Course 5: Strategy Implementation and Performance Evaluation
Credit
CPE:5.5
Publisher
IMA
Description
The goal of this course is to explore strategy implementation and performance evaluation and consider the role of risk, governance, ethics, and social responsibility in strategy execution.
Upon completion of this course, you should be able to:
- Demonstrate an understanding of marginal analysis and investment decision analysis used when evaluating strategic alternatives.
- Identify the components of risk management including risk analysis, strategies to mitigate risk, and the importance of enterprise risk management (ERM).
- Describe the characteristics of successful strategy implementation including leadership, communication, workforce engagement, effective deployment, and change management practices.
- Recognize the critical tools of strategy measurement and organizational performance including evaluation and control, balanced scorecard, benchmarking, strategy maps, key metrics, profitability measures, and international considerations.
- Explain the importance of governance, ethics, and social responsibility in strategy implementation.