MANAGEMT 7044 - Strategic Management

North Terrace Campus - Trimester 1 - 2016

Strategic management is concerned with the long-term direction, scope and performance of an organization. As such it draws on other disciplines (e.g. marketing, finance, economics, organisational behaviour) already covered in the MBA. Whether the overall 'strategy' of an organization emerges from the interplay of functional departments or is a 'grand plan' devised by one group, its implementation takes place at the functional/process level where goals, plans and actions need to align with other departments as part of a coherent orientation. Hence all managers need to understand how their roles and functions are part of the overall strategy of the organization.

  • General Course Information
    Course Details
    Course Code MANAGEMT 7044
    Course Strategic Management
    Coordinating Unit Business School
    Term Trimester 1
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Course Description Strategic management is concerned with the long-term direction, scope and performance of an organization. As such it draws on other disciplines (e.g. marketing, finance, economics, organisational behaviour) already covered in the MBA. Whether the overall 'strategy' of an organization emerges from the interplay of functional departments or is a 'grand plan' devised by one group, its implementation takes place at the functional/process level where goals, plans and actions need to align with other departments as part of a coherent orientation. Hence all managers need to understand how their roles and functions are part of the overall strategy of the organization.
    Course Staff

    Course Coordinator: Dr Georges Baume

    Office Location: Room 36, 10 Pulteney Street
    Telephone: 8313 4653
    Email: georges.baume@adelaide.edu.au

    Dr Georges Baume joined the Adelaide Graduate School of Business in 2000. He has a wealth of international experience in graduate management education. An Oxford and Adelaide graduate, Georges has extensive consulting and executive education experience with which he enriches his MBA teachings. He travels extensively and lectures internationally (Australia, New Zealand, Singapore, Malaysia, Hong Kong, Finland, France, and Canada). He is highly sought after as an accomplished and successful strategy lecturer, and his courses are among the most popular in the Adelaide MBA program.

    Georges' passion is teaching. His enthusiasm, interest, and energies are focused on creating a wonderfully rich and stimulating learning environment. Georges' primary concern is to address his students' needs and to challenge them to reach beyond their own expectations. Dr Baume has been nominated for and won the Adelaide University Postgraduate Students Association Lecturer of the Year Award on three separate occasions. In 2009, he was awarded an Australian Award for University Teaching - the ALTC Citation for Outstanding Contributions to Post Graduate Teaching and Student Learning - “For sustained commitment to excellence in the delivery of MBA courses to transnational postgraduate students, resulting in students’ growth as confident, critical thinkers and decision makers”. In 2009 he was also the recipient of the prestigious Stephen Cole the Elder prize for excellence in teaching at the University of Adelaide and was nominated for the Pearson Education ANZAM Management Educator of the Year Award. In both 2010 and 2011, he was nominated for an all Australian Learning and Teaching Contribution award. Dr Baume is widely recognised by both his students and his peers as an outstanding and successful educator with an unquestionable dedication to the profession.

    Dr Baume has a wide range of business experience, with skills in managing, consulting, teaching and research. He has an excellent practical knowledge of corporate and strategic management. His main area of management and research interests lies with the service sector, with a focus on the development and application of strategic principles and key success factors that can enable firms to perform, compete, and succeed in the new economy.

    Georges’ qualifications include a Ph.D, and an MBA from Adelaide University, an M.Sc. from Oxford University, a Dip. Ed., and a Bachelor of Arts from Flinders University. Georges is a Chartered Member of the Australian Human Resource Institute and a Fellow of the Australian Management Institute
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes

    Knowledge and Understanding

    This course is designed to give students the skills to

    · analyse strategic macro environmental issues;

    · analyse industry factors, and identify their impact on profitability and strategic positioning;

    · assess organisational performance;

    · identify strategic capabilities and gaps;

    · assess and evaluate SBU strategies; and

    · analyse and implement strategy at the single business unit level.

    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
  • Learning Resources
    Required Resources
    An eBook has been created for your ease of use and access. 

    https://create.mheducation.com/shop/#/catalog/details/?isbn=9781308720357

    The eBook is based on: Thompson, A., Strickland, A., Peteraf. M., and Gamble, J.E. (2015) Crafting and Executing Strategy:The Quest for Competitive Advantage, Concepts and Cases, (20th edition) McGraw Hill. ISBN-13: 978-0077720599 ISBN-10: 0077720598
    Recommended Resources
    There are many business strategy texts that students can use as references. Useful references include:

    Angwin D., Cummings S., & Smith C. (2011), The Strategy Pathfinder, Core Concepts and Micro-Cases, 2nd Ed, Blackwell Pub.
    Colls, D., and Montgomery, C. (2005), Corporate Strategy: A Resource-Based Approach. (2nd edition) McGraw-Hill/Irwin.
    Johnson, G., Scholes, K., and Whittington, R. (2005), Exploring Corporate Strategy. (7th edition) FT Prentice Hall.
    McGee J., Thomas H., Wilson D. (2005), Strategy Analysis and Practice, McGraw Hill Pub.
    Pearce J.A., and Robinson R.B. Jr (2003), Strategic Management, Formulation, Implementation, and Control, (8th Ed), McGraw Hill Pub

    Other useful (Australian) references on business strategy include:

    Davis, J., and Devinney, T. (1997) The Essence of Corporate Strategy. Allen & Unwin.
    Hubbard, G., Rice J. and Beamish P (2007), Strategic Management: Thinking, Analysis and Action. (3rd ed) Pearson Education Australia.
    Twite, G. and O’Keeffe, M. (eds) (2000) New Directions in Corporate Strategy. Allen & Unwin.
    Viljoen, J. and Dann, S. (2003), Strategic Management. (4th ed) Prentice Hall.
    Online Learning
    Important messages, topic notes, power point slides, case studies and other materials relating to the course will be placed on MyUni throughout the course. MyUni can be found at (www.myuni.adelaide.edu.au)
  • Learning & Teaching Activities
    Learning & Teaching Modes

    No information currently available.

    Workload

    No information currently available.

    Learning Activities Summary

    No information currently available.

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    No information currently available.

    Assessment Detail

    No information currently available.

    Submission

    No information currently available.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
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