Monash University Handbook 2011 Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

Identification and evaluation of the firm's competitive position, its markets, government policies, social issues, emerging trends and key factors which are critical for success in its environment. The crafting of an appropriate strategy supported by structure, controls and rewards.

Objectives

The learning goals associated with this unit are to:

1. understand the dynamic nature of business and the strategic management processes employed by businesses to gain sustainable competitive advantage
2. develop analytical skills to plan the future of an organisation in its competitive environment from the viewpoint of the Chief Executive
3. identify the necessary skills for developing and implementing strategies that will enable the organisation to achieve competitive advantage and sustainability
4. critically analyse the strategic management theories and practices to apply to organisational realities
5. develop management skills and knowledge to examine strategic management challenges from strategy, change and learning perspective.

Assessment

Within semester assessment: 100%

Chief examiner(s)

Dr Quamrul Alam

Contact hours

3 hours per week

Prerequisites

Students must be enrolled in one of the following courses: 0105, 0319, 2099, 2778, 1065, 3801, 1506, 2643, 2642, 0200, 0201, 0028 or 1822 and must have passed MGX9600 or seek Chief Examiner's approval before undertaking this unit.

Prohibitions

MGG9371