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Strategy in Practice

Strategy in Practice

Code: MGT2HY203
Extent: 5 ECTS (135 h)
Timing: 1st – 4th semester
Language: English
Curriculum: Master Curriculum
Level: Advanced Professional Studies, Master level
Type: Compulsory

Starting level and linkage with other courses
No prerequisites.

Learning objectives and assessment

Grade 1

The student knows the basic concepts in strategic thinking and courses of action for implementation. S/he can participate in collecting data for the strategic planning phase, and the drafting of an implementation plan for the strategy. S/he can act accordingly in change projects in order to achieve the defined goals.

Grade 3

The student knows concepts, central tools and models for strategic thinking, planning and implementation. The student can link theoretical concepts to practice. S/he can collect data and analyze the business strategy of a company, and plan new elements in the strategy.

The student can create an implementation plan for an analysis, and based on the analysis s/he can draft an implementation plan and associated metrics.

Grade 5

The student understands different approaches to strategy and its implementation. S/he can compare different frameworks, theories and points of view.

The student has competences to choose the right tools for analyzing a particular business situation. S/he has a broad and innovative approach for evaluating an organization’s opportunities, strategic trade-offs and implementation methods. S/he has skills and knowledge to carry out organizational change.  The student can be an active member of an organization’s strategic planning process. S/he can transform strategic objectives into operational plans and objectives and define metrics for these.

Passed courses are assessed on a scale of 1 to 5. The assessment criteria are presented for grades 1 - 3 - 5.

Recognition of prior learning (RPL)
If students have acquired the required competence in previous work tasks, recreational activities or on another course, they can show the competence with a demonstration and progress faster through their studies. More information and instructions for recognising and validating prior learning (RPL) are available at MyNet.

Cooperation with the business community
Depending on the implementation for the course, guest lecturers could be invited from the business community.

International dimension
Depending on the implementation for the course, international cases and study materials will be used.

Course content
Course content consists of the following topics which are approached through various schools of thought:

  • concepts and the meaning of strategy work in organizations
  • essential analyses in strategy and use of results in defining strategy
  • implementation plans and models for putting strategy into practice
  • Balanced Scorecard in monitoring strategy
  • planning a change project

Learning methods
Depending on the implementation. Learning takes place in contact lessons, independent studies, teamwork and online-studies.  Assessment of one’s own learning on E-form.  

Assessment
Depending on the implementation. 

Responsible teachers
Gerard Danford, Pasila
Evariste Habiyakare, Pasila
Olli Laintila, Pasila