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2023/2024  DIP-DIBUO1002U  Strategy and decision making

English Title
Strategy and decision making

Course information
Language English
Course ECTS 5 ECTS
Type Mandatory
Level Graduate Diploma
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Graduate Diploma in Business Administration (part 2)
Course coordinator
  • SI
    Carmelo Cennamo - Department of Strategy and Innovation (SI)
Main academic disciplines
  • Globalisation and international business
Teaching methods
  • Blended learning
Last updated on 01-12-2023

Relevant links
Learning objectives
At the end of the course the student should be able to demonstrate:
  • An understanding of and familiarity with theories, concepts and cases covered by curriculum.
  • An analytical ability to ponder the different perspectives of the strategic decision process in applied contexts.
  • An ability to apply the theories and concepts in strategic analysis of concrete company cases.
  • An understanding of the central issues for strategy formulation that current business challenges, such as digitalization, pose for firms, and ability to critically assess the scope, limits and complementarities of applying the different theories and concepts covered in the course to those challenges.
Examination
Strategy and Decision Making:
Exam ECTS 5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Written assignment
Release of assignment The Assignment is released in Digital Exam (DE) at exam start
Duration 48 hours to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Autumn
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content, structure and pedagogical approach

The objective of this course is to provide systematic insights on the relevant strategic decisions that modern firms need to ponder, with special emphasis on recent trends in industrial and strategic dynamics as they relate to digitization of firm processes and digital transformation at the sector and market level. Focusing on the strategic decision making, different theoretical perspectives will be considered, at the micro (individuals/firm processes) and macro (inter-firm/industry strategic dynamics) level. We will review the different perspectives of the theory of the firm, including transaction cost theory, agency theory, resource-based view, and the different strategy “schools”, from the early industry-based perspectives to more recent customer-centered frameworks on value creation and value capture. The theoretical perspectives are considered complementary rather than mutually exclusive in analyzing the strategic issues covered in the course; they will be used to assess the issue at stand from multiple aspects and ponder the different possible range of strategic decisions for strategy formulation. Case studies of companies and strategic problem simulations form an important input into class discussions. The strategy themes that we discuss include both traditional aspects of any firm strategy (such as “make-or-buy” decisions) as well as more disruptive innovation strategies, such as platform market strategy, ecosystem strategy, and more generally digital transformation strategies.

 
Description of the teaching methods
A proactive learning approach will be taken, whereby lectures are combined with class discussion, cases analysis, videos and short simulations to stimulate critical thinking about the topics covered in each session throughout the course.
Feedback during the teaching period
Students will work in teams to analyze and discuss cases and simulate real strategic decision issues. Feedback will be provided through the course on case discussions, which will be an integral part to the teaching/learning activity.
Student workload
Written exam 48 hours
Lectures 25 hours
Further Information

Lectures will take place every Tuesday and Thursday from week 45 to 49, 2023.

 

48 hours home assignment from Deecember 15 to December 17, 2023.

Expected literature

Book:

  • "Strategic Decisions", Marcel Planellas, Anna Muni. Cambridge University PressHola

Readings:
Last updated on 01-12-2023