Strategic Management

Paper Code: 
BCS 212
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire knowledge to comprehend the process of strategy formulation.

9.00
Unit I: 

Introduction to Management:

 

An Overview of functions of management.

 

Introduction to Strategic Management:

 

An  Overview-  Meaning  &  Process;  Strategic  Leadership;  Functions  and

Importance for Professionals like Company Secretaries; Environmental Influences

of Business-Characteristics and Components of Business

Environment, Factors

of  Micro  &  Macro  Environment  of  Business;  Competitive  Environment  and

Porter’s Five Force Model.

 

 

9.00
Unit II: 

Business Policy and Formulation of Functional Strategy:

 

Introduction to Business Policy; Framework of Strategic  Management; Strategic

Decision Model; Vision; Mission; Objectives and Goals; Strategic Levels of the

Organization;  Formulation  of  Functional  Strategy-Formulation  of  Financial;

Marketing; Production; Human Resource and Logistics strategies.

 

9.00
Unit III: 

Strategic Analysis and Planning:

 

Situational  Analysis,  Strategic  Choices-SWOT  and  TOWS  Analysis;  PERT

(Programme   Evaluation   Review   Technique)   and   CPM   (Critical   Path

method);Portfolio analysis-Boston Consulting Group (BCG) growth-share Matrix,

Ansoff’s Product Growth Matrix, ADL Matrix and General Electric (GE) Model;

Strategic Planning; Strategic Alternatives-Glueck and Jauch and Michael Porter’s

Generic Strategies.

 

 

9.00
Unit IV: 

Strategic Implementation and Control:

 

Issues  in  Strategy  Implementation;  Various  Organizational  Structures  and

Strategy Implementation; Leadership and its forms; Strategic Change and Control.

 

9.00
Unit V: 

Analyzing Strategic Edge:

 

Introduction  to  Business  Process  Reengineering;  Concept  of  Benchmarking;

Introduction to Total Quality Management and Six Sigma.

 

References: 

1. Study Material Published by ICSI
2. Scanner: Arun Kumar (ShuchitaPrakashans P Ltd)

Academic Year: