Impacts of ecosystems

Adapt and evolve.

The business ecosystem will adapt and evolve in response to changes in the wider environment. As the business environment has become more competitive, dynamic, and complex, the focus has shifted to not only identifying customers' needs and wants, but also to creating customer wants where they did not exist before. In this course, you will learn how evolving can change the business ecosystem and how to analyse customers to support your organisation's strategy.

Gain experience with detailed exercises.

Using case studies, real-life scenarios, and exercises, this course will give you the necessary tools to identify drivers for change in the business ecosystem and how to analyse your customer base to boost your overall success.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.

Key topics

• Ecosystems and strategy formulation
• The business ecosystem
• Understanding customers

Beat the competition.

Following a structured framework allows managers to collect and evaluate insights to assess the level of competitive threat to the company's short-term decisions and long-term plans. Organisations are increasingly recognising the need to specialise in their core competences and to work collaboratively to provide value to the customer to remain competitive.

Key topics

• Network organization
• Business ecosystem
• Competitive analysis

• Cluster analysis

Practice what you have learned.

Detailed exercises and case studies will enable you to apply competitive strategies to stay ahead of the competition and deliver business success.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.

See the mission clearly.

An organisation's vision and mission (which are often supported by a statement of the organizational values) underpin the development of an organisation's objectives and provide a starting point for the strategic planning process. In this course, you will learn how look inward and define the purpose of an organisation and identify the objectives that can measure its success.

Make a statement:

• Develop a mission statement.
• Use financial versus nonfinancial measurements.
• Use Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis to plan strategy.

• Define different objectives such environmental and political.

Direction to success

In addition to vision, mission, and understanding the ecosystem are vital components when deciding the long-term goals of the organisation, and they form the foundation for the choices that need to be made later during the planning process. The use of a SWOT analysis will help you deal with the external environment. This course will give you the tools necessary to successfully define your mission and objectives in your business model for successful planning.

This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.