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Learner Reviews & Feedback for Foundations of Strategy by IE Business School

4.8
stars
178 ratings

About the Course

Strategy is a complex field and intrinsically related to economics. In this first week of this course you will learn the basic logic of how firms and markets function by using economic logic from a distinctly strategic perspective. The economic logics discussed in the first week have shaped the field of strategic analysis from very early on. Porter鈥檚 Five Forces 鈥� probably the most well-known strategic analysis tool 鈥� directly builds on the notion of market structures and helps us to get a deeper understand of how the competitive environment affects the ability of firms to generate true economic profits. In this week, we麓ll look at how Porter's Five Forces are related to market structures, economies of scale, and begin to touch on how firms leverage these to create competitive advantage. Week three, we will move away from exclusively considering the external structure of an industry as the source of competitive advantage and instead focus our view on the internal resources and capabilities within firms 鈥� and the associated 鈥渞esource based view鈥� to look at how internal resources and capabilities play out in competitive situations. Looking through the lens of the five forces at the industry, or through that of the resource-based view at firm internal resources and capabilities, feels a bit like swings of a pendulum 鈥� and, indeed, strategic theory and practice over the last decades has veered from a near-exclusive focus on the environment to being entranced by firms鈥� core capabilities. However, to get the full picture of where your firm stands (and where it and its industry may move) requires us to consider both of these perspectives! In this final week we will work on this crucial integration by building our understanding of what a competitive advantage truly is 鈥� and what distinct forms it can take....

Top reviews

MK

Jan 3, 2025

This course is the perfect introduction you need if you are starting to learn about business strategy. I really enjoyed and as well gained a lot from taking the course

RF

Aug 17, 2023

Excelente curso sobre estrategia. Te permite ver como generar valor en las empresas y a desarrollar una visi贸n estrat茅gica del negocio para anticiparte a los cambios.

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26 - 38 of 38 Reviews for Foundations of Strategy

By Nicky T

鈥�

Jan 31, 2025

Course was good and helpful

By ALKA K

鈥�

Feb 23, 2025

Perfectly planned course

By Kristina L

鈥�

Aug 28, 2022

it was a great course!

By Omodiaogbe S

鈥�

Aug 25, 2022

Excellent course.

By shorouqkaldaham

鈥�

Oct 24, 2023

very good

By Jotish B I

鈥�

Apr 27, 2025

Amazing

By Muhd Z M

鈥�

Jul 24, 2024

Good :)

By DADAS O

鈥�

Oct 31, 2022

SUPER

By MADAN H M A S

鈥�

Mar 2, 2023

噩賷丿

By KHALIL Y

鈥�

Oct 31, 2022

O

By Koray G

鈥�

Dec 24, 2023

Hepsi dinlenebiliyor olsa daha iyi olurdu o y眉zden 4 y谋ld谋z veriyorum.

By Oskar L

鈥�

Nov 11, 2024

Toppen kurs!

By Muneer H H

鈥�

Oct 16, 2023

good