Undergraduate Course: International Strategic Management in Practice (BUST10104)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | Strategy is central to contemporary organizations. This course seeks to outline the analytical contours of modern strategy in the broader context of globalization. |
| Course description |
Conceptually, the course will examine debates on decision-making, elites, financialization, globalization, power and politics, and performativity/reactivity. The course will illustrate these concepts through real life examples, including an exploration of the global financial crisis, a study of changes in the BBC, and an evaluation of the implications of the social media for strategy. The course will blend theory with practice, encouraging participants to reflect on how they would deal with complex strategic problems. The course will comprise of lectures, class presentations and visits by some guest speakers.
Syllabus
The Contours of Strategy
Globalization
Financialization and the Global Financial Crisis
Strategic Decision Making
Power & Politics
League Tables, Rankings and Performance Measures
Business Elites
Strategy & Social Media
Student Learning Experience
The sessions comprise of lectures, discussions and presentations and case studies and students will gain from the experience of:
Engaging with cutting edge debates
Researching and preparing a case study.
Presenting their findings in a confident and compelling manner.
Preparing a 'professional standard' consultancy report.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
It is RECOMMENDED that students have passed
Strategic Management (CMSE10002)
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | Business Studies Honours entry. |
Information for Visiting Students
| Pre-requisites | Visiting students should have at least 3 Business Studies courses at grade B or above (or be predicted to obtain this). We will only consider University/College level courses. |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2015/16, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
174 )
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| Assessment (Further Info) |
Written Exam
60 %,
Coursework
40 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
This course is assessed through (1) a group presentation (10%), (2) a group report (30%), and (3) a final examination (60%).
The scheduling of the assessment is organised as follows:
1. Each group will be given a case study to prepare and analyse. Groups will present in weeks 8 and 9. At this point, the lecturer will provide each group with formative and summative feedback, to help develop and improve their work for the group report.
2. Each group will prepare a 3,500 word strategy report, providing a strategic analysis and set of recommendations. This will be submitted in week 11 (precise hand-in to be confirmed). Feedback will be provided in week 12.
3. A two-hour examination (60% of the grade) in the summer examination diet, in which students will be expected to attempt two out of five questions. |
| Feedback |
Generic feedback on your coursework, together with individual marks, will be available on Learn. You can also look at your individual feedback in the UG Office (Room 1.11, Business School, 29 Buccleuch Place) and take away a copy of the feedback form, but you will not be able to take away the original piece of coursework, as it may be required by the Board of Examiners.
Your examination marks will be posted on Learn (together with generic feedback and examination statistics) as soon as possible after the Boards of Examiners meeting (normally early-mid June). During the summer months (i.e. mid/end June/ end August), you may come into the UG Office (Room 1.11, Business School, 29 Buccleuch Place) to look at your examination scripts. Note that you will not be able to remove any examination scripts from the UG Office as they may be required by the Board of Examiners.
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| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
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| Main Exam Diet S2 (April/May) | | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and discuss critically of the interconnections between strategy, organizations and broader societal issues.
- Understand and discuss critically the implications of globalization for strategy, the rise of financialization and its implications for strategists, and the processes of strategic decision-making.
- Understand and discuss critically the role of power and politics in organizational life.
- Understand and discuss critically the potential impact of rankings and league tables on strategy making, and the challenges social media pose for strategy.
- Understand and discuss critically the formation of corporation elites.
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Reading List
The set course textbook is:
Clegg, S, Carter, C, Kornberger, M. and Schweitzer, J (2011), Strategy: Theory and Practice. London: Sage.
In addition to this it is recommended you read certain academic articles that will be specified.
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Additional Information
| Graduate Attributes and Skills |
The course will allow participants to develop their practical strategic skills further. More specifically, course members should be able to:
* Analyse a strategic situation coherently and credibly.
* Develop research skills.
* Work as part of a group to produce a high quality report, where you prepare an impressive written analysis and a creative range of recommendations.
* Present persuasively your report findings and recommendations to the class, acting as an effective advocate for your findings.
* Demonstrate a sophisticated grasp of current issues in strategy.
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| Additional Class Delivery Information |
2 hour lecture Mondays 1100 - 1300 |
| Keywords | ISMP |
Contacts
| Course organiser | Prof Chris Carter
Tel: (0131 6)51 5540
Email: |
Course secretary | Miss Sara Dennison
Tel: (0131 6)50 3825
Email: |
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