MgtOp 491  Business Strategy and Policy

Course Overview
The course deals with strategy, the process of defining and achieving a firm's objectives, and the topic area of organizational design. Achieving strategic objectives requires managers to configure the firm's internal competencies and resources with its external environment and to guide the design of organizational systems and processes to support the firm's strategy.
3 credits.

Course Objectives
It is expected that at the conclusion of the course, students will be able to :

  1. Analyze an organization's current competitive position with respect to the key success factors of an industry and prepare a theoretically grounded set of strategic recommendations for enhancing competitive advantage that builds on the organization's core competencies.

  2. Develop a comprehensive plan for implementing proposed strategic recommendations that effectively aligns key strategic tasks with critical organizational components, i.e., people, the formal organization, and the informal organization.

  3. Develop a comprehensive plan for managing the process of strategic change that addresses how to clarify and redefine tasks, motivate change, manage the strategic transition, and shape the political dynamics of change.

  4. Prepare strategic recommendations that explicitly take into account ethical considerations.

Course Prerequisites
MgtOp 340, Fin 325, MgtOp 301, MIS 250, Mktg 360.




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