Strategic Management

    Unit code: BMO2002 | Study level: Undergraduate
    Credit points
    12
    (Generally, 1 credit = 10 hours of classes and independent study.)
    Location
    City Campus
    Footscray Park
    India Online
    Online Real Time
    Victoria University Online
    VU Sydney
    Prerequisites
    N/A
    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: Report
    |
    Grade: 15%
    Simulation strategy (Group)
    Assessment type: Exercise
    |
    Grade: 15%
    Simulation performance (Group)
    Assessment type: Journal
    |
    Grade: 40%
    Critical reflection on simulation x4
    Assessment type: Report
    |
    Grade: 30%
    Case study report and presentation slide pack (Group)

    Other locations

    For students studying at Henan University

    All Assessments are scaffolded and linked to a Business Simulation.

    Assessment type: Report
    |
    Grade: 15%
    Simulation strategy (Group)
    Assessment type: Exercise
    |
    Grade: 15%
    Simulation performance (Group)
    Assessment type: Journal
    |
    Grade: 40%
    Critical Reflection on simulation x4
    Assessment type: Report
    |
    Grade: 30%
    Case study report and presentation slide pack (Group)

    Required reading

    Strategic Management: A Competitive Advantage Approach, Concepts and Cases
    David, F.R., & David, F.R. (2020).| USA: 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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