Strategic Management (5 cr)
Code: YLI0059-3003
General information
Enrollment
21.11.2022 - 08.01.2023
Timing
03.02.2023 - 31.05.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lappeenranta Campus
Teaching languages
- Finnish
Degree programmes
- Master Business Administration, Business Development and Leadership (in Finnish), (2017-2021)
Teachers
- Mika Tonder
- Jukka Sirkiä
Scheduling groups
- Luennot 1 (Size: 0. Open UAS: 0.)
- Harjoitus R 1 (Size: 0. Open UAS: 0.)
- Simulaatio 1 (Size: 0. Open UAS: 0.)
Groups
-
LLPRYHRL21SHotelli- ja ravintola-alan liikkeenjohto (YAMK) 21S Lappeenranta
-
LLPRYLITA21SLiiketoiminnan kehittäminen ja johtaminen (YAMK) 21S Lappeenranta
Small groups
- Luennot 1
- Harjoitus R 1
- Simulaatio 1
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 2023. 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. and Saarijärvi, H. & Puustinen, P. (2021) Strategiana asiakaskokemus Miksi, Mitä, Miten. Docendo.
Working life cooperation
Strategy work for the company implemented as a team.
Learning environment
Contact lessons, Moodle platform, video meetings
Student time use and work load
Ca 100 h student work
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 manages the learning objectives set for the course satisfactorily.
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