Certified Corporate Strategy Professional

A Corporate Strategy professional defines the structure and execution of strategy by creating work plans, generating relevant data, and developing actionable recommendations. They have skills to identify and develop strategic opportunities for the business with a view of diversifying the consumer base as well as for gaining an additional share of the market. A Corporate Strategy professional creates strategies that inform the marketing, financial, and channel planning for the business as well as a target setting for business plans.  Further, they also evaluate and recommend business portfolio frameworks, strategies, financial concepts, practices, programs, processes, etc.

Vskills Certified Corporate Strategy Professional

Vskills Corporate Strategy Professional certification prepares the candidate according to the company’s requirement for business strategy and strategic management process. The certification will validate the candidate’s skills in various areas of strategic decisions that include environmental analysis, competitor analysis, Boston matrix, benchmarking, etc. 

However, the course is good for professionals and graduates who want to get advanced in this area. That is to say, earning Vskills Corporate Strategy Professional Certification will help candidates to differentiate in today’s competitive job market by showcasing their skills and making their CV stronger. As many companies specializing in consulting or outsourcing are constantly hiring skilled corporate strategy professionals. 

Vskills being India’s largest certification providers gives candidates access to top exams as well as provides after exam benefits. This includes:

• Become a Government Certified Professional.
• The Certification is valid for life.
• Candidates will get lifelong e-learning access.
• Access to free Practice Tests.
• Candidates will get tagged as ‘Vskills Certified’ On Monsterindia.com and  ‘Vskills Certified’ On Shine Shine.com.

Career in Corporate Strategy

If strategy is your goal, you can’t go wrong with Disney and Comcast in the media/telecom industry, or the FAANG businesses in technology. Beyond scale, it’s ideal to look for companies where the strategy team is in charge of revenue generation rather than serving as “help” to other divisions. Let us look at Career in Corporate Strategy.

Course Outline for Certification

Certified Corporate Strategy Professional covers the following topics –

Introduction to Business Strategy

• Definition of Strategy
• Origins of Strategy Management
• Is Strategy static in nature or dynamic?

Introduction to Strategic Management

• Strategic Management Processes
• Strategic Management Process in an Organization
• Benefits of Strategic Management
• Top Management Decisions on Strategic Issues
• Strategic Issues Likely to Have Long Term Impact
• Strategies Are Essentially For The Future
• Elements In Strategic Management Process
• Comprehensive Model of Strategic Management
• Process of Strategic Management

Difference Between Policy, Strategy And Tactic

• Strategy
• Features of Strategy
• Strategy and Tactics
• Distinction between Strategy and Tactics
• Organizational Mission and Objectives
• Implementation of Strategy
• Policy
• Policy and Strategy: A Comparison

Characteristics of Strategic Decisions

• Strategic Decision-making
• Mint berg’s Model

Levels of Strategy

• Introduction
• Levels of Strategy Making

Characteristics of Strategic Decisions at 3 Levels

• Brand Strategy

Role of Strategic Management

• Role of Strategy in Business

Concept of Objective, Mission And Vision

• Mission and Purpose
• Formulation of Mission
• Characteristics of Mission Statement
• Objectives and Goals: A Comparison
• Hierarchy of Objectives
• Top-down and Bottom-up Approach
• Role of Objectives

Functions And Contributions of Objectives

• Defining an Organization
• Directions for Decision-making
• Performance Standards
• Basis for Decentralization
• Objective Setting
• Change in Aspiration Level of Management

Strategic Intent

• Introduction
• Basic Functions
• Purpose of a Business
• Business Objectives

Approaches To Strategy

• A new perspective
• Deliberate and Emergent Strategies
• How To Craft Strategy

Approaches to Strategic Management

• Introduction
• Suitability and Limitations
• Formal Structured Approach

Planning Process

• Features of-Planning
• Importance of Planning
• Steps in Planning
• The Planning Process

Strategic Planning Process

• Evaluation and Choice of Strategies
• Medium and Short-Range Planning, Implementation and Control
• Transition from an Industrial to a Knowledge Based Society

Environmental Analysis

• Introduction
• Role of Environmental Analysis
• Concept of Environment
• Environmental Complexity

Pestle Analysis

• Implications of Changes

Porter‘S 5 Force Analysis

• Porter‘S 5 Force Analysis

Understanding Business

• Business Definition
• Dimensions of Business
• The Product / Service Concept

Competitor Analysis

• Interpreting Industry Analyses
• Competitor Analysis

Competitor Analysis (Internal Analysis)

• Internal Analysis
• Internal Analysis Framework
• Internal Analysis with Resource Based Model

Boston Matrix

• Description of The BCG Matrix
• Product Portfolio Method

The International Dimensions of Strategy

• Introduction
• International Competition

Core Competence

• Process of Organizational Analysis
• Capabilities
• Core Competencies
• Building Core Competencies
• Costly To Imitate

Benchmarking

• Types of Benchmarking

Mc Kinsey‘S 7s Framework

• Mc Kinsey‘S 7s Framework

Swot Analysis and Value Chain

• SWOT Analysis
• Opportunities and Threats
• Value Chain Analysis
• Outsourcing

Introduction To Strategy Implementation

• Concept of Strategy Implementation
• Activating Strategy

Structural Implementation

• Strategy-Structure Relationship
• Structural Change

Functional Implementation-I

• Functional Policies and Plans
• Difference between Policy and Procedure
• Role of Functional Policies and Plans
• Integration of Functional Policies

Functional Implementation-II

• Functional Approach
• Marketing
• Human Resources
• General Management

Behavioural Implementation

• Strategic Leadership:
• Impact of Organizational
• Relating Culture and Strategy
• Values and Strategy Implementation

Resource Mobilisation and Allocation

• Resource Mobilization
• Preparation of Position Papers

Concept of Strategic Evaluation And Control

• Barriers in Strategic Evaluation and Control
• Participants in Strategic Evaluation and Control
• Stages of Control

Control Process

• Benefits of Management By Exception

Techniques of Strategic Evaluation And Control

• Financial Performance Control
• Budgetary Control
• Operational Problems
• Approaches for Measuring Social Performance

Preparation Guide for Vskills Certified Corporate Strategy Professional

Study resources are essential during the exam preparation time. Having all the resources will help candidates to start preparing for the exam in an accurate manner. Moreover, it will save a lot of time researching for the exam contents and topics. Further, this will provide an advantage to better understand the concepts. However, in the Certified Corporate Strategy Professional exam preparation guide, we will discuss some of the most important resources to help you prepare well for the exam.

Exam Objectives

The very first task for candidates should be to get all the content and topics related to the exam. As it provides a huge benefit to candidates during the preparation time. Doing this will help them to understand things more accurately. For the Certified Corporate Strategy Professional topics include:

• Introduction to Business Strategy
• Levels of Strategy
• Brand Strategy
• Role of Strategic Management
• Concept of Objective, Mission And Vision
• Functions And Contributions of Objectives
• Strategic Intent
• Approaches to Strategy
• Planning Process
• Strategic Planning Process
• Environmental Analysis
• Pestle Analysis
• Understanding Business
• Competitor Analysis
• Boston Matrix
• The International Dimensions of Strategy
• Core Competence
• Benchmarking
• Swot Analysis and Value Chain
• Introduction To Strategy Implementation
• Structural Implementation

Vskills E-Learning

Vskills Certified Corporate Strategy Professional helps candidates to prepare for the exam using the online learning material for a lifetime. The online material for this is regularly updated. The E-learning includes hard copy material for helping candidates in improving skills and staying up to date with the learning curve for getting better opportunities.

Refer: Certified Corporate Strategy Professional

Books for Reference

Candidates should start taking help from reference books as it can provide an advantage for understanding things more accurately. However, for the Certified Corporate Strategy Professional exam, there are various books available which you can find online or in libraries. Some of the books are as follows:

• Corporate Strategy Book by Bart Vanneste and Phanish Puranam
• Corporate Strategy Book by Igor Ansoff

Evaluate yourself with Practice Test

After completing the topics for the Certified Corporate Strategy Professional exam, candidates should start assessing using practice tests. By doing so, they will be able to learn about their weak areas and can improve them on time. Moreover, it also gives an advantage to candidates to improve their answering skills to save time during the certification exam. So, get prepared and become certified.

Corporate Strategy Interview Questions

Prepare for Corporate Strategy Interview with our latest interview questions, the sole purpose of these questions is to prepare you for job interview, try these questions and succeed in job interview.