Advanced Strategic Management (VS1) (U02434)

? Credit Points : 20 ? SCQF Level : 10 ? Acronym : SBE-4-ASM-VS-S1

This option develops on the learning in Strategic Management in year 3. It does this in a highly practical way: participants will be expected to learn how to develop strategies for firms or business units by actually doing it, making this opetion highly complementary with others available on the programme. In the first few weeks, some particular issues that are currently the focus of widespread concern by senior managers will be examined in some depth. Then the doing will begin, in tasks that will prepare you well for assessment centres, interviews, and future roles in management as well as dissertations. This first involves you presenting a seminar on a topic of particular strategic interest. Then, in a role-play, you will act as a consultant and present strategic recommendations to a case firm.

? Keywords : On completion of the course you should understand:
- how senior management needs to bear different organisational stakeholders and their wants in their strategy formation, the differences between shareholder value and stakeholder approaches, and related corporate governance issues
- the complex resource base of organisations, embracing tangible and intangible, tradable and unique, and how these influence both strategy and the way it is developed
- the perennial challenge of designing organisational structure, which can be seen in very different ways, and which both depends on and itself drives corporate strategy
- the international and global contexts and options in strategy formation which can fundamentally change what firms do and how they do it; whether or not they are themselves international
- the strategic options and practical choices that are faced in growing a firm by entering new markets.

Entry Requirements

? This course is only available to part year visiting students.

? This course is a variant of the following course : AC0027

? Pre-requisites : Strategic Management

Subject Areas

Home subject area

Business Studies, (School of Business and Economics, Schedule H)

Delivery Information

? Normal year taken : 4th year

? Delivery Period : Semester 1 (Blocks 1-2)

? Contact Teaching Time : 2 hour(s) per week for 10 weeks

First Class Information

Date	Start	End	Room	Area	Additional Information
22/09/2008	11:10	13:00	Room G.01, William Robertson Building	Central

All of the following classes

Type	Day	Start	End	Area
Lecture	Friday	11:10	13:00	Central

Summary of Intended Learning Outcomes

On completion of the course the students will be able to:
- digest, interpret and summarise the latest conceptual ideas of strategic management, and present them for management action
- work constructively within a team to develop management options and plans for the development of a business
- persuade colleagues and managers of the value of their ideas, integrating conceptual ideas with practical problems
- and argue coherent recommendations in response to two evident strategic problems faced by the CEO of a case firm

Assessment Information

Course Assignment 40% of the total marks (group work seminar presentation 20%; group work case presentation 20%); and instead of exam visiting students will complete an assignment with respect to the ESC Electronica case study. The case study will be supplied at the beginning of the Semester.