TTA-62037 Strategic Management, 5 cr

Person responsible

Saku Mäkinen, Laura Valtonen, Santeri Repo

Lessons

Implementation Period Person responsible Requirements
TTA-62037 2019-01 1 - 2 Saku Mäkinen
Laura Valtonen
Learning diary concerning lectures and course literature, and accepted exercises.
TTA-62037 2019-02 5 Saku Mäkinen
Santeri Repo
Laura Valtonen
Learning diary and passed Moodle exams.

Learning Outcomes

The student understands the nature of strategic management and its effect on corporate/organizational performance. The student masters the core vocabulary of strategic management. The student can apply the basic analytical frameworks of strategic management in future-oriented corporate decisions.

Content

Content Core content Complementary knowledge Specialist knowledge
1. The objectives of strategic management in theory and in practice. The concept of strategy.  Different interpretations concerning the objectives of strategic management.  Theoretical grounds of the different interpretations concerning the objectives of strategic management. 
2. Central analytical frameworks of the external environment of a company with regard to strategic management.  Theoretical grounds of the central analytical frameworks of the external environment of a company.  Primary proponents of the central analytical frameworks of the external environment of a company. 
3. Central analytical frameworks of the internal resources and capabilities of a company with regard to strategic management.  Theoretical grounds of the central analytical frameworks of the internal resources and capabilities of a company.  Primary proponents of the central analytical frameworks of the internal resources and capabilities of a company. 
4. The stages and aims of a strategy process.  Corporate governance  Alternatives to the standard notion of a strategy process. 
5. Stakeholder perspective and ethical considerations in strategic management.  Different views on the importance of the stakeholder perspective and ethical considerations in strategic management.  Theoreticel grounds of different views on the importance of the stakeholder perspective and ethical considerations in strategic management. 

Instructions for students on how to achieve the learning outcomes

Learning diary and online exams on course literature and online lectures.

Assessment scale:

Numerical evaluation scale (0-5)

Partial passing:

Completion parts must belong to the same implementation

Study material

Type Name Author ISBN URL Additional information Examination material
Book   Fundamentals of Strategy, Fourth Edition   Gerry Johnson         No   

Prerequisites

Course Mandatory/Advisable Description
TTA-11011 Teollisuustalouden perusteet Mandatory    
TTA-11017 Basics of Industrial Management Mandatory    

Additional information about prerequisites
Prerequisites do not apply to international exchange students.



Correspondence of content

Course Corresponds course  Description 
TTA-62037 Strategic Management, 5 cr TTA-62036 Strategic Management, 4 cr  

Updated by: Mäkinen Saku, 02.09.2019