Module Details
Module Code: |
n/a |
Full Title:
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Business Strategy
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Valid From:: |
Semester 1 - 2023/24 ( September 2023 ) |
Language of Instruction: | English |
Departments: |
Management & Financial Studies
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Module Description: |
This course will provide students with insight into the theory and practice of business strategy in a dynamic world. Using a case based approach, students will explore key models and frameworks in various contexts to make strategic decisions. In addition, strategy related issues facing organisations will be researched and examined.
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Module Learning Outcome |
On successful completion of this module the learner will be able to: |
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Module Learning Outcome Description |
MLO1 |
Interpret the financial and strategic situation of a firm using relevant frameworks and techniques. |
MLO2 |
Appraise the relevance and applicability of strategic models and frameworks in profit and non profit organisations. |
MLO3 |
Critique contemporary strategic issues facing management today. |
MLO4 |
Develop strategic action plans in the context of different organisations. |
MLO5 |
Assess the role played by management in strategic development within the organisation. |
Pre-requisite learning |
Module Recommendations
This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named DkIT module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
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No recommendations listed |
Module Indicative Content |
Analysis
Tools and techniques for strategic decision making.
External analysis techniques - macro and micro environment, PESTEL, five forces that shape strategy, competitor analysis, group map analysis and driving forces.
Internal analysis techniques - Resource based view, SWOT framework, VRIO framework and value chain analysis.
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Strategic choice
Strategy development for globalization and internationalisation.
Entrepreneurial strategies.
Non-profit sector strategy.
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Strategy in different contexts
Strategy and society.
Competitive strategy and sustainability.
Governance and ethics.
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Module Assessment
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Assessment Breakdown | % |
Course Work | 100.00% |
Module Special Regulation |
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AssessmentsFull-time
Part-time
DKIT reserves the right to alter the nature and timings of assessment
Module Workload
Workload: Full-time |
Workload Type |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
Contact |
Lecture and topic discussion.
Practical application of tools and techniques. |
Every Week |
2.00 |
2 |
Directed Reading |
Non Contact |
Assigned readings and case studies |
Every Week |
3.00 |
3 |
Independent Study |
Non Contact |
Topic driven research |
Every Week |
4.00 |
4 |
Total Weekly Learner Workload |
9.00 |
Total Weekly Contact Hours |
2.00 |
Workload: Part-time |
Workload Type |
Contact Type |
Workload Description |
Frequency |
Average Weekly Learner Workload |
Hours |
Lecture |
Contact |
Lecture and topic discussion. Practical application of tools and techniques. |
Every Week |
2.00 |
2 |
Directed Reading |
Non Contact |
Assigned readings and case studies |
Every Week |
3.00 |
3 |
Independent Study |
Non Contact |
Topic driven research |
Every Week |
4.00 |
4 |
Total Weekly Learner Workload |
9.00 |
Total Weekly Contact Hours |
2.00 |
Module Resources
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Supplementary Book Resources |
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A. J. Strickland, III,John E. Gamble,Arthur A. Thompson, Jr.. ISE Crafting and Executing Strategy: Concepts, 23rd. McGraw Hill, USA, [ISBN: 1264370598].
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Richard Lynch. (2021), Strategic Management, Ninth. Sage Publications Limited, UK, [ISBN: 9781529758245].
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Jeffrey H. Dyer,Paul C. Godfrey,Robert J. Jensen,David J. Bryce. (2020), Strategic Management, Third. John Wiley & Sons, [ISBN: 1119563135].
| Recommended Article/Paper Resources |
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Edwards, M.G. (2021), The growth paradox, sustainable
development, and business strategy, Business Strategy and the Environment, 30(7), pp.3079-3094.
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Jan Anton van Zanten, Rob van Tulder. (2021), Improving companies' impacts on
sustainable development: A nexus
approach to the SDGS, Business Strategy and the Environment, Vol 30 (8), pp 3703-3720,
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Wenzel, M., Stanske, S. and Lieberman,
M.B.. (2020), Strategic responses to crisis, Strategic Management Journal, 41(7/18).
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Porter, M.E. and Kramer, M.R. (2019), Creating shared value., Managing sustainable business, (pp. 323-346).
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Porter, Michael E and Kramer, Mark R. (2006), Strategy and society: the link between
competitive advantage and corporate
social responsibility, Harvard Business Review, Dec;84(12), p.78-92.
| This module does not have any other resources |
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