Strategic Management (5 cr)
Code: LX00FE22-3001
General information
Enrollment
07.12.2022 - 08.01.2023
Timing
16.01.2023 - 12.05.2023
Number of ECTS credits allocated
5 op
Virtual portion
1 op
RDI portion
2 op
Mode of delivery
80 % Contact teaching, 20 % Distance learning
Unit
School of Business
Campus
Leiritie 1
Teaching languages
- English
Seats
20 - 35
Degree programmes
- Degree Programme in International Business and Logistics
- Degree Programme in European Business Administration
Teachers
- William Simcoe
Teacher in charge
Suvi Moll
Groups
-
LB20B_MGIncoming DD Bilbao Management
-
LITO_VVVapaastivalittavat, liiketalous
-
LB21MIncoming DD Münster 2nd year students
-
LB20S_MGIncoming DD Stuttgart Management
-
LB20L_MIncoming DD La Rochelle 3rd year students Marketing
-
LB20L_FIncoming DD La Rochelle 3rd year students Finance
-
LB20B_BA_MIncoming DD HTW Berlin BA Marketing
-
LB21KIncoming DD Krems 2nd year students
-
LC20B_IB_FIncoming DD HWR Berlin, IBMAN Finance
-
LC20B_IB_MIncoming DD HWR Berlin, IBMAN Marketing
-
LC20B_BA_FIncoming DD HWR Berlin, BA Finance
Objective
The student understands the role of strategic management as a competitive factor in an
organisation. The student knows the tools of strategic management and is able to use them in daily
work. The student can work according to strategic goals and use them in order to develop his own
organisation.
Content
- Strategic management as a success factor in organisations
- The tools of strategic management
- Strategy implementation and leadership issues
- Strategic dialogue in organisations
Location and time
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
Materials
Material provided from various advanced textbooks on:
Strategic Management
Corporate Strategy
Strategic Marketing
Strategic Entrepreneurship
Plus classic works such as Competitive Strategy by Michael Porter
Teaching methods
Lectures, Case Studies, Written Schemata Analyses, F2F Consultations for feedback
Employer connections
Tools for Analysis, Decision Making Process, and Communication
Exam schedules
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
International connections
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
Student workload
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
Content scheduling
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
Further information
The objectives here are to know better the strategic content, context, and process of Strategic Management covered in prerequisite courses, understand how Emergent and Prescriptive Strategies are deployed in practice. Observe how entrepreneurs become corporations and maintain ongoing operations – the innovation, the marketing, the management, the cultures, the laws, communications and logistics, and cover how corporations try to be entrepreneurial – dynamic through projects, while trying to maintain consistency in static operations. Also: better understand cross-disciplinary and cross-cultural perspectives; and even further understand how all aspects of business are important in formulating strategic plans especially in implementing them. But perhaps most importantly, be able to tie in and apply all that has come before in the business curriculum into further development of competence, carry out more effectively the activities of business - from being able to communicate about strategy and creating a plan, to evaluating a current corporate strategy or executing a new one, the student will function more competently. Also, long term sustainability and community development are emphasized.
- Relationship to other Courses ? special focus on Corporate Strategy and Connection to Entrepreneurship ? Innovation, Sustainable Competitive Advantage
- Macro & Micro VC Analyses ? Countries, Industries, Competitors & Customers
- Analysis of Resources
- Developing Purpose & Strategy – Past, Present & Future
- Creating a schemata analysis
– Review: Lectures and discussions on Circular Economics, Smart City, and…
- Provided: a multi-dimensional design model for a Sustainable Society – the Strategic Change Management required
Evaluation scale
0-5
Assessment criteria, satisfactory (1)
The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.
Assessment criteria, good (3)
The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas.The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply their knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.
Assessment criteria, excellent (5)
The student has achieved the objectives of the course with excellent marks.The student masters commendably the course subject area’s concepts and models.The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply their knowledge in leisure, study and work situations.The student is able to analyze the business sector expertise and the development of his/her own expertise.
Assessment criteria, approved/failed
The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.
Assessment methods and criteria
See Course Syllabus and Flow Chart for details - available in course's "Documents" section in OMA - and will be sent to students once registered.
Prerequisites
Core business studies or equivalent knowledge