MGMT5700 Strategic Management

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Trimester 1UWA (Perth)Face to face
Trimester 2UWA (Perth)Face to face
Trimester 3UWA (Perth)Face to face
Content
This capstone unit takes a general, integrating perspective and 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 course theories and tools to identify key challenges and opportunities; (4) make informed recommendations regarding the optimal path for the organisation for sustainable performance; (5) apply strategy models, frameworks and tools to their own work experiences and develop the knowledge and skills to strategically transform their organisation; (6) demonstrate a high degree of proficiency of written communication in a business context; (7) demonstrate the capability for self-directed learning and reflection; and (8) recognise, understand and respond appropriately to regulatory, ethical, social and sustainability issues.
Assessment
Typically this unit is assessed in the following ways: (1) learning journal; (2) individual assessment; and (3) group assessment. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Adjunct Associate Professor David Blyth
Unit rules
Prerequisites:
enrolment in the Master of Business Administration (coursework)
and
eight units including ACCT5602 Accounting; ECON5503 Economic Management and Strategy; FINA5530 Managerial Finance; MGMT5501 Organisational Behaviour; MGMT5513 Data Driven Decision Making;
and
MKTG5550 Marketing Principles (Note: MGMT5513 Data Driven Decision Making has replaced MGMT5504 Data Analysis and Decision Making—students who have completed MGMT5504 Data Analysis and Decision Making prior to 2015 will be eligible to enrol in this unit.)
Incompatibility:
MGMT5502 Strategic Analysis and Consulting Project
Contact hours
trimester teaching period—lectures/seminars/workshops: up to 3 hours per week; non-standard period—6 sessions of 6 hours
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • 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.