Course Description:
Strategic Management is a comprehensive course that examines the process of formulating, implementing, and evaluating strategic decisions within organizations. It explores the concepts, frameworks, and tools used in strategic management to enhance organizational performance and create a sustainable competitive advantage in dynamic and competitive business environments.
Course Objectives:
- Understand the fundamental concepts and theories of strategic management.
- Analyze the external and internal environments to identify strategic opportunities and threats.
- Develop skills in formulating effective strategies that align with organizational goals and objectives.
- Evaluate alternative strategic options and make informed decisions.
- Implement and execute strategies through effective organizational structures and processes.
- Monitor and evaluate strategic performance to ensure strategic goals are achieved.
- Explore strategic leadership and the role of top management in driving organizational success.
- Understand the ethical and social responsibilities associated with strategic decision-making.
Course Topics:
Introduction to Strategic Management
- Definition and importance of strategic management
- Strategic management process
- Levels of strategy: corporate, business, and functional
- Industry analysis
- Competitive analysis
- PESTEL analysis
- Porter's Five Forces model
- The resource-based view of the firm
- Core competencies and capabilities
- Value chain analysis
- Vision, mission, and values
- SWOT analysis
- Business-level strategies
- Corporate-level strategies
- International strategies
- Organizational structure and design
- Strategic control and governance
- Strategic leadership
- Strategic Alliances and partnerships
Strategy Evaluation and Control
- Performance measurement and balanced scorecard
- Strategic risk management
- Strategic change and innovation
Ethics, Corporate Social Responsibility, and Sustainability
- Ethical decision-making in strategic management
- Corporate Social Responsibility and Stakeholder Management
- Sustainable business practices
- Analyzing real-world strategic management cases
- Applying strategic management concepts and tools
Assessment Methods:
- Class participation and engagement
- Individual and group assignments
- Case analysis and presentations
- Midterm and final examinations
Note: The course syllabus may vary based on the institution and instructor, and the topics and assessment methods may be adjusted accordingly.
MACROPEDIA
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