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2017/2018  KAN-CSIEO2021U  Strategic Management and Innovation

English Title
Strategic Management and Innovation

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Quarter
Start time of the course Second Quarter, Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Social Sciences
Course coordinator
  • Christina Lubinski - MPP
Main academic disciplines
  • Innovation
  • Strategy
Last updated on 26-06-2017

Relevant links
Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • Describe strategic management frameworks, apply them to cases and discuss their merits and limitations
  • Evaluate the problems and trade-offs of implementing strategy and devise strategic action plans to overcome them
  • Discuss firm positioning in the context of different markets, industries and locations
  • Explain innovation-relevant theories with attention to their assumptions, causal dynamics and processes
  • Discuss the ethical implications of management decisions
Examination
Strategic Management and Innovation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Winter
Aids Closed book: no aids
However, at all written sit-in exams the student has access to the basic IT application package (Microsoft Office (minus Excel), digital pen and paper, 7-zip file manager, Adobe Acrobat, Texlive, VLC player, Windows Media Player), and the student is allowed to bring simple writing and drawing utensils (non-digital). PLEASE NOTE: Students are not allowed to communicate with others during the exam.
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content and structure

The course explores strategic management choices, focusing on the role of innovation in shaping competitive advantages. The sessions explore actors’ choices as they formulate, implement, test and adapt a strategy to compete in domestic and foreign markets. It introduces analytic frameworks and strategic tools to design and execute a coherent strategy, and structure an organization with the processes, systems, and best practices to support its success. Concepts such as value creation, internationalization, diversification, clustering and envelopment will be explored to understand how entrepreneurs manage innovation inside and outside of the boundaries of organizations.

 

The course is structured in two modules. Module 1 introduces firm level strategies and walks students through the process of strategic management. They learn to analyze the external environment of organizations, including macroeconomic changes, industry and competitor analysis. They then analyze organizations’ internal resources and their role for strategic positioning. Module 2 focuses on growth strategies, such as diversification, internationalization, value innovation and envelopment. Each session combines theoretical readings with case discussions and encourages students to understand and apply the abstract frameworks but also discuss their limitations.


Using case studies of both successful and failed strategies, students explore how executives were able to recognize opportunities for innovations and translate them into strategies. The curriculum provides tools to formulate corporate action plans for sustainable competitive advantage and discusses their merits and limitations.
Teaching methods
Teaching methods include case study analysis, group discussions and lectures. Students are expected to prepare readings and cases prior to each session and actively participate in class.
Feedback during the teaching period
Quizzes on Learn.
Feedback on the exam (after the exam), including best practice answers and frequent mistakes.
Office hour.
Student workload
Course activities (including preparation) 132 hours
Exam (including exam preparation) 74 hours
Expected literature
  • Harvard Business School Publishing course pack
  • Hitt, MA, et al. (2015). Strategic Management: Competitiveness and Globalization: Concepts and Cases. Mason, Ohio, South-Western Cengage Learning.
Last updated on 26-06-2017