Offering Information
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Course Team
Shalene Werth
Peter Murray
Retha Wiesner
Renee Malan
Summary
Strategy is about planning for the future of organisations, whether profit oriented, government or non-profit entities. The challenge that managers face today is to deploy strategies that achieve sustainable competitive advantage. To achieve sustainable competitive advantage over time, we need an understanding of fast and slow cycle markets, globalisations, and… For more content click the Read More button below.
SynopsisThis course focuses on strategic analysis, strategic capabilities and internal and external dynamics from a resource-based perspective. The course introduces students to an outside-in approach to examine how organisations analyse the environment by assessing the key success factors (KSFs) of an industry. It next uses an inside-out approach to analyse internal capabilities. It does this by matching the internal capabilities to the KSFs required to achieve sustained competitive advantage. The course assessment follows these processes by asking students to develop a range of strategies after reviewing the combined capabilities available. The course content adopts a critical stance at both the business and corporate level but also assesses the structure and systems required to support strategy including financial analysis. In this sense, the course builds on much prior knowledge in other management, economic, financial and technical courses.
Other Requirements
Other
Learning Outcomes
Upon completion of this course, graduates will be able to:
1.
critically reflect on different approaches and perspectives of strategic management and sustainable competitive advantage;
2.
analyse the external environment based on identifying and discussing key success factors;
3.
critically evaluate internal capabilities across a range of organisational resources in relation to industry key success factors;
4.
develop a range of business and corporate strategies based on organisational capabilities and different environments, aimed at strengthening an organisation’s competitive position;
5.
evaluate the structural, financial, people, and technical resources required to support strategy and demonstrate applied knowledge;
6.
critically reflect on the implementation process including strategy redesign and evaluation.
Topics
1. External environmental analysis
2. Internal capabilities assessment
3. Business and corporate level strategy
4. Structure, systems, financial analysis, implementation
1. External environmental analysis
2. Internal capabilities assessment
3. Business and corporate level strategy
4. Structure, systems, financial analysis, implementation
Assessments
Assessment due dates (as listed in Week Due) are indicative until finalised by the end of Week 1 for each Study Period (Offering). After Week 1, Assessment due dates may change with the approval of the Dean (Academic) or Delegate in limited circumstances. All Assessment due date changes approved after Week 1 will be communicated to students accordingly via Handbook and StudyDesk.