In the training program for economics majors, the course Strategic Management plays an important role in developing students' managerial thinking and their ability to analyze the business environment.

Recently, Ms. Nguyen Thi Loan taught Chapter 1: Overview of Strategic Management to students of the classes Business Administration 1, Business Administration 2, Economic Management 1, and Economic Management 2.

Key Content of the Chapter

The chapter focuses on building a theoretical foundation and strategic thinking through the following core content:

First, analyzing the nature and role of strategic management in modern management.
Students learn how strategic management helps businesses determine long-term direction, build competitive advantage, and adapt to changes in the business environment.

Second, evaluating different schools of strategic thought.
By exploring different strategic schools of thought, students have the opportunity to understand the evolution of strategic thinking in business management.

Third, identifying the relationship between strategy, structure, and performance.
This content helps students understand that strategy is not only a long-term plan but is also closely related to an organization's structure and business performance.

Fourth, applying strategic management thinking to specific business contexts.
Through real-world case studies, students are encouraged to analyze, discuss, and propose appropriate strategic solutions.

Foundational Knowledge of Corporate Strategic Management

In addition to the key content, the chapter also provides students with basic knowledge such as:

• Basic issues in strategic management
• Classification of business strategies
• Overview of corporate strategic management
• The role of strategic management in the digital economy

The discussion questions and real-world case studies section is used in class to encourage students to develop critical thinking, analytical skills, and the ability to apply knowledge in a business environment.