Postgraduate Course: Corporate Failure and Turnaround (MBA) (BUST11160)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Credits | 10 |
| Home subject area | Business Studies |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | This elective course creates an awareness of the reasons why organisations experience crises and what might be done to identify problems, to avoid potential failure and to transform the organisation to enable it to succeed in the future. We will review the reasons why organisations have failed or are failing so that we can identify the onset of difficulties as early as possible. Techniques, both quantitative and qualitative, will be reviewed. Successful turnaround strategies will more likely be achieved if problems are recognised early. Various approaches to transformation will be examined with cases and examples.
The main objective is to learn from the experience of others, particularly from past failures and successful turnaround examples. The business environment becomes more and more turbulent and uncertain. Product life cycles are shorter and businesses have to re-invent themselves. |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | Accepted as visiting MBA student |
| Displayed in Visiting Students Prospectus? | No |
Course Delivery Information
| Not being delivered |
Summary of Intended Learning Outcomes
This course seeks to develop graduates of international distinction by supporting high quality education. In accordance with this objective this course will aim to provide an environment where students are encouraged to take responsibility for developing the following attributes as they progress.
Knowledge:
- An understanding of trends in the political, economic, technological, social and cultural environments within which businesses operate.
- An understanding of the forces leading towards international convergence in managerial practices, and those leading to divergence.
- An understanding of the role of business in value creation through the integrated management of business processes.
- An understanding of the theories and tools that support managerial decision making processes in organisations.
- An appreciation of the constraints facing organisations as they balance the application of business and management theories to practical situations.
- Ability to appreciate the changing knowledge base of management and the business environment and to respond to the demands for change
- Capacity to engage with current issues of significance in business and management.
Skills:
- Ability to manage complex business situations that require understanding of a wide range of functional issues
- Ability to evaluate and synthesise information and existing knowledge from numerous sources and experiences
- Ability to integrate functional business skills and personal business experience to find progressive solutions for the challenges of today's businesses and organisations
- Capacity to apply relevant theories to the demands of business and management practice
- Ability to identify complex business issues, ascertain their causes and effects through application of appropriate analytical tools, develop feasible and constructive solutions and provide advice to relevant business managers for successful implementation |
Assessment Information
Individual Class Participation: 15%
Group Project: 45%
Individual Management Report: 40%
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Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Inger Seiferheld
Tel: (0131 6)50 3801
Email: |
Course secretary | Mrs Freda Paterson
Tel: (0131 6)50 8065
Email: |
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