Strategic renewal of business (5cr)

Evaluation scale

1-5

Objective

Student is able to describe the core conceptual tensions involved in strategic renewal. The student is able to identify trends and developments in the operating environment on firm and industry level. Student can describe change drivers and their role and importance in the strategic renewal. Student can evaluate the impact of the identified factors of change and transformation processes and analyze the value creation and business logic model in a changing world. Student can recognize and assess new business opportunities. Student can act in the learning team and evaluate his/her own knowledge development.

Content

- strategic renewal
- environmental and internal analysis
- strategic tools and methods
- leading strategic renewal

Materials

Journal articles to be announces. Strongly recommended reading: Ritakallio, T. & Vuori, T. (2018). Elävä strategia: Kyky nähdä, taito tarttua tulevaisuuteen. Alma Talent.

Teaching methods

Lectures, independent study, practical written excercise

Employer connections

It is recommended to write the practicial excercise in relation to a genuine case.

Completion alternatives

Exam.

Student workload

lectures 16h, independent study 80h, excercise 40h

Assessment criteria, satisfactory (1)

Student participates in teaching and debate passively
Student uses and applies the concepts with a shallow analysis
Student assesses the changing operating environment and its impacts at a superficial level
Student works at identifying new business opportunities with a somewhat incomplete analysis
Student is able to apply strategic tools at a limited level
Student evaluates his/her learning outcomes narrowly

Assessment criteria, good (3)

Student participates in classroom work quite actively and present own opinions occasionally
Student applies the concepts logically
Student analyses the operating environment and its changes diligently
Student applies strategic tools systematically
Student is able to identify a new business opportunity and assess it credibly
Student is able to assess his/her own learning to some extent

Assessment criteria, excellent (5)

Student is actively involved in teaching and presents own analytical views on the issues discussed
Student applies the concepts logically and with insight
Student analyses the operating environment and its changes systematically and with versatility
Student applies strategic tools systematically and context-sensitively
Student is able to identify a viable new business opportunity and provide credible arguments for it
Student is able to assess his/her own learning in different ways