Undergraduate Course: International Strategic Management in Practice (BUST10104)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | Strategy is central to contemporary organizations. This course seeks to outline the analytical contours of modern strategy in the broader context of globalization. |
| Course description |
Conceptually, the course will examine debates on decision-making, elites, financialization, globalization, power and politics, and performativity/reactivity. The course will illustrate these concepts through real life examples, including an exploration of the global financial crisis, a study of changes in the BBC, and an evaluation of the implications of the social media for strategy. The course will blend theory with practice, encouraging participants to reflect on how they would deal with complex strategic problems. The course will comprise of lectures, class presentations and visits by some guest speakers.
Syllabus
The Contours of Strategy
The Contours of Strategy
Organizational Identity
Globalization and Financialization
Social Capital and Networks
Strategic Decision Making
Power & Politics
Trust and Legitimacy
Business Elites
Student Learning Experience
The sessions comprise of lectures, discussions and presentations and case studies and students will gain from the experience of:
Engaging with cutting edge debates
Researching and preparing a case study.
Presenting their findings in a confident and compelling manner.
Preparing a 'professional standard' consultancy report.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
It is RECOMMENDED that students have passed
Strategic Management (CMSE10002)
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | Business Studies Honours entry. |
Information for Visiting Students
| Pre-requisites | Visiting students should have at least 3 Business Studies courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses. |
| High Demand Course? |
Yes |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and discuss critically of the interconnections between strategy, organizations and broader societal issues.
- Understand and discuss critically the implications of globalization for strategy, the rise of financialization and its implications for strategists, and the processes of strategic decision-making.
- Understand and discuss critically the role of power and politics in organizational life.
- Understand and discuss critically the potential impact of rankings and league tables on strategy making, and the challenges social media pose for strategy.
- Understand and discuss critically the formation of corporation elites.
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Reading List
There is no set text for this course. Participants will be given access to draft text book chapters written by the course lecturer and various journal articles.
Participants are expected to buy one of the following for the group work (nb. please do not purchase before the groups are allocated):
Coll, S. (2012) Private Empire.
Esler, G. (2012) Lessons from the Top. London: Profile Books.
Kirkpatrick, D (2010) The Facebook Effect.
Martin, I. (2013) Making it Happen: Fred Goodwin, RBS and the men who blew up the British economy. London: Simon and Schuster
McNish, J. and Silcoff, S (2015) Losing the Signal: The Untold Story Behind the Extraordinary Rise and Spectacular Fall of Blackberry. London: Flatiron.
Perman, R. (2012) Hubris: How HBOS wrecked the best bank in Britain. Edinburgh: Birlinn.
Stone, B. (2013) The Everything Store. London: Transworld.
Witt, S. (2015) How Music Got Free: What Happens When an Entire Generation Commits the Same Crime? London: The Bodley Head / Penguin Random House.
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Additional Information
| Graduate Attributes and Skills |
The course will allow participants to develop their practical strategic skills further. More specifically, course members should be able to:
* Analyse a strategic situation coherently and credibly.
* Develop research skills.
* Work as part of a group to produce a high quality report, where you prepare an impressive written analysis and a creative range of recommendations.
* Present persuasively your report findings and recommendations to the class, acting as an effective advocate for your findings.
* Demonstrate a sophisticated grasp of current issues in strategy.
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| Additional Class Delivery Information |
2 hour lecture Mondays 1100 - 1300 |
| Keywords | ISMP |
Contacts
| Course organiser | Prof Chris Carter
Tel: (0131 6)51 5540
Email: Chris.Carter@ed.ac.uk |
Course secretary | Miss Sara Dennison
Tel: (0131 6)50 3825
Email: Sara.Dennison@ed.ac.uk |
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