Abasyn University Peshawar Fall semester Course Outline Code Credit Hours Department Course Objectives MG411 Title 3 Session Department of Management Sciences Strategic Management Fall 2014 Instructor Faryal Raheem Email Book(s) faryal.raheem@abasyn.edu.pk Website www.helpingnotes.com Class Policy The students must reach the class-rooms in time. Late comers may join the class but are not entitled to be marked ”present”. The assignment submission dead-line must be observed. In case of late submission, certain percentage may be deducted for each day. Those who are absent on the announcement date of the assignment / test, must get the topic / chapter of the test / assignment confirmed through their peers. Mobile phones must be switched-off in the class-rooms. Internal Evaluation 50 Marks Final Term Exam 50 Marks Increase student’s understanding of what managers should and should not do in guiding a business to success. Build student’s skills in sizing up company strengths and weaknesses and conduct strategic analysis in a variety of industries and competitive situations. Enhance student’s sense of business judgment and help them practice in identifying strategic issues that need to be addressed, evaluating strategic alternatives and formulating plans of action Recommended book Strategic Management; concept and cases, 12th edition or latest edition, Fred R. David Refrence Book Contemporary Strategy Analysis by Robert Grant Winning Through Innovation by Michael Tushman & Charles O'Reilly Strategic Management & Business Policy by Thomas L. Wheelen & J. David Hunger Strategic Management: Concepts & Cases by Arthur A. Thompson & A. J. Strickland 1. Strategic Management Journal 2. Harvard Business Review 3. The Journal of Business Strategy 4. Strategy and Leadership Grading Policy Mid-Term Exam Attendance / Conduct Assignments Tests / Presentations 25 Marks 05 Marks 15 Marks 05 Marks Final Term Exam 50 Marks Weeks Topics to be covered References 1 The nature of Strategic Management Key terms in Strategic Management The strategic Management Model Benefits of Strategic Management Case Study: A case Study Of Walmart Chapter 01 2 3 4 5 Strategy Formulation The Business Vision and Mission Importance of Vision and mission Statement Characteristics of a Mission Statement Mission statement components Assignment on study of 5 companies mission statement according to the components. The external Assessment The Nature of an external Audit The Industrial Organization (I/O) View Economic forces, social, cultural, demographic, and environmental, Political, government and legal, technological, competitive forces Industry analysis: The external Factor Evaluation (EFE) matrix. The Competitive Profile matrix (CPM) Chapter 02 Chapter 3 Chapter 3 The Internal Assessment The nature of an Internal Audit The resource based View The Internal Factor Evaluation (IFE) matrix Case Study on SWOT analysis of Starbucks. Chapter 4 6 8 9 10 11 12 13 14 Strategies in Action Long Term objectives Types of Strategies Michel Porters Five generic Strategies Mid Term Strategies Analysis and Choice The Nature of Strategy Analysis and choice The Input stage (EFE, IFE, CPM) case study Strategic management and human Resources The matching stage SPACE Matrix BCG Matrix IE Matrix GRAND Matrix SWOT Matrix Strategy Implementation Implementation Strategies: management and operation issues ( annual objective, Policies, resource allocation, managing Conflict, matching strategy with Structure, Restructuring, Re-engineering, linking performance and pay to strategies, managing resistance to change, managing the natural environment, creating a strategy supportive culture, HR concerns when implementing strategies) Case study H: Entry strategy of an Asian car manufacturer in the Swiss market Implementing Strategies: marketing, finance/Accounting, R&D and MIS Issues. (Self Study) Strategy evaluation The Nature of Strategy Evaluation A strategy evaluation frame work The Balance Score card Characteristics of Effective Evaluation Chapter 5 Chapter 06 Chapter 6 Chapter 07 Chapter 07 Chapter 08 Chapter 09 Chapter 09 15 Quize/Revision/Test /Presentations Final Teachers Name: Faryal Raheem Teachers Signature: ___________________________ Approved by HoD/ Coordinator: _________________ Dated_________________