Course detail
Strategic Management
FP-EsmtPAcad. year: 2014/2015
a) To introduce to many generally used concepts and ideas of strategic management process and principals of strategic thinking
b) To train the students’ ability to use analytical tools for strategic analysis of external and internal factors.
c) To equip the student with a detailed knowledge of method of formulation of strategy based on hierarchical strategy structure - corporate, business, functional and horizontal strategy.
d) To develop management skills methods of selection, realization and evaluation of strategy.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
b) Understanding of a complex of managerial tools, models and techniques to specific needs of strategic management
c) Encourage managerial skills in order to formulate strategy on the base of complex analysis and to set and manage conditions for its implementation
d) Demonstrates expertise in highly specialised conditions, efficiency of realization of implementation of strategy from the view of key stakeholders
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
1) The case study is evaluated with maximum of 40 points (according to the level of work out). When working out the study, students solve selected topic. Case is linked woth case from International Marketing. The study solves strategic aspects in behavior of selecetd companies in their business areas, or focuses on working out the strategic analysis of the company and the proposal of the strategy and its realization by the company. The study is in form of question which students have to answer. The work is submitted in form of x.doc, x.ppt, x.pdf.
2) The final test will consist of 10 questions with optional answers a) to e) and four open questions. For questions with optional answers will be only one correct answer. The correct answer is evaluated with 2 points; wrong answer -1 point and no answer 0 points. Open questions are evaluated each at 10 points. Maximum points from the test are 60. The exam is in form of "open book".
Total amount of points, if students fulfill both tasks in 100 %, is 100. The final classification is based on the number of points.
Course curriculum
2. Definition of business objectives, three levels of strategy, strategic business units
3. Structure of business environment, analysis of general and industrial environment
4. Competitiveness and competitive environment, competitive space
5. Analysis of internal factors - functional approach
6. Resource based analysis, competitive advantage, fundamental competence
7. Strategy formulation, generic strategies, value chain
8. Diversification, restructuring
9. Megers, acquisition, join-venture and the cooperation of companies, strategy of internationalization
10. Factors which influence the choice of strategy, methods of selection
11. Implementation and evaluation of the strategy
12. Strategic leadership, organizational apsects, realization of the strategy
13. Alternative approaches to formulating the strategy, specifics of the strategic management of a various types of organizations
Work placements
Aims
b) To train the students’ ability to use analytical tools for strategic analysis of external and internal factors.
c) To equip the student with a detailed knowledge of method of formulation of strategy based on hierarchical strategy structure - corporate, business, functional and horizontal strategy.
d) To develop management skills methods of selection, realization and evaluation of strategy.
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
HITT, M.A. - IRELAND, R.D. - HOSKISSON, R.E. Strategic Management - Competitiveness and Globalization: Concepts. 6th ed. South-Western College Pub, 2004. 544 p. ISBN 0324275307 (EN)
KEŘKOVSKÝ, M. - VYKYPĚL, O. Strategické řízení - teorie pro praxi. 1. vyd, Praha: C.H.Beck, 2002. 172 s. ISBN 80-7179-578-X. (CS)
PORTER, MICHAEL E. Competitive Strategy. First Free Press Export Edition: Free Press 2004. 396p. ISBN: 0-7432-6088-0. (EN)
ZICH, R. Koncepce úspěchuschopnosti Konkurenceschopnost - vítězství, nebo účast v soutěži?. Brno: Akademické nakladatelství CERM, 2012. 125 s. ISBN: 978-80-7204-818- 2. (CS)
Recommended reading
KOTLER, P. Matrketing Management. 10. vyd. Praha: Grada Publishing, 2001. 720 s. ISBN 80-247-0016-6. (CS)
MALLYA, T. Základy strategického řízení a rozhodování. 1.vyd., Praha: Grada Publishing, a.s.,2007. 246 s. ISBN 978-80-247-1911-5. (CS)
MINTZBERG - QUINN - GHOSHAL The Strategic Management Process. Revised European Edition. Prentice Hall Europe 1998, 1036 p. ISBN 0-13-675984-X. (EN)
PORTER, MICHAEL E. Competitive Advantage. First Free Press Export Edition: Free Press 2004.557 s. ISBN: 0-7432-6087-2. (EN)
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Možné způsoby tvorby cílů ve firmě, hierarchie strategie,SBU
3. Struktura analytických postupů. Obecné a oborové okolí firmy
4. Konkurence a konkurenční prostředí, konkurenční prostor
5. Interní faktory – funkční přístup
6. Analýzy zdrojů, konkurenční výhoda, základní kompetence
7. Formulace strategie, Porterovy generické strategie, hodnotový řetězec
8. Diverzifikace, restrukturalizace
9. Podstata akvizice, fúze, joint-venture a spolupráce firem, strategie internacionalizace
10. Faktory ovlivňující výběr strategie, metody výběru
11. Implementace a hodnocení strategie
12. Strategické vůdcovství, organizační aspekty realizace strategie
13. Alternativní přístupy k formulaci strategie, Specifika strategického řízení různých typů organizací