Information on individual educational components (ECTS-Course descriptions) per semester

Degree programme: Bachelor International Business Part-time
Type of degree: FH Bachelor´s Degree Programme
Part-time
Summer Semester 2021

Course unit title Contemporary Issues in Strategic Management
Course unit code 025007045007
Language of instruction English
Type of course unit (compulsory, optional) Elective
Semester when the course unit is delivered Summer Semester 2021
Teaching hours per week 2
Year of study 2021
Number of ECTS credits allocated First Cycle (Bachelor)
Number of ECTS credits allocated 3
Name of lecturer(s) Tahir RASHID


Prerequisites and co-requisites
  • none

Course content
  • Review of strategic analysis
  • Globalisation
  • Emerging economies
  • Agility & Design
  • Digital strategy
  • Business ethics & sustainability
  • Small & Medium enterprises
  • Strategic Performance measurement
  • Future strategic thinking

Learning outcomes

This module discusses the contemporary issues in Strategic Management. The module identifies new approaches, and uses academic and practitioner literature to understand these contemporary issues, to develop strategic plans with value as a guiding principle.  The module deals with competitive advantage in terms of market-based and state-based perspectives, and applies the use of in-depth case studies to understand the challenges SMEs and large organisations face in terms of globalisation, emerging economies, digitalisation, ethics and sustainability and measuring performance. 

Knowlegde

  • Students appreciate the political, economic and regulatory forces impacting the global organisation
  • Students appreciate the importance of business ethics & sustainability

Comprehension

  • Students understand what firms need to do to deal with unstable and unpredictable digital environment

Application

  • Students are able to describe the various approaches and types of performance measurement systems

Analysis

  • Students analyse critically how globalisation shapes organisational structures of traditional organisation
  • Students analyse the influence of emerging economies

Synthesis

  • Students become conscious to the factors that influence strategy formulation and execution in SMEs

Planned learning activities and teaching methods

The module incorporates a wide range of approaches to teaching, learning and assessment  and will be taught through interactive/participative lectures and seminars.  Typically, a session will contain a mixture of activities: generally based around interactive lecturing, dealing with a number of specific issues/topics. These may then be examined in greater detail by students, who might be asked to work in small groups on a case study, or an article.  Groups present their solutions to the entire group, and this would be openly discussed. The tutor introduces and explains key concepts and learning points, which are consolidated by class discussion and case study analysis to achieve understanding and to prepare for assessment.  In addition to these class – based secondary resources, an outline syllabus content and associated reading list is provided at the start of the module, and is referred to in class sessions to promote guided personal study.


Assessment methods and criteria

Using a case study you will be required to analyse the contemporary issues affecting the case and recommend  strategies to deal with these issues. The assessments will be base in two parts: 

Group Presentation: 50%

In groups students will be required to analyse a selected case and make their strategic recommendations 

Group  Assignment 50% (2500 words) 

Using the same case study and based upon the feedback received for the  presentations students then write  a report applying theory to practice and highlighting their individual contributing to the assessment.


Comment

none


Recommended or required reading

Key Text

Phillips, P. and Moutinho, L. (2017) Contemporary Issues in Strategic Management, London: Routledge

Other suggested Readings

Haberberg, A. & Rieple, A. (2007) Strategic Management – Theory and Application. Oxford University Press

Johnson, G, Scholes, K, Whittington, R. Angwin, D. and Regner, P.  (2017) Exploring Corporate Strategy Text and Cases, 11th edition, Prentice Hall.

Lynch, R. (2015) Strategic Management 7th edn. Pearson Education

Thompson, A.A., Peteraf, M, Gamble, J.E. and Strickland, A.J. (2015) Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases 20th edn. McGraw-Hill

Wheelen, T.L., Hunger, J.D., Hoffman, A.N. & Bamford, C.E. (2015) Strategic Management and Business Policy: Globalization, Innovation and Sustainability 14th edn. Pearson Education


Mode of delivery (face-to-face, distance learning)

Face to Face