Identification Prerequisites Language Compulsory/Elective Text books and course materials Economics and Management Undergraduate MGT 465 Strategic Management and Business Policy – 3KU credits (6ECTS credits) Fall, 2015 Term rasulhajiyev88@gmail.com Instructor 41 Mehseti Str. Neftchilar Campus,WED 18:30-21:00 p.m room 306n Classroom/hours MKT 301 Principles of Marketing / MGT 310 Management and Organization English Department Program Subject Core textbook: Crafting and Executing Strategy, 19th edition, 2013 Arthur Thompson, A. J. Strickland, John Gamble Additional materials (will be presented by the instructor): Some chapters from the additinal textbook: Exploring Corporate Strategy, 10th edition, 2013 G. Johnson, R. Whittington, K. Scholes Case studies: Business Strategy and Project Management Vertical Integration and the scope of the firm Diversification Strategy Panasonic Group – New Midterm Management Plan Organizational Crisis: The logic of failure etc. Course outline Course description: This course is designed to give students a detailed knowledge on business strategy. Students will be provided with a knowledge, which they can use to identify, analyze, and resolve different strategic issues in the modern business world. Course objectives: To develop students’ capacity to form a strategic vision where the company is headed and to set objectives and performance targets that measure the company’s progress Help students to understand the methods for scanning the environment and learning the exploring and exploiting capabilities To enhance students understanding on corporate level and business level decisions To give picture of the strategy evaluation and control and change management Learning outcomes: At the end of this course students will be able to: To understand and diagnose the macro-environment To examine environmental opportunities and constraints based on firm’s strengths and weaknesses Define and classify types of competitive advantage and explain associated best practices for creating and maintaining advantage To measure resources and competences To explain the diversification, vertical and horizontal integration concepts Become familiar with the possibilities to cooperate Have an awareness on Portfolio Matrices Have an information on key foreign market entry modes Teaching methods Evaluation Criteria Case analysis Group discussion Experiential Lecture Others Methods Date/deadlines Percentage (%) 25 15 Midterm Exam 5 Case studies (2 points for each)/Exercises (5 points) Presentation/Group Discussion/Leading class discussion 10 10 Class Participation 2 quizzes (21.10.2015 and 16.12.2015) Project Final Exam Others Total 40 100 Week Tentative Schedule Date/Day (tentative) Topics 1 16.09.2015 Introducing Strategy / Explanation of the syllabus 2 23.09.2015 Evaluating a company’s external environment 3 30.09.2015 4 07.10.2015 Evaluating a company’s resources, capabilities and competitiveness Exploring and Exploiting Capabilities 5 14.10.2015 The five generic competitive strategies: which one to employ? 6 21.10.2015 7 28.10.2015 8 04.11.2015 Choices at Business Level / Differentiation / Game Theory. Quiz 1 Diversification Strategy, Vertical Integration and the Scope of the Firm MIDTERM EXAM 9 11.11.2015 Strategies for competing in international markets 10 18.11.2015 Drivers of Internationalization / Market selection and entry 11 25.11.2015 12 02.12.2015 13 09.12.2015 14 16.12.2015 15 23.12.2015 Will be announced 16 Ethics, corporate social responsibility, environmental sustainability, and strategy Building an organization capable of good strategy execution: people, capabilities, and structure Managing internal operations: actions that promote good strategy execution Corporate culture and leadership: keys to good strategy execution. Quiz 2 Managing Strategic Change Final Exam Textbook/Assignments Chapter 1 Exercise Chapter 3 Case study Chapter 4 Exercise Extra material Chapter 5 Case study Extra material Extra material Chapter 7 Case Study Chapter 8 Case Study Chapter 9 Exercise Chapter 10 Case study Chapter 11 Chapter 12 Exercise Extra material