MG301 Strategic Management Planning
DESCRIPTION
The unit aims to provide students with a systematic, comprehensive framework for analysing organisational problems and an understanding of the current international research in this area. Primarily the unit aims to help students to develop a better understanding of the strategic aspects of an organisation and the role of accounting in organisational performance, including decision-making, planning and control. Finally, the unit develops an understanding of contemporary management practices and understanding of the corporate governance in merger and acquisitions.
RELEVANT COURSES
Elective unit
CREDIT POINTS
10
DELIVERY MODE
On campus
Intensive
Extensive
PREREQUISITE OR CO-REQUISITE
UNIT LEARNING OUTCOMES
LO1 Analyse and demonstrate understanding and knowledge of strategic management concepts
LO2 Demonstrate and apply knowledge of management accounting as well as ethical perspectives relating to achieving strategic organisational goals and optimisation of business performance.
LO3 Exercise critical thinking, evaluation and judgement for evidence-based problem solving, decision making and planning across a range of strategic management issues
LO4 Effectively communicate in a debating forum about a strategic management issue
CONTENT
Strategic management and strategic competitiveness
The external environment: Opportunities, threats, industry competition, and competitor analysis
The international organisation: Resources, capabilities, core competencies, and competitive advantages
Business-level strategy, competitive rivalry, and competitive dynamics
Corporate-level strategy
Merger and acquisition strategies
International strategy
Cooperative strategy
Corporate governance
Organisational structure and controls
Strategic leadership
Strategic entrepreneurship
ASSESSMENT METHODS
1. Presentation and Debate - 20%
2. Case Study Analysis - 30%
3. Exam - 50%
PRESCRIBED READINGS
Ireland, R.D., Hoskisson, R.E. & Hitt, M.A. (2019). Strategic management concepts: Competitiveness and globalisation (13th ed.). Cengage Learning.
Check with the lecturer each semester before purchasing any textbooks