GRA 8520 Value Creation in the Global Energy Ecosystem (2022/2023)
GRA 8520 Value Creation in the Global Energy Ecosystem (2022/2023)
This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.
The course adds to the energy program’s overall objective by addressing external forces in the green energy transition, as well providing analytical tools to evaluate organizations’ resources, capabilities, and activities. Being able to critically reflect on how organizations strategize in competitive and cooperative dimensions to create value is essential. Managers are increasingly facing triple bottom line demands from many stakeholders in an evolving ecosystem which will shape the future of energy supply and demand. This course will help participants to navigate and create novel paths of value creation, benefitting their own organizations and the society at large.
The students shall be able to analyze and critically reflect upon:
- The strategic fit between a company’s internal resources, capabilities and activities, and its external context
- The functioning of external and internal analytical tools/frameworks
- The links between these tools and their role in the overall strategy process
- The essence of competitive strategy and cooperative strategy
- Perspectives on value creation and the role of business models
The students shall learn to:
- Master the functioning and use of internal and external analytical tools
- Master the combination of these tools into a coherent understanding of value creation and business model design
- Use insights from strategy analysis (e.g. through the SWOT framework) in generating, evaluating, and choosing strategic alternatives
- Promote value co-creation between different types of organizations/actors in the energy ecosystem
- Consider the role and importance of relationships (internal and external) in the value creating process
The students shall develop general competence regarding:
- The systematic, coherent and creative dimensions of strategy analysis
- The interplay between supply and demand in the energy ecosystem
- The role of firms and other stakeholders in creating a sustainable future in terms of energy supply and demand
- Strategy analysis
- Perspectives on value creation
- Strategy in ecosystems
- The links between business models and strategy
1 ECTS credit corresponds to a workload of 26-30 hours.
Sessions include lectures, seminars and group work.
Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials.
Specific information regarding student evaluation beyond the information given in the course description will be provided in class.
The course is a part of a full Executive Master of Management in Energy (EMME) and examination in all courses must be passed in order to obtain a certificate.
In all BI Executive courses and programmes, there is a mutual requirement
for the student and the course responsible regarding the involvement of the student's experience in the planning and implementation of courses, modules and programmes. This means that the student has the right and duty to get involved with their own knowledge and practice relevance, through the active sharing of their relevant experience and knowledge
Granted admission to the Executive Master of Management in Energy programme. Please consult our student regulations.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Weight: 50 Grouping: Individual Duration: 4 Week(s) Comment: Individual case analysis, counts 50% of the final grade. Exam code: GRA 85201 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
Exam category: Activity Form of assessment: Class participation Weight: 20 Grouping: Individual Comment: Individual class contribution, counts 20% of the final grade. Exam code: GRA 85201 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
Exam category: Activity Form of assessment: Presentation Weight: 30 Grouping: Group (2 - 8) Comment: Group presentation - case analysis, counts 30% of the final grade. Exam code: GRA 85201 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 40 Hour(s) | |
Student's own work with learning resources | 95 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 5 ECTS credit corresponds to a workload of at least 135 hours.