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Module Title
LM Perspectives on Strategic Management
School
Birmingham Business School
Department
Birmingham Business School
Module Code
07 02969
Module Lead
Joe Sanderson
Level
Masters Level
Credits
15
Semester
Semester 1
Pre-requisites
Co-requisites
Restrictions
As a compulsory module: MBA (Strategy and Procurement Management), MBA Public Service, MBA Executive UK
Exclusions
none
Description
The module has three main elements. First, the module introduces a theoretical framework for understanding how firms make sustainable profits or 'rents' and puts this in the context of the broader debate over different interpretations of the concept of business strategy. Second, the module covers the operational stages of developing and implementing a business strategy. Finally, a framework is set out for understanding how to critique ideas about business in terms of their epistemological foundations. This allows students to decide which management ideas are sound and which are 'fads'.
Learning Outcomes
By the end of the module students should be able to:
Critically evalute the main theoretical perspectives on the concept of business strategy
Understand the stages management must go through in order to develop and implement strategy
Present a framework, based on an understanding of epistemology, for critiquing management practices in order to assess whether or not they are appropriate for a firm
Operationalise the ideas in the module in a series of case exercises and group discussions
Assessments: One 3-hour unseen exam (50%), one 3,000 word essay (45%), and one group case exercise (5%).
Reassessment: By one 3-hour unseen exam only, unless the mark in a component (essay or exam) is less than 35% in which case there will be mandatory reassessment of that component.
Other
none
Reading List
Grant, R. Contemporary Strategic Analysis (Concepts, Techniques, Applications). 5th ed.
Johnson, G & Scholes, K. Exploring Corporate Strategy - Texts and Cases. 6th ed.