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Strategic Management
Postgraduate | TAS-JNB739 | 2024
Previously TAS-JNB519
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Start dates
- 26 Feb 2024
FEE-HELP available
Strategic Management
About this subject
Upon successful completion of this subject, students should be able to:
- Discuss the nature and dynamics of the strategy formulation, implementation and evaluation processes in networked industries.
- Identify and develop key statements that encapsulate the organisation’s strategic purpose and performance.
- Evaluate and recommend improvements to the strategic response planned by an organisation operating in a networked industry.
- The strategic management process (a systems perspective)
- Strategic direction and leadership (mission, vision and core values)
- Strategic analysis of internal resources and the value chain creation system
- Strategic analysis of environmental influences and the value chain creation system
- Corporate goals and objectives
- Strategy analysis and choice (the corporate level system)
- Strategy implementation planning: management issues
- Strategy implementation planning: functional level issues
- Strategic control: conclusion
This subject introduces you to the theory and practice of strategic management, focusing on strategic thinking and decision making. Throughout your study you will be asked to place yourself in the position of a strategic manager and to use your creativity and ingenuity in mapping out strategies that will help your organisation maintain a competitive edge. To assist you meet this challenge, we will discuss in detail the various stages that make up the strategic management process. We will use a number of examples from the Transport and Logistics Industry to show how the process works in practice (we will also use examples from different industries). Use what you learn about the process as a guide, but always remember that mechanically following a process or technique, however well tried and tested, is no substitute for creative thinking!
As postgraduate students, you will be expected and encouraged to be creative and conceptual in applying strategic management theory. The key lies in how well you, as a strategic manager, can make opportunities out of threats (challenges) and devise ingenious ways of making them work.
Students should draw upon all the relevant knowledge and skills gained from previous subjects. The work from Management isuseful: The topics of Leadership, Communication, the External Environment, Managing Change, Organisational Culture, Organisational Structure Design and Evaluation. Topics covered in Finance for Decision-Making relevant to this subject. For example, budgeting, ratio analysis and interpretation of financial statements is particularly useful to strategic managers.
- Facilitated Online Discussion (20%)
- Strategic Analysis and Plan (40%)
- Strategic Analysis, Implementation and Control (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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- 19
Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-BAM-MAS-2024 - Master of Business Administration in Maritime Management
Elective
- TAS-MLO-GCE-2024 - Graduate Certificate in Maritime Management
- TAS-GLS-GDI-2024 - Graduate Diploma of Global Logistics and Supply Chain Management
- TAS-GSM-MAS-2024 - Master of Global Logistics and Supply Chain Management
- TAS-MMG-GDI-2024 - Graduate Diploma of Maritime Management
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
PostgraduateTAS-BAM-MAS
PostgraduateTAS-MLO-GCE
PostgraduateTAS-GLS-GDI
Graduate Diploma of Global Logistics and Supply Chain Management
PostgraduateTAS-GSM-MAS
PostgraduateTAS-MMG-GDI