EDP in Advanced Strategic Management & Innovation Batch-3

This program seeks to equip senior working professionals with the requisite skills and knowledge of business to enhance their effectiveness in existing leadership roles and to prepare them for their transition to leadership roles in their organizations.

Course Content

Strategic Management Essentials

• Module: -1 Introduction

• Strategy and Innovation

• Module: -2 Analysis framework

• Industry structure, Understanding the organisation (internal analysis), Tools and Frameworks, (PESTEL, 5 FORCES etc.)

Strategy Formulation

• Module: -3 Growth strategies

• Mergers and acquisitions, Diversification strategy, Strategic alliances, Global business decisions and strategies

• Module: - 4 Competitive Strategies

• Value creation and value chain analysis, Competitive advantage and strategy, Sustaining competitive advantage

Implementation

• Module: - 5 Decision Making

• Bounded Rationality, Cognitive limitations, Strategy as forecasting, Hidden Costs

• Module: - 6 ImplementationScenario Planning

• Balanced Scorecard, Tracking Metrics, Risks & Mitigation, Corporate Governance

• Module: - 7 Leadership

• Transformational Leadership & Change management, Leadership Communication & Stakeholder management, Negotiation & Influence

Innovation and Creativity

• Module: - 8 Individual creativity

• Creativity & Story-telling, Thinking styles, Mind maps, Morphological Analysis,

• Module: - 9 Innovation

• Brainstorming, Design Thinking

Strategy and Innovation

• Module: - 10 Corporate innovation

• Types of Innovation, Corporate Entrepreneurship, Lean methodology, Jobs-to-be-done & Outcome-Driven Innovation, Blue Ocean Strategy, Open Innovation

• Module: -11 Digital Disruption & Innovation

• Technology Disruption & Innovation, Industry 4.0 - AI, ML, IoT, Blockchain, Fintech, Strategy & Innovation in the wake of Disruption

Who Should Attend

• Senior and mid-level managers keen to develop a strategic mindset and transition into high-level strategic leadership roles that drive corporate strategy.

• Consultants seeking to grow their problem-solving and strategic planning skills for improved client management capability.

• Entrepreneurs and small business owners looking for structured strategic insights and best practices from market-leading companies to scale their business.

Course Pedagogy

The above-stated objectives will be attained through:

• A very intensive programme useful from a corporate management viewpoint

• 9-10 months intense learning on the Erulearning direct-to-desktop platform

• Project work

• Lecture Series

• Case methods

• Group work

• Compulsory Capstone Project/Dissertation

Assessment

• Projects, Assignments, Online Exam, Capstone Project/Simulation

• XLRI shall set the papers for examinations and evaluation shall be done by XLRI at its own cost. The faculty members teaching their respective courses will choose the method of evaluation most appropriate to the material.

• Regular Quizzes to be conducted online by XLRI

• Minimum attendance 70%.

Certification

Certificate of Completion for participants successfully passing the evaluation criteria. Certification of participation for the rest