The lecture on Strategic Management explains the concept and importance of strategic management, including its frameworks, levels, and processes. It covers the significance of strategic intent, industry life cycles, competitive analysis, and the challenges involved in strategic implementation.
Topics Covered
Introduction to Strategic Management
Strategic Intent: Purpose and Significance
Levels of Strategic Intent: Mission, Vision, and Values
Module 1: Strategic Options and Deliverables
Module 3: Industry Life Cycle Analysis
Module 5: Value Chain and System Analysis
Evaluating Business and Organisational Life Cycles
Frameworks Explaining Organisational Culture
Strategic Environmental Analysis
Competitive Analysis: Porter’s Frameworks
Strategic Implementation Challenges
Concluding Insights: Strategic Management in Practice
References
Durand, R., Grant, R.M. and Madsen, T.L. (2017) 'The expanding domain of strategic management research and the quest for integration'. Strategic Management Journal, 38(1), pp. 4–16.
Montgomery, C.A. (2008) 'Putting leadership back into strategy'. Harvard Business Review, November, pp. 54–60.
Collins, J.C. and Porras, J.I. (2005) 'Built to Last: Successful Habits of Visionary Companies'. New York: HarperCollins.
Porter, M.E. (1980) Competitive Strategy. New York: Free Press.
Durand, R., Grant, R., and Madsen, T.L. (2017) 'Evolution of strategy', Strategic Management Journal, 38(3), pp. 1-17.
McGahan, A. (2004) 'Disruption and industry trajectories', Strategic Management Journal, 25(8), pp. 229-248.
Porter, M.E. (1980). Competitive Strategy, New York: Free Press.
Porter, M.E. (1985) Competitive Advantage. New York: The Free Press.
Goold, M. and Campbell, A. (2000) 'Strategies for achieving synergy,' Harvard Business Review, 78(4), pp. 20-30.
McGahan, A.M. (2004). 'Understanding industry evolution', Strategic Management Journal, 25(8), pp. 837-857.
Lester, J.A. et al. (2003). 'The organisational lifecycle model', Journal of Business Research, 56(9), pp. 709–715.