MBR516 - Strategic Management Issues for Research

Credit Points: 20

Workload: 60 contact hours

Prerequisite: None

Co-requisite: N/A

Aims & Objectives

This unit discusses recent and evolving theories of strategic management, commencing with Christensen’s disruptive innovation, considering business ecosystems and international strategy then considering network and business strategy. The unit will help students to understand the purpose and nature of strategic thinking and decision making in today's context and the areas of challenge facing boards and strategic decision makers in both large and small organisations.

Learning Outcomes

At the completion of this unit students should be able to:

  1. Understand the interplay between external factors and internal resources in strategic decision making.
  2. Evaluate the relevance and critique of the different contemporary approaches to strategic thinking and management.
  3. Identify the most appropriate strategic thinking and decision-making process for organisation and its conditions.
  4. Argue and present the most suitable strategic decision-making approach as well as its barriers and the opportunities it represents.

Assessment

Textbook and Reference Materials

Hill, Charles W. L., Schilling, M.A., Jones, G.R. (2020). Strategic management: An integrative approach, theory and cases, 13th ed., Boston: USA, Cengage Learning.

Graduate Attributes

MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:

Ability to communicate Independent and Lifelong Learning Ethics Analytical and Problem Solving Cultural and Global Awareness Team work Specialist knowledge of a field of study

Legend

Levels of attainment Extent covered
The attribute is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations.
The attribute is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations.
The attribute is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations.
The attribute is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials.
The attribute is not considered, there is no theory or practice or activities associated with this attribute.