logo

Course Starts
24th March, 2024

Course Fees
₹2,00,000 + GST

Duration
12 Months

Organizational success is defined by its long-term goals, and strategy is the key to achieving these goals. Strategic management helps in formulating a long-term strategy to provide direction and a competitive advantage to the firm. However, one must step out of the everyday details and adopt a birds-eye perspective to take their business to the next level, which requires the right skills, knowledge, and a strategic mindset. This is where IIM Nagpur’s course, Post Graduate Certificate Programme in Strategic Management (CSM) (Batch 04), comes into the picture. This strategic management course assists you in learning the nuances of strategy management, knowledge of various functional areas of management, general management know-how, and sharp problem-solving skills. You will be empowered to take on senior/top-management roles with this strategy management course.

Course Highlights

IIM Nagpur alumni status

Capstone business simulation

3 days campus immersion

12-month conceptually designed programme

Course Content

Module 1


Introduction to Strategy

  • Vision, Mission, Strategic Goals
  • Introduction to Strategy Frameworks
  • Strategic Decision-making
  • Levels of Strategy Formulation
  • Modes of Strategy

Identifying Opportunities in the External Environment

  • Macro Environmental Analysis – PESTEL Framework
  • Porter's Five Forces Industry Analysis
  • Competitive Dynamics
  • Identifying Strategic issues and factors

Leveraging Resources and Core Competencies

  • Analyzing Organizational Resources and Capabilities
  • VRIN/VRIO Framework for Resource Configuration
  • Value chain Analysis
  • Developing Core Competencies
  • Leveraging Knowledge Assets

Strategy Formulation for Competitive Advantage

  • Competitive Business Strategies
  • Identifying Competitors & Strategic Groups
  • Cost Leadership, Differentiation, and Focus Strategies
  • Growth Strategies: Ansoff Matrix

Impact of Financial Decisions on Strategy

  • Financial Statement Analysis
  • Financial Ratios for Managerial Decisions
  • Working Capital Management

Module 2


Corporate Strategy

  • Levels of Corporate Strategy
  • Portfolio Management
  • Corporate Parenting
  • Strategic Value Chain Decisions: Vertical Integration Strategy
  • Diversification Strategy: Related and Unrelated Growth Opportunities
  • Inorganic Growth Through Mergers and Acquisitions
  • Collaborative Strategies, Leveraging Inter-organizational Synergies: Joint Ventures and Strategic Alliances

Functional Strategies

  • Crafting Functional Strategy
  • Aligning Functional Strategy with Larger Organizational Strategy
  • Identifying Key Functional Domains
  • Developing Operations, Marketing, HR and other Functional Area Strategies

International Business Strategies

  • Organizing a Multi-national Corporation
  • International Expansion: Entry Strategies
  • Strategies for Global Value Creation
  • Legal, HR, and Financial Issues in International Business

Tools and Frameworks of Strategy Implementation

  • Balanced Scorecard for Holistic Performance Management
  • McKinsey 7S Framework
  • Organizational Learning and Knowledge Management
  • Designing Structure & Systems

Corporate Governance and Ethics

  • Introduction to Corporate Governance
  • The Governance Partnership: Investors, Companies, and Directors
  • Functions of the Board
  • Enterprise Risk Management
  • Business Ethics for Managers
  • Handling Ethical Dilemmas and Developing a Personal Ethic

Innovation as a Tool for Building Competitive Advantage

  • Understanding & Mapping the Customer Journey
  • Experiencing the Design Thinking Process
  • Managing Innovation & Value Creation
  • Organizational Agility & Dynamic Capabilities

Geopolitics & Business

  • Influence of Geopolitics on Business
  • How Geopolitics affects Firms
  • How Geopolitics shapes Strategy

Emerging Markets

  • Understanding Emerging Markets
  • Strategies in Emerging Markets

Managing Global Workforce of the Future

  • Emerging HR Practices, Processes, and Systems in Globalised Organisations
  • Leveraging High-performance Virtual Teams
  • Managing Workforce Diversity
  • Managing Multi-cultural Teams

Module 3


CSR and Sustainable Development

  • Introduction to CSR and Sustainability
  • Aligning CSR Policies and Corporate Practices
  • Global Sustainable Development Initiatives
  • Formulating Strategies for Sustainable Development and CSR

Strategic Leadership

  • Aligning Vision, Strategy, and Action
  • Becoming a Strategic Leader
  • Managing Inter and Intra-organizational Dynamics
  • Extending Advantage and Leading Through Transformation
  • Managing Strategic Change in a Disruptive VUCA World

Digital Transformation Strategies

  • Technology-driven Business Transformation: Emerging Trends
  • Understanding Technology-led Disruptions
  • Digital Initiatives for Competitive Advantage
  • Planning and Executing Digital Transformation Journeys

Strategies for Emerging Technologies

  • Key Emerging Technology Trends as Strategic Enablers
  • Blockchain Technology Landscape, Policies, Business Domain Applications, and Ecosystem
  • Leveraging Trends such as Artificial Intelligence, Industry 4.0, Internet-of-things, Fintech, Platform Economy, etc., for Competitive Advantage

Blue Ocean Strategies

  • Introduction to Blue Oceans
  • Analytical Tools and Frameworks for Blue Ocean Strategy Formulation
  • Reconstructing Market Boundaries Beyond Existing Demand
  • Building Execution into Blue Ocean Strategy

*Courses are subject to change.

Capstone Business Simulation (CBS)


CBS is a multi-round business simulation that requires participants to work in groups and lead their business organization in a competitive industry. In each round, participants decide the company's product portfolio, pricing, promotions, R&D, operations, financial management, HRM, TQM, and other managerial decisions to optimize business performance. The simulation would help participants to:

  • Practice organizational leadership roles in group work
  • Integrate and align multiple functional areas to create and implement organizational strategy
  • Competitive benchmarking and stakeholder management

Project Module


  • The participants would be expected to work in groups to take up and solve real-life organizational problems in various management domains
  • All groups would be guided and mentored by IIM Nagpur faculty
  • The project task includes problem identification, scope definition, primary and secondary data collection, data analysis, recommendations, creating and presenting a report on the findings, and implementation planning
  • Participants would integrate learning from all courses in the group project
Programme Certificate

The certification program employs a flexible evaluation methodology determined by faculty, encompassing online exams, written tests, assignments, case analysis, projects, quizzes, and class contribution. Participants engage in individual/group assignments and projects, aiming to apply conceptual learning to real organizational decision scenarios. Feedback is essential, and a minimum 75% attendance is required for successful completion, leading to a 'Certificate of Completion' and IIM Nagpur Alumni status for those meeting criteria.

Disclaimer: *All certificate images are for illustrative purposes only and may be subject to change at the discretion of IIM Nagpur.

Past participants hail from

Note: All product and company names are trademarks or registered trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Past Participant Profiles

Top Industries

  • Information Technology/IT
  • Pharmaceuticals
  • Education Management
  • Oil/Energy/Solar/Greentech
  • Financial Services
  • Hospital/Health Care
  • Construction
  • Architecture/Planning
  • Retail Industry

Top Job Profiles

  • AGM/CBO/Head/Director
  • Manager/Sr.Manager
  • GM/DGM/Founder
  • Consultant
  • Professor
  • Principal
  • Engineer
  • Data Analyst
  • Senior Executive

Eligibility

*Internship and training experiences are not considered as full-time work experience.

Class Schedule

Sundays
Sessions: 7:45 PM to 09.45 PM

Admission Criteria

Participants would be selected from self-sponsored individuals and corporate nominations based on their overall profile and credentials.

Programme Director

Prof. Rakesh Gupta
Professor

Rakesh Gupta is professor in the area of Strategy and Entrepreneurship and teaches courses in the field of Strategy & Entrepreneurship. He is a PhD in Strategic Entrepreneurship from Faculty of Management Studies (FMS), Delhi University and moved to academics after a stint of 8 years in industry. He is passionate & prolific case writer and loves to teach through cases. Some of his cases have won awards including the “Best Case Award” at ISB-Hyderabad.

He has attended many Faculty Development Programs including Participant Centered Learning by Harvard Business School (HBS), International Teacher Programme (ITP) at Kelloggs School of Management, Symposium for Entrepreneurship Educators (SEE) at Babson College. He has been trained in the field of Design Thinking from Stanford University.

Prof. Som Sekhar Bhattacharyya
FPM (MDI, Gurgaon), PGDFM (IIFM, Bhopal), B.Tech (IIT-ISM, Dhanbad)

Prof. Som Sekhar Bhattacharyya has been working as an Associate Professor in the area of Strategy and Entrepreneurship at Indian Institute of Management Nagpur (IIMN), Nagpur. He has Bachelor of Technology education from Indian Institute of Technology (IIT), ISM, Dhanbad, India. He did his master’s degree from Indian Institute of Forest Management (IIFM) Bhopal, India. He did his doctoral education from Management Development Institute (MDI), Gurgaon, India. Prior to joining IIM Nagpur, he had worked at Indian Institute of Management Mumbai (IIMM), Mumbai, India for more than a decade.

He has broad research interests in strategic management, entrepreneurship, management of technology and innovation and international business strategy and related topics. He has published research articles in various reputed journals. For his research activities, he received the Emerald Outstanding paper author award and the Emerald Highly recommended paper award. His teaching interests are in the domain of strategic management, entrepreneurship, management of technology and innovation and associated areas. He has successfully conducted several executive education programs for reputed public sector and private organizations.