Course Description

Course Name

Strategic Management

Session: VDNS3121

Hours & Credits

18 Credit Points

Prerequisites & Language Level

Taught In English

  • There is no language prerequisite for courses at this language level.

Overview

Study of how organisations formulate and implement value-creating strategies in their competition with other organisations. Students are introduced to the key theories and concepts of strategic management and how these can be applied in a business context.

Strategic management can be understood as the continuous and systematic analysis of the external environment (eg customers, industry, suppliers, economy) and the huge diversity of activity and resources within the company itself to develop and maintain competitive advantage or some other form of 'success'. Organisations of all sizes (corporate to small) and of all types (competitive to voluntary) face these challenges. MANT 338 is a study of how organisations in New Zealand and around the globe try to meet them. Graduates of MANT 338 will have developed an acknowledgement for, and a proficiency in, a subject of business that is relevant across a wide range of professions and careers.

Teaching Arrangements
Please note that additional hours will be required outside of the lecture and tutorial hours to complete assignments. Students are given a minimum of five weeks' notice for the dates and times of attendance required for these assessment dates. It is imperative that students are aware of this before proceeding with the paper. The course co-ordinator welcomes discussions with students who may have an issue with this requirement. However, these consultations need to be within the first two weeks of semester.

Course Structure
Lectures and tutorials

Learning Outcomes
- Developing an appreciation for the range of choices, actions and processes that collectively constitute an organisation's strategy
- Understanding how to identify and evaluate the key internal and external factors influencing the strategy of an organisation at a point in time
- The range of strategies available to organisations when seeking and defending positions of advantage
- Developing an ability to apply prescriptions/recommendations for the future development of strategy in an organisation that are feasible and relevant to its specific situation
- Improving writing, presentational, research and analytical skills

Textbooks
Johnson, G., Whittington, R., & Scholes, K. (2010). Exploring strategy (10th ed.). Harlow, UK: FT Prentice Hall.

*Course content subject to change