Strategic Management

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Course informations

Study program level Graduate
Study program Management
Study program direction Small and medium enterprises
Course year 1.
Course semester II
Course status Core
ECTS 6
Lectures (h) 45
Excercises (h) -
Seminars (h) 15

Course objectives

  • Explain the underlying concepts of modern theory of strategic management,
  • Applying relevant examples and practices from actual enterprises to enable students to analyze their environment and assess their competitive position
  • Develop the ability to compare potential business strategies of small and medium-sized enterprises with the aim of achieving a sustainable competitive advantage
 

Course outcomes

  • Analyze the strategic planning process
  • Identify the role of strategy in achieving the goals of small and medium-sized enterprises
  • Review and analyze the impact of individual environmental elements on strategic commitment
  • Assess the competitive position of the enterprise on the given example
  • Design the mission, vision and strategic goals of an enterprise on a given example
  • Compare several possible strategies for achieving sustainable competitive advantage in the given example
 

Course content

Introduction to strategic management. Historical development of strategic management. Key strategic management objectives. Strategic management process and strategic levels. Mission, vision and strategic goals. Strategic analysis. Future prediction and scenario techniques. Competitive advantage and generic competitive strategy. Social responsibility strategy, business strategy, corporate and functional strategies - types of strategies and their features. Basic strategic orientations. Strategies of small and medium enterprises. Formulation strategy. Strategy implementation. Strategic planning and control. Strategic alliances and partnerships.
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