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Strategic Thinking and Decision Making: Nokia Case

Strategic Thinking and Decision Making Nokia Case

Strategic Thinking and Decision Making: Nokia Case Obtain

Develop into an individual of balanced view in strategic choices based mostly on instinct and info leveraging IT instruments and strategies

Strategic Thinking and Decision Making Nokia Case

What you’ll study
  • You’ll perceive why Nokia misplaced the smartphone battle however received 5G battle?
  • You’ll derive case-based studying to use in your small business evaluation and decision-making
  • You’ll have instruments and expertise to construct and maintain aggressive benefit
  • It is possible for you to to watch and consider applied methods
  • It is possible for you to to do choices based mostly on evaluation of the exterior and inside atmosphere and determine SWOT of the agency and thereby formulate methods for enterprise;
  • It is possible for you to to ascertain and consider mission assertion, long run goal, imaginative and prescient, and short-term plan for the enterprise;
  • You’ll perceive when to give attention to price and when to give attention to differentiation
  • You’ll perceive enterprise degree and company degree technique and associated determination making
  • It is possible for you to to make use of confirmed technique frameworks: Blue ocean, aggressive technique, BCG framework, and GE Frameworks
  • It is possible for you to to determine underneath uncertainty reminiscent of #Covid19
  • It is possible for you to to guage it proper the pre-implementation and implementation part
  • You’ll construct expertise to handle technique as a change course of
  • Anybody in analyst place or managerial or senior administration place would profit from this course

I really feel honoured to state that I have crossed 12,000 college students mixed in all programs I provided in UDEMY and have been in a position to maintain the score past 4.0. Based mostly on my understanding of Nokia as an insider, outsider, and academician I make clear the essential tenets of strategic administration with an illustration from Nokia and telecommunication plus software program business. This not solely permits college students to have a holistic perspective of strategic administration, but in addition an understanding of the bottom actuality that how tough it’s to forecast future and be proper on a regular basis. Managing underneath uncertainty turns into simpler with the strategy taken within the course. Whereas doing a fast survey of programs in #Udemy, I discovered that both they’re too tutorial or too practitioner oriented. To fill this hole, I have saved theoretical angle whereas utilizing Nokia as a case as an instance the strategic pondering and determination making.

It is possible for you to to do strategic evaluation in a scientific method based mostly on inside and exterior evaluation. In inside evaluation you’ll perceive Porter’s worth chain evaluation and in exterior evaluation it is possible for you to to use Porter’s 5 forces evaluation. Additionally, we contact upon Blue Ocean Technique.

As soon as the evaluation is completed, we transfer on producing choices and options and utilise Boston Consulting Group’s matrix, GE matrix and Grand Technique Matrices in making proper choices.

As soon as technique is chosen, constructing a tradition and institutionalising the technique turns into a key subject. We contact upon structure-conduct-performance strategy.

Analysis of technique applied based mostly on a benchmark and constructing a suggestions loop by way of management turns into a essential a part of the method.

You’ll develop important pondering downside fixing expertise with inside and exterior environmental evaluation, SWOT evaluation, and different instruments.

You’ll perceive framework on easy methods to determine underneath uncertainty. You’ll develop a complete understanding of easy methods to do strategic planning, implementation, analysis, and management.

You’ll perceive how technique consultants work and should you aspire to be the identical in some unspecified time in the future in your profession, you might be able to plan that profession as properly.

After listening to early pupil clients from Indian subcontinent, I have added a contemporary new case of Reliance Jio. This case summarises and provides a glimpse of the entire course as utilized by Reliance Jio.


Who this course is for:
  • Practising managers or entrepreneurs
  • BBA and early MBA college students
Strategic Thinking and Decision Making: Nokia Case Obtain

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