MGT8002 Strategic Management
|Short Description:||Strategic Management|
|Faculty or Section :||Faculty of Business, Education, Law and Arts|
|School or Department :||School of Management and Enterprise|
|Student contribution band :||Band 3|
|ASCED code :||080307 - Organisation Management|
|Grading basis :||Graded|
Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at http://www.usq.edu.au/current-students/support/computing/hardware.
Unless special circumstances have been approved by the Associate Dean Academic (or their nominee), the student must have successfully completed a minimum of two-thirds of the courses of any particular program (that is, eight courses of study in the case of a 12 course program including 6 core courses), before enrolling in this course. This must include at least six core courses. It is also highly recommended that MGT8002 be the last course to complete in the degree.
This course focuses on strategic analysis, strategic capabilities and internal and external dynamics from a resource-based perspective. The course introduces students to an outside-in approach to examine how organisations analyse the environment by assessing the key success factors (KSFs) of an industry. It next uses an inside-out approach to analyse internal capabilities. It does this by matching the internal capabilities to the KSFs required to achieve sustained competitive advantage. The course assessment follows these processes by asking students to develop a range of strategies after reviewing the combined capabilities available. The course content adopts a critical stance at both the business and corporate level but also assesses the structure and systems required to support strategy including financial analysis. In this sense, the course builds on much prior knowledge in other management, economic, financial and technical courses.