Strategic management and performance measurement (5 cr)
Code: AL00CJ41-3002
General information
Enrollment
21.11.2022 - 08.01.2023
Timing
11.01.2023 - 23.02.2023
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lappeenranta Campus
Teaching languages
- English
Seats
10 - 45
Degree programmes
- Complementary competence, Bachelor's (in Finnish)
Teachers
- Jukka Sirkiä
Scheduling groups
- Verkkoluento 1 (Size: 0. Open UAS: 0.)
Groups
-
LLPRIB20S
-
LLABTO23H
Small groups
- Verkkoluento 1
Learning outcomes
The student is able to
- form the basis of the strategy - the values, mission and vision of the organization and understand the strategic objectives.
- apply and evaluate key performance indicators (KPIs) for strategy implementation.
- use balanced scorecard (BSC) approach to measure and improve performance.
- participate in the development of the organization's strategy process.
Implementation and methods of teaching
Online lectures and teamwork according to time-table.
Students will also prepare assignments and presentations.
Learning material and recommended literature
Strategic Management: Global Cultural Perspectives for Profit and Non-profit Organizations, Marios I. Katsioloudes, 2006 Elsevier. Part 1, Part 2 and chapter 7 in Part 3, pages from the beginning to page 222
Other relevant material made available through Moodle.
Learning environment
Online lectures an teamwork according to time-table. Moodle-workspace also used for instructions and assignments.
Student time use and work load
5 ECTS = about 135 hours of student work. Lectures, team work, assignments and independent studying
Contents
- Introduction to strategy
- Principles of strategic management
- Strategic planning and analysis
- Strategy process
- The balanced scorecard
Assessment criteria
More detailed information can be found in the course Moodle.
Assessment scale
1-5
Failed (0)
Failing to reach the level of 1 according to the evaluation criteria.
Assessment criteria: level 1 (assessment scale 1–5)
Student has basic knowledge of strategic management.
Assessment criteria: level 3 (assessment scale 1–5)
Student has good knowledge about strategic management and understands its role in leading and developing an organization.
Assessment criteria: level 5 (assessment scale 1–5)
Student has excellent knowledge and understanding of the meaning of strategic management and its different dimensions. Student is able to utilize this knowledge in business development and analysis.