Study Guide

Learning outcomes

The student is able to
- Understand the importance of strategic management and interpret how strategic business decisions affect a company's operations and success both locally and in the global market
- Operate strategically in a highly competitive market and interpret the cause-and-effect relationships of business
- Develop a coherent strategy as part of the working group and implement it through operational decisions

Implementation and methods of teaching

Contact teaching, group work and simulation. In group work, student groups implement strategy work for the business case of working life. The simulation implements the company's strategic financial simulation as a group work.

Timing and attendance

Spring semester 2022. Contact teaching is carried out on the contact teaching days of the degree program according to the study schedule. Group work and simulation are mostly carried out outside contact teaching.

Learning material and recommended literature

Study material available in Moodle platform. Literature: Mauborgne R., Kim W., C. (2017) Blue Ocean Shift: Beyond Competing - Proven Steps to Inspire Confidence and Seize New Growth.

Working life cooperation

Strategy work for the company implemented as a team.

Learning environment

Contact lessons, Moodle platform, video meetings

Contents

The course teaches the basics of strategic business management and planning. The theoretical framework is applied in group work and business simulation.

Additional information for students: previous knowledge etc.

It is recommended that the course "Industry Analysis and Foresight" be completed before the Strategic Management course. However, this is not required.

Assessment criteria

The overall grade consists of the combined effect of all aspects of the course.

Assessment scale

1-5

Failed (0)

The student has not achieved the learning objectives set for the course or the tasks are missing.

Assessment criteria: level 1 (assessment scale 1–5)

The student manages the learning objectives set for the course satisfactorily.

Assessment criteria: level 3 (assessment scale 1–5)

The student masters the learning objectives set for the course well

Assessment criteria: level 5 (assessment scale 1–5)

The student masters the learning objectives set for the course admirably