Strategic management and Business Policy
| Subject | Strategic management and Business Policy |
| Semester | 5th semester (autumn) |
| Type | compulsory |
| ECTS | 6 ECTS |
| Study programme: | Economics / 1st Bologna cycle |
| Primary language: | Slovene |
The course is delivered in Slovenian and is a compulsory course in accordance with the officially approved curriculum of the undergraduate study programme in Business Studies.
Prerequisites
Students must have a sufficient command of Slovenian to communicate with the lecturers and fellow students, to follow the lectures and to understand the study materials.
Content (Syllabus outline)
- Basic concepts in the field of strategic management
- The strategic management process
- Analysis of the environment and analysis of a company's own resources
- Mission, vision and objectives
- Strategies (corporate, business, functional)
- Strategy implementation
- Designing the organisational structure
- Designing the strategic control system
- Implementation of strategic change
Understanding of the importance of the strategic planning process (in the dimensions of vision, mission and fundamental objectives), of strategies and of the strategic allocation of resources for the developmental and business success of enterprises and other similar organisations. Understanding of who participates in the individual phases of strategic planning, implementation and control, why and in what manner. Familiarisation with the fundamental and selected contemporary tools for carrying out these processes, both at the level of policy and at the level of strategic management, and for linking the two with the operational level in enterprises.
Intended learning outcomes
Competences To acquire the ability to solve problems on the basis of qualitative and quantitative information. To develop the ability to anticipate situations and events, as well as the ability to recognise and interpret economic conditions in given circumstances. To develop the ability to make decisions. To acquire the ability to learn independently. To develop the ability to express ideas and construct arguments in a logical and coherent manner, both orally and in writing. To develop the ability to construct arguments that lead to critical and self-critical thinking. To develop the skills of adapting to new circumstances. To acquire approaches that facilitate adherence to ethical principles. To acquire the ability to analyse business conduct and decisions and to evaluate them from an economic, social and ethical standpoint. To develop the ability to transfer knowledge into practice. To develop the ability to build interpersonal relations and to work in a team. To become acquainted with the strategic aspect of the management function of the enterprise and to understand its objectives. To acquire the ability to understand and apply the concepts and principles in the field of strategic management. Learning outcomes Having passed the examination, the student will understand the functioning of the strategic management function of the enterprise.
Learning and teaching methods
Forms of work
- Frontal teaching
- Group work by students on a project
- Independent student work
- Explanation
- Conversation/debate
- Presentations of seminar papers
Assessment consists of: a seminar paper (25% weight in the overall grade), the assessment of participation in the course (25% weight) and a written examination (50% weight).
Irrespective of the calculation taking the individual weights into account, a positive grade in the final examination is a prerequisite for a positive overall grade.
Readings- Obvezna literatura
- Hunger, David; Wheelen, Thomas L. 2010. Essentials of Strategic Management. Pearson.
- Bourgeois, L.J.; Duhaime, Irene M.; Stimpert, J.L.. Strategic management: A managerial perspective. Dryden, 1999.
- Capon, C.. Understanding Strategic Management. Harlow: Prentice Hall, 2008.
- Coulter, M. K.. Strategic Management in Action. Upper Saddle River, Pearson Education, 2008.
- Before and after lectures
- By arrangement
Lecturer:
Bobek, Vito