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MGT510 Strategic Management

tag 0 Download 16 Pages / 3,820 Words tag 09-07-2021


What is your subject about?

This subject introduces key practical and theoretical aspects of strategic management. It provides an overview of the debates in strategic management, offers an effective introduction and orientation to the field, and also addresses the potential benefits and limitations of strategic management. This approach allows for the development of knowledge and skills in the areas of strategic analysis, strategic choice and strategic implementation.

Learning outcomes

On successful completion of this subject, you should:

Be able to identify and explain the key components of strategic management such as strategy analysis, strategy formulation and strategy implementation, and their interrelationships; be able to review and evaluate the evolution of ideas and practices leading to the development of strategic management and its relationship to other management practices and Charles Sturt University Subject Outline principles;

be able to identify and differentiate between functional areas such as marketing, finance,operations and human resource management and evaluate how they should act conjointly toward the attainment of the organisation's strategic aims and objectives;

be able to evaluate the importance of developing strategically appropriate relationships

between people, processes, functions, structures and even organisations; and

be able to critique, act strategically, and make recommendations in the context of the potential of strategic management vis-a-vis the realisation of organisational change and/or success in the private, public, and not-for-profit sectors.

You will find many useful articles in the following journals. They may also offer the opportunity to find articles with examples drawn from industry areas in which you work or have a strong interest. Some of these offer web based access and can be accessed through the CSU library journal databases.

Academy of Management Journal

Academy of Management Review

Administrative Science Quarterly

Advances in Strategic Management

Harvard Business Review

Journal of Management Studies

Journal of Business Strategy

Journal of Strategic Change

McKinsey Quarterly

Organization Studies

Long Range Planning

Strategic Management Journal

Guidelines for this task:

You should seek to complement the readings from Module 1 by accessing books and relevant journal articles from the sources listed under 'Recommended additional reading' in this Subject Outline.

Use your reading to inform your critical evaluation of the key issues of strategic analysis within the business, public sector or not-for-profit organisation where you work.

While you are required to name the organisation that is the focus of your research, you may wish to make a case for maintaining the anonymity of the organisation (e.g. due to political or commercial sensitivities). Contact your subject coordinator before you start on the assignment if you need to do this.

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Total 16 pages

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