Strategic Management (with AI Implementation)

No prerequisites

This course introduces the key concepts, tools, and principles of strategy formulation and competitive analysis. It is concerned with managerial decisions and actions that affect the performance and survival of business enterprises. The course is focused on the information, analyses, organizational processes, and skills and business judgement managers must use to devise strategies, position their businesses, define firm boundaries and maximize long-term profits in the face of uncertainty and competition.

1. To develop the student's capacity to think strategically about a company, its business position, how it can gain sustainable competitive advantage, and how to formulate plans to ensure organizational viability.
2. To develop skills using strategic and functional level analytical tools in a variety of companies and industries to facilitate the development and implementation of effective business strategy.
3. To integrate and synthesize knowledge gained in business core courses into a comprehensive approach to managing a multifunctional business organization.
4. To organize and present strategic and operational information appropriate to professional standards and practices.

1. Analyze the main structural features of an industry and develop strategies that position the firm most favourably in relation to competition
2. Recognize the different stages of industry evolution and recommend strategies appropriate to each stage.
3. Appraise the resources and capabilities of the firm in terms of their ability to confer sustainable competitive advantage and formulate strategies that leverage a firm’s core competencies.
4. Demonstrate understanding of the concept of competitive advantage
5. Distinguish the two primary types of competitive advantage: cost and differentiation
6. Analyze dynamics in competitive rivalry including competitive action and response, first-mover advantage, co-opetition and winner-take-all
7. Formulate strategies for exploiting international business opportunities
8. Make recommendations for vertical changes in the boundary of the firm based on an understanding of the advantages of vertical integration
9. Make recommendations for horizontal changes in the boundary of the firm based on an understanding of the conditions under which diversification creates value.
10. Demonstrate the ability to think critically in relation to a particular problem, situation or strategic decision through real-world scenarios.
11. Recognize strategic decisions that present ethical challenges and make appropriate recommendations for ethical decision-making.

The online delivery blends synchronous and asynchronous components. Students complete self-directed assignments hosted on the course platform. Weekly Forums support a required active, rubric-based student contributions that foster collaboration.

Exams may include essays, short answers, or MCQs. Formats include open/closed book. Time zones are considered. Assessments are formative and summative. Students have 2 weeks to review grades and must follow the appeal process in the Student Handbook.

Certificate

Please note that there are three semesters as intake periods as noted on the academic calendar.
Scholarship Awarded (Total Fee: €100)

Registration is done online.