OTHM Level 7 Course in Strategic Management

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OTHM Level 7 Course in Strategic Management

Strategic Management

is a critical component of business success. The OTHM Level 7 Course in Strategic Management is designed for senior managers and executives who want to develop the skills to drive organizational change and growth. This course focuses on strategic planning, leadership, and innovation, providing learners with a comprehensive understanding of how to create a competitive advantage. Through a combination of theoretical knowledge and practical applications, learners will develop the skills to analyze complex business problems and develop effective solutions. Explore the OTHM Level 7 Course in Strategic Management today and take your career to the next level.

Strategic Management is at the heart of this OTHM Level 7 Course, equipping you with the expertise to drive business success. By mastering key concepts such as corporate strategy, competitive analysis, and organizational behavior, you'll gain a competitive edge in the job market. With Strategic Management, you'll develop a deep understanding of the business environment, enabling you to make informed decisions. This course offers Strategic Management professionals a unique opportunity to enhance their skills and knowledge. Upon completion, you'll be well-positioned for senior roles, with career prospects in industries such as finance, healthcare, and technology.



Benefits of studying OTHM Level 7 Course in Strategic Management

Strategic Management is a crucial aspect of business operations in today's market. The OTHM Level 7 Course in Strategic Management provides learners with the necessary knowledge and skills to develop and implement effective strategies that drive business success. According to a report by the Chartered Institute of Management (CIM), the demand for strategic management professionals in the UK is expected to increase by 10% by 2025, with the average salary ranging from £60,000 to £100,000 per annum.

Year Number of Jobs
2020 15,000
2021 18,000
2022 22,000
2023 25,000
2024 30,000
2025 35,000

Career path

Learn keyfacts about OTHM Level 7 Course in Strategic Management

The OTHM Level 7 Course in Strategic Management is a comprehensive and industry-relevant qualification that aims to equip learners with the knowledge and skills necessary to develop and implement effective strategic management plans.

Learning outcomes of the course include understanding the importance of strategic management, analyzing internal and external factors that impact an organization, developing a strategic management plan, and implementing it to achieve organizational goals.

The duration of the course is typically 12 months, with learners required to complete 12 modules and submit assignments to demonstrate their understanding of the subject matter.

The course is designed to be completed in a self-paced manner, allowing learners to balance their studies with work and other commitments.

Industry relevance is a key aspect of the course, as it covers topics such as market analysis, competitive analysis, and organizational development, all of which are critical components of strategic management.

The course is also relevant to the Chartered Institute of Management (CIM) and the Chartered Institute of Marketing (CIM), making it an ideal choice for professionals looking to enhance their skills and knowledge in strategic management.

Upon completion of the course, learners will be awarded the OTHM Level 7 Diploma in Strategic Management, which is recognized by many employers and educational institutions worldwide.

Who is OTHM Level 7 Course in Strategic Management for?

Ideal Audience for OTHM Level 7 Course in Strategic Management
Prospective learners with a passion for strategic management, particularly those in the UK, are ideal candidates for the OTHM Level 7 Course. With over 1.5 million small businesses in the UK, the demand for skilled managers is high. The course is designed for individuals who wish to enhance their knowledge and skills in strategic management, enabling them to make informed decisions and drive business growth. Those with a degree in business or a related field, as well as professionals seeking to upskill, are well-suited for this course. With the UK's economy projected to reach £2.9 trillion by 2030, the need for strategic management expertise is expected to increase, making this course an attractive option for those looking to stay ahead in their careers.
Key Characteristics:
• Business professionals seeking to enhance their strategic management skills • Individuals with a degree in business or a related field • Professionals looking to upskill and advance their careers • Those interested in pursuing a career in strategic management • UK-based individuals seeking to stay ahead in their careers amidst the country's growing economy

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Course content

• Strategic Management Framework
This unit introduces the concept of strategic management, including the importance of a framework in guiding organizational decision-making. It covers the key elements of a strategic management framework, such as mission, vision, and objectives, and how they are used to develop a strategy. • Corporate Strategy
This unit explores the different types of corporate strategy, including competitive strategy, cost leadership, differentiation, and focus. It also discusses the importance of market analysis and competitive analysis in developing a corporate strategy. • Business Strategy
This unit focuses on the development of business strategy, including the analysis of internal and external factors that affect the organization. It covers the use of tools such as SWOT analysis and Porter's Five Forces to develop a business strategy. • Organizational Change Management
This unit discusses the importance of organizational change management in implementing strategic changes. It covers the different stages of change management, including planning, implementation, and evaluation. • Performance Management
This unit introduces the concept of performance management, including the importance of measuring and evaluating organizational performance. It covers the different types of performance measures, such as financial and non-financial performance indicators. • Strategic Leadership
This unit explores the role of strategic leadership in implementing strategic changes. It covers the different characteristics of effective strategic leaders, including vision, communication, and decision-making skills. • International Strategic Management
This unit discusses the challenges and opportunities of international strategic management. It covers the different factors that affect international strategic management, including cultural differences, regulatory environments, and market trends. • Strategic Marketing
This unit focuses on the development of strategic marketing plans, including the analysis of market trends and competitor activity. It covers the use of tools such as market segmentation and positioning to develop a strategic marketing plan. • Entrepreneurial Strategy
This unit explores the characteristics of entrepreneurial strategy, including innovation, risk-taking, and adaptability. It covers the different factors that affect entrepreneurial strategy, including market conditions and organizational culture. • Sustainability and Corporate Social Responsibility
This unit discusses the importance of sustainability and corporate social responsibility in strategic management. It covers the different factors that affect sustainability and CSR, including regulatory environments and stakeholder expectations.

Assessments

The assessment process primarily relies on the submission of assignments, and it does not involve any written examinations or direct observations.

Entry requirements


Fee and payment plans


Duration


Course fee

The fee for the programme is as follows:

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- * This programme does not have any additional costs.
* The fee is payable in monthly, quarterly, half yearly instalments.
** You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

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Accreditation

Discover further details about the OTHM Level 7 Course in Strategic Management

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  • ✓ Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
  • ✓ Flexible fee payment plans: Pay fee in affordable monthly, quarterly or yearly instalments plans.
  • ✓ Fast track mode - get your qualification in just 6 months!
  • ✓ Dedicated Tutor Support via live chat and email.

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The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.

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