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Strategic Management
Introduction to
No of Credit Hours: 3 Pre-requisite(s): Management
Instructor Information
1
SECTION 1: General Information
1.1 Course Description
This course examines the development and implementation of organizational strategy and
provides an overview of the strategic management process. Topics covered include
analyzing the internal and external environments, defining business goals and objectives,
strategic analysis and positioning, strategic decision making and creating sustainable
competitive advantage. The course will cover business and corporate level strategy.
The objective of this course is to provide students with the core concepts, frameworks and
techniques of strategic management. Students will learn to assess competitive dynamics and
to develop strategies to differentiate themselves from competitors and achieve sustainable
competitive advantage. Students will utilize management tools such as the balanced scored
and SWOT analysis in order to help make strategic decisions.
Knowledge
KN1: Understand the importance of the strategic management process and formulate and
implement strategic plans to achieve organizational objectives.
Skills
SK1: Measure an organization’s internal environment using management tools and assess
internal strengths and weaknesses.
Competency
Autonomy & Responsibility
AR1: Appraise the benefits and limitations of traditional organizational structures and
create an organizational direction that lead to an ethical and learning organization.
Role in Context
RC1: Formulate a firm’s external environment and contrast the general and competitive
environments.
Self Development
SD1: Evaluate the impact of corporate level strategies on the direction of an organization
and distinguish between different types of diversification.
2
Bachelor of Human Resource Management
Competence
Autono
Self-
my and Role in
Knowledge Skills Developme
Respons Context
nt
CLOs- ibility
MGT
450
KN-
KN-
KN-
KN-
KN-
KN-
KN-
KN-
KN-
AR-
AR-
AR-
RC-
RC-
SD-
SD-
SD-
SK-
SK-
SK-
SK-
SK-
SK-
SK-
SK-
7-1
7-2
7-3
7-4
7-5
7-6
7-7
7-8
7-9
7-1
7-2
7-3
7-4
7-5
7-6
7-7
7-8
7-1
7-2
7-2
7-1
7-2
7-1
7-2
7-3
KN1 X
KN2 X
SK1 X
AR1 X X
RC1 X
SD1 X
3
1.6. Additional Resources
Type of Resource Reference Location
Book 1. Thompson, Arthur, Crafting and Executing -
Strategy: Concepts and Readings, McGraw Hill, 19th
Edition, 2013
Book 2. Hitt, Michael A., Ireland, R. Duane, Strategic -
Management: Concept and Cases: Competitiveness
and Globalization, Cenage Learning, 10th Edition,
2012
Lectures Class sessions will involve lectures, video shows, case studies, discussions and
debates, and presentations of related topics and current issues related to course contents. In
addition, practitioners will be invited to share with the students their experience and
techniques.
Readings This is the responsibility of all students. Students should read the relevant
chapters of the textbook and materials before class. They should be prepared to raise
questions and arguments in class on related topics in the class schedule
SECTION 2: Assessment Strategy
2.1 Ongoing Coursework Assessment Tasks* (60%)
4
2.2 Final Coursework Assessment Tasks (40%)
Assessment
Assessment Type, Assessment Link to Learning
Week Weighting
No. Description of Guidelines Outcomes
Assessment
Multiple 16
choice, short
1 Final Exam 40 All
essays, cases
situations
Total 40
5
Up to 20%- Acceptable limit.
31% to 45% - Resubmit + Reduce the marks by 20% + written warning by HOD/ Academic
Dean.
6
Section 3: Semester Teaching Plan
Related
Week Topic reading
materials**
Unit 1: Introduction to Strategic Management Ch 1
Week 1 Defining strategic management P 4-33
Four key attributes of strategic management Handout # 1
7
Evaluating firm performance
Financial ratio analysis
The balanced scorecard
Conducting a value chain analysis
Unit 4: Business Level Strategy Units 1,2,3
Types of competitive advantage Ch 5
Low cost leadership P 138-171
Differentiation Handout # 4
Stages of industry life cycle
Week 7
Introduction stage
Growth stage
Maturity stage
Decline stage
Sustaining competitive advantage
Week 8
Midterm Exam
Unit 5: Corporate Level Strategy Ch 6
Creating value through diversification P 172-205
Related diversification Handout # 5
Economies of scope and revenue enhancement
Week 9 Market power
Unrelated diversification
Means to achieve diversification
Impact of managerial motives on value creation
8
Unit 6: International Strategy Ch 7
International expansion and risks P 206-237
Week 11 Achieving competitive advantage in global Handout # 6
markets
Entry modes of international expansion
Unit 7: Creating Effective Organizational Designs Ch 10
Traditional forms of organizational structure P 300-327
Week 12
Functional structure Handout # 7
Assignment
Unit 7: Creating Effective Organizational Designs Ch 10
Divisional structure P 300-327
Week 13
Matrix structure Handout # 7
Boundaryless organizational designs
Unit 8: Creating a Learning and Ethical Ch 11
Organization P 328-353
Setting an organizational direction Handout # 8
Week 14
Designing the organization
Developing a learning organization
Empowering employees
Unit 8: Creating a Learning and Ethical Ch 11
Organization P 328-353
Accumulating and sharing knowledge Handout # 8
Week 15
Gathering and integrating external
information
Creating an ethical organization
Week 16
Final Exam
*Reading material might include either Chapters of the required text or other resources available
through the college library or online
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