STR 3600 Strategy
APPLIES TO ACADEMIC YEAR 2013/2014
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STR 3600 Strategy
Responsible for the course
Erik Wilberg
Department
Department of Strategy and Logistics
Term
According to study plan
ECTS Credits
7,5
Language of instruction
Norwegian
Introduction
The course focuses on strategic choice on the top level of the organization, where the students are supposed to formulate a decision problem and carry out a strategic analysis. The work requires a broad understanding of management and economics and will contribute to a natural finishing element of a bachelor program.
Learning outcome
Acquired knowledge
The course will provide the students with a good understanding of strategic leadership, including management and development of the resources of the organization. They will learn about problems and methods connected with development in different kinds of organizations, small as well as large ones, and in different industries. They will get an understanding of how strategy integrates different knowledge areas, such as business economics, logistics, organization theory and marketing. The course focus on decision making and the use of practical tools in situations with conflicting objectives.
Acquired skills
The students will be able to structure the values of an organization, and develop vision and mission statements. They can structure a strategic decison problem by formulating objectives and decision alternatives, and perform a strategic analysis to provide a basis for choice.Tthey should also be able to identify and discuss implementation issues.
Holdningsmål
The students will develop an awareness of the importance of corporate responsibility and how ethics, stakeholder values and value creation connect.
Prerequisites
Completion of the first two years of the bachelor program.
Compulsory reading
Books:
Johnson, Gerry, Kevan Scholes, Richard Whittington. 2012. Fundamentals of strategy. 2nd ed. Pearson
Collection of articles:
Erik Wilberg. Utvalgte artikler til STR 3600 Strategi. Publiseres på ItsLearning
Recommended reading
Books:
Hammond, John S., Ralph L. Keeney, Howard Raiffa. 1999. Smart choices : a practical guide to making better decisions. Harvard Business School Press
Løwendahl, Bente R. og Fred Wenstøp. 2013. Skriv gode oppgaver! : praktisk innføring i bruk av informasjon, effektiv skriving og samarbeid med bedrifter og andre organisasjoner. 2. utg. Cappelen akademisk forlag
Wenstøp, Fred og Knut Lehre Seip. 2009. Verdier og valg : verdibasert beslutningsanalyse i praksis. Universitetsforlaget
Course outline
- Introducing strategy
- Introductory case
- Basic value creation
- Resources
- Activities
- Relations
- Vision and business idea - future possibilities
- Strategic direction
- Strategic choices
- Strategic organisation
- Corporate strategy, alliances, mergers and acquisitions
- International environment
- International strategy
- Organisation- motivation of people
- Strategic action plans
- Summing up and conclusionsl
Computer-based tools
Learning process and workload
The lectures take place in plenary and consists of lectures, discussions, project work, student presentations and guidance in connection with the project. Students will work on the project individually or in groups of up to three. Students will be guided in part through feedback on the proposed project to be submitted on Its learning.
Coursework requirements
There is one assignment in this course, that must be approved before being allowed to take exams (deliver the project).
Submission of proposed project on Its learning in groups of maximum 3 students.
Recommended use of hours:
Activity | Hours |
Attending lectures | 33 |
Project proposal | 6 |
Information retrieval | 30 |
Reading litterature | 27 |
Group work | 40 |
Analysis of decision problem | 4 |
Writing the term paper | 60 |
Total recommended use of time | 200 |
BI Distant Learning
Your teacher will use It's learning to publish academic material, assignments and digital learning resources, and students are given the opportunity to communicate with the teacher and fellow students. Before semesterstart anf before exams intensive teaching sessions are offered. Distant learning students are also provided a study guide. The study guide is a supplement to the syllabus by helping with reading plans, relevant work, references and comments on the course syllabus.
Recommended use of hours:
Activity | Hours |
Attending lectures | 8 |
Submission of proposals for the project It'slearning | 6 |
Work on study guide, submitting assignments, activities It'slearning | 25 |
Information retrieval | 30 |
Reading litterature | 27 |
Group work | 40 |
Analysis of decision problem | 4 |
Writing the term paper | 60 |
Total recommended use of time | 200 |
Coursework requirements
In order to take final examiniation (deliver the project paer) students must, whitn deadline, submit on Itslearning their self selected strategic decision problem and obtain approval for it.
Examination
A Project paper concludes the course.
The project is handed out when semester starts and can be solved individually or in groups of up to three students. Hand in at the end of semester.
Examination code(s)
STR 36001 - Project paper. Counts 100% to obtian final grade in STR 3600 Strategy, 7,5 credits.
Examination support materials
All support materials allowed.
Re-sit examination
Re-sit examiniation is offered each semester.
Students who not get the coursework requirements approved are not qualified for the examination. The entire course must therefore be retaken at next scheduled course.
Additional information