Beruflich Dokumente
Kultur Dokumente
Course Description
Both the challenges and opportunities facing organization of all sizes today are greater than ever. Less room than ever for error exists today in the formulation and implementation of a strategic plan. This is a capstone course of the entire business education program and encompasses in its ambit the application of the different business and theories learned so far. The course is designed to orientate the student to understand, analyze and make pertinent strategic choices concerning management related challenges, issues and problems. Students will develop their cognitive ability to assess and interpret various strategic models and demonstrate awareness in application of the strategic models and analytical tools.
Learning Objectives
After studying this course students should be able to: Describe the strategic-management process. Explain the need for integrating analysis and intuition in strategic management. Discuss the nature of strategy formulation, implementation, and evaluation activities. Describe the nature and role of vision and mission statements in strategic management. Discuss how clear vision and mission statements can benefit other strategicmanagement activities. Describe how to conduct an external strategic-management audit. Describe how to perform an internal strategic-management audit. Discuss guidelines when particular strategies are most appropriate to pursue. Describe a three-stage framework for choosing among alternative strategies. Explain why strategy implementation is more difficult than strategy formulation. Explain market segmentation and product positioning as strategy-implementation tools. Describe a practical framework for evaluating strategies.
Teaching-Learning Methodology
Project
CALENDAR OF ACTIVITIES
Sessio n # 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Activity Introduction of the course and the participants. The Nature of Strategic Management The Business Vision and Mission The External Assessment The Internal Assessment Strategies in Action Strategy Analysis and Choice Midterm Exam and review Implementing Strategies Management and Operations Issues Implementing Strategies Marketing, Finance/Accounting, R&D, and MIS Issues Strategy Review, Evaluation, and Control How to Prepare and Present a Case Analysis Case discussion Case discussion Project Presentations Project Presentations Assessment Experiential Exercises Case Discussion, Experiential Exercises, Quiz 1 Case Discussion, Experiential Exercises, Quiz 2 Case Discussion, Experiential Exercises, Quiz 3 Case Discussion, Experiential Exercises, Quiz 4 Case Discussion, Experiential Exercises, Quiz 5 Midterm Case Discussion, Experiential Exercises, Quiz 6 Case Discussion, Experiential Exercises, Quiz 7 Case Discussion, Experiential Exercises, Quiz 8 Quiz 9 Case Discussion Case Discussion Presentations Presentations
Suggested Text Books: 1. Strategic Management (Concepts and Cases), 12e, by Fred R. David,
published by Prentice-Hall.
Strategic Management (Text and Cases) 3e by Dess, Lumpkin, Eisner. McGraw Hill International Edition. 3. Crafting and Executing Strategy. The Quest for Competitive Advantage (Concepts and Cases) 15e, by Arthur A. Thompson Jr, A.J, Strickland III, John E. Gamble. McGraw-Hill Irwin
2.
Suggested Readings: 1. The Art of War, Written by Sun Tzu 2. Plowing the Sea, Written by Michael Fairbanks and Stace Lindsay Suggested Websites:
WWW.STRATEGYCLUB.COM WWW.CHECKMATEPLAN.COM WWW.MINDTOOLS.COM WWW.CEOEXPRESS.COM
Note: This course outline plan can be altered at any point during the semester, as deemed necessary by the resource person.
2. Thoroughness, accuracy, and depth of external analysis 3. Thoroughness, accuracy, and depth of internal analysis 4. Identification and evaluation of alternative strategies using matrices 5. Quality, quantity, feasibility, and relevance of recommendations 6. Justification and support for recommendations
2. Professionalism of presentation
5. Use of time
6. Handling of questions
OVERALL EVALUATION: