Free Course Image Business Strategy

Free online courseBusiness Strategy

Duration of the online course: 3 hours and 46 minutes

4.91

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Build a smarter business plan with this free strategy course—analyze markets, outmaneuver rivals, and make long-term decisions with confidence.

In this free course, learn about

  • How the onion model explains layers of an organisation’s environment
  • What business strategy is and why it must be long-term for entrepreneurs
  • How to analyse macro-environment forces using the PESTEL framework
  • How to assess industry attractiveness with Porter’s Five Forces
  • How rivalry, entry barriers, and other forces shape prices and margins
  • How industry life cycle stages affect competition, scale and cost control
  • How Blue Ocean thinking creates new market space beyond competitors
  • What strategic and dynamic capabilities are and why they matter
  • How to evaluate resources with VRIN for sustainable competitive advantage
  • How value chain and value network analysis identify value-creating activities
  • How to do a SWOT and turn findings into strategic options
  • How and why firms define Strategic Business Units (SBUs)
  • How to choose generic strategies: cost leadership, differentiation, focus
  • How strategy clock, interactive strategies and game theory guide competitive moves

Course Description

Strong strategy is what turns a good idea into a business that lasts. This free online Business Strategy course helps you think like a strategist: scanning your environment, understanding where profit really comes from in your industry, and choosing competitive moves that fit your resources and goals. Whether you are launching a startup or growing an existing venture, you will learn to make decisions that hold up beyond the next quarter and align daily actions with long-term direction.

You will start by learning how organisations are shaped by their surroundings, then move into practical ways to read the broader context using structured thinking. From political and economic shifts to social trends and technology change, you will train yourself to spot risks early and identify opportunities before they become obvious. You will also develop an industry lens, examining how rivalry, new entrants, substitutes, buyers, and suppliers influence pricing power and margins, so you can better judge how hard it will be to compete and where to position your offer.

Next, you will focus on what happens inside the organisation. You will explore strategic capabilities and why some businesses adapt faster than others. Using the VRIN perspective, you will learn how to evaluate which strengths genuinely create sustained advantage rather than short-term wins that competitors can copy. You will also connect capabilities to performance through value chain and value network thinking, linking what a business does to the value customers perceive and the costs required to deliver it. With SWOT used as a decision tool, you will practice turning insights into realistic strategic options.

Finally, you will bring it all together through competitive strategy. You will examine how businesses win through cost leadership, differentiation, and focus, and how to make those choices deliberately rather than by habit. You will also learn to anticipate competitive reactions using interactive strategy and game-theory logic, helping you choose moves that improve your odds when others respond. By the end, you will have a clearer way to evaluate markets, select a strategic position, and explain your choices with confidence.

Course content

  • Video class: 1.0 Introduction to Module 1: Organisational Environment

    00m

  • Exercise: In the introductory video to the first module, what is the first aspect of the 'onion model' that will be discussed?

  • Video class: 1.1 Introduction to Business Strategy

    09m

  • Exercise: What does the 'long-term' aspect of a business strategy imply for entrepreneurs?

  • Video class: 1.2 Macro Environment of Organisation (PESTEL framework)

    10m

  • Exercise: Which of the following frameworks is used for analyzing the macro environment in business strategy?

  • Video class: 1.3 Industry of Organization (Porter Five Forces Framework)

    18m

  • Exercise: According to Porter's Five Forces framework, which factor does NOT contribute to barriers to entry in an industry?

  • Video class: 1.4 Porter´s Five Forces Continued

    10m

  • Exercise: Which of Porter's Five Forces refers to the pressure competitors can exert on each other's prices and margins due to aggressive and frequent interactions?

  • Video class: 1.5 Industry Life Cycle

    10m

  • Exercise: Which stage in the industry life cycle is characterized by strong competition and a need for cost control and economies of scale?

  • Video class: 1.6 Blue Ocean Thinking (Competitor Analysis)

    04m

  • Exercise: What does the 'blue ocean' concept in business strategy refer to?

  • Video class: 2.0 Introduction to Module 2: Strategic Capabilities

    01m

  • Video class: 2.1 Strategic Capabilities of Organisations

    07m

  • Exercise: What exactly are 'dynamic capabilities' in the context of business strategy?

  • Video class: 2.2 VRIN Model For Assessing Organisations Capabilities

    12m

  • Exercise: Which component of the VRIN model relates to whether the capabilities of an organization provide a competitive advantage that is sustainable and not easily duplicated by others?

  • Video class: 2.3 Organisation´s Value Chain and Value Network

    06m

  • Video class: 2.4 SWOT Analysis

    06m

  • Exercise: What final step must be taken in a SWOT analysis to develop strategic options?

  • Video class: 3.0 Introduction to Section 3: Business Strategies

    01m

  • Exercise: In module three of the course, what type of business strategies will be primarily discussed?

  • Video class: 3.1 Generic Competitive Strategies

    08m

  • Exercise: What is the primary reason for defining Strategic Business Units (SBUs) in larger organizations?

  • Video class: 3.2 Cost-leadership Strategy

    11m

  • Exercise: Which of the following is NOT one of the four key drivers that can help deliver a cost leadership strategy?

  • Video class: 3.3 Differentiation Strategy

    07m

  • Exercise: What is a key approach to achieving a differentiation competitive strategy according to the video?

  • Video class: 3.4 Focus Strategy

    06m

  • Exercise: What is a focus strategy in the context of business strategy?

  • Video class: 3.5 The Strategy Clock

    03m

  • Exercise: Which of the three competitive strategies detailed in the strategic clock model aims to combine extremely low production costs with distinctive benefits perceived as premium by customers?

  • Video class: 3.6 Interactive Competitive Strategies

    09m

  • Exercise: What should a well-established firm consider when faced with the entry of a low-cost competitor in their industry?

  • Video class: 3.7 Game Theory for Business Strategy

    08m

  • Exercise: Which principle does game theory encourage in the context of business strategy?

This free course includes:

3 hours and 46 minutes of online video course

Digital certificate of course completion (Free)

Exercises to train your knowledge

100% free, from content to certificate

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Course comments: Business Strategy

PG

Paul Glory Temitayo

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really helpful and the mid test hep to focus more

MA

Msingathi Ashley Jikijela

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The teacher is very clear

2M

22-UBC-066 MANIMARAN D

StarStarStarStarStar

nice taking a class

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