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This subject examines the nature of strategy and strategy processes in organisations. It explores the role that organisations play in society by exploring their impact on the people who work in them, the communities that surround them, and other stakeholders. In particular, a stakeholder value perspective of strategy formulation is considered.
Intended learning outcomes
Students who successfully complete this subject should:
- Understand the concepts and processes of strategy formulation and implementation in organisations.
- Develop an awareness of the cognitive biases that constrain effective strategic decision making.
- Recognise the important interactions between organisations and diverse stakeholders in the community.
- Understand how ethical issues impact on organising processes and people in the organisation.
- Understand relationships between corporate governance and strategy.
On successful completion of this subject students should have enhanced their skills in:
- Ethical behaviour in leadership and organisations
- Analysis and problem solving
- Capacity for intellectual curiosity, creativity and independent thought
- Communication of key ideas and theories within the discipline areas
- Capacity for effective teamwork and collaboration
- Information retrieval and application in relation to practical problems.
Last updated: 29 October 2019