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Aster Health Academy > Management > Hybrid > Fellowship in Strategy for Healthcare

Fellowship in Strategy for Healthcare

Make strategic business choices on where to play, how to win, and the economics behind it.

Course Outcomes:

  • Explore elements of a good strategy, link vision, mission, and values to business strategy
  • Utilize key frameworks to perform external and internal environmental analysis
  • Develop business strategy to create competitive advantage and position
  • Translate strategy into action to achieve business goals
  • Grasp how technology drives strategic agility and spot emerging healthcare trends
  • Develop founder's mindset, create plans to address future challenges and maximize value for stakeholders

About the course:

In today’s dynamic and complex healthcare environment, leaders must build agile strategies. Change is a dynamic force, and the only way to stay abreast of it is to continuously adapt. But what does strategy truly mean? Often generalized as mere planning, strategy is rather a set of powerful choices that define where an organization will play, how it will win, and the economics behind it.

The Fellowship in Strategy for Healthcare enables clinicians to build winning strategies by using best practices and staying on top of industry trends. Leaders will learn how to conduct industry analysis, establish sustainable competitive advantage, forecast, and formulate plans to maintain profitability.

The course has been designed in collaboration with industry and academic experts to provide a deeply immersive and application-based learning experience. Through this course, you’ll acquire a comprehensive set of strategic tools and skills to implement frameworks that drive future growth and innovation.

Curriculum:


Module 1: Introduction to Strategy 

1
Strategy 101: Fundamentals for Healthcare Professionals
2
What is Strategy?​
3
Role of Vision, Mission and Values in Defining Strategy
4
Strategist’s Toolkit: Navigating the Sweet Spot for Success 

Module 2: Environment & Industry Analysis  

1
Outside-in Strategy: Responding to External Environment
2
Mastering Industry Analysis: Porter’s Five Forces Model & PESTEL Framework
3
Identifying & Prioritising Key Industry Trends
4
Linking Industry Trends to Business Strategy Implications

Module 3: Firm Capabilities 

1
Inside-Out Strategy: Leveraging Resources and Core Competencies
2
Strategic Self-Diagnosis: Uncovering Competitive Advantage
3
Understand Resource Tradeoffs while Devising Strategy​
4
Strategic Asset Management: Building vs. Acquiring Capabilities

Module 4: Differentiation and Competitive Strategy 

1
Differentiation and Winning Competitive Strategy Competitor Benchmarking
2
Defining Attributes and Mapping Strategic Positioning
3
Developing Strategy Map against ​Main Attributes
4
Awareness about ​Different Types of ​Competitive Strategy​  

Module 5: Innovation in Strategy 

1
Corporate & Functional Strategy
2
Scope of the Firm & Vertical Integration​
3
Product-Market Scope: Core competence, Corporate Advantage and Dominant Logic​
4
Why Globalize? – What is the need for international scope?​
5
Broad International Strategies ​  

Module 6: Strategy Implementation 

1
Develop Founder’s Mentality: Owner mindset, Insurgency and Frontline obsession​  
2
Create Execution Plan and Growth Strategies
3
Growth

Who this course is for:

  • Clinical leaders and senior managers responsible for planning and formulating business strategy
  • Senior clinicians looking to enhance their strategic skills
  • Rising healthcare professionals looking to move and accelerate growth in strategy positions
  • Entrepreneurs and Consultants aspiring to design new structures and systems to meet business goals

Knowledge Partner:

University of Virginia Darden School of Business

A premier institution of higher education, the University of Virginia offers outstanding academics, world-class faculty, and an inspiring, supportive environment. The University is an iconic public institution of higher education, boasting nationally ranked schools and programs, diverse and distinguished faculty, a major academic medical center, and a proud history as a renowned research university.

Sample Certificate:

Curriculum:


Module 1: Introduction to Strategy 

1
Strategy 101: Fundamentals for Healthcare Professionals
2
What is Strategy?​
3
Role of Vision, Mission and Values in Defining Strategy
4
Strategist’s Toolkit: Navigating the Sweet Spot for Success 

Module 2: Environment & Industry Analysis  

1
Outside-in Strategy: Responding to External Environment
2
Mastering Industry Analysis: Porter’s Five Forces Model & PESTEL Framework
3
Identifying & Prioritising Key Industry Trends
4
Linking Industry Trends to Business Strategy Implications

Module 3: Firm Capabilities 

1
Inside-Out Strategy: Leveraging Resources and Core Competencies
2
Strategic Self-Diagnosis: Uncovering Competitive Advantage
3
Understand Resource Tradeoffs while Devising Strategy​
4
Strategic Asset Management: Building vs. Acquiring Capabilities

Module 4: Differentiation and Competitive Strategy 

1
Differentiation and Winning Competitive Strategy Competitor Benchmarking
2
Defining Attributes and Mapping Strategic Positioning
3
Developing Strategy Map against ​Main Attributes
4
Awareness about ​Different Types of ​Competitive Strategy​  

Module 5: Innovation in Strategy 

1
Corporate & Functional Strategy
2
Scope of the Firm & Vertical Integration​
3
Product-Market Scope: Core competence, Corporate Advantage and Dominant Logic​
4
Why Globalize? – What is the need for international scope?​
5
Broad International Strategies ​  

Module 6: Strategy Implementation 

1
Develop Founder’s Mentality: Owner mindset, Insurgency and Frontline obsession​  
2
Create Execution Plan and Growth Strategies
3
Growth

Duration: 2 months

Level: intermediate

Price:
Buy Now

Batch Start Date

Jun, 2024

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    Includes

    9 hours
    Full lifetime access
    Access on mobile and TV

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    INR 200,000*
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    Buy Now
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