course-details-portlet

SOL415 - Strategic Management

About

Examination arrangement

Examination arrangement: Home examination and Assignment
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Home examination 50/100 72 hours
Assignment 50/100

Course content

The objective of the subject is to give an overview and insight into different strategic challenges companies are facing today. The primary objective is to support systematic analysis using theories to explain strategic management practices. The subject will also give students insight into how different strategic processes depends on context.

- Theoretical perspectives on strategy
- Industry and external analysis
- Internal analysis, resource based theory and dynamic capabilities
- Technology, digital transformation and innovation
- Competitive advantage
- Generic competitive strategies
- Flexibility as a respons to risk and uncertainty
- Strategies for vertical integration, mergers and acquisitions
- Strategic alliances and inter-organizational relationships
- Implementation of strategy

Learning outcome

Knowledge
The student shall develop knowledge needed to develop strategies for different businesses and relationships. The student shall also understand factors that plays a role in strategy development as well as for strategic alliances.

Corporate strategies: Understand what strategy is, and what strategy processes implies. Understand the principles for developing strategies. Understand the internal and external analysis needed to access a company's ability to develop a strategy. Understand how digital transformation will influence corporate strategies. Understand the strategic alternatives of businesses an develop a critical reflection on different theories and practices in strategic management.

Strategic alliances: Develop an understanding for different forms of alliances and interfirm relationships. Understand how a company can organize, manage, and control alliances. Develop an understanding for how theoretical insights can improve the governance of strategic alliances. Understand the impact of technological changes, automation, digital innovations and uncertainty on an alliance ability to create value.

Skills
The student shall be able to develop a strategy, including an understanding of strategic development processes and be able to recommend strategies that enables a business to reach its goals. The student shall understand how competitive advantages are created and how value are delivered to own company and different stakeholders. The student shall be able to organize strategic alliances for creating value, and develop an understanding for when different strategies as vertical integration, mergers, acquisitions or strategic alliances creates value.

General competence
The student shall gain competence and knowledge that makes the the individual a valuable resource for the company, when developing strategies. Through theoretical and systematic analysis, the student will gain insight into strategic management, governance and control as well as adjusting strategies to risk, changes in technology and external uncertainty in general.

Learning methods and activities

Lecturers, discussions, presentations and cases

Specific conditions

Admission to a programme of study is required:
Accounting and Auditing (MRR)
Economics (MSØK/5)
Economics and Business Administration (ØAMSC)
Industrial Economics and Technology Management (MTIØT)
International Business and Marketing (860MIB)
Management of Technology (ØAMLT)

Required previous knowledge

None

Course materials

Information is given at the beginning of the term.

Credit reductions

Course code Reduction From To
SOL410 7.5 01.08.2008
TIØ4265 7.5 01.09.2017
More on the course

No

Facts

Version: A
Credits:  7.5 SP
Study level: Second degree level

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2020

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
NTNU Business School

Phone:

Examination

Examination arrangement: Home examination and Assignment

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Home examination 50/100 INSPERA
Room Building Number of candidates
Autumn ORD Assignment 50/100
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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