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MGT573 Strategic Practice (8)

Abstract

The subject, Strategic Practice, introduces some of the key practical and theoretical aspects of strategic management for those working in the IT field. It provides an overview of key forces and debates that have produced, and continue to influence the development of, strategic management. Potential benefits and limitations of strategic management will be addressed. This approach allows for the development of knowledge and skills in the areas of strategic analysis, strategic choice and strategic implementation. Assumed knowledge in this subject is equivalent to that covered in MGT571.

+ Subject Availability Modes and Location

Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: MGT573
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

Enrolment restrictions

This subject is available only to students enrolled in the Master of Management (Information Technology)(Articulated Set); or Master of Business Administration (Computing); or Graduate Certificate in Professional Sales; or Master of Project Management; or Master of Management (Chartered Marketer). This subject is not available to students who have completed MBA508 and/or MGT510.
 
Prerequisite(s)Incompatible subject(s)Related subject(s)
ITI500MBA508 MGT510 MBA508 Significant overlap in content
MGT510 Significant overlap in content

Learning Outcomes

Upon successful completion of this subject, students should:
  • Be able to outline and explain 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 describe and organise the various components of strategic management and their inter-relationships;
  • Be able to critically evaluate the parts and the whole, the importance of developing strategically appropriate relationships between people, processes, functions, structures and even organisations;
  • Be able to identify and evaluate how functional areas such as marketing, finance, operations and human resource management should act conjointly toward the attainment of the organisations strategic aims and objectives;
  • Be able to describe and critique the process of strategic management for the realisation of organisational change and/or success in the private, public, and not-for-profit sectors;
  • Be able to undertake internal and external strategic analysis;
  • Be able to assess the strategic capabilities of organisations and their competitors;
  • Be able to produce strategic alternatives, evaluate them, and make recommendations from them;
  • Be able to demonstrate a capacity to play a number of roles in relation to strategic management.

Syllabus

The subject will cover the following topics:
  • The conceptual foundation of strategic management
  • Corporate and business level strategy
  • The strategic focus
  • The planning focus
  • The changing strategic context
  • Critical evaluation of strategic management
  • Organisational analysis
  • The internal environment focus
  • The external environment focus
  • Strategic intent and corporate advantage
  • The case study approach
  • Strategic management of information technology
  • Strategic leadership
  • Strategies for change
  • Leadership requirements for strategic change
  • Implementation of strategic changes

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The information contained in the 2016 CSU Handbook was accurate at the date of publication: 06 September 2016. The University reserves the right to vary the information at any time without notice.