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GMBA70-209: Strategic Management

Description

This subject provides an introduction to the main theories and frameworks used for understanding the strategic management process of organisations. The strategic management process is defined as the full set of commitments, decisions, and actions required for a firm to achieve competitive advantage. In order to successfully engage in these activities, managers must be able to effectively analyse the external environment in which the firm competes and identify key resources and capabilities that can be leveraged to create a competitive advantage. Further, it is critical to understand fundamental business-level strategies for deploying those resources, the role of corporate-level strategies in setting the activities and boundaries of the firm and strategies for competing internationally as well as the challenges associated with implementing such strategies. Today, as expectations regarding the role of business in society continue to shift, it is also crucial that managers be aware of salient objectives that extend beyond increasingly dated notions of maximising shareholder value. This subject introduces students to these and other, related, strategy activities and provides them with the tools necessary to analyse the relevant elements of the business environment and develop effective management strategies.

Subject details

Type: Postgraduate Subject
Code: GMBA70-209
Faculty: Bond Business School
Semesters offered:
  • May - Bond-BBT MBA 2022 [Non-Standard Offering - Bond-BBT]
Credit: 5
Study areas:
  • Business, Commerce, and Entrepreneurship

Learning objectives

1. Demonstrate an understanding of the fundamental issues and challenges associated with developing an effective management strategy. 2. Demonstrate an understanding of the major strategic management theories and concepts concerning the processes of management strategy relevant to addressing those issues 3. Demonstrate skills in applying frameworks and concepts to a range of business problems such that they are able to diagnose underlying causes and develop analysis-based strategic recommendations

Enrolment requirements

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions: This subject is not available to
  • Study Abroad Students
  • This subject is not available to students on US Financial Aid.
  • Students on a Student Visa may be restricted from enrolment due to the mode of delivery in the chosen semester. Check the subject outline for further details.

Must be admitted into a BBT/MBA Program

Subject dates

  • Non-Standard Offering - Bond-BBT
    Enrolment opens: 20/03/2022
    Semester start: 01/05/2022
    Subject start: 16/05/2022
    Cancellation 1: 29/05/2022
    Cancellation 2: 01/06/2022
    Last enrolment: 27/05/2022
    Withdraw - Financial: 10/06/2022
    Withdraw - Academic: 26/06/2022
    Teaching census: 09/06/2022
Non-Standard Offering - Bond-BBT
Enrolment opens: 20/03/2022
Semester start: 01/05/2022
Subject start: 16/05/2022
Cancellation 1: 29/05/2022
Cancellation 2: 01/06/2022
Last enrolment: 27/05/2022
Withdraw - Financial: 10/06/2022
Withdraw - Academic: 26/06/2022
Teaching census: 09/06/2022