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STRATEGIC MANAGEMENT

Post Graduate Programme: 2 nd Year Instructors: Dr Anadi Pande/Prof Nripendra Singh

Introduction:

Term: IV Credit: 3.0 (30 Hours)

A Strategic Management (SM) course is a capstone course in management studies. SM borrows extensively from other disciplines of management such as Organization Behaviour, Industrial Organizations, Finance, Marketing, Accounting etc., yet it has its own theoretically rigorous underpinnings. It is one of the youngest siblings of myriad management disciplines. In theory building, research in SM is inherently multi-disciplinary; similarly in practice in a firm, it is inherently an integrative cross-disciplinary activity. This course is designed to give insight which is integrative and teaches students on how organizational strategies are formulated and implemented. It is designed to enable students to identify and understand the principles on why the firms behave the way they do rather than list the characteristics that lead to automatic success. Students need to be equipped to understand why firms succeed or fail by analyzing decisions in terms of principles of strategic action. Such understanding would empower them to have superior probability of success when as executives they apply these in the context of perpetually changing environments which throw new challenges and opportunities.

The course will deal with both the Content and Process of Strategic Management. It will deal with integration of Strategic Intent and Strategic Programming while helping appreciate Organization Learning perspectives. It will deal with Environmental and Resource Based View and finally with perpetually perplexing and complex issues of Strategy Implementation through Structure and Systems.

Course Objectives:

1. Understand perspectives on Strategic Management

2. Content and Process of Strategic Management

3. Understand Principles and techniques for Strategic Analysis

4. Strategy Formulation and Implementation

5. Appreciate new themes in Strategic Management

Evaluation:

Quiz:

10%

Project:

20%

Mid Term Exam:

30%

End Term Exam:

40%

Books:

Text Book

1. Miller, Alex, Strategic Management, Pub: Irwin McGraw Hill

Reference Book

1

2.

Besanko,D., Dranove,D., Shanley,M., Schaefer,S., Economics of Strategy, Pub: John Wiley & Sons, Inc.

3. Barney Jay B., Gaining and Sustaining Competitive Advantage, Pub: Prentice Hall of India Private Limited, New Delhi

4. Hill, Charles W.L., Jones Gareth R., Strategic Management Theory, An Integrated Approach, Pub: Houghton Mifflin

5. Porter, M.E., Competitive Advantage Creating and Sustaining Superior Performance, Pub: The Free Press

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STRATEGIC MANAGEMENT COURSE OUTLINE POST GRADUATE PROGRAMME II, TERM IV, ACADEMIC YEAR-2011-12 INSTRUCTORS: Dr Anadi Pande, Prof Nripendra Singh (Session Duration: 90 Minutes)

Session

 

Session Description

Mode

Reference

Case

Number

 

1

Introduction to Strategic

Lecture -

Alex Miller, Chapter 1, 2

NA

2

Management

Presentation

3

Microeconomics for Strategists

Lecture

Alex Miller, Chapter 1, 2

NA

4

Defining Markets, Market Structures, Understanding Implications of Cournot, Bertrand in Real Markets

Lecture

Alex Miller, Chapter 1, 2

To be decided in the class

5

Five Forces Analysis

Lecture

Alex Miller

To be decided in the class

6

Chapter 3

7

Resource Based View of

Lecture

J B Barney Chapter 5

To be decided in the class

8

Firms & Competencies

9

Quiz I, Discussion, Recap

     

10

Quiz II, Discussion, Recap

     
   

MID TERM EXAM

 

11

Business Strategy

Lecture &

Alex Miller

To be decided in the class

12

Case

Chapter 6

Discussion

 

13

Corporate Strategy, Means

Lecture

Alex Miller

To be decided in the class

14

and Modes of Diversification

Chapter 7

15

Management of Change

Lecture

Alex Miller

To be decided in the class

16

Chapter 9

15

Strategy Implementation

Lecture

Alex Miller

To be decided in the class

16

Understanding Structures

Chapter 10-11

&

Systems

 

17

Strategy Implementation

Lecture

Alex Miller

To be decided in the class

18

Understanding Structures

Chapter 10-11

&

Systems

 

19

Quiz & Recap

     

20

   

END TERM

 

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