Corporate Management Strategy
- Management Sciences
- 800 level
- 3 credit units
- 231 pages
- 13 units
This course provides an in-depth exploration of corporate management strategy, focusing on the strategic management of organizational operations. It covers key areas such as organizational mission, goals, and objectives, as well as internal and external analysis. Students will learn about strategic planning, corporate strategic posture, and strategic typologies. The course also examines organizational structure and the influence of technology on strategy, equipping students with the tools to manage corporate entities strategically for competitive advantage.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- Yes
- Assignments
- Tutor Marked Assignments
- Final Examination
What you'll read
The real module and unit structure of MBA820, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
MBA820 · UNIT 2: ORGANISATIONAL MISSION
The various perceptions on the essence of strategy as discussed above suggest that strategy constitutes the choice of major directions for pursuing predetermined corporate objectives and the allocation of scarce resources. According to Hill and Jones (2004), strategy represents a company's game plan in the world of stiff competition.
What you should be able to do
- Define and apply key concepts in corporate management strategy.
- Conduct internal and external analyses of organizations.
- Formulate and evaluate strategic alternatives.
- Analyze and solve complex business problems using case studies.
- Understand the relationship between strategy, structure, and technology.
- Assess the competitive forces in an industry and develop appropriate strategies.
What it prepares you for
- Business Development Manager
- Management Consultant
- Strategic Planner
- Executive Director
- Corporate Strategist
- Consulting
- Financial Services
- Manufacturing
- Healthcare
- Technology
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 2: Internal Analysis
Unit 1: Internal Analysis of the Firm
Requires a deep understanding of a company's internal resources, capabilities, and limitations, which can be challenging to assess objectively.
- Module 2: Internal Analysis
Unit 3: External Diagnosis
Involves complex reasoning about the external business environment and the ability to synthesize various factors into actionable strategies.
A suggested way through it
13 weeks, about 41 hours in total. Yours will differ.
- Week 1Module 1: Concepts of Strategy
Unit 1: Concepts of Strategy · 2 hours
Define strategy and its importance in corporate management.. Discuss the scope of strategy, including product-market scope, growth vector, competitive advantage, and synergy.. Explain the process of strategy formulation and the influences on strategic choice..
Unit 2: Organisational Mission · 2 hours
Discuss the meaning and importance of organizational mission.. Describe the process of formulating a corporate mission.. Analyze the influences on corporate mission, such as company goals, philosophy, and public image..
- Week 2Module 1: Concepts of Strategy
Unit 3: Organisational Goals · 2 hours
Explain the nature of organizational goals and their functions.. Discuss the integration of personal goals and organizational goals.. Describe various types of organizational goals, including order, economic, and cultural goals..
Unit 4: Organisational Objectives · 2 hours
Explain the nature of organizational objectives and their relationship to goals.. State the differences between annual objectives and long-term objectives.. Discuss the qualities of effective annual and long-term objectives..
- Week 3Module 1: Concepts of Strategy
Unit 5: Organisational Policies · 2 hours
Explain the meaning and nature of organizational policy.. Discuss the purpose of organizational policies in guiding decisions.. State the differences between objectives and policy, and their interrelationship..
- Week 4Module 2: Internal Analysis
Unit 1: Internal Analysis of the Firm · 3 hours
Explain the nature of internal diagnosis and its importance in strategy development.. Discuss the identification of strategic internal factors using a functional approach.. Describe the value chain approach to internal analysis..
- Week 5Module 2: Internal Analysis
Unit 2: Industry Analysis · 3 hours
Explain the evaluation of strategic internal factors and the use of quantitative and qualitative approaches.. Discuss the use of strategy in relation to the prevailing competitive forces in an industry.. Explain the various forces that shape competition in an industry..
- Week 6Module 2: Internal Analysis
Unit 3: External Diagnosis · 3 hours
Describe what constitutes a threat to entry in a given industry.. State factors that can determine the power of suppliers and buyers.. Discuss how substitute products can pose problems to firms in an industry..
- Week 7Module 2: Internal Analysis
Unit 4: Strategic Planning · 3 hours
Discuss the nature of strategic planning and its importance.. Explain the components of the strategic planning process, including assessing the mission, establishing goals, and analyzing the environment.. Discuss strategy formulation, implementation, and evaluation..
- Week 8Module 2: Internal Analysis
Unit 5: Corporate Strategic Posture · 3 hours
Analyze the importance and limitations of strategic management.. Explain the nature of functional strategy and its role in achieving organizational goals.. Describe various forms of functional strategies, including marketing, finance, and R&D..
- Week 9Module 3: Strategic Typologies
Unit 1: Strategic Typologies · 3 hours
Describe the nature of grand strategy and its purpose in providing basic direction.. Discuss various types of grand strategy, such as concentration, market development, and diversification.. Explain the differences between functional and grand strategies..
- Week 10Module 3: Strategic Typologies
Unit 2: Organisational Structure · 3 hours
Explain the nature of strategic analysis and its importance in decision-making.. Explain various methods of strategic analysis at the corporate level, such as the business portfolio approach.. Describe the BCG matrix and its use in evaluating business units..
- Week 11Module 3: Strategic Typologies
Unit 3: Structure, Technology and Strategy · 3 hours
Describe the GE Nine-Cell Grid and its advantages over the BCG matrix.. Explain portfolio analysis and its role in resource allocation.. Discuss corporate strategic choice making and the factors influencing it..
- Week 12Module 3: Strategic Typologies
Unit 4: Case Study · 3 hours
List the behavioral considerations in strategic choice, such as risk attitude and internal politics.. Explain the concept of case study and its objectives in strategic management.. Discuss the preliminary considerations in case analysis..
- Week 13Module 3: Strategic Typologies
Unit 4: Case Study · 4 hours
Analyze the principles for analysis of a case material.. Apply theoretical knowledge to practical situations through case analysis.. Develop analytical and problem-solving skills in a real-world context..
Preparing for the exam
- Review all module and unit objectives to ensure comprehensive understanding.
- Create detailed summaries of key concepts and frameworks from each unit.
- Practice applying strategic frameworks (SWOT, BCG matrix) to different case scenarios.
- Focus on understanding the interrelationships between strategy, structure, and technology.
- Allocate study time proportionally based on the weight of each module in the final exam.
- Form study groups to discuss and debate different strategic approaches to case studies.
- Practice time management by simulating exam conditions while answering practice questions.
- Prioritize studying challenging units identified in the 'Peak Difficulty Periods' section.
- Create concept maps linking Units 3-5 internal/external analysis concepts.
- Review all TMAs and feedback to identify areas for improvement.
Questions students ask about this course
What is MBA820 about?
This course provides an in-depth exploration of corporate management strategy, focusing on the strategic management of organizational operations. It covers key areas such as organizational mission, goals, and objectives, as well as internal and external analysis. Students will learn about strategic planning, corporate strategic posture, and strategic typologies. The course also examines organizational structure and the influence of technology on strategy, equipping students with the tools to manage corporate entities strategically for competitive advantage.
How many units does MBA820 have?
MBA820, Corporate Management Strategy, has 13 units across 3 modules, over 231 pages of course material. You can read it one unit at a time.
How many credit units is MBA820?
MBA820 carries 3 credit units, at 800 level in Management Sciences.
Is MBA820 hard?
MBA820 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work, and it has a practical component.
How long does MBA820 take to study?
About 208 hours of study, spread across its 13 units.
How is MBA820 assessed?
MBA820 is assessed by Assignments, Tutor Marked Assignments and Final Examination.
What can I do with MBA820?
Business Development Manager, Management Consultant, Strategic Planner, Executive Director and Corporate Strategist.