This course reviews the critical strategic decisions senior leaders must make to secure competitive advantage. We will discuss real-world examples to challenge traditional strategy development and will introduce a practical strategy framework which focuses on the power of capabilities. This framework enables CEOs to develop a differentiated strategy that is grounded in the idea that to thrive organizations must be "great at something," particularly in disruptive environments. Because of its emphasis on capabilities, this approach to strategy leads to effective execution more often than other frameworks. You will work through many cases to gain perspective on how senior executives from winning companies make their strategic decisions through this lens. You will hear the real stories that provide context to these difficult decisions and get an inside view of how these strategies are executed.