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2018/2019  KAN-CCMVI2059U  Strategic Management - Competitive Strategy

English Title
Strategic Management - Competitive Strategy

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration Summer
Start time of the course Summer
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 60
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Course instructor - Michael Nugent, Lecturer & Graduate Director of Masters of Finance, Stony Brook University, Michael.Nugent@stonybrook.edu
    Sven Bislev - Department of Management, Society and Communication (MSC)
In case of any academic questions related to the course, please contact the course instructor or ISUP academic director, Sven Bislev at sb.msc@cbs.dk.
Main academic disciplines
  • Management
  • Strategy
Teaching methods
  • Face-to-face teaching
Last updated on 05/12/2018

Relevant links

Learning objectives
To achieve the grade 12, students should meet the following learning objectives with no or only minor mistakes or errors:
  • How to identify and analyze factors that are critical to the success of a business, including the businesses strengths and weaknesses, and the opportunities and threats it encounters; and how to apply analytical tools to formulate a strategy.
  • How to identify and capitalize on the key strengths of an existing business by developing and maintaining a competitive advantage relative to other businesses in the same industry
  • Demonstrate an ability to utilize planning tools to develop a corporate strategy.
Course prerequisites
Completed bachelor degree
Examination
Strategic Management - Competitive Strategy:
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 Summer, Ordinary exam: 4 hour written exam in the period of 30 July - 2 August 2019
Retake exam: 4 hour written exams in the period of 1-7 October 2019
3rd attempt (2nd retake) exam: 72-hour home assignment- 25-28 November 2019 – for all ISUP courses simultaneously

Exam schedules available on https:/​/​www.cbs.dk/​uddannelse/​international-summer-university-programme-isup/​courses-and-exams
Aids Limited aids, see the list below:
The student is allowed to bring
  • Any calculator
  • Language dictionaries in paper format
The student will have access to
  • Advanced IT application package
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.
Retake exam: 4 hour written sit-in exam, new exam question
Exam form for 3rd attempt (2nd retake): 72-hour home project assignment, max. 10 pages.
Course content and structure

This course in STRATEGIC MANAGEMENT features emphasis on the changing global economy and its role in strategic management. 

Companies alter their strategies regularly, and as an aspiring manager, you should develop an awareness of why and how company’s strategy change.

This course incorporates the functions of the chief executive officer and his/her staff whose major responsibility it is to direct and lead a total enterprise.  It addresses the major concerns of top-level decision makers, their development of policies and the implementation of corporate strategy, functional-level strategy, business-level strategy, and operational strategies.  

Topics including: competitive advantage, corporate governance, diversification, strategic leadership, technology and innovation, horizontal integration, vertical integration, strategic outsourcing and corporate social responsibility.

 

Preliminary assignment: Strategic Management Simulation

Class 1: Strategic Leadership: Managing the Strategy-Making Process for Competitive Analysis.

Research Paper Review: What Is Strategy? by Michael E. Porter

Class 2: External Analysis: The Identification of Opportunities and Threats.

Research Paper Review:  The Five Competitive Forces That Shape Strategy by Michael E. Porter

Class 3: Internal Analysis: Resources and Competitive Advantage.

Research Paper Review:  Building Your Company’s Vision by James C. Collins and Jerry I. Porras

Class 4: Building Competitive Advantage Through Functional-Level Strategy.

Research Paper Review: Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne

Class 5: Building Competitive Advantage Through Business-Level Strategy.

Research Paper Review: Strategy Execution The Secrets to Successful Strategy Execution by Gary L. Neilson, Karla L. Martin, and Elizabeth Powers

Class 6: Business-Level Strategy and the Industry Environment.

Feedback activity: Course Survey & Assessment Quiz (zero points value)

Class 7: Strategy and Technology.

Research Paper Review: Using the Balanced Scorecard as a Strategic Management System by Robert S. Kaplan and David P. Norton

Class 8: Strategy in the Global Environment.

Class 9: Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing.

Research Paper Review: Transforming Corner-Office Strategy into Frontline Action by Orit Gadiesh and James L. Gilbert

Class 10: Corporate-Level Strategy: Related and Unrelated Diversification.

Research Paper Review: Turning Great Strategy into Great Performance by Michael C. Mankins and Richard Steele

Class 11: Corporate, Governance, Social Responsibility and Ethics.

Description of the teaching methods
The course will include lectures and class discussions based on the textbook and research papers.
Feedback during the teaching period
Feedback activity: Course Survey & Assessment Quiz (zero points value) based on chapters 1-5, including review of assessment quiz.
Student workload
Preliminary assignment 20 hours
Classroom attendance 33 hours
Preparation 126 hours
Feedback activity 7 hours
Examination 20 hours
Further Information

Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.

 

Course timetable is available on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams

 

We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/uddannelse/international-summer-university-programme-isup/courses-and-exams end February 2019 at the latest.

 

Expected literature

Mandatory readings:

 

Strategic Management: Theory: An Integrated Approach, 12th Edition Charles W. L. Hill, Melissa A. Schilling, Gareth R. Jones

https:/​/​www.cengage.co.uk/​books/​9781305502338/​

 

Additional relevant readings:

 

What Is Strategy? by Michael E. Porter

 

The Five Competitive Forces That Shape Strategy by Michael E. Porter

 

Building Your Company’s Visionby James C. Collins and Jerry I. Porras

 

Reinventing Your Business Model by Mark W. Johnson, Clayton M. Christensen,and Henning Kagermann

 

Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne

 

Strategy Execution The Secrets to Successful Strategy Execution by Gary L. Neilson, Karla L. Martin, and Elizabeth Powers

 

Using the Balanced Scorecard as a Strategic Management System by Robert S. Kaplan and David P. Norton

 

Transforming Corner-Office Strategy into Frontline Action by Orit Gadiesh and James L. Gilbert

 

Turning Great Strategy into Great Performance by Michael C. Mankins and Richard Steele

Last updated on 05/12/2018