Strategic Management
This unit aims to develop the student’s strategic management capability, focusing on the role of leaders as strategic thinkers and planners.
On a quest to achieve their mission, organisations need to grab opportunities, avoid pitfalls, respond to changes in their environment, and stay on course. Good leaders do not only have a clear vision and set of values to guide them, they are also well aware of their current position - their starting point - of the challenges they are facing and of the competencies they will need to develop to achieve the mission.
Strategy management will teach students how to lead teams and organisations to fulfil their mission.
Quick Info
- Currently offered by Alphacrucis: Yes
- Course code: MAN311
- Credit points: 10
- Subject coordinator: Pratima Durga
Prerequisites
The following courses are prerequisites:
- At least 120 credit points including MAN101—Introduction to Management and MAN201—Organisational Behaviour
Awards offering Strategic Management
This unit is offered as a part of the following awards:
- Associate Degree in Business
- Associate Degree in Ministry
- Bachelor of Arts
- Bachelor of Arts and Bachelor of Applied Social Science
- Bachelor of Arts and Bachelor of Business
- Bachelor of Arts and Bachelor of Education (Secondary)
- Bachelor of Business
- Bachelor of Business and Bachelor of Ministry
- Bachelor of Business and Bachelor of Theology
- Bachelor of Ministry
- Bachelor of Theology
- Diploma of Arts
- Diploma of Business
- Diploma of Business and Diploma of Entrepreneurship
- Diploma of Business and Diploma of Leadership
- Diploma of Business and Diploma of Ministry
- Diploma of Chaplaincy
- Undergraduate Certificate in Arts
- Undergraduate Certificate in Business Studies
Unit Content
Outcomes
- Demonstrate an understanding of the impact of external forces and how they can affect an organization’s competitive advantage.
- Developing a framework of analysis to be able to describe and apply the strategic management tools utilized to implement organizational strategic directions.
- Integrate the different contemporary approaches to strategic management and demonstrate strategic fit.
- Identify, describe and distinguish the key theories and concepts of strategic management
Subject Content
- Introduction to Strategy
- Analysing business strategy: Creating value
- Analysing the external environment
- Analysing the organisation’s resources and capabilities
- Measuring strategic organisation performance
- Gap analysis and formulating business-level strategic options
- Strategic decision making
- Implementation - Capabilities, systems and structure
- Implementation - Leadership, people and culture
- Implementation - Change management
This course may be offered in the following formats
- Face to face on site
- E-learning (online)
- Intensive
- Extensive
Assessment Methods
- Minor Essay (25%)
- Strategic Plan Report (50%)
- Exam (25%)