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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2011/2012
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DRPS : Course Catalogue : Business School : Business Studies

Postgraduate Course: Corporate Failure and Turnaround (MBA) (BUST11160)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) Credits10
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThis elective course creates an awareness of the reasons why organisations experience crises and what might be done to identify problems, to avoid potential failure and to transform the organisation to enable it to succeed in the future. We will review the reasons why organisations have failed or are failing so that we can identify the onset of difficulties as early as possible. Techniques, both quantitative and qualitative, will be reviewed. Successful turnaround strategies will more likely be achieved if problems are recognised early. Various approaches to transformation will be examined with cases and examples.
The main objective is to learn from the experience of others, particularly from past failures and successful turnaround examples. The business environment becomes more and more turbulent and uncertain. Product life cycles are shorter and businesses have to re-invent themselves.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Additional Costs None
Information for Visiting Students
Pre-requisitesAccepted as visiting MBA student
Displayed in Visiting Students Prospectus?No
Course Delivery Information
Not being delivered
Summary of Intended Learning Outcomes
This course seeks to develop graduates of international distinction by supporting high quality education. In accordance with this objective this course will aim to provide an environment where students are encouraged to take responsibility for developing the following attributes as they progress.
Knowledge:
- An understanding of trends in the political, economic, technological, social and cultural environments within which businesses operate.
- An understanding of the forces leading towards international convergence in managerial practices, and those leading to divergence.
- An understanding of the role of business in value creation through the integrated management of business processes.
- An understanding of the theories and tools that support managerial decision making processes in organisations.
- An appreciation of the constraints facing organisations as they balance the application of business and management theories to practical situations.
- Ability to appreciate the changing knowledge base of management and the business environment and to respond to the demands for change
- Capacity to engage with current issues of significance in business and management.
Skills:
- Ability to manage complex business situations that require understanding of a wide range of functional issues
- Ability to evaluate and synthesise information and existing knowledge from numerous sources and experiences
- Ability to integrate functional business skills and personal business experience to find progressive solutions for the challenges of today's businesses and organisations
- Capacity to apply relevant theories to the demands of business and management practice
- Ability to identify complex business issues, ascertain their causes and effects through application of appropriate analytical tools, develop feasible and constructive solutions and provide advice to relevant business managers for successful implementation
Assessment Information
Individual Class Participation: 15%
Group Project: 45%
Individual Management Report: 40%
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsNot entered
Contacts
Course organiserDr Inger Seiferheld
Tel: (0131 6)50 3801
Email: Inger.Seiferheld@ed.ac.uk
Course secretaryMrs Freda Paterson
Tel: (0131 6)50 8065
Email: f.paterson@ed.ac.uk
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