Professional Documents
Culture Documents
1. ADMINISTRATIVE INFORMATION
A 15-minute break will be given. Any student coming late or returning late after the break
will be considered absent for that day.
In case of cancellation / makeup of a class you shall be notified through the website of
Greenwich and / or through your Greenwich email account.
2. ATTENDANCE:
Mandatory 100% class attendance to sit for the final exams.
No food, drinks, gum or beetle-nut (chalia) will be allowed inside the class room.
In order to maintain the sanctity and decorum on the University Campus, all male
and female students are required to be dressed in a decent and appropriate
manner. Please note carefully that under no circumstances will you be allowed to
attend classes in a casual and shabby getup, for example, dirty and un-ironed
clothes. The University shall take a particularly stern view of any kind of immodest
and revealing clothes, such as shalwar-qameez with long slits, shirts with low
necklines, short skirts and tight or torn jean s. Male students may wear shalwar -
qameez with waist-coat and sandals with straps.
Strict disciplinary action would be taken against all those who do not follow the
instructions in letter and spirit.
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The Student ID Card must be displayed while attending the class. You will not be
allowed to attend the class without the ID card.
Strategic management would cover, Definition and process, nature of strat egic decisions,
The strategy managers: the role and tasks. Strategy Formulation: Information Inputs:
Operating environment scanning, Structural analysis of competitive forces, The Structure
and performance of the industry as a whole. Strategy Formulation: Mission and Objective:
Concepts: Mission, goals, objectives and targets, Mission development and statement,
Relationship. The strategy-making hierarchy, corporate strategy, Functional strategies,
operating strategy, factors shaping strategy. Action Plan Ch oice: The generic competitive
strategies, the offensive strategic postures, the defensive strategic postures, corporate
diversification strategies. Strategies Evaluation and Selection: Evaluation models, Growth
share matrix (GSM), General electric’s stop l ight grid, Life cycle analysis, Gap analysis,
Directional policy matrix (DPM), Selection models and contexts.
Function Strategy Formulation: Selection of functional areas, Formulation of functional
objectives, Formulation of functional action plans. Strat egy Implementation: Analyzing
strategy-change, Analyzing organizational structure, Analyzing organizing culture,
selecting an implementation approach. Strategic Control: The strategic control process.
A Case Analysis Framework: Diagnosis and record of the current situation, Identification
and record of the strategic issues and key problems.
To develop analytical and decision making skills for dealing with complex conceptual
problems in an ethical manner.
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o Scan the external environment of any organization and identify the key aspects
environmental factors having an impact on the performance of the overall industry
and the company being analyzed
o Identify the key success factors for a given industry and evaluate the performance
of the major players in the industry on these factors
o Identify the opportunities and threats posed by the environment for a given
company
o Using external factor analysis matrix (EFE) evaluate a company for being
responsive to these environmental factors
o Evaluate The value chain process of any company and identify the strengths or
weaknesses of each activity
o Using internal factor analysis matrix identify evaluate the overall standing of the
company in terms of strength or weakness
o Using the Strategic Position and Action Evaluation (SPACE) matrix, Boston
consulting Group (BCG) Growth share matrix, and GE Business Screen Matrix
identify the portfolio structuring of a given multi -business corporation
b) During the class I will ask students to explain some of the concepts discuss
questions related to the concepts and apply them to textbook situations to clarify
their understanding.
c) Have read the assigned cases and come prepared to discuss them in the class.
These cases would cover the text that has been covered in the previous week. A
team of two students will submit these cases. The cases require you to identify
key issues, identify theories and concepts relevant to the case, and recommend
ideas addressing the issue.
D) Mid-Term Examination: it would be of two hour duration & Final Examination would
be of Four hour duration.
6. TEACHING METHODOLOGY:
The course will include a combination of lecture and practical exercises including student
presentations. Current issues in the news relevant to course topics will be examined and
writing assignments will be required.
Lectures
Guest Speaker
Class discussion
Presentation
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7. PERFORMANCE REQUIREMENTS:
Complying with the course requirements with active class participation and timely
submission of assignments.
8. MATERIAL / RESOURCES:
RECOMMENDED TEXT:
Strategic Management Concepts and Cases, 12th edition by Fred R. David (2009)
Pearson Education Inc. (Indian Reprint PHI Learning Private Limited, New Delhi India)
Available at Paramount Books Private Ltd, Karachi. www.paramountbooks.com.p k
Reference Books:
1. Strategic Management and Business Policy by Thomas L. Wheeleen and J. David
Hunger, Eight Edition, Prentice Hall
th
2. Strategic Management, Concepts and cases, 15 Edition by Arthur A. Thompson, Jr. and
A. J. Strickland III
Use Microsoft Office – 2007 to create assignments. (For technical assistance you
may contact computer lab).
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11. GRADING:
* Personal Portfolio & Participation…. 5%
* Case Assignments (Group)..………. 5%
* Quizzes…..………………………….... 10%
* Term Project & Presentation……….. 10%
* Mid-term Examination……………….. 30%
* Final Examination ……………………. 40%
The Term Project will be allocated in session # 7 and would require the students to visit
the respective commercial / industrial organization. Students would require a letter of
referral from the University prior to approaching any organization.
The instructor reserves the right to assign seats to students for examination period.
If a student is not appearing in any of the examinations for whatever reason he /she is
bound to inform the instructor and Examinatio n Department in writing. This should be
done before the commencement of Final Exams.
Final exams will comprise questions based on the entire syllabus, including the teaching
done before the Mid-Term exam. Therefore, students should be prepared to answer
questions based on the entire course work for the semester.
Session 2 (Chapter 1)
THE NATURE OF STRATEGIC MANAGEMENT
Why Some Firms Do No Strategic Planning
Pitfalls in Strategic Planning
Guidelines for Effective Strategic Management
Business Ethics and Strategic Management
Comparing Business and Military Strategy
The Nature of Global Competition
Session 3 (Chapter 2)
THE BUSINESS VISION AND MISSION
What Do W e W ant to Become?
What is Our Business?
Importance of Vision and Mission Statement
Characteristics of a Mission Statement
Mission Statement Components
Writing and Evaluating Mission Statements
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Session 4 (Chapter 3)
THE EXTERNAL ASSESSMENT
Quiz # 1
The Nature of an External Audit
The Industrial Organization (I/O) View
Economic Forces
Social, Cultural, Demographic and Environmental Forces
Political Governmental, and Legal Forces
Technological Forces
Competitive Forces
Competitive Analysis: Porter's Five -Forces Model
Sources of External Information
Forecasting Tools and Techniques
The Global Challenge
Industry Analysis: The External Factor Evaluation (EFE) Matrix
The Competitive Profile Matrix (CPM)
Session 5 (Chapter 4)
THE INTERNAL ASSESSMENT
The Nature of an Internal Audit
The Resource-Based View
Integrating Strategy and Culture
Management
Marketing
Finance! Accounting
Production/Operations
Research and Development
Management Information Systems
Value Chain Analysis
The Internal Factor Evaluation (IFE) Matrix
Session 6 (Chapter 5)
STRATEGIES IN ACTION
Long· Term Objectives
Balanced Scorecard
Types of Strategies
Integration Strategies
Intensive Strategies
Diversification Strategies
Defensive Strategies
Michael Porter's Generic Strategies
Means for Achieving Strategies
Strategic Management in Nonprofit and Governmental Organizations
Strategic Management in Small Firms
Session 7 (Chapter 6)
STRATEGY ANALYSIS AND CHOICE
The Nature of Strategy Analysis and Choice
A Comprehensive Strategy-Formulation Framework
The Input Stage
The Matching Stage
The Decision Stage
Cultural Aspects of Strategy Choice
The Politics of Strategy Choice
Governance Issues
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Session 8 (Chapter 7)
IMPLEMENTING STRATEGIES: MANAGEMENT AND OPERATIONS ISSUES
Quiz # 2
The Nature of Strategy Implementation
Annual Objectives
Policies
Resource Allocation
Managing Conflict
Matching Structure with Strategy
Restructuring, Reengineering, and E-Engineering
Linking Performance and Pay to Strategies
Managing Resistance to Change
Managing the Natural Environment
Creating a Strategy-Supportive Culture
Production/Operations Concerns W hen Implementing Strategies
Human Resource Concerns W hen Implementing Strategies
Session 9 (Chapter 8)
IMPLEMENTING STRATEGIES: MARKETING, FINANCE / ACCOUNTING, R&D, AND MIS ISSUES
The Nature of Strategy Implementation
Marketing Issues
Financial Accounting Issues
Research and Development (R&D) Issues
Management Information Systems (MIS) Issues
Session 10 (Chapter 9)
STRATEGY REVIEW, EVALUATION, AND CONTROL
Quiz # 3
The Nature of Strategy Evaluation
A Strategy-Evaluation Framework
The Balanced Scorecard
Published Sources of Strategy-Evaluation Information
Characteristics of an Effective Evaluation System
Contingency Planning
Auditing
21- Century Challenges in Strategic Management
Session 12 (Presentations)
Portfolio submission (Group)
Presentation: Term Project
FINAL EXAMANATION
This is the official course outline for GMAG 510 – Computer generated as such does not require a
signature.