TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS MGT 4476 Strategic Management Prerequisites Senior standing and completion of or concurrent enrollment in remaining business core courses. Description Capstone course for business majors. Integrates knowledge, skills, and concepts acquired in all business courses taken. Requires students to analyze various corporations, determine threats and opportunities posed by the external environment as well as the firm’s strengths and weaknesses, formulate strategic plans for firms, and determine how these plans should be implemented. Objectives On completion of the course, the student should be able to: 1. Describe the strategic-management process, including formulation, implementation, and evaluation. 2. Critically evaluate vision and mission statements, strategic objectives, and organizationlevel strategies. 3. Identify and justify company strengths, weaknesses, opportunities, and threats. 4. List and describe the major competitive challenges facing organizations today. 5. Apply industry competitive analysis and company situational analysis to a manufacturing or service industry case study scenario, correctly using appropriate matrices and models. 6. Integrate business marketing, finance, organizational behavior, and information systems into organizational problem-solving, bridging the gap between theory and practice by articulating when and how to apply management concepts learned in earlier courses. Purpose To show how a well crafted and executed strategy benefits a company’s long-term performance, to integrate concepts from the core curriculum, and to apply strategic management in business settings. The course centers on the theme that a company achieves sustained success if and only if its leadership can implement proficiently an astute, time-strategic game plan for running the company. Numbered BAN 4476 prior to Fall 2005. Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook. The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance. 1 August 2005 Master Syllabus: MGT 4476 2 Approved Texts Coulter, M. (2005 or current). Strategic management in action (3rd ed.). Upper Saddle River, NJ: Prentice-Hall. [Online version available as SafariX WebBook.] Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2008 or current). Strategic management: Competitiveness and globalization: Concepts and cases (9th ed.). Mason, OH: Thomson/South-Western. Rothaermel, F. (2012 or current). Strategic Management: Concepts and Cases. (1st ed.). Boston, MA: McGraw-Hill/Irwin. [eVersions available in numerous formats. Connect Plus available with 1st and subsequent editions, LearnSmart available for 2nd and subsequent editions.] Thompson, A. A., Strickland, A. J., & Gamble, J. E. (2005 or current). Crafting and executing strategy: The quest for competitive advantage: Concepts and cases [with online content and premium content card] (14th ed.). Boston, MA: McGraw-Hill. Supplements Thompson, A. A., Stappenbeck, G. J. (2002 or current). Business strategy game player’s package V7.20 [manual, download code sticker, CD] (7th ed.). Boston, MA: McGrawHill. Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space): 1. Course title 2. Course number + section 3. Term 4. Instructor 5. Prerequisites 6. Office hours 7. Class days, times 8. Classroom location 9. Office location + e-mail address 10. Office telephone 11. Course description, objectives 12. Text(s) 13. Other materials 14. Grading methods, 16. General supports criterion weights, (computer works, make-up policy, writing center) mid-term grade 17. Daily assignments, reports holidays, add/drop 15. Procedure, course & open dates, dead requirements day, final exam 18. ADA statement 19. Electronic device statement 20. Additional services, statements 21. Absence policy 22. Incomplete-work policy 23. Cheating policy 24. Specialization requirements (certification, licensure, teacher competencies)