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Course Syllabus

Bachelor 2024/2025

Strategic Management

Type: Compulsory course (International Business)
Delivered by: Department of Strategic and International Management
When: 3 year, 3 module
Open to: students of one campus
Instructors: Dmitrii Knatko
Language: English

Course Syllabus

Full SyllabusAsk Question

Abstract

The Strategic Management course is designed to provide students with the foundational knowledge and practical skills required to analyze and formulate business strategies in a competitive global environment. Drawing on the principles of comprehensive approach to strategy, the course integrates theoretical frameworks with real-world applications, enabling students to address complex challenges in organizational management.
Learning Objectives

Learning Objectives

  • Mastering a comprehensive understanding of the content of strategic management, methods for strategy formulation, the essence of strategies, and their implementation to address organizational challenges. Developing skills in strategic analysis, decision-making, and strategy implementation in the context of a dynamically changing global digital economy, while considering the impact of sustainability issues on business goals and strategies. Building and applying skills for analyzing the external and internal environment of a company and identifying strategic development alternatives.
Expected Learning Outcomes

Expected Learning Outcomes

  • Identify the comprehensive nature of goal setting in business and its connection to stakeholder influence.
  • Apply tools for stakeholder analysis, such as the power-interest grid.
  • Formulate business goals using frameworks like SMART, OKR, and KPI.
  • Evaluate the role of mission, vision, and strategic alignment in business goal setting.
  • Identify the concepts of resources, capabilities, and dynamic capabilities within a firm.
  • Use resource-based and value chain analysis tools to evaluate a firm's internal strengths and weaknesses.
  • Apply SWOT analysis to integrate insights from internal and external analyses.
  • Examine competitive advantages derived from resource allocation and capability development.
  • Explain and compare different competitive strategies, such as Porter’s generic strategies and hybrid strategies.
  • Analyze the impact of business life cycle stages on strategic decisions.
  • Evaluate the role of business models in formulating effective competitive strategies, including digital and platform-based models.
  • Define the characteristics of corporate strategy, including vertical integration, diversification, and portfolio management.
  • Аnalyze corporate-level strategic decisions, such as horizontal integration and geographic expansion.
  • Apply tools for portfolio analysis and assess the coordination of business units.
  • Evaluate strategies for achieving coherence and alignment across the corporation.
  • Identify common challenges and pitfalls in strategy implementation.
  • Develop processes for organizational change and adaptation to support strategic goals.
  • Evaluate the role of leadership and organizational culture in successful strategy implementation.
  • Design strategies for managing resistance to change and fostering alignment.
Course Contents

Course Contents

  • Introduction to Strategic Management
  • Strategic Goal Setting
  • Strategic Analysis: The External Environment of Modern Organizations
  • Strategic Analysis: The Internal Environment of a Firm
  • Business-Level Strategies
  • Corporate-Level Strategies
  • Organizational Transformation for Strategy Implementation
Assessment Elements

Assessment Elements

  • non-blocking Case study
  • blocking Exam
  • non-blocking Group project
  • non-blocking Tests
    Can be organized at any moment of lectures or seminars
Interim Assessment

Interim Assessment

  • 2024/2025 3rd module
    0.15 * Case study + 0.4 * Exam + 0.3 * Group project + 0.15 * Tests
Bibliography

Bibliography

Recommended Core Bibliography

  • Johnson, G., Whittington, R., Scholes, K., Angwin, D., & Regnér, P. (2017). Exploring Strategy (Vol. Eleventh edition). Harlow, England: Pearson Education. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1454974
  • Strategic management : theory & cases : an integrated approach, Hill, C. W. L., 2024
  • Ulrich Pidun. (2019). Corporate Strategy. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.sprbok.978.3.658.25426.1

Recommended Additional Bibliography

  • 9780300252064 - Jeremy Black - Military Strategy : A Global History - 2020 - Yale University Press - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=2365726 - nlebk - 2365726
  • Grant, R. M. (2016). Contemporary Strategy Analysis (Vol. Text, Ninth edition). Chichester: Wiley. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1639480
  • Knight, E., Daymond, J., & Paroutis, S. (2020). Design-Led Strategy: How To Bring Design Thinking Into The Art of Strategic Management. California Management Review, 62(2), 30–52. https://doi.org/10.1177/0008125619897594
  • Mebert, A., & Lowe, S. (2017). Blue Ocean Strategy : How to Create Uncontested Market Space (Vol. First edition). London: Macat Library. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1552203
  • Sun Tzu. (2019). The Art of War: The Strategy of Sun Tzu. [N.p.]: Athenaeum Classics. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2190905

Authors

  • KNATKO Dmitrii Mikhailovich