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MBA508 Business Strategy (8)

Abstract

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.

+ Subject Availability Modes and Location

Session 2
InternalCSU Study Centre Melbourne
InternalCSU Study Centre Sydney
DistanceBathurst Campus
Session 3
InternalCSU Study Centre Sydney
DistanceBathurst Campus
Continuing students should consult the SAL for current offering details: MBA508
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Management and Marketing

Assumed Knowledge

Assumed knowledge for this subject is equivalent to that covered in MBA501, MGT501 or MGT571.

Enrolment restrictions

Available to MBA students only. Not available to students who have completed MGT510 or MGT573.
Incompatible subject(s)Related subject(s)
MGT510 MGT573 MGT510 Paired Subject
MGT573 There is a significant overlap in content.

Learning Outcomes

Upon successful completion of this subject, students 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 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 organisations 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.

Syllabus

The subject will cover the following topics:
  • Introduction to strategy and strategic management
  • Strategy analysis (i.e., the external environment analysis, the internal environment analysis)
  • Strategy formulation (i.e., business-level strategy, corporate-level strategy)
  • Strategy implementation and evaluation (i.e., strategies for change, leadership requirements for strategic change, implementation and evaluation of strategic change)

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The information contained in the 2015 CSU Handbook was accurate at the date of publication: 01 October 2015. The University reserves the right to vary the information at any time without notice.