10cp

Strategic Management and Decision Making

Prerequisites MGMT641 Organisational Dynamics and Change Management or MGMT602 Organisational Behaviour.

Teaching Organisation 3 hours per week for 12 weeks or equivalent.

This unit provides the conceptual frameworks and skills required by management for effective strategic planning and decision-making. Emphasis is placed on the importance of strategic planning in successfully determining the direction of an organisation's future in a continuously changing environment. Strategic management includes the formulation and implementation of, as well as the process of control and review of, strategic direction. The unit takes the perspective of the corporations (business, public, not-for-profit, and voluntary organisations) as well as from the perspective of the business unit. The unit provides a strong managerial application and use approach throughout, focussing content toward a distinctly real-world, global orientation.

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