Effective Strategy Formulation

Overview

Equip yourself with the knowledge and skills to achieve sustainable competitive advantage and growth in your business. By focusing on key elements of business strategy formulation, this course will develop your ability to evaluate, design, and implement value-creating strategies using strategic formulation concepts, techniques and frameworks. Your professor will employ a highly interactive learning approach to enhance your ability to “ask the right questions” in the context of developing strategy – a critical skill for any successful leader.

Who Should Attend

Leaders at all levels

Program Takeaways

• Explore the factors and benefits of strategy formulation that make an industry attractive and profitable

• Understand the implications the nature of an industry has on an organization’s strategy and advantage

• Learn how a company builds advantage over rival companies

• Evaluate alternative competitive positions and associated tradeoffs

• Consider main issues executives need to take into account when creating a winning strategic formulation

• Explore multiple approaches to growth and the benefits and costs of specific growth strategies

Rice Business Wisdom

Rice Business Wisdom is our online ideas magazine that features faculty research.