Strategic Management
Course Synopsis
The knowledge of Strategic Management is inevitable for the
present day manager. This course will enable the students to understand the
underlying concepts and processes involved in the strategic management
practices. It will provide a basic idea about what strategists do in
organizations and how do they do it? Students will be able to better comprehend
some of the basic concepts of strategic management highlighted in this course.
Course Learning Outcomes
At the end of this course, you should be able to:
- Assimilate the core and specialist subjects into an integral
whole.
- Effectively use the strategic models, evaluate and
synthesize the dynamics of strategic decision making including current
strategic thinking and philosophy.
- Develop suitable missions, set key objectives, propose and
evaluate alternative strategies.
- Apply the strategic process to a range of organizations and
industries including situations of growth, decline, turnaround and
consolidation in a national and international context.
- Design the policies for implementation through key
functional areas.
- Identify and synthesize change factors including the
cultural and leadership aspects of strategy.
- Discuss the nature of strategic control within the
integration process throughout the organization.
- Evaluate the issues and nature of corporate governance and
the relationship of the organization with its stakeholders.
- Develop coherent and persuasive arguments for the adoption
of innovative strategies for a range of business and organizational
situations including the development and evaluation of strategic
leadership and business team dynamics.
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