This module explores strategic management and strategists in organisations. The module introduces the core concepts of strategic management so that students are able to fully understand the process and content of strategic management. The topics covered range across a number of areas and will include analysis selected from the following topics. The role and tasks of top management, the nature of strategic management, strategic change and decisions. Business policy, organizational analysis, competitive position, SWOT analysis, value chain analysis, comparative analysis, resource led strategy examining the role of people, technology and information management on resource based strategy. Social and political influence, organizational objectives, power. Strategic choice, generic strategies, strategy development, techniques and approaches to strategy evaluation. Strategy implementation, planning and resource allocation. Role of organization structure, people, systems and culture. Managing strategic change.The module will enable students to analyse the business environment and suggest how organisations might manage the strategy process. This includes structure, processes, systems and culture needed to be successful. Students will develop an appreciation of the global challenges facing organisations. Students will develop knowledge of the strategic options open to organisations and this will include strategic alliances, mergers and acquisitions.
The knowledge will be grounded in a 'critical' approach to learning and teaching that is valued as graduate level attributes appropriate for graduate employment and further study.
- The learning materials for the lectures, tutorials and self directed study will draw on the materials from an internationally best selling textbook with a global focus, recent research from professional management organisations and MOOC materials from different countries
- The students are assessed group interactive vivas and individual management reports and is designed to reinforce the skills needed to feel confident in arguing a strategic position based on well researched evidence and their ability to practically apply taught theory.
- The emphasis in the tutorials is on participation encouraged by the use of critical thinking, case studies and presentations.
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