GRA 8246 Strategy Process (2021/2022)
GRA 8246 Strategy Process (2021/2022)
The purpose of this course is to take students through the process of making strategy. The course starts in theories about how to frame the current strategic environment and the current position of the organisation, and ends in frameworks and tools for how to implement strategies. The course aims to develop students’ understanding of how strategies develop in different ways in different organizational contexts, and how they can be implemented successfully. The course should enable students to evaluate and reflect on the strategizing contexts in which they work, and their own role as strategists. We progress through a series of active learning experiences centred upon relevant theories, central ideas and frameworks in strategic cognition, strategy development processes, strategy practices, and strategic implementation. Students will be introduced to key ideas through a mixture of teaching and learning methods, e.g. role play, case studies, simulation, class presentations, etc. The course takes as its starting point that students have successfully completed the Strategy Analysis course within the EMBA.
The student has
- knowledge of strategy process theories and frameworks and how these can be applied to real world problems facing companies
- knowledge of how strategy process theories can inform the formulation, evaluation and implementation of strategic courses of action.
The student can
- analyze strategic problems and opportunities using techniques from the cognitive understanding of strategy
- identify and analyze both the current position of a company and recommend new positioning opportunities
- select and apply appropriate strategy formulation processes for companies
- develop strategy implementation tools for use within various types of organizations
- identify and deal with challenges associated with leading and implementing processes of strategic change.
The student can
- apply knowledge of strategy process theories and frameworks to the analysis of business cases
- apply knowledge of strategy process theories and frameworks to conduct strategy projects
- communicate key strategic challenges, insights, and recommendations in a concise and clear way
- critically reflect on their own strategizing tasks in the workplace
Theme 1: Strategic cognition and framing strategic challenges
- Cognitive maps as framing devices
- Strategy frames, sensemaking and sensegiving
- Strategic decision-making
- The role of scenario planning
Theme 2: Strategy development processes
- Managing using strategic plans
- Managing processes of strategy emergence and evolution
- Using strategy tools and strategy practices
Theme 3. Strategic implementation
- Managing misalignment challenges and implementation barriers
- Strategies for successful execution processes
- Strategy maps and the balanced score card
The course involves 28 hours of teaching, which is typically split over four days. Sessions will be mixed and emphasize diverse learning experiences for variety and engagement. For example, lecturing, class exercises, role plays, presentations, case analyses, class discussions, simulations and guest speakers are possible teaching methods. To obtain maximum learning and reflection benefits, students are expected to be in class for all parts of the course. Full participation is assumed. Students will be assigned articles and case studies before class. Mini-cases and exercises will also be assigned in-class.
All the reading material as well as issues covered during the lectures are examinable.
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.
This is a course with continuous assessment (several exam components) and one final exam code. Each exam component will be graded using points on a scale 0 -100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the course. Students who fail to participate in one/some/all exam components will get a lower grade or may fail the course. Candidates may be called in for an oral hearing as a verification/control of written assignments.
Specific information regarding the points system and the mapping scale beyond the information given in the course description will be provided in class. This information may be relevant for requirements for term papers or other hand-ins, and/or where class participation can be one of several elements of the overall evaluation.
The course is a part of a full Executive MBA programme 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.
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class.
This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 0-100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course starts.
If re-sits should be necessary, all exam components must as a rule be re-taken during the next time the course is scheduled
Granted admission to the EMBA programme. Please consult our student regulations.
Covid-19
Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.
All courses in the EMBA programme assume that students have fulfilled the admission requirements for the programme. In addition, we assume that students have followed normal study progression.
| Assessments |
|---|
Exam category: Activity Form of assessment: Presentation and discussion Weight: 20 Grouping: Group (2 - 6) Duration: 1 Semester(s) Comment: Presentation 1 in class Exam code: GRA 82461 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 and discussion Weight: 20 Grouping: Group (2 - 6) Duration: 1 Semester(s) Comment: Presentation 2 in class Exam code: GRA 82461 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: Submission Form of assessment: Written submission Weight: 10 Grouping: Individual Duration: 1 Semester(s) Comment: Individual reflection note Exam code: GRA 82461 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: Submission Form of assessment: Written submission Weight: 50 Grouping: Individual Duration: 1 Semester(s) Comment: Individual critical review report Exam code: GRA 82461 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 | 32 Hour(s) | |
Prepare for teaching | 28 Hour(s) | |
Student's own work with learning resources | 50 Hour(s) | Self study, feedback activities/counselling and exam |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 4 ECTS credit corresponds to a workload of at least 110 hours.