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2021/2022 KAN-CIMMO1067U International Business and Strategy
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| International Business and Strategy |
Course information |
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| Language | English |
| Course ECTS | 7.5 ECTS |
| Type | Mandatory |
| Level | Full Degree Master |
| Duration | One Semester |
| Start time of the course | Spring |
| Timetable | Course schedule will be posted at calendar.cbs.dk |
| Study board |
Study Board for MSc in Economics and Business
Administration
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| Teaching methods | |
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| Last updated on 18-06-2021 | |
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| Learning objectives | ||||||||||||||||||||||
The goal of this course is to develop a better
understanding of the link between theory and practice within the
content of the course. In the exam, students must demonstrate this
ability through an in-depth case analysis. Specifically, the
learning objectives are demonstrated in the exam to the degree to
which students can perform along the following dimensions:
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| Course prerequisites | ||||||||||||||||||||||
| Enrollment in the course requires that the student must have completed a master level course in strategy equivalent to the course IMM "Foundations of Strategy". | ||||||||||||||||||||||
| Examination | ||||||||||||||||||||||
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| Course content, structure and pedagogical approach | ||||||||||||||||||||||
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This is the second course in strategic management at the study program. The aim of the first course was to provide students with a strong theoretical foundation in the strategy field. This second course takes a more pragmatic approach towards the application of strategy analysis, and extends the perspectives from the previous course to corporate strategy and, specifically, to the multinational, corporate management context.
All strategy topics of the course deal with the management of different businesses and product-market activities within the umbrella of the larger, typically multinational, enterprise. Hence, the course focuses on the effective management of business entities operating across different product-markets and thereby builds on the business strategy perspectives concerned with firm positioning in industry specific product-markets.
Effective corporate strategy relates to business expansion to a larger, multinational scope. One of the fundamental challenges is to lead and structure the firm so that its different parts provide a genuine contribution to global, corporate performance. Upon completion of this course the students should be equipped to address essential corporate strategy issues and analyze complex multinational enterprises. As a result, students will be able to assess strategic risks and opportunities for the firm itself but also for its stakeholders, such as employees or investors, both nationally and internationally.
The course will emphasize open discussions and uses a mixture of theory and case studies to engage students in the classroom. In order to have an optimal mix between theory and practice 10 lectures of each 2 hours will be accompanied by 6 exercise sessions of each 2 hours. The case study approach in the exercises provides students with opportunities to develop new skillsets while working in small teams, such as contrasting opinions and developing joint solutions. |
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| Description of the teaching methods | ||||||||||||||||||||||
| The ten lectures are to a large extent
literature-based and might also incorporate short cases and
accounts from practitioners to discuss some of the contemporary
strategic challenges of multinational and corporate strategy. We
intend to engage in a dialogue-based teaching approach. Students
should be prepared to take active part in class discussions and
prepare the readings thoroughly.
In line with our learning objectives, we boost the interactive and practice-oriented components of the course by incorporating exercises based on case studies. The aim of the exercise sessions is to use case studies for discussing applications of theoretical approaches and perspectives introduced in the lectures. The quality of this learning experience depends upon students’ engagement and interactivity. Selective groups of students in the exercise sessions might also be asked to present their findings and case answers. |
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| Feedback during the teaching period | ||||||||||||||||||||||
| The design of the course follows a proactive feedback philosophy by ex-ante mirroring the exam. Students are repeatedly exposed to learning objectives, exam sub-tasks, and situations during selected exercises and lectures. In the exam preparation sessions, students are debriefed and can ask for detailed feedback on their own performance. Hence, they have opportunities for reinforced learning based on exam-relevant tasks and feedback all along the course, and well before they enter the actual exam. The preparation and feedback sessions are scheduled for maximizing learning impact after the first half of the course and close to the end. Parts of the final lecture are used to recap material, provide overarching feedback and invite detailed student questions. | ||||||||||||||||||||||
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| Expected literature | ||||||||||||||||||||||
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The course is based on a combination of textbook, scientific articles and case studies. The textbook is:
Contemporary Strategy Analysis, 10th Edition Robert M. Grant ISBN: 978-1-119-49572-7
Additional readings and case materials are listed in the course outline on Canvas. All additional readings can be accessed via the CBS library homepage. The case studies used in this course are part of the Grant book or need to be purchased separately.
Please note that there might be some changes in the final readings before the respective class sessions. These changes will be announced in class or via Canvas.
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