able to confidently speak about industry change with anybody at any organisational level. You will feel more confident about Strategic Management frameworks and how to apply it.

I want you to become knowledgeable on and a a better leader. Within 1 hours, you will upgrade your knowledge and skill base on this. It’s my pleasure to share this with you and I hope you will find this course and series interesting and meaningful.

Who is this course for?

Prospective MBA students

Students, Employees, Managers and Executives with an interest in managing industry change

Requirements

No prerequisites for this course. The other courses in the Strategic Management series could be useful

Career path

Useful for anyone aspiring to become a better leader, and to deepen their understanding on how to recognise industry change. Whether it's to start or advance your career, it will enhance your business acumen.

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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