The course will be held in distance learning mode. The grading criteria will remain the same as in the pysical scenario (see above).

Building on the content of the course Strategic Management and Strategic Leadership 1 (SM&SL 1) the Strategic Management track of the Strategic Managmenent and Strategic Leadership 2 (SM&SL 2) course briefly introduces the advanced tools for strategic management as well as organizational leadership. The focus of the course lies on strategy formulation and leadership psychology. Regarding the strategic management part of the course the key areas are business as well as corporate strategy. 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. Regarding the leadership part the course focuses leading for change and innovation as well as strategic leadership in organizations.

Before starting the course students will be expected to have the basic knowledge from all chapters covered in the course SM&SL 1. Therefore, all students will be given a pre-class take-home case application. In this take-home case application students will answer questions drawn from the course content of SM&SL 1. These questions have to be answered via a video presentation (such as a case cast) including slides.

Students who did not take the SM&SL 1 courses (and who applied directly to SM&SL 2), will be provided with the relevant material by an email a few weeks before the beginning of the course, with a study guide/slides from SM&SL 1.

Students who have passed this course successfully are able to:

• explain the nature and purpose of strategic management 
• describe the two generic business strategies and understand their differences
• discuss potential implications of diversification and vertical integration on firm performance
• explain the main differences between acquisitions and alliances
• identify drivers that shape global strategies 
• name and describe forces which influence firms' ability to compete in a global market
• explain the most important factors of successful strategy implementation
• understand the psychological process involved in making major changes
• understand how to develop an appealing vision for the organization
• understand how top executives can influence organizational processes and performance

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. 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 organize your classes in a way that no time conflicts arise.

The course will be held in distance learning mode. The grading criteria will remain the same as in the pysical scenario (see above).

The Strategic Management track of the Strategic Managmenent and Strategic Leadership 2 (SM&SL 2) involves different teaching methods including in-class discussions, case studies, reading assignments, group assignments and oral presentations (also in case of the distance learning scenario). The content and structure of the course covers the most important aspects of modern international strategic management and is closely tied to the following two books (see below for details):

- "Strategic Management" by Frank T. Rothaermel

- “Leadership in Organizations” by Gary Yukl and William L. Gardner

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

Although not mandatory, completion of

- Strategic Management and Strategic Leadership 1 (SM&SL 1), or

- International Strategic Management 1

is highly recommended prior to attending the Strategic Management track of International Strategic Management 2.

sebastian.priestersberger@wu.ac.at

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

Since this course is held in a blocked format, attendance in all four sessions is mandatory (in both szenarios, physical and online). You are only allowed to miss half of a session.