MGX5010

Mapping the business landscape ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Associate Professor Vivek Chaudhri

Offered:
Caulfield Second semester 2006 (Evening)

Synopsis: Firms are no longer able to sustain competitive advantage on the basis of manufacturing and resource processing capabilities but are moving towards a global knowledge economy. While standard strategy constructs still form important foundations for effective managerial decision making, recourse to contemporary lines of reasoning and analytical methods are likely to deliver better outcomes. This unit ties together the general discussions around strategy in a turbulent environment by coupling some of the observations that come from adopting a game-theoretic perspective in reasoning with the analytical methods and modelling techniques from complexitity theory and agent-based simulations.

Assessment: Individual Assignment (3000 words) 30%, Group Assignment (1000 words and presentation) 30%, Individual Case Analysis (4000 words) 40% In order to pass this unit, students must attain an aggregate of 50% in the individual component of their assessment, that is, they must achieve an overall pass for their two individual papers (Individual assignment and individual case analysis, 70%).

Contact Hours: Three hours class contact

Prerequisites: MGX9600 - Managing people and organisations, MGX9761 - Strategic management, MGX9720 - Managing change, MGX9970 - Organisational and business dynamics