This document outlines a 90-minute session plan for an introduction to strategic management. It includes:
1) An interactive introduction and overview of strategic management including its definition, purpose, and who needs to understand strategy.
2) An interactive discussion of the "strategist's challenge" to understand an organization's values, opportunities, and capabilities.
3) An overview of the components of strategy including mission, vision, and values, and an interactive discussion of the importance of context.
4) An assignment for students to look at company websites to identify strategic components and a discussion of a short story relating to sustainability.
This document outlines a 90-minute session plan for an introduction to strategic management. It includes:
1) An interactive introduction and overview of strategic management including its definition, purpose, and who needs to understand strategy.
2) An interactive discussion of the "strategist's challenge" to understand an organization's values, opportunities, and capabilities.
3) An overview of the components of strategy including mission, vision, and values, and an interactive discussion of the importance of context.
4) An assignment for students to look at company websites to identify strategic components and a discussion of a short story relating to sustainability.
This document outlines a 90-minute session plan for an introduction to strategic management. It includes:
1) An interactive introduction and overview of strategic management including its definition, purpose, and who needs to understand strategy.
2) An interactive discussion of the "strategist's challenge" to understand an organization's values, opportunities, and capabilities.
3) An overview of the components of strategy including mission, vision, and values, and an interactive discussion of the importance of context.
4) An assignment for students to look at company websites to identify strategic components and a discussion of a short story relating to sustainability.
N (Minutes o ) 1 10 Introduction of self and students Interactive Ground Rules 2 20 A story on a Nokia and Motorola Discussion 3 5 Blind Man and Elephant Story Discussion Why called capstone? 4 5 Cricket Match story 5 10 Introduction to Strategic Management Interactive Definition o Objective, Purpose and goals o Produces principal policies and plans to achieve the goals o Defines ranges of business to operate in o Kind of economic and human organisation it wants to be o Nature of economic and non- economic contributions it intends to make to shareholders, employees, customers and communities Who needs to access and understand strategy o For value a business for acquisition o Undertake new corporate initiative o Enter new market
6 15 Strategist Challenge Interactive
To understand three critical factors o Values: Mission and scope o Opportunities: market and competition for similar value proposition o Capabilities: Strength, competitive advantage 7 10 What is strategy – origin & components Interactive Ask students to look through company websites and identify Mission Vision Values Purpose 8 5 The importance of context – It depends Interactive 9 5 Sustainability – Ek Tha Raja 10 15 1st Assignment and Term Project Inputs from students