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MGMD 263
Course Status
Core
Level
Foundation
Semester Taught
Credit
Pre-requisites
N/A
Assessments
Quizzes
10%
Mid Term
15%
20%
Assignment
15%
Final examination
40%
Course Description
While the successful day-to-day operation of a business demands sound human resource, financial and
information management practices, the long term viability of the business will depend on
managements ability to think strategically and make sound decisions that sustain competitive
advantage. The purpose of the capstone course is to expose students to the managerial process of
crafting and executing of strategy with an appealing mix of strategically relevant crafted cases, to
engage them and sharpen their skills in applying the concepts and tools of strategic analysis. The
chapters in this course provide guidance for students how to conduct a strategic analysis of a business
and its competitive environment, develop and select strategic options, and manage strategic change.
There will be a strong emphasis on the integration of prior learning from functionally based courses
(e.g. HR management, marketing, marketing information, etc.) to address the big picture of
sustainable business enterprise.
Course Objectives:
This course is designed to meet the following objectives:
1. To equip students with the importance of strategic management in crafting long term growth,
sustainability and competitive advantage for businesses.
2. To acquire and sharpen their skills in applying the concepts and tools of strategic analysis for
businesses
3. To create awareness on contemporary green and environmental requirements that influence strategic
direction of businesses.
Course Outcomes:
At the end of this course, students should be able;
1. To describe strategy, concepts and approaches in strategic management.
2. To relate the external and internal assessment of an organization in formulating competitive
strategies.
3. To distinguish the effectiveness of various strategic options based on the industry.
4. To practice the various concepts in analyzing and choosing strategies for businesses.
5. To integrate the key issues in strategic management.
6. To justify the appropriate strategy from the case study analysis.
Course Outcomes
CO1
To analyse
the
strategy
formulation stage of the
strategic-management model.
CO2
To
relate
the
strategy
implementation stage for an
organization
with
the
effectiveness
of
various
strategic options based on the
industry.
CO3
To
describe
a
practical
framework
for
evaluating
strategies.
PO1
X
PO2
PO3
PO4
PO5
PO6
PO7
PO8
Class Assessment
Assessment will be done on a continuous basis throughout the semester, which will be divided into the
followings:
Assessment Methods
CO1
CO2
CO3
Final Exam
Face to face
L
NFTF
24
12
36
120
Course Outline :
Week
1
CO1
2
CO1
3
CO1
Topics
1. THE
NATURE
OF
STRATEGIC
MANAGEMENT
Key terms in strategic management
Strategic management process
Benefits of a good strategic management
2. THE BUSINESS VISION AND MISSION
Nature of vision and mission
Process of developing vision and mission
Evaluate vision and mission statements
3. EVALUATING A COMPANYS
EXTERNAL ENVIRONMENT
Conducting and external strategic
management audit
Major external forces that affect
organizations
Continue Topic 3:
4
EVALUATING A COMPANYS
EXTERNAL ENVIRONMENT
Competitive Profile Matrix
Gathering competitive intelligence
5
CO1
6
CO1
7
CO1
Continue Topic 4:
EVALUATING A COMPANYS INTERNAL
ENVIRONMENT
5. STRATEGIES IN ACTION
Types of business strategies
Porters five generic strategies
6. STRATEGY ANALYSIS AND CHOICE
Framework for choosing alternative
strategies
Development of various Matrix in strategy
analysis and choice
Continue Topic 6:
STRATEGY ANALYSIS AND CHOICE
9
CO2
10
CO2
Continue Topic 7:
11
CO2
12
CO3
IMPLEMENTING STRATEGIES
Marketing, Finance, Accounting, R&D, and
MIS issues
8. STRATEGY REVIEW, EVALUATION AND
CONTROL
Framework for evaluating strategies
Continue Topic 8:
13
CO3
14
CO3
4
2
1
28
14
10
2
1
1
10
70
8
12
3
1.5
1.5
10
120
Main Reference:
1. Fred R.D. Strategic Management, Concepts and Cases, 14 th edition (2012), Pearson
Other Reference:
1. Arthur A. Thompson Jr., Margaret A. Peteraf, A. J. Strickland III, and John E. Gamble. Crafting and
Executing Strategy: The Quest for Competitive Advantage 18th edition (2012), McGraw-Hill
Program Outcomes
PO No.
PO1
PO2
Able to acquired technical and practical skills in business theories, principles and practices.
PO3
Able to espouse business knowledge and skills needed and be vigilant of the social,
cultural, global and environmental responsibilities.
PO4
PO5
Able to identify business related problems and put forward feasible solutions for decision
making purposes.
PO6
PO7
Able to value the importance of life-long learning and possess basic research skills
needed in seeking new information and knowledge.
PO8
LESSON PLAN
Wee
k
Date
Topic coverage
19/10
23/10
Topic 1
Remarks
Holiday
2
3
4
5
6
7
8
9
10
11
12
13
14
26/10
30/10
2/11
6/11
9/11
13/11
16/11
20/11
23/11
27/11
30/11
4/12
7/12
11/12
14/12
18/12
21/12
25/12
28/12
1/1
4/1
8/1
11/1
15/1
18/1
22/1
25/1
29/1
Topic 2
Topic 3
Week 3
Quiz 1 (Topic 1-2)
10/11 Deepavali
Topic 4
Week 6
Midterm (Topic 3-4)
Topic 5
Topic 6
Midterm Break
Topic 7
Week 11
Quiz 2 (Chapter 5 & 6)
Topic 8
Submission of assignment
(20/1/2016 before 2pm)
Topic 9