MGMT5503 Management Strategy

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Content
This unit is concerned with setting the strategic direction of organisations. The most important outcome from undertaking the unit is that students better consider how managers and organisations can think and act in a strategic way. The unit predominately uses case studies to improve the strategic thinking capability of students. A number of topics are considered: what strategy is; how strategy happens within organisations; vision, strategy and values; analysing environmental forces and searching for a sustainable competitive advantage; competitor positioning and game theory; the impact of disruptive technologies on business model innovation including forming inter-organisational networks of relationships; entrepreneurial strategies; core competencies; parenting advantage; strategic turnaround; chaos theory; measuring strategy; strategic leadership and ethics; and managing strategic change.
Outcomes
Students are able to (1) explain the strategic management process through exposure to theoretical concepts and current developments in the field; (2) develop an appreciation of the organisation as an integrated system through extensive case analyses, encompassing a variety of concepts and theories covered in class; (3) think strategically and apply key unit theories and tools to identify key challenges and opportunities; (4) make informed recommendations regarding the optimal path for the organisation for sustainable performance; and (5) recognise, understand and respond appropriately to regulatory, ethical, social and sustainability issues.
Assessment
Indicative assessments in this unit are as follows: (1) individual case study; (2) group case study; and (3) examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr David Fan
Unit rules
Prerequisites:
MGMT5507 Management and Organisations
Incompatibility:
MGMT5700 Strategic Management
Contact hours
seminars: 12 x 3 hours
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
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  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.