This unit examines the major theories and practices in the discipline of strategy. Using a team based approach, contemporary strategic issues are examined using the perspectives of the most appropriate frameworks and concepts, and problem solving techniques. Students will learn strategic leadership capabilities and practices for the formulation and implementation of strategy within dynamic environments and that lead to sustainable competitive advantage.
An understanding of tools for strategic management and the appropriate application of those tools in a business context is an expectation of MBA graduates and their potential employers. This capstone topic aims to provide students with the knowledge and skills to assess and select relevant strategic frameworks and apply them to the analysis of industry structures and the positioning of firms within industries or sectors. In addition students will apply the knowledge gained throughout their course to identify and explain how internal resources in each functional area of a business can be aligned with the current and future external environments via effective strategy. Students will develop an understanding of the relationship between strategy formulation and implementation and the role of leadership in achieving strategic change within an organisation and an industry (or sector).