Strategic Management focuses on strategy formulation and actions organizations need in today's world in order to create and maintain a sustainable competitive advantage.

1. Assess the competitive landscape and explain how globalization and technological changes shape it. (external analysis)

2. 
Analyze and understand the firm’s internal environment (internal analysis)

3. Value chain for the purpose of determining where they are and how to create value when using their resources, capabilities, and core competencies.


4. Determine the risks of using business and corporate-level strategies.


5. Explain awareness, motivation, and ability as drivers of competitive behaviors.


6. Distinguish environmental trends affecting the choice of international strategies.


7. Evaluate how corporate governance fosters the making of ethical decisions by a firm’s top-level managers.


8. Identify the functional structures used to implement business-level strategies.


9. Create a strategic leadership plan. Succession and training plan.

10. Apply strategic entrepreneurship to create value for the business.