Strategic Management (5cr)

Objective

Upon completion of the course, students will be knowledgeable of the duties involved in strategic leadership and the significance of it in the operations and success of a business. Studens will understand the more common references for analysis in leadership and be competent in applying their knowledge in practice. In addition, students will be aware of the typical contents of a company's strategy process, and they will understand, in particular, how to initiate a strategy and deal with the challenges the change in strategies poses taking into consideration the perspectives of both the management and the employees. Students will have command of the more crucial terminology related to strategic leadership, both in Finnish and in English.

Content

- Concepts and ideologies associated with strategic leadership
- Strategic decision-making
- Strategy process
- Internal and external analysis references for strategic planning
- Initiating a strategy and managing change
- Company's relationship with customers and other interest groups
- Leadership in general and particulary from the point of view of strategic leadership

Qualifications

No prerequisites.

Assessment criteria, satisfactory (1)

Student has done required exercises. Student knows basics and context of the strategic management and basics of strategic process of the organization. Student can discuss phenomenon of strategic management with related concepts.

Assessment criteria, good (3)

In addition to the previous; Student has actively participated in instructions and discussions. Student knows challenges of the strategic process of the organization and he can apply this knowledge. Student can analyze and read phenomenon of strategic management with related concepts and context.

Assessment criteria, excellent (5)

In addition to the previous; Student has also participated in instructions and discussions with constructive and critical argumentation. Student knows also conceptual and theoretical backgrounds of the strategic process. Student can provide different aspects of strategic management with wide conceptual and theoretical methods.

Materials

- Teacher´s material.
- Background reading, e.g.
* Barney, J.B. & Hesterly, W.S. 2011. Strategic Management and Competitive Advantage: Consepts and Cases. International edition (4th edition). Pearson.
* Kamensky, M. 2010. Strateginen johtaminen, Talentum.