INDIAN INSTITUTE OF MANAGEMENT KOZHIKODE

Fellow Programme in Management

Course Outline

Course Code and Course Title Evolution of Strategic Management

Course type Compulsory
Pre-requisites (if any) None
Course Credit 3
Total No. of Sessions 10
Session Duration 3 hours
Term V
Year and Batch 2018-2019
Sections (if any) All students

Instructor(s) Prof. Anubha Shekhar Sinha

Contact Details anubhashekhar@iimk.ac.in
Office Faculty Block 1, Room No. 11
Consultation Hours Appointment by email

Introduction: This course traces the origins of Strategy from its Economic and Sociological
roots and thereby builds a case for evolution of Strategic Management. We employ methods
of in-depth discussions of several classics from multiple fields and arrive at the need to have
a separate field of Strategic Management to address important questions, which do not get
adequate space and treatment in their root literature. Then we progress to define strategy and
discuss with the participants of its eclectic nature. The course is so designed to help
participants understand the nature and content of Strategic Management – one that lends itself
to diverse epistemological traditions and thereby employs disparate research methodologies
to address research questions emerging from such traditions.

Learning Outcomes/Course Objectives: The purpose of this course is to introduce

participants to literature that led to the creation of the field of strategy or strategic
management.

Textbooks and Learning Materials

Text Book(s): As Per Session Plan

Reference Book(s): As Per Session Plan

Additional Reading(s): As Per Session Plan

Technology and Software (if any): NVivo or Atlas-Ti

Other Resources (Journals, Internet Websites) (if any)

Evaluation Components/Assessment of Student Learning

Evaluation Component Percentage Description

/Assessment Tool
Class Participation 25% Every Student is required to present an
assigned paper as a Lead Discussant.
Assignments 25% Then, all students are expected to delve
deeper into those thoughts, ideas and
methodologies discussed to bring out
insights that are characteristic of an
intellectual process of discussions,
argumentation and reflections
End-term Exam No
Project/ Term Paper 50% A term paper that shall be discussed in
class and worked upon by a
student/student group

Session Plan

Session Module Topic Chapter No. / Reading

material / Cases
1-2 Classics in Introduction to Epistemology 1. Taylor, F. W. (1916).
Management of Management and The Principles of
and Organization Sociology Scientific Management.
Organizational In J. M. Shafritz, & J. S.
Literature
Sociology Ott, (1987) Classics of
Organization Theory.
(Eds.). Illinois: The
Dorsey press.

2. Fayol, H. (1949).
General Principles of
Management. In J. M.
Shafritz, & J. S. Ott,
(1987) Classics of
Organization Theory.
(Eds.). Illinois: The
Dorsey press.

3. Weber, M. (1946).
Bureaucracy. In J. M.
Shafritz, & J. S. Ott,
(1987) Classics of
Organization Theory.
(Eds.). Illinois: The
Dorsey press.
4. Barnard, C. (1938). The
Functions of the
Executive. Cambridge,
Mass.: Harvard
University Press.

5. Thompson, J. D.
(2003(1967)).
Organization in Action:
Social Science Bases of
Administrative Theory.
NJ: Transaction
Publishers

6. Cyert, R. M., & March,

J. G. (1963).
ABehavioral Theory of
the Firm. NJ: Prentice
Hall/ Pearson Edu.

7. Selznick, P. (1957).
Leadership in
Administration: A
Sociological
Interpretation.
NewYork: Harper &
Row.

8. Durkheim Emile
(1893) Division of
Labor in Society &
(1895) Rules of
Sociological Method
3-4 Classics in Introduction to Epistemology 1. Hayek, Fredrich A.
Economics of Economics Literature that von. (1944). Road
Literature are foundational to Strategy to Serfdom.
University of
Chicago Press:
Chicago, IL

2. Schumpeter, Joseph
A (1945).
Capitalism,
Socialism and
Democracy. Harper
& Row:New York

3. Penrose, E. E.
(1959). The Theory
of the Growth of
the Firm.
NewYork: John
Wiley and Sons.

4. Coase, R. H.
(1937). The Nature
of the Firm. In O.
E. Williamson,
(1990) Industrial
Organizations.
Cheltenham, UK:
Elgar Critical
Writings Reader.

5. Alchian AA, &

Demsetz H. 1972.
"Production,
Information Costs,
and Economic
Organization". The
American
Economic Review
(American
Economic
Association) 62
(5): 777–795

6. Williamson, O. E.
(1973). Markets
and Hierarchies:
Some Elementary
Considerations.
American
 Economic
Association , Vol
63. No. 2 pp. 316-
325

5-6 Classics in Early Emergence of Seminal 1. Andrews, K. R.

Strategic Works in Strategy Literature (1971). The
Management Concept of
Corporate
Strategy.
Homewood, IL:
Dow-Jones Irwin.

2. Ansoff, H. I.
(1965). Corporate
Strategy. New
York: McGraw
Hill.
 3. Miles, R. E., &
Snow, J. G.
(1978).
Organization and
Strategy, Structure
and Process. New
York: McGraw
Hil.

4. Chandler, A. D.
(1962). Strategy
and Structure.
Cambridge, MA:
MIT Press.

5. Ghemawat, P.
(1991).
Commitment- The
Dynamic of
Strategy. New
York: Free Press.

6. Rumelt, R. P.
(1974). Strategy,
Structure and
Economic
Performance.
Cambridge, MA:
Harvard University
Press.

7-8 What is Debates, Positions and Schools of 1. Mintzberg, H.

Strategy? Thoughts on - What is Strategy? (1990). The
Design School:
Reconsidering the
basic premises of
strategic
management.
Strategic
Management
Journal, 11: 171-
195.
2. Ansoff, Igor.
(1991). Critique of
Henry Mintzberg's
The Design
School:
Reconsidering the
basic premises of
 strategic
management.
Strategic
Management
Journal, 12, 449-
461.
3. Mintzberg, H.
(1991). Learning 1,
Planning 0.
Strategic
Management
Journal, 12: 463-
466.
4. Mintzberg, H.
(1987). The
Strategy Concept I:
Five Ps for
Strategy.
California
Management
Review, 30 (1) pp
11-24.
5. Chaffee, E. (1985).
Three Models of
Strategy. Academy
of Management
Review, 10 (1),
89-98.
6. Porter, M. E.
(1996). What is
Strategy? Harvard
Business Review,
74(6), 61-78.
7. Prahlad, C. K., &
Hamel, G. (1993).
Strategy as Stretch
and Leverage.
Harvard Business
Review, 71(2), 75-
82.
8. Jacobson, R.
(1992). The
Austrian School of
Strategy. Academy
of Management
Review, 17(4),
782-807.
9. Eisenhardt, K. M.
(1999). Strategy as
Strategic Decision
Makingq. Sloan
Management
Review, 40(3), 65-
72.
10. MacCrimmon, K.
R. (1993). Does
Firm Strategy
Exist? Strategic
Management
Journal, 14(1),
113-130.
11. Nag, Rajiv, Donald
C. Hambrick and
Ming-Jer Chen.
(2007). what is
Strategic
Management,
Really? Empirical
Induction of a
Consensus
Definition of the
Field. Strategic
Management
Journal, 28:935-
955.
12. Rumelt, R.P.,
Schendel, D.E.,
Teece, D.J. 1994.
Fundamental
Issues in Strategy.
NY: HBS Press

13. Steingraber (1995).

Twenty years of
strategy theory and
practice: What
have we learned?
in P. Shrivastava ,
A. Huff and J.
Dutton (eds),
Advances in
Strategic
Management, Vol.
11A , Greenwich,
CT: JAI Press , 47-
53
14. Raphel, A., &
Shoemaker, P.
(1993). Strategic
Assets and
Organizational
Rent. Strategic
Management
Journal, Vol14
No.1 pp 33-46.
15. Hamel, G., &
Prahalad, C. K.
(1989). Strategic
 Intent. HBR, May-
June pp 63-76.
16. Grant, J. H., &
King, W. R.
(1979). Strategy
Formulation:
Analytical and
Normative Models.
SH, 104-122.

9 Non-Market 1. Baron, D. P.
Strategy (1995). Integrated
Strategy: Market
and non- market
components.
California
Management
Review, 37(2): 73-
85.
2. Baron, D. P.
(1995). The Non-
Market Strategy
System. Sloan
Management
Review, 37(1): 73-
85.
3. Bonardi, J. P., &
Kiem, G. D.
(2005). Corporate
Political Strategy
for Widely Salient
Issues. Academy
of Management
Review, 30(3):
555-576.
10 Strategy on 1. Baldridge, D. C.,
Practical Floyd, S. W., &
Relevance and Markozy, L.
on Effect of (2004). Are
Theory on Managers from
Real World Mars and
Academicians
from Venus:
Towards an
understanding of
relationship
between academic
quality and
practical relevance.
Strategic
Management
Journal, 25: 1063-
1074.
2. Ghoshal, S.
(2005). Bad
Management
Theories are
Destroying Good
Management
Practices.
Academy of
Management
Learning and
Education, Vol. 4,
No.1, 75-91.
3. Ghoshal, S., &
Moran, P. (1996).
Bad for Practice: A
Critique of the
Transaction Cost
Theory. Academy
of Management
Learning and
Education, Vol. 21
No.1 pp 13-47.

End Term Examination

Student Presentations

Additional Instructions (if any)

TBD