MGF5976 · Strategic management

Overview

This unit explores strategy and its related concepts. The focus is on strategic management – the process of defining purposes and objectives, analysing external and internal environments, formulating and implementing a viable and sustainable strategy, and evaluating firm performance. In this unit, you will develop the ability to see the enterprise as a whole, and to understand how and why the general manager can make a difference to the long-term performance of the entire firm. Through readings, cases, and lectures, you will be exposed to a wide-ranging, up-to-date synthesis of the growing body of literature on strategic management, and are placed in simulated managerial roles where you can apply strategy concepts and theories in contemporary management situations.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. assess complex situations and identify the core strategic issues firms face
2. gather and analyse relevant data pertaining to firms’ external and internal environments
3. critically apply strategic management theories and analytical tools to develop appropriate strategies
4. identify the courses of action that will effectively support firm strategies
5. evaluate firm strategies in financial, social, and sustainability terms
6. demonstrate knowledge or skills for crafting sustainable futures for people, organisations, communities, and/or the environment.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.