Course Objectives:
This course will enable the students to understand strategy concepts and analysis using different models, evaluating performance and strategic choices, managing strategic change, understanding organizational structure, making financial decisions, and utilizing IT for e-business, e-marketing, and project management.
Course Outcomes (COs):
Concepts of strategy : Strategic decisions, Johnson, Scholes and Whittington model; Assumptions of future environment; Strategic drift; The internal resources
Strategic Analysis: Environmental issues-PESTEL, Porter’s Diamond, external key drivers of change, Competitive forces-Porter’s five forces, Porter’s value chain, opportunities and Threats, value networks, Porters Diamond; capabilities and competences of an organization- strategic capability, unique resources and core competences, threshold resources, SWOT, competitive advantage
Performance Analysis: Quantitative Analysis; Financial Analysis, Benchmarking, Baldrige Model
Strategic Choice: Competitive strategies- Cost leadership, Differentiation, focus; growth strategies- Ansoff matrix, methods of pursuing a chosen strategic direction strategy evaluation-Suitability ,acceptability and feasibility; sustaining competitive advantage
Methods of Strategic Development: Development methods; Potfolio analysis-BCG matrix, other metrices , Ashbridge portfolio display
Managing Strategic Change: different types of strategic change, Resistance to change; Lewin’s three stage model, Balogun and Hope Hailey’s contextual features; POPIT
Organizing for success: Structure and processes: Structures, Boundary less-hollow, modular, virtual; Harmon’s process strategy Matrix, feasibility of possible redesign options, process redesign methodology
Financial Decision making: Funding strategies, Cost Accounting, Decision making, Budgeting Risk, Investment Appraisal –Variance analysis
E-Business: Strategic context; Benefits and barriers; Risk and controls-General, Application, software ,Network controls
Using IT Successfully: Supply chain management ,Disruptive technology, Software solutions ,Cloud and mobile technology- key benefits and risks, cloud as an alternative to owned hardware and software technology; Big data and data analytics- opportunities and threats, analyze relevant data for decisions about new product
E-Marketing- Marketing mix strategies,6Is, Ebranding,7Ps Customer relationship management
Project Management: Leading and managing projects- triple constraint of scope, time and cost, costs and benefits of a project investment, role and responsibilities of the project manager and the project sponsor, formulate responses for dealing with project risks; Business case, plan, Execution ,control and completion; post project review Post Implementation Review
KAPLAN SBL ACCA Module
KAPLAN SBL Exam Kit
ACCA SBL study text/ Workbook -BPP
E- Contents:
https://www.accaglobal.com/my/en/student/exam-support-resources/professi...
Reference Journals:
The Journal of Finance
The Review of financial studies