MGMT 425 Integrated Strategic Management

Students apply skills learned in their marketing, accounting, mathematics, finance, and economics classes to business cases in integrated strategic management in this course. It focuses on the applications of strategic management in modern business organizations. It also discusses various practices used by managers to plan, develop and apply business strategies to achieve organizational goals effectively. It also encourages students to apply their specific skills to in-depth strategic management studies and analyze relevant issues in open-ended, real-world cases.


Credits: 1


Hours: 15 (Lecture: 15)


Enrolment in Post-Degree Diploma in Business Management, OR permission of Chair


Non-Course Prerequisites:


MGMT 225 


Course Content:
- Overview of Strategy, and the ‘pros’ and ‘cons’ of having a strategy
- The Design School: Strategy formation as a process of conception
- The Planning School: Strategy Formation as a Formal Process
- The Positioning school: Strategy formation as an analytical process
- The Entrepreneurial school: Strategy formation as a visionary process
- The Cognitive school: Strategy formation as a mental process
- The Learning school: Strategy formation as an emergent process
- The Power school: Strategy formation as a process of negotiation
- The Cultural school: Strategy formation as a collective process
- The Environmental School: Strategy Formation as a Reactive Process
- The Configuration School: Strategy Formation as a Process of Transformation
- Analyze approximately five relevant case studies


Learning Outcomes: Upon successful completion of this course, students will be able to:
- Describe the practical role of strategic management and its applications in organizations
- Explain the importance of strategy formation
- Demonstrate the ability to plan and develop managerial strategies as a formal process
- Analyze strategy development as a process
- Practice strategic management in diverse multicultural environments as team members
- Apply in depth strategic management analysis to a wide range of business organizations
- Integrate theoretical knowledge of strategic management with practical marketplace case studies and applications


Grading System:  Letters


Passing Grade: D (50%)


Textbooks are subject to change.  Please contact the bookstore at your local campus for current book lists.