School: University of Illinois
Registration Link: REGISTER HERE
Start Date: July 31, 2017
Workload: Not Specified
Instructor: Joe Mahoney
Credentials: Mahoney is a professor of Strategy and Entrepreneurship at the University, along with serving as the Caterpillar Chair of Business at the school. He teaches students ranging from undergrads to Ph.D.s in classes that include Strategic Management and Economics of the Organization. Illinois students have given Mahoney an overall “Excellent” score for his teaching for 24 consecutive years beginning in 1992. He holds a Ph.D. in Business Economics from the University of Pennsylvania.
Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $79 fee.
Description: Michael Porter points out that “Strategy is about making choices [and] trade-offs; it’s about deliberately choosing to be different.” And ‘choices’ are the key. Strategy inherently involves focus and limits, with variables like market expectations, channel distribution, costs, revenue and margins, and customer acquisition and retention all vying for emphasis. A good strategy balances such factors, while providing clarity on what organizational objectives are – and how to achieve them. This course helps students understand how to not only create value, but present it to the marketplace. In particular, students will “understand how corporations create, capture, and sustain competitive advantage; analyze business situations and create a coherent corporate strategy; and understand the fit between corporate strategy and organization structure to improve economic performance.”
Review: “I liked it a lot but I didn’t´t find helpful the assignments and how they were asked to be corrected. The assignments ask you to list things that were seen during the course but dont´t push the learner to think and look up for further information in the topic. I have also taken Business Strategy also from University of Illinois and, in my opinion, the assignments are very well conducted and the make you think and go beyond the course info. I think this is very important to address it properly because it is when the learner really acquire the knowledge, when he/she has to connect what he/she has learnt with real cases. For additional reviews, click here.
Additional Background: This is the sixth of a seven course specialization from the University of Illinois called “Strategic Leadership and Management.” It includes courses on organizational design, business and corporate strategy, and applying leadership techniques. To learn more about this specialization and register for it, click here.