Strategic Management

Unit code: BMO2002 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
Online Real Time
VU Online
VU Sydney
Prerequisites
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
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Overview

Build your leadership skills and learn to drive motivation with the Strategic Management unit.

You will investigate different strategies to deal with the unknown and think like a strategist.

You will learn to:

  • analyse your business and its environment
  • make critical business decisions
  • build the skills needed to present recommendations to achieve long-term organisational goals
  • guide an organisation to success in the face of market uncertainties.

Become a leader who can create a culture of competitive innovation and growth in the business world.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Critique and review the strategic management concepts that contribute to the effective management of organisational resources and critique the role of culture, values and dispositions in achieving specified goals;
  2. Devise and apply selective strategic decision-making processes to identify strategic options and develop a strategic plan for a business organisation in a market of uncertainty, and justify the conclusions and/or recommendations drawn;
  3. Critique and reflect on the current and planned capabilities of the business organisation to synthesise and recommend sustainable practices in a dynamic and uncertain business setting; and,
  4. Collaboratively prepare and present relevant strategic management knowledge and principles in a clear and coherent manner demonstrating intellectual independence and the initiation and development of new ideas.

Assessment

For Melbourne campuses

All Assessments are scaffolded and linked to a Business Simulation.

Assessment type:
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Grade:
Simulation strategy (Group)
Assessment type:
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Grade:
Simulation performance (Group)
Assessment type:
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Grade:
Critical reflection on simulation x4
Assessment type:
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Grade:
Case study report and presentation slide pack (Group)

Other locations

All Assessments are scaffolded and linked to a Business Simulation.

Assessment type:
|
Grade:
Simulation strategy (Group)
Assessment type:
|
Grade:
Simulation performance (Group)
Assessment type:
|
Grade:
Critical Reflection on simulation x4
Assessment type:
|
Grade:
Case study report and presentation slide pack (Group)
Assessment type:
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Grade:
Effective management of organisational resources
Assessment type:
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Grade:
Strategic business plan
Assessment type:
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Grade:
Business report

Required reading

Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.

Strategic management: A competitive advantage approach, concepts and cases
David, F. R., & David, F. R. (2020).| Pearson Higher Ed.

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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