Syllabus

Course Code: MC 418    Course Name: Optional Group II (HRM & General Management) - Strategic Management

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Concept of Strategy – defining strategy, characteristics and approaches to strategic decision- making; Strategic management process; Developing a strategic vision, mission and setting objectives; Environmental appraisal – concept and components of environment; Analyzing the external (general and industry) environment; Organizational appraisal; Dynamics of internal environment, methods and techniques of organizational appraisal.
Generic Strategy Alternatives – stability, expansion, retrenchment and combination strategies; variations strategy – Internal and external alternatives, related and unrelated alternatives, horizontal and vertical alternatives; International level strategic alternatives; Strategic choice- choice process, choice techniques, managerial factors.
Strategy implementation – the challenges of change and organizational learning; Strategy and structural decisions; Behavioural issues in implementation; Operational decisions in implementation; Strategic evaluation and control – need, process and techniques.
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