MGT 240

Strategic Management

TU BBA · Semester 8 · BBA curriculum effective from 2021

Requirement
required
Credits
3
Past papers
0 papers

Syllabus

What this course covers and how the teaching time is divided.

Strategic Management Syllabus

Official TU PDF

Tribhuvan University

Faculty of Management

Office of the Dean

Bachelor of Business Administration (BBA)

Course Title: Strategic Management

Course Code: MGT 240

Semester: Semester 8

Nature of Course: required

Full Marks: 100

Pass Marks: 50

Credit Hours: 3 Cr.

Curriculum: BBA curriculum effective from 2021

Course Description

:

This course contains Introduction to strategic management, environment analysis, strategy formulation, strategy implementation, and Strategic Evaluation and Control etc.

Course Objective

:

The major objective of this course is to introduce the basic concepts and application of strategyand strategic management.

Course Contents:

Lecture hours show the approximate classroom time allocated to each unit.

Unit 1. Introduction

9 hours
  • Concept and importance of strategic management
  • evolution of strategic management;elements of strategic management
  • strategic management process
  • need for strategy;levels of strategy
  • concept and features of strategic planning
  • concept of vision
  • missionand objectives
  • roles of information in strategic management.

Unit 2. Environment and Strategy Analysis

10 hours
  • Concept of environment (internal and external)
  • Techniques of external environmentanalysis: PESTLE analysis, ETOP, scenario planning, competitors analysis, Techniquesof internal analysis: value chain analysis, comparative analysis (historical comparison,industry standards, benchmarking), strategic advantage profile (SAP) and financialanalysis
  • SWOT analysis for strategies
  • environmental analysis for strategic management.

Unit 3. Strategy Formulation

12 hours
  • Strategy formulation: concept and importance
  • Generating strategic options: corporatestrategy, business strategy and functional strategy
  • Strategic alternatives at corporatelevel (stability strategy, growth strategy, retrenchment strategy, combination strategy);Strategic alternatives at business level (Porter’s competitive strategy, strategic clock- oriented market based generic strategies)
  • Strategies at functional level ( marketingstrategy, financial strategy, operation strategy, human resource management strategy andresearch anddevelopment strategy)
  • Direction for strategy development (Consolidation,market penetration, product development, market development, diversification)
  • Methodsof strategy development (Internal development method, acquisition and merger method,joint development and strategic alliances method)
  • Portfolio analysis for strategic choice(BCG matrix, GE Business Screen, Hofer’s Matrix).

Unit 4. Strategy Implementation

10 hours
  • Concept and meaning of strategy implementation
  • organizational structure and its typesfor strategy implementation (simple, functional, multidivisional, SBU, holding company,Project based, team based structure)
  • process of strategy implementation
  • strategicleadership
  • requirements for strategy implementation: structure, resources andmanagement system.

Unit 5. Strategic Evaluation and Control

7 hours
  • Concept of strategic evaluation and control
  • strategic audit
  • strategic information system;difference between strategic and operational control
  • types of strategic control andevaluation
  • guidelines for proper control and evaluation
  • roles of information in strategicevaluation and control.