Subject

Strategic Management

  • code 10297
  • course 4
  • term Semester 1 Semester 2
  • type OB
  • credits 6

Main language of instruction: Catalan

Other languages of instruction: English, Spanish

If the student is enrolled for the English track then classes for that subject will be taught in the same language and also in Spanish.

Teaching staff

Head instructor

Dr. Carlos REY - carlosrey@uic.es
Dra. Marta MAS - mmas@uic.es

Office hours

Monday & Friday After class and by appointment sending an e.mail to carlosrey@uic.es / nvila@uic.es

Introduction

 

In this module we present the main paradigms of strategic management and give students the theoretical and practical knowledge to use different tools for strategic analysis and implementation.


Pre-course requirements

Knowledge of basic strategic management concepts: competitive advantage and market forces

Objectives

      • Acquire a general understanding of the concept of strategy, its main theories and trends.
      • Be able to use the main techniques in the discipline of strategic management.
      • Be able to discuss strategic matters with robustness and convincing arguments.

Competences / Learning outcomes of the degree programme

  • 13 - To be familiar with and understand the terms and processes of company management.
  • 36 - To interpret quantitative and qualitative data and apply mathematical and statistical tools to business processes.
  • 37 - To be able to apply managerial methods, tools and techniques.
  • 38 - To be able to connect the main variables (both formal and informal) which influence human behaviour in an organisation.
  • 39 - To acquire the ability to solve problems and make decisions based on relevant information, applying the appropriate methods and situating the problem within the organisation as a whole.
  • 50 - To acquire the ability to relate concepts, analyse and synthesise.
  • 54 - To be able to express one’s ideas and formulate arguments in a logical and coherent way, both verbally and in writing.
  • 59 - To skilfully use software and ICTs.
  • 63 - To be able to analyse business related behaviour and decisions and evaluate them from an economic, social and ethical point of view.
  • 67 - To be able to express oneself in other languages.
  • 56 - To be able to create arguments which are conducive to critical and self-critical thinking.

Learning outcomes of the subject

  • What strategy is
  • Types of strategy: design, cognitive and institutional
  • Main tools for strategic analysis
  • Competitive advantage
  • Strategy execution

Syllabus

    1. What is strategy?
      1. Towards a definition of strategy
      2. Competitive advantage: cost and differentiation
      3. Deliberate and emergent strategies
      4. Business perspectives: mechanical, organic and anthropological
      5. Strategic logics: analytical, institutional and systemic.
    1. Analytical strategy
      1. Characteristics of analytical strategy
      2. Contextual analysis: PEST
      3. Porter’s five forces analysis
      4. Resources, capabilities and value chain
    1. Institutional strategy
      1. Characteristics of institutional strategy
      2. Business principles of high performing companies
      3. Corporate culture: concepts and theories
      4. Analysis of corporate culture: artefacts, values and beliefs
      5. Change management
    1. Systemic strategy
      1. Organisational learning
      2. Leadership
      3. Characteristics of systemic strategy
      4. System thinking, systems dynamics
      5. Knowing your business, your competition and environment (dynamic competitiveness)
    1. Getting things done
      1. Decision Making: blinders, red flags and decision traps
      2. Business models: creation, mapping, and innovation (blue ocean strategy)
      3. Management by missions

     

Teaching and learning activities

In person

  • Lectures
  • Exercises
  • Case studies
  • Presentations by ‘practitioners’ (CEOs / entrepreneurs)
  • Articles and their discussion
  • Business challenges, presentation and discussion

Evaluation systems and criteria

In person

Evaluation system

  • 50% Exams
    • mid-term 25% of final grade; Most likely on Monday October 21st
    • final 25% of final grade; between December 12th and the 20th
  • 25% Five Case studies (2 with Dra. Vila, 3 with Dr. Rey); 5% each case study
  • 5% Short Article Presentation  
  • 20% Business Challenge in group
    • Friday September 27th, noon to 14h: Business Challenges Presentation by Businesses representatives
    • Friday October 18th, noon to 14h: Work on the Business Challenge in class with Business Representatives
    • Friday November 29th, Business Challenge Presentations to the Business Representatives. Submission of the final report.

 

IMPORTANT NOTE: NO LATE SUBMISSIONS ACCEPTED, be Responsible and organize your work so that all submissions are made on time.


Electronic Etiquette

  • No cellphones on the table
  • No laptops in class

See articles explaining the reasoning for this classroom electronic etiquette

Dynarski, S. (2017). Laptops are great. But not during a Lecture or a Meeting, The New York Times, November 22. Retrieved from https://www.nytimes.com/2017/11/22/business/laptops-not-during-lecture-or-meeting.html?module=inline

Rockmore, D. (2014). The case for banning laptops in the classroom, The New Yorker, June, 6. Retrieved from https://www.newyorker.com/tech/annals-of-technology/the-case-for-banning-laptops-in-the-classroom

Yamamoto, K. (2008). Banning laptops in the classroom: is it worth the hassles? Journal of Legal Education, Vol. 57 (4), pp. 1-46.

 

Classroom Respect

No entering the classroom after 10 minutes of its starting time.

No exiting the classroom once the session is ongoing.

Do not talk with your peers when someone else is making a contribution to the whole class. 

Bibliography and resources

-          Grant, R. (2013). Contemporary strategy analysis: Concepts, techniques, applications. 8th ed. Wiley. (Text only)

-          Rey, C. Ricart, J.E., (2015). The practice of strategy. The European business review. July.

 

Additional readings

-          Reeves, M, Haanaes, K, Sinha J., (2015) Your strategy needs a strategy. HBR Press.

-          Lafley, Martin (2013) Playing to Win: How Strategy Really Works. Harvard Business review press.

-          Gunther McGrath, R. (2013) The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business Harvard Business review press.

-          Ricart, J.E., Llopis, J. y Pastoriza, E. (2012) Qué hacen los buenos directivos. Deusto, Barcelona.

-          Rumelt, R. (2011) Good Strategy Bad Strategy: The Difference and Why It Matters. Crown Business.

-          Hitt, M.A., Ireland, R.D., Hoskisson, R.E. (2010). Strategic Management: Concepts: Competitiveness and Globalization. South-Western College Pub, 9th ed.

-          Osterwalder, A. (2010) Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. Wiley.

-          Moss Kanter, R. (2009). SuperCorp: How Vanguard Companies Create Innovation, Profits, Growth, and Social Good. Crown Business.

-          Teece, D. J. (2009) Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth. Oxford University Press, USA.

-          Johnson, G., Langley, A., Melin, L., Whittington R. (2007). Strategy as Practice: Research Directions and Resources. Cambridge University Press.

-          Bruch, H., Ghoshal. S.(2004) A bias for action. Harvard Business School Press.

 

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