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HCM441

Strategic Management In Hospitality And Tourism

This course provides an advanced and contemporary knowledge of strategic management within the hospitality and tourism sectors. It equips learners with analytical and practical managerial skills necessary for professional and efficient job performance. The course emphasizes holistic approaches to strategic management, highlighting synergies between external and internal environments. Structured in a model approach, it helps learners understand strategic management basics and develop independent approaches to the complexities of the business environment.

About this course

Difficulty
Intermediate
Study hours
156 hours
Maths
None
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

HCM441 · UNIT 2 STRATEGIC MANAGEMENT IN HOSPITALITY AND TOURISM

At the functional level, the firm’s objective is to sustain its advantage by focusing on efficiencies related to production, operations, administration, marketing, and other support functions. It also engages in constant innovation to ensure new product/service development rollout, while ensuring that the service and product qualities, as well as the customer satisfaction related to them are at the highest level.

What you should be able to do

  1. Analyze the historical origins of strategic management
  2. Evaluate the characteristics and types of Hospitality and Tourism Organizations
  3. Explain the role of the external environment in the context of hospitality and tourism businesses
  4. Identify the techniques of strategic analysis and choice
  5. Explain strategy formulation from a contingency perspective
  6. Analyze the growth of ICT in the tourism and hospitality industry

What it prepares you for

Careers
  • Hotel Manager
  • Tourism Consultant
  • Restaurant Manager
  • Event Planner
  • Travel Agent
Where it is applied
  • Hospitality
  • Tourism
  • Travel
  • Event Management
  • Food Service

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 1: Introduction to Strategic Management

    Unit 1: Introduction to Strategic Management

    Requires understanding of various schools of thought and their historical context, demanding critical analysis and comparison.

  • Module 2: The Task Environment and its influence

    Unit 1: The Task Environment and its influence

    Application of the Five Forces Model requires in-depth understanding of industry dynamics and competitive pressures.

  • Module 3: Strategy Formation-Formulation Approaches

    Unit 2: Strategy Implementation and change

    Demands a holistic understanding of multiple factors and their interactions, requiring critical evaluation and synthesis.

A suggested way through it

Suggested

13 weeks, about 28 hours in total. Yours will differ.

  1. Week 1Module 1: Introduction to Strategic Management
    • Unit 1: Introduction to Strategic Management · 2 hours

      Read the unit introduction to understand the scope of strategic management.. Study the historical origins of strategy and strategic management.. Define key terms such as mission, vision, goals, and objectives.. Review the case study and answer the related questions..

  2. Week 2Module 1: Introduction to Strategic Management
    • Unit 2: Strategic Management in Hospitality and Tourism · 2 hours

      Define the hospitality and tourism context.. Evaluate the characteristics and types of Hospitality and Tourism organizations.. Discuss the impact of these characteristics on strategic management practices.. Review strategic management literature in the Hospitality and Tourism field..

  3. Week 3Module 1: Introduction to Strategic Management
    • Unit 3: Corporate Strategy for Hospitality and Tourism · 2 hours

      Understand the importance of corporate strategy in tourism.. Analyze the consequences of failing to monitor and respond to the changing external environment.. Discuss the impact of ad hoc decisions in the absence of strategic planning..

  4. Week 4Module 1: Introduction to Strategic Management
    • Unit 4: The Hospitality and Tourism Industry Context · 2 hours

      Examine the role of the environment and its impact on hospitality and tourism firms.. Define the internal and external environment.. Describe the impact of the external environment on business from a strategic formulation perspective..

  5. Week 5Module 1: Introduction to Strategic Management
    • Unit 5: Macro Environment & Hospitality and Tourism · 2 hours

      Discuss the macro environment and its components.. Analyze the different types of environment and their impact on the hospitality and tourism industry..

  6. Week 6Module 2: The Task Environment and its influence
    • Unit 1: The Task Environment and its influence · 2 hours

      Understand how firms are influenced by the task environment.. Analyze the external environment of hospitality and tourism organizations.. Apply the Five Forces Model to the hospitality and tourism industry..

  7. Week 7Module 2: The Task Environment and its influence
    • Unit 2: The Organization Context · 2 hours

      Understand the influence of an organization's internal environment on strategy formation.. Highlight the importance of different stakeholders.. Discuss organizational structure, resources, core competencies, and distinctive competencies..

  8. Week 8Module 2: The Task Environment and its influence
    • Unit 3: Business Level Strategies · 2 hours

      Define competitive strategy.. Explain positioning and generic business strategies.. Assess business-level strategy in hospitality and tourism firms..

  9. Week 9Module 2: The Task Environment and its influence
    • Unit 4: Corporate Level Strategies · 2 hours

      Understand corporate strategy and identify its competences.. Evaluate different approaches to corporate strategy development.. Reflect on portfolio and competence approaches..

  10. Week 10Module 2: The Task Environment and its influence
    • Unit 5: Network Level Strategies · 2 hours

      Identify motivations for forming strategic alliances.. Discuss the advantages and disadvantages of strategic alliances.. Explain management contracting, franchising, and joint ventures..

  11. Week 11Module 3: Strategy Formation-Formulation Approaches
    • Unit 1: Strategy Formation-Formulation Approaches · 2 hours

      Define strategy formation, formulation, and implementation.. Discuss and evaluate different approaches to strategy formation, including planning, learning, contingency, configurational, and complexity approaches..

  12. Week 12Module 3: Strategy Formation-Formulation Approaches
    • Unit 2: Strategy Implementation and change · 2 hours

      Explain the need for a strategy implementation framework.. Evaluate strategy formulation and implementation from a holistic perspective.. Discuss potential barriers and challenges in developing and implementing strategies..

  13. Week 13Module 3: Strategy Formation-Formulation Approaches
    • Unit 3: Strategic Management problems · 2 hours

      Explain the challenges of strategic management in the hospitality and tourism context.. Define the terms Dynamics, Content, Context, Process, and Outcome.. Discuss how hospitality and tourism organizations can sustain competitiveness..

    • Unit 4: Strategy and ICT Application · 2 hours

      Discuss the growth of ICT in the tourism and hospitality industry.. Analyze the benefits of ICT in the strategic management of airlines.. Explain how ICT facilitates airline operations..

Preparing for the exam

What to do
  • Create concept maps linking strategic management theories to real-world hospitality examples.
  • Practice applying Porter's Five Forces to analyze different tourism sectors.
  • Review case studies, focusing on strategic decisions and their outcomes.
  • Summarize key concepts from each unit, emphasizing practical applications.
  • Allocate study time proportionally based on unit complexity and assessment weighting.

Questions students ask about this course

What is HCM441 about?

This course provides an advanced and contemporary knowledge of strategic management within the hospitality and tourism sectors. It equips learners with analytical and practical managerial skills necessary for professional and efficient job performance. The course emphasizes holistic approaches to strategic management, highlighting synergies between external and internal environments. Structured in a model approach, it helps learners understand strategic management basics and develop independent approaches to the complexities of the business environment.

How many units does HCM441 have?

HCM441, Strategic Management In Hospitality And Tourism, has 14 units across 3 modules, over 112 pages of course material. You can read it one unit at a time.

How many credit units is HCM441?

HCM441 carries 2 credit units, at 400 level in Agricultural Sciences.

Is HCM441 hard?

HCM441 is rated intermediate level, with no mathematical content. It is mostly theoretical and case study work.

How long does HCM441 take to study?

About 156 hours of study, spread across its 14 units.

How is HCM441 assessed?

HCM441 is assessed by assignments, tutor marked assessments and final examination.

What can I do with HCM441?

Hotel Manager, Tourism Consultant, Restaurant Manager, Event Planner and Travel Agent.

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