Building on the content of ISM 1, International Strategic Management 2 briefly introduces the basics of strategic management and strategic analysis. The focus of the course, however, lies on strategy formulation. In this regard the key areas of business as well as corporate strategy are covered. The course further explores the tools and concepts of diversification, vertical integration, acquisitions, alliances and global strategy. Eventually, the important area of strategy implementation is discussed.
Students who have passed this course successfully are able to:
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.
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. Please inform the instructor about any absence prior to the 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 two remaining International Strategic Management classes.
The course International Strategic Management 2 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.
Individual in-class participation 5%
Mini-quizzes 5%
Group assignments 40%
Final exam 50%
| Excellent (1) | 90% - 100% |
| Good (2) | 80% - 89% |
| Satisfactory (3) | 70% - 79% |
| Sufficient (4) | 60% - 69% |
| Fail (5) | <60% |
For participants of the Cross-Functional Management Program, WU incoming exchange students and BBE-students (free elective).
If you have questions concerning enrolment and waiting lists, please contact the CFM-Coordinator at cfm@wu.ac.at. When organizing the waiting list, CFM students with greater academic progress (“Studienfortschritt”) will be prioritized.
Although not mandatory, completion of International Strategic Management 1 is highly recommended prior to attending International Strategic Management 2.
All students must attend the first class!
Although not mandatory, completion of International Strategic Management 1 is highly recommended prior to attending International Strategic Management 2.
ann-kathrin.herfeld@wu.ac.at
If you have any questions concerning this course content please feel free to contact me.
| Unit | Date | Contents |
|---|---|---|
| 1 | Introduction Review of ISM1: Basics of Strategic Management & Strategy Analysis Chapter 6: Business Strategy: Differentiation, Cost Leadership and Intergration |
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| 2 | Quiz on Chapter 1-6 Chapter 8: Corporate Strategy: Vertical Integration and Diversification Chapter 9: Corporate Strategy: Acquisitions, Alliances, and Networks |
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| 3 | Quiz on Chapter 8, 9 Case Presentation Chapter 10: Global Strategy: Competing Around the World |
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| 4 | Case Presentation Strategy Implementation Review for the Exam |
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| 5 | Exam |
