Strategic Management - Decision Making Processes and Tools (5 cr)

Evaluation scale

H-5

Content scheduling

Course requirements: preassignment, on-campus lectures, weekly assignments, group assignment & presentation

Methods of working: writing a learning diary, lectures, individual work, group work

Objective

After successfully completing the course, you can demonstrate your strategic mindset and ability to think strategically. You are able to build strategic decision-making. Moreover, you become skilled at formulating a winning strategy as well as the tools and principles needed to make effective strategic decisions.

Content

- Strategic instrumentation
- Strategic design and analysis
- Evaluation of selected tools and their improvement

Teaching methods

“All can see the tactics whereby I conquer, but none can see the strategy out of which victory is evolved.” Sun Tzu

This course is about strategy in action. It aims to equip the students with essential know-how for formulating a winning strategy as well as tools and principles needed to make effective strategic decisions. During the course, the students will also have an opportunity to develop their strategic mindset and ability to think strategically and become skilled at asking smart questions to guide their strategic decision-making.

No previous knowledge is required.

Student workload

Student workload: lectures 45 h, individual work 45 h, group work 45 h

Further information

After this course the student is able to
-define and describe the stages of a strategy process
-comprehend the nature of strategic management
-appreciate the power of mission and vision in strategy work
-identify and define an organizations’ environment
-use appointed techniques and tools in identifying organization’s critical success factors
-understand the meaning of competitiveness and competitive advantage