Syllabus

Title
4663 International Strategic Management I
Instructors
Patrick Schwarzl, M.Sc.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/20/18 to 02/27/18
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Monday 03/12/18 04:00 PM - 09:00 PM D5.1.002
Monday 03/19/18 04:00 PM - 09:00 PM D5.1.003
Monday 04/09/18 04:00 PM - 09:00 PM EA.5.030
Monday 04/16/18 04:00 PM - 09:00 PM D5.1.002
Tuesday 04/24/18 03:00 PM - 05:00 PM TC.0.03 WIENER STÄDTISCHE
Contents

International Strategic Management 1 introduces the basics of strategic management. Students will get an understanding of why a solid strategy is essential to survive in today’s fast-paced business environment. Building on a solid understanding of the key issues of strategic management the course further explores tools and concepts of external and internal strategic analysis.

 

Learning outcomes

Students who have passed this course successfully are able to:

  • explain the nature and purpose of strategic management
  • assess competitive forces that influence industry and firm profitability
  • identify key strategic groups 
  • conduct a thorough analysis of external factors that influence firm performance 
  • analyze the resources, capabilities and value chain activities of any given company 
  • assess whether a company possesses a competitive advantage or disadvantage
     

Apart from these skills, students further develop their social skill-set through demanding group assignments. By the end of the course, students are able to systematically solve in-depth case studies and provide solutions to strategic problems and assess their impact on firm Performance.

Teaching/learning method(s)

The course International Strategic Management 1 involves different teaching methods including in-class discussions, case studies, reading assignments, group assignments and oral presentations. The content and structure of the course is closely tied to the book “Strategic Management” by Frank T. Rothaermel and covers the most important aspects of modern international strategic Management.

Assessment

Individual in-class participation 5%

Mini quizzes 5%

Group assignments 40%

Final exam 50%

Prerequisites for participation and waiting lists

For participants of the Cross-Functional Management Program and WU-incomings only

For questions concerning enrolment and waiting lists please contact the Coordinator of the Cross-Functional Management Programme at cfm@wu.ac.at

All students must attend the first class!

Attendance in all four block-sessions is required! You are only allowed to miss one half of a session. Unexcused absence results in failing the class. The last two hour session in the schedule constitutes the final exam. If you know that you will have conflicts with other classes, please register for another one of the three remaining International Strategic Management classes.

Readings
1 Author: Frank T. Rothaermel
Title:

Strategic Management: Concepts and Cases


Publisher: Mcgraw-Hill Higher Education (2012)
Edition: 2012
Remarks: MHID: 0071317910; ISBN: 978-0-07-131791-7
Year: 2012
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
Recommended previous knowledge and skills
No prior knowledge in the field of strategic management is required!
Availability of lecturer(s)

patrick.schwarzl@wu.ac.at

If you have any questions concerning this course content please feel free to contact me.  

Other
Since this course is held in a blocked format, attendance in all four sessions is mandatory. You are only allowed to miss half of a session.
Unit details
Unit Date Contents
1

Chapter 1: What Is Strategy and Why Is It Important?

Chapter 2: The Strategic Management Process


2

Quiz #1

Chapter 3: External Analysis: Industry Structure, Competitive Forces, and Strategic Groups

Chapter 4: Internal Anaylsis: Resources, Capabilities, and Activities


3

Quiz#2

Case Presentation #1

Chapter 5: Competitive Advantage and Firm Performance

4

Case Presentation #2

Wrap-up and exam preparation

5 Final exam
Last edited: 2017-12-12



Back