MKT538 Strategic Marketing COLLEGE OF BUSINESS ADMINISTRATION PRINCE SULTAN UNIVERSITY 1435H / 2014G Second Semester (Term 132) COURSE CODE : MKT538 COURSE : STRATEGIC MARKETING PREREQUISITE : MKT530 Marketing Management INSTRUCTOR : Dr ABDUL RAHIM ABU BAKAR OFFICE HOURS : MON 5:00 – 6:00 and by appointment Room No : 347 EMAIL : aAbubakar@fnm.psu.edu.sa PHONE : Ext 8926 LECTURE DETAILS: Section: Male Tuesday 6:00 – 9:00 (Room SCR -5) Female Monday 6:00 – 9:00 (Room E109) ________________________________________________________________ 1.0 Course Description This course focus on strategic analysis and planning necessary to effectively match marketing strategies in a changing micro, macro and organizational environments. The course is intended to provide an understanding of the conceptual realm of marketing strategy and knowledge of the factors for consideration in making strategic marketing decisions. Students are provided ample opportunity to develop and practice creative problem-solving and decision-making skills to simulate the requirements of today’s complex market environment. 2.0 Course Objective: The course is designed to benefit graduate business students, and presumes an understanding of business operations, analysis and the application of marketing as a result of required prerequisites. The major knowledge objectives of the course are 3.0 To expose the nature of strategic marketing To provide an understanding of the market To acquire the skills in developing strategic marketing To develop the strategic thinking in the application of strategic marketing Student learning Outcome: At the end of this course, it is expected that the students would be able to: 1. Develop strategic thinking in the context of complex problems and challenges faced by the contemporary executives and managers; MKT538 Strategic Marketing 2. Acquire the necessary analytical and conceptual skills for developing successful marketing programs; 3. Develop the ability to integrate the various stakeholder requirements domestically and internationally in the marketing solution; 4. Develop communication and leadership skills in dealing with the uncertainty and changes faced by today’s marketers. 4.0 Main Reference Strategic Marketing; Creating Competitive Advantage (2nd Edition), Douglas west, John Ford and Essam Ibrahim, Oxford Publication. Supplementary: Marketing Strategy and Competitive Positioning (5th Edition). Graham Hooley, Brigitte Nicoulaud, Nigel F. Piercy. FT Prentice Hall 5.0 Course Outline Week Chapter 1 Part I Chapter 1 1 Subject Introduction/ Course overview Overview and Strategy Blueprint 2 Chapter 2 Marketing Strategy: Analysis and Perspective 3 Part II Chapter 3 Where Are We Now? Environmental & Internal Analysis: Market Information & Intelligence Part III Chapter 4 4 5 6 6 7 Chapter 5 Chapter 6 Where Do We Want To Be? Strategic Marketing Decisions, Choices & Mistakes Major 1 3 march 2014 Segmentation, targeting and positioning strategies 1st case Study Branding Strategies 8 Chapter 7 Relational and Sustainable Strategies 9 Part IV Chapter 8 Where Will We Get There? Product Innovation & Development Strategies 9 10 Chapter 9 2nd case Study Service Marketing Strategies 11 Chapter 10 Pricing & Distribution MKT538 Strategic Marketing 12 Chapter 11 13 Chapter 12 & 13 Marketing Communications E-marketing/Social & Ethical Strategies Final project presentation 15 Reading assignments, in-class exercise, mini case studies and short presentation would be scheduled and either announced from time to time or on an impromptu basis. 6.0 7.0 Instructional Methodology Pedagogy is based on various methods which include: 1. Lectures; 2. Case analysis and discussion 3. Discussion of assigned readings 4. In-class exercises, both group and individual; 5. Videos, role play & scenarios. 6. Student written and oral presentations; 7. Classroom participation; and 8. Group (peer) evaluation. Course Assessment The breakdown of overall grade points would be: Industry Analysis 5% Cases (2 cases) 20% Final Strategic Marketing project 20% Written report 10% Presentation 10% Major Exam I 20% Final Exam 30% Business scenario 5% -----------------------------------------------------------------------TOTAL 100% Disclaimer: The instructor reserves the right to change the course assessment, if he deems fit, and in that case the matter would be communicated to the students in the class and through the LMS or homepage Last Updated: 26 Jan 2014