In the field of management, 'strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's top managers on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. Strategic management provides overall direction to an enterprise and involves specifying the organization's objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans. Academics and practicing managers have developed numerous models and frameworks to assist in strategic decision-making in the context of complex environments and competitive dynamics.  Strategic management is not static in nature; the models often] include a feedback loop to monitor execution and to inform the next round of planning.

Lecture and Exam Plan (Strategic Management)

Week

Chapter

Major Content

Weekly class Assignment

Recommended Books

1-2

1- Introduction to SM

2- Key Strategic Models

PEST, SWOT Analysis, Stakeholders Mapping,

Porters Diamond Model, Porters Five Forces, Competitors Analysis and Competitive Strategies

Case Studies Relevant to importance, and Implications of different Strategic Models.

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

 

3-4

1- Strategic Planning

 

Strategic Planning, Strategic Planning: The Rational Model, Less formal strategic planning, Strategic Lenses, Resource-Based Strategy, Directors Strategic roles, and responsibilities.

Case Studies Relevant to Strategic Planning and its strategic Devolvement.

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

 

5-6

1- Stakeholders & Corporate Objectives and Strategic Decision Making

Mission, goals and strategy, Business goals and objectives, The short term and long term, Stakeholders management, CSR and sustainability, Strategy and Not-for-profit organizations

Case Studies Relevant to Stakeholders & Corporate Objectives and Strategic Decision Making

 

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

7-8

Strategic Decision Making and Different Emergent Strategies

Environmental information and analysis,

Gap analysis, Forecasting, Scenario Planning, Foresight, Game theory, Strategic Intelligence

Case Studies Relevant to Strategic Decision Making and Different Emergent Strategies

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

Mid-Term

Above All chapters are Included in Mid-term Exams

Paper Pattern:

1- Three Case Studies relevant to discussed Topics.

9*3=27

 

2- Current Economic affairs and its recommended solutions. 03 Marks.

 

 

 

Case Studies Discussed in Class are Part of Mid-term Exam

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

9-10

Strategic Information System

Hierarchy of planning and control decision, Strategic Information, Executive Information System, Decision Support system, Executive Information Center, Decision Support system, Case Study

Case Studies Relevant to Strategic Information System

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

11-12

Change Management and Strategic Implications

Change Management, Case study of MacDonald, Role of Change management in strategic implication, Emergent strategies  

Case Studies Relevant to Change Management and Strategic Implications

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

13-14

Organization Strategy & Organizational Learning

Why are strategy and organizational learning important?

What is organizational design and how is it linked to strategy?

How does technology influence organizational design?

How does the environment influence organizational design?

How should the whole organization be led strategically?

 

Case Studies Relevant to Organization Strategy & Organizational Learning

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

15-16

1- Change & Stress Management

2- Project Report submission and Viva

Forces for Change, Change Resistance/ Approaches to Managing Organizational Change, Interventions To Change, Creating A Culture For Change.

Case Studies Relevant to Change & Stress Management

and Job Performance

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

Final-Exam

All chapters discussed in class after Mid are Included in Final-term Exams

Paper Pattern:

1- Four Case Studies relevant to discussed Topics.

11*4=44

2- Current Economic affairs and its recommended solutions. 06 Marks.

Case Studies Discussed in Class after Mid are Part of Final-term Exam

1- SM CIMA E3

2- Strategic Management_ Neil Ritson

 

 

  Time Table  SM      
   
  Teacher Name:_______________________ Aamir Sohail      
Sr No. Day Time Class Course Title Total Students  
1 Monday 09:30-11:00 B.com-8th Reg Strategic Management 13  
2 Tuesday 09:30-11:00 B.com-8th Reg Strategic Management 13  

Course Material