Strategic Issues

SML 829: Current and Emerging Issues in Strategic Management: 3 Credits (3-0-0)| Pre-requisites: SML720 |(Semester-I : 2015-16)

Course Coordinator & Faculty: DrDddDr.Manoj K. Sharma ( Module-I & II)Dr. Sushil (Module-III)

Contacts:RoomNo: 608, Vishwakarma Bhawan,Department of Management Studies (DMS), Indian Institute of Technology(IIT Delhi), DMS-IITDPh. (Off.) : +91-11-26597617, mobile: +91-9999911222email: [email protected]

Teaching Assistant: Ms Vinita Krishna , email: [email protected]

Rationale of the Course:

Todays organizations operate in a highly competitive business environment under the changing scenario of liberalization and globalization. This course SML 829 : Current and Emerging Issues in Strategic Management has a focus on the issues companies deal with as they progress and form Strategies on the real time line and futuristic time line. This course deals with Current and Emerging Issues in Strategic Management of any organisation that any functional activity can be performed in a companys home country or in a foreign country as Strategic Management is concern with Strategy/ies related to some or all of companys activities and its impact on the performance of the comapany. This course also examines the various Strategic Management Perspectives which evolves due to Current and Emerging Issues in Strategic Management which creates impact on performance of any company and how successfully a company deals with current and emerging issues arise due to their strategies on real time and in future.Current and Emerging Issues in Strategic Management is relevant for integration of business environment of any organisation in which a company operates and for all the business organizations operating in their own nation and globally. Further, in the changing business environment globally in terms of turbulence, chaos and paradoxes is leading to shift in strategy paradigms by addressing Current and Emerging Issues in Strategic Management.The basic inputs of strategy and strategic management in situations of current business scenarion will be covered in this course. There are number of standard texts that will be supplemented by advance readings and case studies both from Indian and foreign origin organizations.The course aims at providing necessary knowledge and tools to appreciate, anticipate, acquire, and use the knowledge of Current and Emerging Issues in Strategic Management which impact the performance of any company/organisation so that they devise congruent strategies for attaining a competitive edge at the national global market place. The emphasis would be to relate the practical experiences of the participants with the theories, and frameworks developed for deeper understanding of Current and Emerging Issues in Strategic Management. On completion of this course students will be able to understand the relevance and importance of performance measurement by addressing Current and Emerging Issues in Strategic Management and devising sustainable strategy in creating competitive advantage for sustaining growth in business operations pursued by companies in local and global market place.

Course Delivery Methodology: The methodology for the course delivery will be based on current frameworks of strategic management i.e. Balanced Scorecard/ SAP-LAP analysis/ Game Card and other relevant frameworks related to performance analysis and measurement of organisations. ( Ref. Annexure-I, at the end of this document) and Cases/ Readings ( Ref. Annexure; II)

The course is divided in three modules: Module I: Current and Emerging Issues in Strategic Management related to Strategic InputsStrategic Intent/ Strategic Mission: External Environment Internal EnvironmentModule II : Current and Emerging Issues in Strategic Management related to Strategic Action and Out ComesStrategy Formulation, Deployment and Outcomes Module III : Addressing Current and Emerging Issues in Strategic Management by Flexible Strategy Game Card

Objectives of Course The main objective of this course is to present the concepts, techniques and applications that will be needed to understand, anticipate, acquire, and use knowledge of Current and Emerging Issues in Strategic Management for attaining a competitive edge by a company/organisation. It will help in understanding of strategic perspectives of organization in coherence with their business environment, which has become a very crucial issue in todays competitive international business environment by addressing Current and Emerging Issues in Strategic Management. It will develop the ability of the modern-day managers to analyze and make strategic decisions leading to high corporate performance at lower cost of their business operations leading to high competitiveness of the firms in relevant market place of their business operations. The course gives an understanding of wider and deep perspective of Strategic Management by analyzing Current and Emerging Issues in Strategic Management surrounding their business operations, and is intended for students who wish to take up senior managers role in strategic management.

Lecture Schedule

SessionTopic/Readings/Case

Module 1: Current and Emerging Issues in Strategic Management related to Strategic Inputs

1

Topics: Introduction to Current and Emerging Issues in Strategic Management

The recap of the basics of Strategic Management perspective of Industry analysis

NOTES/COURSE MATERIAL/ READING/ CASE STUDY ( To be Provided by Course Coordinator)

2

Topics: Current and Emerging Issues in Strategic Management Strategic Intent and Strategic MissionCase: 1Reading: 1NOTES/COURSE MATERIAL/ READING/ CASE STUDY ( To be Provided by Course Coordinator)

3

Topics:Current and Emerging Issues in Strategic Management related to Internal EnvironmentCase: 2Reading: 2

PROF. NOTES/COURSE MATERIAL/ READING/ CASE STUDY ( To be Provided by Course Coordinator)

4

Topic:

Current and Emerging Issues in Strategic Management related to External EnvironmentCase:3Reading: 3


Module II : Current and Emerging Issues in Strategic Management related to Strategic Action and Out Comes

5

Topic: Introduction to Current and Emerging Issues in Strategic Management related to Strategic Action and outcomeCase: 4Reading: 4


6

Topic: Current and Emerging Issues in Strategic Management related to Strategic Action and outcomes (Corporate Level)Case: 5Reading: 5


7

Topic: Current and Emerging Issues in Strategic Management related to Strategic Action and outcomes (Business Level & Functional Level)

Case: 6Reading: 6


8

Topic:Current and Emerging Issues in Strategic Management related to Strategic Action and outcomes (Corporate Level)Case: 7Reading: 7


Module III : Addressing Current and Emerging Issues in Strategic Management by Game Card

9

Topic: Introduction


10

Topic: Case: 8Reading: 8PROF. NOTES/COURSE MATERIAL/ READING/ CASE STUDY ( To be Provided by Course Coordinator)

11

Topic: Case: 9Reading: 9


12

Topic: Case: 10Reading: 10Case: 11Reading: 11


REVISION/ PROBLEMS SOLVING RELATED TO THIS COURSE&

Term Project Presentation (as per mutually agreed schedule)

13Topic:


14

Contd..

REVISION/ PROBLEMS SOLVING RELATED TO THIS COURSE&

Term Project Presentation (as per mutually agreed schedule)

Grading System

Exam Marks

Minor 115Minor 215 Major30Case152 Quiz 05Term Project15Attendance05 =============Total 100=============

Course Guidelines1. There is minimum requirement of 75% attendance to be appeared in the exam. In case of less than 75% attendance, 1 grade will be lowered. And, in case of every 5% more attendance above 75% there will be 1 additional mark given. If the attendance is below 50%, the candidate will not be allowed to appear in Major Test.

2. The term project marking is divided as: Synopsis: 3 marks; Project report: 7 marks; Presentation: 5 marks. In case of late submission of synopsis, two marks will be deducted. No marks will be given to the student who is not present in group presentation. (Due dates will be assigned later)

3. The students need to give the list of groups and their respective class presentation schedule to the class representation within a 2 week of the commencement of the course. Subsequently, the list should be given to the teaching assistant of the course.

Suggested Reading List (BOOKS:TEXT/REFERENCE/JOURNALS)

Suggested Books/s: (i) Exploring Strategy Text and Cases by (Garry Johnson and Richard Whittington), (Latest available edition)(ii) Strategic Management and Business Policy: Globalization, Innovation and Sustainability by Thomas L. Wheelen and J. David Hunger( 2014 or Latest available edition)

Text Book : This course is highly diversified so relevant articles/reading material would be used

Journals: This course is highly diversified so relevant articles/reading material would be used

1

Documents

Strategic Issues