4/9/2015 BUSINESS POLICY AND STRATEGY ABOUT THE COURSE... Helen Salavou Assistant Professor, Department of Business Administration 76 Patission Str., 104 34 Athens, Greece tel./fax: 0030 210 8203553 e-mail: esalav@aueb.gr http://www.aueb.gr KEYPOINTS COURSE OUTLINE CONTENT OBJECTIVES S UC U STRUCTURE READING MATERIAL ASSESSMENT CRITERIA CONTACT DETAILS COURSE OUTLINE: CONTENT Strategic management (Business Policy and Strategy) involves how to direct a company into the near future… How to analyze the external and internal environment of the company to set long-term goals How to select a strategy given a number of alternative options How to successfully implement the chosen strategy 1 4/9/2015 COURSE OUTLINE: OBJECTIVES The students should be able to: conduct environmental analysis of a given organization to identify basic elements in terms of opportunities, threats, strengths and weaknesses. Identify and assess potential strategic choices. Propose how to Implement the most appropriate strategy. COURSE OUTLINE: STRUCTURE Teaching (30%) -reading (70%) course Teaching Lectures: 5 Theory (65%) Practice (35%) Reading On your own… COURSE OUTLINE: READING MATERIAL Hill, C.W.L. and G.R. Jones, ‘Strategic Management: An Integrated Approach’, 2010, 9th edition ISBN-13: 978 0 538 75107 0 Chapters (9th edition): 1, 2, 3, 5, 6, 9, 10, 12 and 13 2 4/9/2015 BOOK 9TH EDITION in electronic version (pdf) BOOK: OTHER EDITIONS… 7TH EDITION 8TH EDITION COURSE OUTLINE: ADDITIONAL READING MATERIAL Johnson G. and K. Scholes, ‘Exploring Corporate Strategy: Text and Cases’, FT Prentice Hall, 2002, sixth edition Chapters: 1, 2, 3, 4, 6, 7, 8, 9 3 4/9/2015 COURSE OUTLINE: ADDITIONAL READING MATERIAL Hamel, G. and Prahalad, C.K., 1994. Competing for the future, Harvard Business School Press, USA. Mintzberg, H., Ahlstrand, B. and Lampel, J., 2005. Strategy bites back, Prentice Hall, UK. Coulter, M., 2002. Strategic Management in Action, 2nd edition, Prentice Hall, NJ. David, F.R., 2001. Strategic Management: Concepts and Cases, 8th edition, Prentice Hall, NJ. Hitt, M. A., Ireland, D. R. and Hoskisson, R. E., 2001. Strategic Management: Competitiveness and Globalization, 4th edition, South-Western College Publishing. Lynch R., 2000. Corporate Strategy, 2nd edition, Pitman Publishing, London. COURSE OUTLINE: E-MATERIAL e-Class ATHENS UNIVERSITY OF ECONOMICS AND BUSINESS, e-Class Κατάλογος Μαθημάτων/Επιλογή Τμήματος (Courses Catalogue/Department selection) Οργάνωσης (ΟDE) και ∆ιοίκησης Επιχειρήσεων BUSINESS POLICY AND STRATEGY (ERASMUS STUDENTS) http://eclass.aueb.gr/ODE219/ ASSESSMENT CRITERIA Final grade is based on: 1 case assignment (50%) final (open book) exams (50%) Case assignment C i t iis compulsory, l otherwise you can not complete the course. 4 4/9/2015 CONTACT DETAILS office: 12 Kodrigtonos str., 4nd floor e-mail: il esalav@aueb.gr phone number: 210 8203553 5 4/9/2015 HERACLITUS OF EPHESUS (~500 BCE) Pre-Socratic Greek philosopher «Erudition alone cannot cultivate the mind» The secret is not knowing a lot but knowing how to use them (not only the ingredients but also the recipe) Which are the models to emphasize and which to ignore? we use something exactly as it is and when we make adjustments? When we apply and when we skip the rules? When we use one concept and when we combine many concepts? When 16 6