Discuss how your understanding of strategy changed throughout the course;
From the various lessons learned about strategy, my knowledge of the topic has grown tremendously. I now know that strategy is an action or a set of actions and decisions taken by businesses o corporations to position the business on the competitive edge and improve their performance.
Discuss what you learned from reading and what you learned from your classmates;
From the course readings, I gained a deeper understanding of essential business disciplines that can be applied to position a business strategically and sustain its competitive advantage. I gained knowledge of the factors in the internal and external environments and how they can affect the business’s performance. Besides, I learned about the various theories of strategic management, including the Mintzberg and Porter theories and their application. From responding to discussions from my classmates, I gained different views on strategic management and increased my understanding of the subject. My strategic analysis capabilities have greatly improved after working closely with my classmates on discussions about SWOT analysis. I have learned how to implement various strategies and analyze different business environments to identify business strengths, weaknesses, opportunities, and threats.
Provide any feedback to improve the future course – what is right and what could be enhanced.
I found the theory lessons to be very informative. I found the use of short videos to be very interesting, and the readings provided on strategic management. All the reference materials, textbooks, and videos offered beneficial information and have played massive roles in increasing my depths of knowledge in business strategy. The course provided learners with an insightful overview of business strategies applied in the past and the evolution that has taken place yielding the current strategies.