Measuring Strategic Performance in an Era of Constant Change
LMC602
Overview
To enrol in this unit, you must be accepted into a course from the provider.
Read before you start
Level of study: What does Postgraduate mean?
Postgraduate
EFTSL: What does EFTSL mean?
0.125
Delivery Method: What does delivery method mean?
Fully Online
Prerequisites: What are the prerequisites?
Duration:
13 weeks
Government loans available:
FEE-HELP FEE-HELP
Domestic student fee:
$2,000.00 (AUD)
International student fee:
$2,225.00 (AUD)
Description
LMC602 Measuring Strategic Performance in an Era of Constant Change is designed for business and enterprise managers to actively engage with strategic performance measurement concepts, principles and techniques in ways that will enable them to collaborate with measurement specialists in their future management activities. This unit investigates the nature and importance of strategic performance measurement in an environment subject to constant change. There is a focus on strategic performance measurement concepts and techniques and you explore and apply a variety of strategic performance measurement tools including using the Balanced Scorecard. Additionally the unit explores the challenges faced in both measuring and managing strategic performance.
Please note: Assessment values are indicative only; details will be advised at the start of the unit.
Enrolment Restriction
In order to enrol in this unit, you must be accepted into one of the following courses:
If you wish to seek approval to enrol in this unit without being accepted in a course, please contact OUA regarding the process.
Prerequisites
It is expected that students will have managerial experience in the business world. Students may find it helpful to have completed LMC501 before commencing this unit, however this is not mandatory
Learning Outcomes
At the completion of this unit students will be able to:
- appreciate the importance of measurement qualities in relation to strategic performance including accuracy, relevance, validity and reliability
- distinguish clearly between the measurement of operating and strategic performance, and internal and external strategic performance measurement
- evaluate measurement issues involved in different business strategies at both a structural and practical level, with flexibility and confidence.
- design and develop performance measures using balanced scorecard, strategy maps, triple bottom line, activity based costing and management, target costing and life cycle costing in ways that are useful in an era of constant change
- apply relevant processes to evaluate opportunities in relation to strategic performance in times of uncertainty and complexity.
Topics
This unit addresses the following topics.
| Number | Topic |
|---|---|
| 1 | Performance Management, Globalisation and Competetive Strategy |
| 2 | Measuring Strategic Performance |
| 3 | Management Theory and the Integration of Strategy, Measurement and Change |
Study Resources
This unit is delivered using the following methods and materials:
Print based materials
- Welcome Letter
Online materials
- Printable format materials
Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the Unibooks website and enter the unit details to search for available textbooks.
Relevant Courses
This unit is a core requirement in the following courses:
This unit is an approved elective in the following courses:
- Graduate Diploma of Commerce, Swinburne University of Tnlgy
- Master of Commerce, Swinburne University of Tnlgy
This unit may be eligible for credit towards other courses:
- Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
- In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Unibooks textbook list.
