Strategic Management for Business Control

Introduction

The course aims to develop the students’ managerial skills and abilities, enabling them to formulate, evaluate and understand different strategies for companies in pursuit of sustainable success in contexts characterized by increasing change and digitalization. The course emphasizes the application of strategic management theory in strategy analysis, formulation and implementation. The course will do so with a focus on different business models and contexts. The course presumes that the students have taken an introductory course in strategic management, and that the students are familiar with fundamental strategic management theories and analytical frameworks.

Course content

The course is a mixture of strategy analysis and strategy process.  Course topics will typically include, but are not limited to, the following themes:

• Assessing the influence of external environments
• Assessing the firm's resource and activity configuration
• Stakeholder management and co-operative strategy
• Strategic cognition and sensemaking
• Scenario planning
• Strategy development processes
• Strategy as practice
• Strategy implementation
• Strategy execution using management control systems