Strategic Planning

MGT30005 12.5 Credit Points Hawthorn, Online, Sarawak Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent

Contact hours

  • 36

2020 teaching periods

Hawthorn

Higher Ed. Semester 2

Dates:
3 Aug 20 - 1 Nov 20

Results:
8 Dec 20

Last self enrolment:
16 Aug 20

Census:
31 Aug 20

More teaching periods

Swinburne Online

Teaching Period 3

Dates:
2 Nov 20 - 7 Feb 21

Results:
2 Mar 21

Last self enrolment:
15 Nov 20

Census:
27 Nov 20


Prerequisites

187.5 credit points

Aims and objectives

Unit previously called  - Strategic Planning in Dynamic Environments
 
This unit focuses on deepening students’ knowledge and skills in strategic management by providing a practical and critical approach to formulating and implementing corporate, business and functional strategies. It is multidisciplinary, focusing on decision making in both the domestic and global environments. Through application of theoretical frameworks to practical cases, students will learn how strategic approaches can be aligned and integrated with major business targets. This unit will prepare students to respond to a challenging socio-economic environment, take advantage of emerging opportunities, and to put in place processes, people and systems to develop an effective and sustainable organisational strategy.

Students who successfully complete this unit will be able to:
 
1 Comprehend and critique theories of strategy in a fast changing business environment.
 
2 Research, identify and utilise relevant strategic management concepts, frameworks, tools and techniques to develop, evaluate and communicate organisational strategies and evaluate their effectiveness.
 
3 Analyse an organisation’s internal and external environment to understand the nature of competitive advantage at both business unit and corporate levels.
 
4 Develop a business case for a new initiative that displays clear alignment with organisational strategies.
 
5 Demonstrate a capability to conduct research in diverse teams concerning planning in complex and turbulent environments.