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2011/2012 KAN-FSM_FS58 Strategic Management
| English Title | |
| Strategic Management |
Course Information | |
| Language | English |
| Point | 7,5 ECTS (225 SAT) |
| Type | Mandatory |
| Level | Full Degree Master |
| Duration | One Semester |
| Course Period | Autumn |
| Time Table | Please see course schedule at e-Campus |
| Study Board |
Study Board for MSc in Economics and Business Administration |
| Course Coordinator | |
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| Phillip Christopher Nell | |
| Main Category of the Course | |
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| Last updated on 29 maj 2012 | |
| Learning Objectives | |||||||||||||||||
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This course will provide the students with intimate understanding of the strategic management process and furnish a variety of theoretical perspectives and models. Strategic management is conceived as a rational approach to strategy formulation and the course introduces the analytical techniques adopted in this context but also conceives strategy as a process driven by ongoing decision making situations. Hence, the course provides students with a thorough grounding in the diverse approaches used within the strategy field. Strategic management integrates different perspectives introduced in other academic disciplines including finance, accounting, marketing, etc. Organizational structures and the surrounding competitive environment are characterized by increasing specialization and complexity, which underscores the importance of integrative capabilities in the strategy formation process. A major aim of this course is to refine the strategic thinking skills and allow students to apply different theoretical frameworks critically in the analysis of strategic issues. At the end of the course the students should be able to: • demonstrate their ability to complete an in-depth study of a given strategic issue using material covered in the course. • analyse the strategic issues incorporating different angles in ways that create new insights and understanding. • The paper will be evaluated on the basis of relevance and potential contribution and logical flow of arguments, clarity of argumentation with justified choice of theoretical approaches, and reflection with thoughtful discussions that show deep understanding of the material. | |||||||||||||||||
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| Course Content | |||||||||||||||||
Strategic management is a highly eclectic field that has applied ideas and perspectives from many different academic disciplines. Therefore, the course will emphasize this diversity and seek to develop a deeper understanding and an appreciation of the many facets that surround strategic decision making processes including competitor analysis, coopetition, alliances, core competencies, organizational learning, dynamic knowledge creation, strategic responsiveness, etc. Managing the strategy process does not equate to a mechanical application of management tools, but constitutes an intellectual exercise often incorporating paradoxical approaches. To this end, the course will explore the implications of different strategy making modes through selective use of case examples and open class discussions.
Course status | |||||||||||||||||
| Teaching Methods | |||||||||||||||||
| Lectures with open class discussion and selected case studies. | |||||||||||||||||
| Literature | |||||||||||||||||
A selection of scientific articles and the following textbook. | |||||||||||||||||