Course info

MODULE RATIONALE

Business Managers/Strategists are presented with many complex choices in formulating implementing, and evaluating cross-functional decisions that enable organizations to achieve its objectives in the context of a future that is inherently uncertain. This module will enable the participants to take a strategic approach to planning to achieve a future sustainable competitive advantage in the market place.

MODULE DESCRIPTION

Corporate strategy and Decision making, module is both theoretical and practical and has research component and it runs for Four weekends (8 days) for weekend in the First semester year one as a core module. Therefore the success and performance of any organization largely depends on how well the corporate strategy is developed and implemented and coordinated a cross functions.

MODULE AIM

The aims of this module is to provide participants with the tools and the reasoning they need to understand what is going on in the corporate world and formulate cooperate decisions for competitive advantage. More specifically the module aims to prepare participants take a strategic approach in planning, implementation and evaluation to achieve a future sustainable competitive advantage.

MODULE OBJECTIVES

The traditional purpose of this module is to help participants integrate your knowledge of the functional areas of business into a holistic view of the firm and thereby determine and execute proper business level and corporate strategies. Specifically, participants should be able to:

1. Understand and apply the basic tools and concepts of strategic planning as they apply to a business and its various stakeholders
2. Develop a sensitivity and understanding of various “constituencies” of a company and how they influence and are affected by a company’s strategy.
3. Strengthen and refine business writing and presentation skills by simulating a real world business environment.
4. Exercise your ability to separate underlying business problems and issues from the symptoms
5. Develop a logical framework to approach the question “what do you think about this company as a vendor, competitor, potential acquisition or partner”.
6. Develop an appreciation and general understanding of the realities of running a complex organization in a global environment.

LEARNING OUTCOMES

At the end of the module, participants will able to;

1. Analyze an organsitaion’s current and future environment
2. Align function strategies with organization's corporate strategy.
3. Develop and implement a corporate strategic plan
4. Measure, monitor and adapt the strategic plan for continuous improvement
5. Examine the “good ethics is good business” framework in strategic formulation, choice and implementation.