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Strategic Management - course description

General information
Course name Strategic Management
Course ID 06.9-WM-ER-ZiIP-28_18
Faculty Faculty of Mechanical Engineering
Field of study WM - oferta ERASMUS
Education profile -
Level of studies Erasmus programme
Beginning semester winter term 2019/2020
Course information
Semester 1
ECTS credits to win 3
Course type obligatory
Teaching language english
Author of syllabus
  • prof. dr hab. inż. Justyna Patalas-Maliszewska
Classes forms
The class form Hours per semester (full-time) Hours per week (full-time) Hours per semester (part-time) Hours per week (part-time) Form of assignment
Lecture 15 1 - - Credit with grade
Class 15 1 - - Credit with grade

Aim of the course

The main result of this course is to know the methods and tools of strategic analysis, requirements for  formulation and implementation strategy, and the essence of enterprise development strategy.

Prerequisites

Marketing, Economics

Scope

Course provides a comprehensive approach of strategic analysis and strategy formulation for the company. The concept, origin and development of strategic management, stages of strategic management, strategic planning methodology, selection of methods and tools of strategic analysis: analysis of the environment further and closer (benchmarking method, the method of Porter's five forces, PEST method), analysis of the potential of the company (product life cycle methods portfolio: McKinsey matrix, matrix Hofer'a, BCG matrix, SWOT analysis, strategic balance), analysis of SPACE. The company's competitive advantage: the key competencies, competition in the sector, the map of strategic groups, concept clusters, offering strategic alliances for the company. Strategic analysis of information sources: building and protection of strategic information system in the enterprise. The process of formulation and implementation of strategy.

Class:

·         analysis of the environment further and closer (benchmarking method, the method of Porter's five forces, PEST method),

·         analysis of the potential of the company (product life cycle methods portfolio: McKinsey matrix, matrix Hofer'a, BCG matrix, SWOT analysis, strategic balance),

·         analysis of SPACE,

        company's competitive advantage: the key competencies, competition in the sector, the map of strategic groups, concept clusters, offering strategic alliances for the company

 

Teaching methods

Lecture, classes.

Learning outcomes and methods of theirs verification

Outcome description Outcome symbols Methods of verification The class form

Assignment conditions

Lecture: grade

Evaluation of the results of the written test covering knowledge of the content of the subject.

Class: grade

Evaluation of the results of the written  test.

Recommended reading

1.     Drucker, P. (1994). ‘The theory of the business’. Harvard Business Review, September–October

2.     Hamel, G. and Prahalad, C. K. (1994). Competing for the Future. Boston, MA: Harvard Business Press

Further reading

Notes


Modified by prof. dr hab. inż. Justyna Patalas-Maliszewska (last modification: 09-05-2019 14:02)