Advanced strategic management
A.A. 2019/2020
Obiettivi formativi
Strategic management is central to the operation of a variety of businesses in different sectors and environments. The creation of a strategy and the management of its implementation are important in developing businesses that can create and sustain a competitive advantage. In a competitive global environment, understanding strategic principles, tools for analysis and techniques for implementation are of great importance to managers, to assist them in enhancing firm performance. This module will provide students with an overview of issues relevant to corporate and business strategy. It aims to introduce and evaluate major concepts and techniques of strategic analysis, strategy formulation, strategic actions/choices and strategy implementation. Also, the module helps students to identify and analyze "real-world" businesses. Students will learn how to identify relevant information from publicly available data, how to assess the relationships among key variables highlighted by management theory, and how to interpret the findings to formulate a firm's strategy in a specific context.
Risultati apprendimento attesi
Having successfully completed this course, students will be able to demonstrate knowledge and understanding of the key and advanced dimensions of strategic management - Analysis, Evaluation, Choice & Implementation; diagnostic, practical and creative skills to analyse and evaluate a range of business solutions in differing business contexts; organisations' ability to implement chosen strategies and identify the areas requiring change. Moreover, students will develop skills in generating alternative solutions to complex problem areas, underpinning each with a supportive and well researched rationale in order to achieve critical success; evaluate these solutions, analysing the impact of potential outcomes on the various stakeholder groups; analyse alternative strategies for business development in differing operating contexts; assess the importance of structure, design, culture and working environment to effective strategic management; assess the contribution of strategic leadership to managing the process of strategic change.
To be able to understand and apply strategic management knowledge and tools, students will learn how to obtain, analyse and apply information from a variety of sources in the public domain; embrace new ideas and awareness of alternatives which should be evaluated; work collectively as an effective and efficient group member, including, where appropriate, organising, guiding and motivating others; plan and enact the successful completion of a personal workload; communicate both orally and in written form, using and justifying arguments within reports, presentations and debates.
To be able to understand and apply strategic management knowledge and tools, students will learn how to obtain, analyse and apply information from a variety of sources in the public domain; embrace new ideas and awareness of alternatives which should be evaluated; work collectively as an effective and efficient group member, including, where appropriate, organising, guiding and motivating others; plan and enact the successful completion of a personal workload; communicate both orally and in written form, using and justifying arguments within reports, presentations and debates.
Periodo: Secondo trimestre
Modalità di valutazione: Esame
Giudizio di valutazione: voto verbalizzato in trentesimi
Corso singolo
Questo insegnamento non può essere seguito come corso singolo. Puoi trovare gli insegnamenti disponibili consultando il catalogo corsi singoli.
Programma e organizzazione didattica
Edizione unica
Responsabile
Periodo
Secondo trimestre
Programma
Please find below a week-by-week schedule for this course module. Please note that there are sometimes unforeseen circumstances, such as staff illness and deeper coverage of some topics, that may necessitate some changes to this schedule (e.g. order and coverage of topics). To this end, the topics covered in week 9 will be kept as buffer (i.e. they may be covered or not). The lecturer will make every effort to communicate these changes to students in good time.
1.Introduction
Introduction to the module
Management practices
Definition of competitive advantage
An overview of strategic management
2.Industry analysis
Drivers of competition and industry structure
Company/Industry-level data and analysis
Individual presentations
3.Industry analysis
Student competition launch
Activities
Competitive position
Individual presentations
Industry analysis hand-on workshop
4.Resources and capabilities
Resources and capabilities
Sustaining advantage
Individual presentations
5.Corporate strategy - scope
Corporate advantage
Vertical integration
Diversification
Alliances
M&A
Individual presentations
6.Corporate strategy - scope
Mentoring session
Individual presentations
7.Digital strategy
Digital ecosystems
Volatile digital environments
Open data
Individual presentations
8.Platform economics
Mentoring session
Individual presentations
9.Strategising for sustainability
Environmental strategies
Mentoring session
10.Wrap-up
Final workshop
1.Introduction
Introduction to the module
Management practices
Definition of competitive advantage
An overview of strategic management
2.Industry analysis
Drivers of competition and industry structure
Company/Industry-level data and analysis
Individual presentations
3.Industry analysis
Student competition launch
Activities
Competitive position
Individual presentations
Industry analysis hand-on workshop
4.Resources and capabilities
Resources and capabilities
Sustaining advantage
Individual presentations
5.Corporate strategy - scope
Corporate advantage
Vertical integration
Diversification
Alliances
M&A
Individual presentations
6.Corporate strategy - scope
Mentoring session
Individual presentations
7.Digital strategy
Digital ecosystems
Volatile digital environments
Open data
Individual presentations
8.Platform economics
Mentoring session
Individual presentations
9.Strategising for sustainability
Environmental strategies
Mentoring session
10.Wrap-up
Final workshop
Prerequisiti
Prerequisites refer to core topics in the following areas: Industrial Organisation, Economics and Management of Innovation and Quantitative Methods
Metodi didattici
A number of teaching methods will be used in lectures in order to cater to a variety of learning styles and address the learning needs of the diverse student population. Please find a non-exhaustive list of the teaching/learning methods that might be employed during classes:
Face-to-face lectures
Guest speaker's talks (in class or in distance)
Exercises (exercises, database, software etc.)
Case studies
Individual assignments
Group assignments
Interactive class activities (role playing, business game, simulation, online forum, instant polls)
Class sessions will be interactive. A number of the classes will be devoted to case discussions where the task of analysing the issues in the case will be undertaken by the class as a whole or in small groups. In other classes, students are expected to contribute their ideas on the issues being discussed and examples drawn from their personal experiences and from reading the business/academic press. These classes will involve a discussion of academic articles or other in-class activities.
Face-to-face lectures
Guest speaker's talks (in class or in distance)
Exercises (exercises, database, software etc.)
Case studies
Individual assignments
Group assignments
Interactive class activities (role playing, business game, simulation, online forum, instant polls)
Class sessions will be interactive. A number of the classes will be devoted to case discussions where the task of analysing the issues in the case will be undertaken by the class as a whole or in small groups. In other classes, students are expected to contribute their ideas on the issues being discussed and examples drawn from their personal experiences and from reading the business/academic press. These classes will involve a discussion of academic articles or other in-class activities.
Materiale di riferimento
There is no core textbook that students should read in preparation for this course. Below there are two textbooks that are a good introduction to the topic of strategic management. As this is an advanced course in strategic management, the core of the preparation comes from a variety of material (cases, readings, exercises, hands-on tutorials etc.). Details on all the material (including slides for each class) can be found on Ariel. Most of them are available in the library as a printed or an electronic copy or available on Ariel or external repositories.
o Johnson G., Whittington R., Scholes K., Exploring Strategy, from 9th Edition onwards, Pearson
o Grant R., Contemporary Strategy Analysis, from 8th edition onwards, Wiley
o Johnson G., Whittington R., Scholes K., Exploring Strategy, from 9th Edition onwards, Pearson
o Grant R., Contemporary Strategy Analysis, from 8th edition onwards, Wiley
Modalità di verifica dell’apprendimento e criteri di valutazione
Assessment Details [DSE STUDENTS ONLY]
Students from the MSc programme in Data Science and Economics are expected to earn 6 ECTS credits instead of 9. Information about the assessment for attending and non-attending students is provided below:
Assessment methods - DSE attending students
DSE attending students should attend classes for a total of 40 contact hours. They are free to pick the hours they prefer but their attendance will be checked through appropriate means. Provisions for attendance are similar to the ones for non-DSE attending students. Assessment will be similar to the one for non-DSE students (please refer to section above) as per the following:
20% - Their mark on class participation will be referred to the reduced number of total contact hours (40 contact hours).
40% - They are expected to prepare and deliver fewer paper presentations (the exact number will depend on overall number of attending students)
40% - They will conduct the group work together with the students from the assigned group and participate to mentoring sessions
Assessment methods - DSE non-attending students
DSE non-attending students will be evaluated through a nal exam that covers all the material discussed in class (e.g., cases, readings, relevant theoretical framework, exercises, hand-on tutorials, etc.) expect for the material for weeks 5, 6 and 9 (see programme below). All the material (including slides for each class) can be found on Ariel. The nal exam will consist of a combination of multiple choice and short questions and will be up to 2 hours long.
Students from the MSc programme in Data Science and Economics are expected to earn 6 ECTS credits instead of 9. Information about the assessment for attending and non-attending students is provided below:
Assessment methods - DSE attending students
DSE attending students should attend classes for a total of 40 contact hours. They are free to pick the hours they prefer but their attendance will be checked through appropriate means. Provisions for attendance are similar to the ones for non-DSE attending students. Assessment will be similar to the one for non-DSE students (please refer to section above) as per the following:
20% - Their mark on class participation will be referred to the reduced number of total contact hours (40 contact hours).
40% - They are expected to prepare and deliver fewer paper presentations (the exact number will depend on overall number of attending students)
40% - They will conduct the group work together with the students from the assigned group and participate to mentoring sessions
Assessment methods - DSE non-attending students
DSE non-attending students will be evaluated through a nal exam that covers all the material discussed in class (e.g., cases, readings, relevant theoretical framework, exercises, hand-on tutorials, etc.) expect for the material for weeks 5, 6 and 9 (see programme below). All the material (including slides for each class) can be found on Ariel. The nal exam will consist of a combination of multiple choice and short questions and will be up to 2 hours long.
SECS-P/07 - ECONOMIA AZIENDALE
SECS-P/08 - ECONOMIA E GESTIONE DELLE IMPRESE
SECS-P/08 - ECONOMIA E GESTIONE DELLE IMPRESE
Lezioni: 60 ore
Docente:
Rentocchini Francesco
Turni:
-
Docente:
Rentocchini FrancescoDocente/i
Ricevimento:
Per appuntamento si prega di riservare uno slot al link sotto con almeno 24h di anticipo. Per ricevimento in remoto usare Microsoft Teams (alla prima connessione usare il codice "zbyxyzp" per entrare nel canale)
DEMM ufficio 17 / Microsoft Teams