Introduction
Strategic management today is a complex process requiring advanced skills. International expansion, network advantage, and resource optimisation pervade every aspect of this critical management skill. Successful managers need up-to-date guidance in the creation and implementation of effective strategy. This unit is specifically designed to meet these requirements. The design, content, concepts and supportive readings all reflect current issues in strategic management. The unit focuses on the practice and concepts of strategic management through the introduction of appropriate theoretical models and frameworks. The central issue of the unit is the achievement of competitive advantage: internal and external drivers of competitive advantage, the link between strategy formulation and implementation, and the role of leadership, corporate governance and strategic entrepreneurship in this process.
Summary
| Unit name | Strategic Management |
| Unit code | BMA799 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Management |
| Coordinator | Mr Alistair Chong |
| Delivered By | University of Tasmania and Third Party(ies): ECA |
| Level | Postgraduate |
Sustainable Development Goals
The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.
Availability
Specific information on 2027 unit availability will be available in August
Learning Outcomes
- Critically evaluate the practical application of foundational and contemporary strategic management theories, principles and processes.
- Analyse organisational strategies in a business.
- Communicate complex concepts and justify decision-making, in professional collaborative and written formats.
Fee Information
2027 fee information will be available in August.
Teaching
| Teaching Pattern | 2 hour on-campus workshops weekly Online class 1h weekly commencing in Week 1. |
|---|---|
| Assessment | Assessment Task 1: Critical Literature Review (30%)|Assessment Task 2: Environmental Scanning Presentation (30%)|Assessment Task 3: SWOT Analysis and Strategy Development Plan (40%) |
| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
|---|---|
| Recommended | Hanson, D., Backhouse, K., Leaney, D., Hitt, MA, Ireland, RD & Hoskisson, RE 2022, Strategic management: competitiveness and globalisation 7 edition, Cengage Learning, Melbourne. Barney, J & Hesterly, W 2015, Strategic management and competitive advantage, Pearson, New Jersey. De Rond, M 2006, Strategic alliances as social facts, Cambridge UP, Cambridge UK. De Wit, B & Meyer,R 2016, Strategy: process, content, context, 6th edn, Thompson, London. Freedman, L 2013, Strategy: a history, Oxford UP, Oxford. Grant, R, Butler, B, Orr, S & Murray, PA 2014, Contemporary strategic management: an Australasian perspective, Wiley, Milton, QLD. Hendry, C, Arthur, M & Jones, A 1995, Strategy through people: adaptation and learning in the small-medium enterprise, Routledge, London. Hubbard, G, Rice, J & Galvin, P, 2015, Strategic management: thinking, analysis, action, Pearson, Melbourne. |
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.