BusinessStrategy(M4CST01)/StrategicManagement Term:IV Programme:MBA2ndYear Instructors:DrAnadiPande/ProfNripendraSingh Credit:3.0(30Hours) Introduction: A Strategic Management (SM) course is a capstone course in management studies.

ent studies. SM borrows extensively from other disciplines of management such as Organization Behaviour, Industrial Organizations, Finance, Marketing, Accounting etc., yet it has its own theoretically rigorous underpinnings.Itisoneoftheyoungestsiblingsofmyriadmanagementdisciplines.Intheorybuilding, research in SM is inherently multidisciplinary; similarly in practice in a firm, it is inherently an integrative crossdisciplinary activity. This course is designed to give insight which is integrative and teaches students on how organizational strategies are formulated and implemented. It is designed to enable students to identify and understand the principles on why the firms behave the way they do rather than list the characteristics that lead to automatic success. Students need to be equipped to understand why firms succeed or fail by analyzing decisions in terms of principles of strategic action. Suchunderstandingwouldempowerthemtohavesuperiorprobabilityofsuccesswhenasexecutives theyapplytheseinthecontextofperpetuallychangingenvironmentswhichthrownewchallengesand opportunities. The course will deal with both the Content and Process of Strategic Management. It will deal with integration of Strategic Intent and Strategic Programming while helping appreciate Organization Learning perspectives. It will deal with Environmental and Resource Based View and finally with perpetuallyperplexingandcomplexissuesofStrategyImplementationthroughStructureandSystems. CourseObjectives: 1. UnderstandperspectivesonStrategicManagement 2. ContentandProcessofStrategicManagement 3. UnderstandPrinciplesandtechniquesforStrategicAnalysis 4. StrategyFormulationandImplementation 5. AppreciatenewthemesinStrategicManagement Books: TextBook 1. Miller,Alex,StrategicManagement,Pub:IrwinMcGrawHill ReferenceBook 2. Besanko,D., Dranove,D., Shanley,M., Schaefer,S., Economics of Strategy, Pub: John Wiley & Sons,Inc. 3. Barney Jay B., Gaining and Sustaining Competitive Advantage, Pub: Prentice Hall of India PrivateLimited,NewDelhi 4. Hill, Charles W.L., Jones Gareth R., Strategic Management Theory, An Integrated Approach, Pub:HoughtonMifflin 5. Porter,M.E.,CompetitiveAdvantageCreatingandSustainingSuperiorPerformance,Pub:The FreePress