MGMT5503 Management Strategy
- 6 points
|Semester 2||UWA (Perth)||Face to face|
- 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.
- 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.
- 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
- MGMT5507 Management and Organisations
- 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.
- 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 via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.