Strategic Management in Disruptive Times – Theory and Practice
- Faculty
Faculty of Business Management and Social Sciences
- Version
Version 1 of 25.11.2024.
- Module identifier
22M1132
- Module level
Master
- Language of instruction
English
- ECTS credit points and grading
5.0
- Module frequency
only summerterm
- Duration
1 semester
- Brief description
This course is designed for future managers and leaders that are keen to be involved in the startegic management process in organisation during disruptive phases. The module is designed to assist students to develop a strategic mindset and to acquire the essential skills to survive a turbulent business world. They will be introduced to concepts and analytical tools covering the strategic analysis, the identification and choice of strategic options and address the challenges and pitfalls of implementing strategy. A dynamic and hands on approach is taken throughout the lecture activities and case studies where participants are challenged to think and reflect about how to apply strategic frameworks and concepts to their own research work . By the end of the course students should be equipped with the tools and techniques to be effective in thinking and acting strategically.
- Teaching and learning outcomes
1. Strategic Environment.
2. Disruptive forces and their impact.
3. Alignment and Adjustment of strategies due to disruption.
4. Evaluation of Strategic Capabilities.
5. Strategic Purpose.
6. Disruptive Scope.
7. Strategy Development Process.
8. Assessment of Strategic Management.
9. Critical Reflection on Strategy and Disruption.
- Overall workload
The total workload for the module is 150 hours (see also "ECTS credit points and grading").
- Teaching and learning methods
Lecturer based learning Hours of workload Type of teaching Media implementation Concretization 10 Lecture Presence - 35 Learning in groups / Coaching of groups Presence - Lecturer independent learning Hours of workload Type of teaching Media implementation Concretization 30 Exam preparation - 40 Preparation/follow-up for course work - 35 Work in small groups -
- Graded examination
- Portfolio exam
- Remark on the assessment methods
The portfolio examination covers 100 points and consists of a one-hour written examination and a case study report (presentation and written report). The written examination is weighted by 40 points and the report by 60 points.
- Exam duration and scope
Written examination of the portfolio examination: in accordance wih the valid study regulations
Presentation of the portfolio examination: approx. 25 minutes
Written report of the portfolio examination: approx. 30 pagesThe requirements are specified in the respective lectures.
- Recommended prior knowledge
Fundamental principles of strategic management, strategy process, management tools, management concepts, strategy evaluation, fundamental principles of controlling, fundamental processes of project and process management
- Knowledge Broadening
Students who have completed the module successfully,
- have a knowledge about principles of strategic management
- are familiar with key analytical tools for strategy formulation
- understand business and corporate strategies at all levels of the organisation
- develop and undersand best practices for strategy implementation
- Knowledge deepening
Students who have completed the module successfully will know how to;
- adopt an strategic mindset
- articulate strategic requirements
- harness disruptive issues and situations in a business context and find a valid strategic positioning
- demonstrate awareness of the issues associated with the growth of an organisation in order to address change
- Knowledge Understanding
Students who have completed the module successfully are able to;
- analyse and understand the complexities of an organisation
- analyse and understand strategic implications during crisis management
- analyse and communicate essential moves to design and implement change
- Application and Transfer
Students who have completed the module successfully;
- can review and analyse a business situation
- can systematically evaluate cause and effect scenarios
- able to use research methods to evluate and reflect and find solutions
- Academic Innovation
Students who have completed the module successfully;
- able to apply theories and models to business development issues in an innovative manner
- can analyse and present MECE arguments
- can conduct independent research and development new contempory approaches to strategic situations
- able to demonstrate a high level of expertise in the field of strategic management both in study and professional practice
- Communication and Cooperation
Students who have completed the module successfully;
- able to interpret and explain disruptions in organisational situations related to strategy
- able to modify their leadership behaviour so to improve strategic performance
- can collect and interpret data both internal and external environments leading to a decision making process
- Academic Self-Conception / Professionalism
Students who have completed the module successfully;
- can crittically reflect on developed or proposed strategies
- can assess a situatin at hand with relevant information and consolidate this into strategic solutions with persuasive stances
- can analyse and present MECE arguments
- Literature
Hill, Ch.W.L., Jones, G.R. Strategic Management, An Integrated Approach,(1999), South Western Education.
Mintzberg, H. et.al. The Strategy Process - Concepts, Contexts, Cases, (2003), Prentic Hall.
Lynch, R.Corporate Strategy,(2000),2nd Edition, Financial Times/Prentice Hall.
- Applicability in study programs
- International Business and Management (Master)
- International Business and Management, M.A. (01.09.2024)
- Person responsible for the module
- Kaur-Lahrmann, Ravinder
- Teachers
- Kaur-Lahrmann, Ravinder