BMBA71-204: Strategy and Foresight

Strategy and Foresight develops students’ capacity to understand and respond to complex strategic challenges in dynamic and interconnected environments. The subject brings together strategic management, systems thinking and strategic foresight to examine how organisations create and sustain value amid uncertainty, competing interests and systemic change. Students analyse organisations in the context of their broader industry, institutional and environmental systems, identifying interdependencies, feedback dynamics and cross-functional impacts that shape strategic outcomes. They apply strategic frameworks and systems approaches to diagnose complex strategic issues, use foresight techniques including scenario planning to explore multiple plausible futures, and evaluate strategic options under conditions of uncertainty. The subject emphasises the development of responsible and sustainable strategies that recognise ethical considerations, organisational and personal values, and broader social consequences. Students ultimately formulate evidence-based business-level strategies and consider how these strategies can be implemented in complex organisational environments.