Frequently Asked Questions
What are the 5 C's of strategic management?
The 5 C's are a common framework used to structure strategic thinking: Company, Customers, Competitors, Collaborators and Context. They help managers assess internal strengths alongside the external market before setting direction. This framework often appears in strategic management study, from Graduate Certificate units through to MBA subjects. Course depth on frameworks like this varies, so check the unit outline before enrolling.
What are the 5 P's of strategic management?
The 5 P's model describes strategy as Plan, Ploy, Pattern, Position and Perspective, a concept developed by management theorist Henry Mintzberg. It's used to show that strategy is not just a written plan but also behaviour and market positioning over time. Business and leadership courses at Diploma level and above often reference this alongside other strategic planning tools.
How do I train myself to think strategically?
Strategic thinking is a skill you build through structured study and practice, not something you're simply born with. Courses in leadership and management, from Certificate IV through to Master's Degree level, typically build this through case studies, planning exercises and real workplace scenarios. Online and blended study modes let you apply these skills directly in your current job as you learn.
How long does it take to complete a strategic management course?
Course length depends on the qualification level you choose. Graduate Certificates can take as little as 4 months full-time, while a Master's Degree such as an MBA typically runs around 18 months, and some Diploma or dual-qualification pathways extend to around 2 to 3 years. Part-time study usually takes longer than full-time, so check each course's stated duration before enrolling.
Are strategic management courses government-funded?
Government funding depends on the provider and the state you're in. Some management courses are government-funded or subsidised, while others aren't. You can see this listed against each course on this page, or enquire to check your eligibility directly with the provider.