AØKA08100U Advanced Strategic Management
MSc programme in Economics – elective course
The idea of the course is to provide students with an understanding of how managers make decision and how strategy evolves in different types of companies and contexts as for instance in organizations located in a dynamic and complex environment facing genuine uncertainty. A further idea is to make the students aware of not only the economic but also the political, social, and psychological aspect of managing an organization and how these aspects affect the development of strategies in organizations both in the private and public sector.
First, we look at different perspectives on strategy, management and organization, including the different elements of an organization and its context (environment) as well as on how organizations are structured depending on the context in which they operate.
This is the starting point of a more detailed presentation and discussion of five different organizational archetypes: The entrepreneurial organization; the large mature/older production/service company; the expert organization, the innovative organization; and the divisional form. For each of these archetypes we go in depth on how the organization is structured, how it is managed, how we work with and develop strategies within it, and what specific problems and opportunities each of them contain. Finally, we will for each of the five archetypes investigate the business model (business logic) it is built upon. This part of the course concludes with an overview of how the organizational archetypes evolve over time from one archetype to another archetype as the organization grows and matures.
In the third part of the course, we look at a number of forces which determine and influence the development of strategies in organizations. Here we look at how companies can handle the uncertainty associated with the development of new technologies, the emergence of new values / norms and globalization and the management of strategic alliances, etc. In addition, we also look at how intended and emergent strategies develop over time and how we can organize and manage strategic change processes.
The course provides a comprehensive tool for diagnosing an organization, as a manager, a consultant, or as a job seekers, and up front know the kind of opportunities and challenges this organization typically is faced with concerning leadership, strategy and organizing.
In order to acquire the mark 12 within the course Advanced Strategic Management the student must demonstrate:
Knowledge:
- A deep theoretical knowledge concerning strategy, organisation and management and how they are influenced by different organizational contexts
- An understanding of different organisational archetypes and how they function
- Knowledge concerning different forces including technology, globalization, collaboration and values that affect organizations
- A deep understanding of different ways of organize strategy development processes
Skills:
- An ability to diagnose the archetype or archetypes of an organization
- An ability to diagnose the managerial challenges of an organization
- An ability to diagnose the strategic challenges of an organization
Competences:
- Competences to identify, evaluate and discuss strategic, organizational and managerial issues within case organizations by applying the diagnosing tools, terms and models from the course
- Skills to develop a specific implementation plan for how to work with and organize strategic management and other managerial topics in different organizational contexts
- A skill to evaluate what could be the strategic future development direction for an organization given its present context
The course provide the students with a competence in analysing the circumstances under which business strategies are developed and implemented as well as competences in organizing strategy development processes and decision-making in different types of organizations and environment. The course apply to student who see themselves in a job position as a management consultant, a secretary to the board of managers, and future managers who would like to work with business strategies in private and public organizations.
H. Mintzberg, J. Lampel, J.B.Quinn & S. Ghoshal: “The Strategy Process – Concepts, Contexts, Cases” Fifth Edition, Pearson Education 2014.
ISBN 978-0-273-71628-0
3 hours of lectures per week for 14 weeks.
Timetable and venue:
To see the time and location of lectures please press the link/links under "Se skema" (See schedule) at the right side of this page (17F means Spring 2017).
You can find the similar information partly in English at
https://skema.ku.dk/ku1617/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F17; [Name of course]”
-Select Report Type: List
-Select Period: "Forår/Spring – Week 4-29”
Press: “ View Timetable”
- Category
- Hours
- Exam
- 0,3
- Guidance
- 1
- Lectures
- 42
- Preparation
- 102,7
- Project work
- 60
- Total
- 206,0
for enrolled students. More information about registration, schedule, rules, courses etc. can be found at the student intranet (KUnet) for courses (English) andstudent intranet (KUnet) for courses (Danish).
Registration and information for foreign students not enrolled please find more information at Study Economics.
For enkelfagsstuderende sker tilmelding via Åbent Universitet og Merit.
- Credit
- 7,5 ECTS
- Type of assessment
- Oral examination, 20 min. under invigilationWritten assignmentThe exam is an individually oral examination without preparation, defending a written paper of 3-4 pages. The final mark for the course is a holistic evaluation of both the paper and the oral exam.
The exam can be answered in English or in Danish. Language must be chosen at the course registration. - Aid
- Only certain aids allowed
For the paper all aids are allowed.
At the oral examination the paper and some slides of the case is allowed as aid.
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
100 % censorship
- Exam period
Deadline project paper: May 15, 2017 at noon (12.00)
Oral exam: Week 21 (May 2017). Exact date will be made in agreement with the teacher and the Exam Office.
For enrolled students more information about examination, exam/re-sit, rules etc. is available at the student intranet for Examination (UK) and student intranet for Examination (DK).
- Re-exam
Oral with no preparation in week 35 and/or 36 and the non-passed assignment must be handed with corrections no later than August 24, 2017 at 10 AM
Criteria for exam assesment
In order to acquire the mark 12 within the course Advanced Strategic Management the student must demonstrate:
Knowledge:
- A deep theoretical knowledge concerning strategy, organisation and management and how they are influenced by different organizational contexts
- An understanding of different organisational archetypes and how they function
- Knowledge concerning different forces including technology, globalization, collaboration and values that affect organizations
- A deep understanding of different ways of organize strategy development processes
Skills:
- An ability to diagnose the archetype or archetypes of an organization
- An ability to diagnose the managerial challenges of an organization
- An ability to diagnose the strategic challenges of an organization
Competences:
- Competences to identify, evaluate and discuss strategic, organizational and managerial issues within case organizations by applying the diagnosing tools, terms and models from the course
- Skills to develop a specific implementation plan for how to work with and organize strategic management and other managerial topics in different organizational contexts
- A skill to evaluate what could be the strategic future development direction for an organization given its present context
Course information
- Language
- English
- Course code
- AØKA08100U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Spring
- Schedule
- Teaching:
Spring: Uge 6-20
Timeschedule: See "Remarks"
Exam and re-sits: See "Exam" - Course capacity
- 40
- Continuing and further education
- Price
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- psz853 psz853 (13-7f8075733a746d7e80796d7a7a4c716f7b7a3a77813a7077)
Lecturers
Stig Hartmann (psz853)