Strategic Management – BUS 4407
This course explores the relationships between organizations and their environments from a corporate policy perspective. Topics to be discussed include organizational structure and development,competition analysis, long and short-range planning, creating mission and vision statements, implementing goals, performance indicators and evaluation.
Learning Objectives and Outcomes:
By the end of this course students will be able to:
- Explain the participants in the strategic management process.
- Apply appropriate strategic management tools to diagnose internal and external factors facing organizations.
- Summarize the types of competitive advantage and explain associated best practices for creating and maintaining advantages.
- Identify the most commonly used corporate strategies and analyze alternatives for creating long-term value.
- Apply modern strategic management techniques and choose the best alternatives in the face of rapidly changing technology.
- Summarize strategic management theory and concepts to explain competitive advantage in the era of globalization.
Course Schedule and Topics
This course will cover the following topics in eight learning sessions, with one Unit per week. The Final Exam will take place during Week/Unit 9 (UoPeople time).
Week 1: Unit 1 – Introduction to Strategy
Week 2: Unit 2 – Industry Analysis and the Five Forces
Week 3: Unit 3 – Strategy Formulation and the SWOT
Week 4: Unit 4 – Strategy Formulation, the PEST, and Success Factors
Week 5: Unit 5 – Competitive Advantage
Week 6: Unit 6 – Corporate Strategies
Week 7: Unit 7 – Innovation and Globalization
Week 8: Unit 8 – Ethics and Globalization
Weel 9: Unit 9 – Review and Final Exam
Learning Guide
The following is an outline of how this course will be conducted, with suggested best practices for students.
Unit 1: Introduction to Strategy
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
Unit 2: Industry Analysis and the Five Forces
- Peer assess Unit 1 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
Unit 3: Strategy Formulation and the SWOT
- Peer assess Unit 2 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
- Take the Graded Quiz
Unit 4: Strategy Formulation, the PEST, and Success Factors
- Peer assess Unit 3 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
Unit 5: Competitive Advantage
- Peer assess Unit 4 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
Unit 6: Corporate Strategies
- Peer assess Unit 5 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
- Take the Graded Quiz
Unit 7: Innovation and Globalization
- Peer assess Unit 6 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
Unit 8: Ethics and Globalization
- Peer assess Unit 7 Written Assignment
- Read the Learning Guide and Reading Assignment
- Participate in the Discussion Assignment (post, comment and rate in Discussion Forum)
- Make entries to the Learning Journal
- Complete and submit the Written Assignment
- Take the Self-Quiz
- Read the Unit 9 Learning Guide carefully for instructions on the Final Exam
- Take the Review Quiz
Unit 9: Course Review and Final Exam
- Read the Learning Guide and take the Review Quiz, if you haven’t already done so
- Prepare for, take, and submit the Final Exam
- The Final Exam will take place during the Thursday and Sunday of Week/Unit 9 (UoPeople time); exact dates, times, and other details will be provided accordingly by your instructor