Aims
This course evaluates the following outcomes:
The course participant…
1.a analyses the environment in which an organization is active and estimates the influence of environmental factors on the functioning of the organization.
1.b understands basic theories, basic terms and basic concepts of strategic management and uses them to critically evaluate the organizational strategy and make proposals to adjust the latter.
1.c uses the analysis of a (business) economic problem to develop and propose a solution in line with the organizational strategy.
2.a understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organizational activities, and can apply them when solving business problems.
2.c understands and substantiates the critical importance of each management domain for a successful organization and the coherence with other management domains.
2.d within the different management domains, develops proposals for the implementation of a certain organizational strategy, critically analyses the consequences of them and, based on this analysis, formulates proposals to adjust the organizational strategy.
3.a detects the impact of regional, national and international environmental factors on corporate policies and estimates the complexity of operating in an international environment when putting together a strategy.
More information
Strategic management analyses how company performance is driven by the industry and the broader environment of a company as well as by how a company competes in this environment.
After taking this course, students are expected to be able to independently interpret and criticize strategic decisions made by companies. The student masters the different theoretical concepts and frameworks discussed in class and is able to integrate and synthesize them while taking strategic decisions. Moreover, the student can apply these frameworks to real world examples. In particular, the student can identify those factors which are critical for the success of the company.
Previous knowledge
For this course it is recommended to have sufficient prior knowledge of the course Management.
Identical courses
This course is identical to the following courses:
HBH63E : Strategisch management
HLH20B : Strategisch management (No longer offered this academic year)
HBA10C : Strategic Management
Is included in these courses of study
- Bachelor in de handelswetenschappen (Antwerpen) 180 ects.
- Courses for Exchange Students Faculty of Economics and Business (Antwerp)
- Voorbereidingsprogramma: Master in de handelswetenschappen / Master of Business Administration (Antwerpen) 75 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Antwerp) 75 ects.
Activities
3 ects. Strategic Management (B-KUL-Y50703)
Content
1. What is strategy?
2. Drivers of value creation
3. Industry analysis
4. Competitive strategy and competitive advantage
5. Resources and capabilities
6. Corporate strategy
7. Strategy implementation
8. Innovation strategy
9. International business strategy
Course material
Compulsory Course Material
Slides, readings and case studies (available on Toledo)
Recommended Course Material (not compulsory)
Optional handbook:
•Foundations of strategy (Robert Grant and Judith Jordan, John Wiley & Sons)
•or Contemporary strategy analysis (Robert Grant, John Wiley & Sons)
Format: more information
Students are expected to actively participate in class, particularly during case discussions. Questions with respect to the covered materials are preferably raised in class. Alternatively, students can send questions through email. In the latter case, the questions will be answered in class.
Evaluation
Evaluation: Strategic Management (B-KUL-Y70927)
Explanation
Features of the evaluation
Written exam during the first examination period.
Determination of final grades
The result is calculated and expressed as an integer out of 20.
Second examination opportunity
The evaluation characteristics and determination of the final result of the second examination are identical to those of the first exam as described above.
Examination contract
Written exam