MGNT 685: Strategic Management
Prerequisites: MBA status or permission of the instructor, ACTG 611, FINC 631, MGNT
624, MKTG 641
Credit Hours: (3)
Strategic management focuses on how organizations achieve sustained success in a competitive
global environment. Integrates the knowledge gained in functional courses in order
to make strategic decisions which enhance competitive advantages. Emphasizes the
use of strategic analysis tools to identify problems/issues/opportunities, evaluate
the advantages and disadvantages of strategic alternatives, and make decision/recommendations.
Utilizes ethical frameworks to evaluate tradeoffs among stakeholders and resolve conflicting
interest.
Detailed Description of Course
Outline of Major Topics:
Environmental Analytics
Internal Analytics
Developing and Evaluating Strategic Options Strategic Decisions and Recommendations
Business Ethics and Social Responsibility
Global Strategic Management
Business Model Development
Detailed Description of Conduct of Course
The course will utilize a number of different pedagogies to accomplish the learning
goals. These may include simulation software, case studies, smart learning systems,
research projects, discussion of outside readings and current topics, and consulting
projects.
Goals and Objectives of Course
鈥� Functional Knowledge Integration: Students will be able to integrate the knowledge
gained in prior functional courses to generate decisions which create synergy and
enhance organization鈥檚 competitive advantage.
鈥� Analytical Thinking and Logical Decision Making: Students will learn to use strategic
analysis tools to identify problems/issues/opportunities, evaluate the advantages
and disadvantages of strategic alternatives, formulate competitive strategies, and
present a comprehensive recommendation.
鈥� Global: Enhance students鈥� awareness of global issues and provide them with opportunities
to incorporate a global perspective in strategic decisions.
鈥� Corporate Social Responsibility: Students will learn to view corporate decisions
from the perspective of different stakeholders, manage corporate relations with stakeholder
groups, and provide a basis for resolving stakeholder issues.
鈥� Innovation: Students will be able to evaluate different types of innovation and
derive their strategic implications.
Assessment Measures
Assessments will be based on student鈥檚 demonstrated ability to accomplish the learning
outcomes. Assessment measures may include computer-based simulation outcomes, results
of case analysis, evaluation of research or consulting projects, exams, and discussions.
Review and Approval
DATE ACTION APPROVED BY
March 1999 Revised
May 2019 Revised