Strategic Management 1155-12-M21-0-StrMa

Classes requiring direct participation of the teacher – lecture, practical classes: 45 hrs. Consultations with the teacher: 30 hrs. Self-study: Preparation for the classes (reading case studies, assigned articled, watching video materials): 10 hrs Self-study: Training and mastering the application of strategic analysis methods and techniques - learning for the practical test: 20 hrs. Self-study: Learning for the final theoretical examination: 25 hrs. Self-study: Extensive reading assignments (producing a presentation and a summary): 10 hrs. Self-study: Collecting data, analyzing a case study, producing a report and a presentation: 10 hrs. TOTAL: 150 hrs. (6 ECTS)

Knowledge related objectives: W1. A student knows, understands and considers – from the perspective of management theory – economic and social processes in organisations and their environment (including global environment), their sources, relations between them and long-term consequences (outcomes) (K_W02) W2. A student knows, understands and considers – from the perspective of management theory – the relations between organisations and their stakeholders, the rules of developing these relations in accordance with ethical standards, CSR and development-oriented goals of an organisation (K_W03) W3. A student knows, understands and considers thoroughly methods and tools of collecting data and conducting strategic analysis (K_W04) W4. A student knows, understands and considers – from the perspective of management theory – the principles and methods of rationalising decision making, regarding strategic decisions in particular (K_W07) W5. A student knows, understands and considers – from the perspective of management theory – the process of strategy implementation (K_W08)

Skills related objectives: U1. A student can forecast the changes in the organisation environment, identify and analyse the issues concerning the strategy and development of an organisation (K_U01) U2. A student can apply up-to-date strategic analysis methods and techniques in an efficient way (K_U04) U3. A student can make use of acquired knowledge concerning strategic analysis methods and critically analyse the effectiveness and applicability of this knowledge (K_U05) U4. A student can develop the solutions to particular problems and implement remedial actions (K_U06) U5. A student can design and craft organisation strategies (K_U08) U6. A student can understand and analyse economic phenomena using research methods (K_U09)

Competences related objectives: K1. A student participates in international projects and performs the role of their leader (K_K02) K2. A student develops and applies information collection tools indispensable for an organisation to operate in a global environment (K_K04)

Teaching methods, techniques and tools: 1. Lecture including: PPT presentations video and audio teaching materials conversations and discussions 2. Practical classes including: case studies students’ projects and PPT presentations reading activities (authentic and adapted business and scientific texts, both extensive and intensive reading); conversations and discussions

1. Completed courses in Management and Contemporary Management Concepts 2. Good command of English (incl. both Basic Interpersonal Communicative Skills and Cognitive Academic Language Proficiency)

The assessment of achieving learning outcomes related to knowledge is based on a written examination. The scope of the examination includes the issues covered during the lectures and knowledge from reading assignments. The following assessment scale is applied:
 very good (5.0) – from 92% to 100%;
 good plus (4.5) – from 84% to 91%;
 good (4.0) – from 76% to 83%;
 satisfactory plus (3.5) – from 68% to 75%;
 satisfactory (3.0) – from 60% to 67%;
 fail – from 0% to 59%.

A written examination validates the achievement of learning outcomes to the following degree:
K_W02 ++
K_W03 +++
K_W04 +++
K_W07 +++
K_W08 +++

Practical classes:
The assessment of achieving learning outcomes related to skills and competences is based on a the combination of an open-book written practical examination (50% of the final grade), writing summaries and delivering presentations based on extensive reading assignments (25%) as well as conducting case study analysis and presenting its findings (25%). The aforementioned assessment techniques validate the following learning outcomes:
 open-book written practical examination:
K_U04 +++
K_U06 +
K_U09 +++

 extensive reading assignments:
K_U05 ++
K_K02 +++

 case study analysis:
 K_U01 +++
 K_U04 +++
 K_U05 ++
 K_U06 ++
 K_U08 +++
 K_U09 +++
 K_K02 +++
 K_K04 +++

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

• Description of 1155-12-M21-0-StrMa in USOSweb