Scribd Logo
Upload

Welcome to Scribd!

  • 142 views

    Strategic Planning

    Uploaded by

    Arun Tanwar
    Strategic Planning is defined as a set of managerial decisions and actions that determines the long-term performance of a corporation. It includes strategy formulation, implementation and evaluation and control. The study of strategic management therefore emphasizes the monitoring and evaluation of environmental opportunities and constraints in light of corporation’s strengths and weaknesses. Strategic planning is an extremely important step for both short-term and long-term infrastructure projects. So for the successful execution of infrastructure projects, managers must have an understanding of all the tools and techniques of strategic planning and implementation. The potential managers of infrastructure industry must gain hands on exposure of these skills through case applications and practice exercises.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Strategic Planning

    Uploaded by

    Arun Tanwar
    142 views5 pages
    Strategic Planning is defined as a set of managerial decisions and actions that determines the long-term performance of a corporation. It includes strategy formulation, implementation and evaluation and control. The study of strategic management therefore emphasizes the monitoring and evaluation of environmental opportunities and constraints in light of corporation’s strengths and weaknesses. Strategic planning is an extremely important step for both short-term and long-term infrastructure projects. So for the successful execution of infrastructure projects, managers must have an understanding of all the tools and techniques of strategic planning and implementation. The potential managers of infrastructure industry must gain hands on exposure of these skills through case applications and practice exercises.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Strategic Planning is defined as a set of managerial decisions and actions that determines the long-term performance of a corporation. It includes strategy formulation, implementation and evaluation and control. The study of strategic management therefore emphasizes the monitoring and evaluation of environmental opportunities and constraints in light of corporation’s strengths and weaknesses. Strategic planning is an extremely important step for both short-term and long-term infrastructure projects. So for the successful execution of infrastructure projects, managers must have an understanding of all the tools and techniques of strategic planning and implementation. The potential managers of infrastructure industry must gain hands on exposure of these skills through case applications and practice exercises.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    142 views5 pages

    Strategic Planning

    Uploaded by

    Arun Tanwar
    Strategic Planning is defined as a set of managerial decisions and actions that determines the long-term performance of a corporation. It includes strategy formulation, implementation and evaluation and control. The study of strategic management therefore emphasizes the monitoring and evaluation of environmental opportunities and constraints in light of corporation’s strengths and weaknesses. Strategic planning is an extremely important step for both short-term and long-term infrastructure projects. So for the successful execution of infrastructure projects, managers must have an understanding of all the tools and techniques of strategic planning and implementation. The potential managers of infrastructure industry must gain hands on exposure of these skills through case applications and practice exercises.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5
    At a glance
    Powered by AI
    The key takeaways from the document are that the course is about strategic planning for infrastructure projects, covering concepts like environmental analysis, strategy formulation, implementation and evaluation. It aims to provide practical exposure to strategic management tools and techniques.

    The objectives of the course are to understand the strategic planning process, evaluate strategies under different environmental factors and develop an understanding of stakeholders' analysis and engagement in infrastructure planning and management.

    The course is divided into 7 modules covering topics like strategic management process, external and internal analysis, strategy formulation, implementation issues, and strategic choice and analysis.

    Course title: Strategic Planning

    No. of credits: 2
    L-T-P distribution: 28-0-0
    Course code:
    BSI 183
    Pre-requisite course code and title (if any):

    Learning hours: 28

    Department: Department of Business Sustainability


    Course coordinator (s): Dr. Sapna Narula
    Contact details: [email protected]
    Course type
    Course description

    Core

    Course instructor (s): Dr. Sapna Narula


    Course offered in: Semester 1

    Strategic Planning is defined as a set of managerial decisions and actions that determines the long-term performance of a corporation. It
    includes strategy formulation, implementation and evaluation and control. The study of strategic management therefore emphasizes the
    monitoring and evaluation of environmental opportunities and constraints in light of corporations strengths and weaknesses.
    Strategic planning is an extremely important step for both short-term and long-term infrastructure projects. So for the successful execution of
    infrastructure projects, managers must have an understanding of all the tools and techniques of strategic planning and implementation. The
    potential managers of infrastructure industry must gain hands on exposure of these skills through case applications and practice exercises.

    Course objectives
    This course is a basic strategic management course covering all aspects of strategy i.e. environmental analysis, internal analysis, strategic
    advantage analysis, strategy formulation, implementation and control. The course has been designed for MBA (Infrastructure) students
    keeping in view the increasing need for skill development in planning, management and execution of infrastructure projects. Accordingly,
    the course has been designed with special focus on infrastructure industry

    Course content
    Module

    Topic

    Strategic Management Process


    Introduction to strategic planning process: its evolution, The strategic Management Model, Applications of
    Strategic Management, Types of Strategies

    Importance of Strategic Planning for Infrastructure firms/projects


    2

    Strategy Formulation (A) : Environmental Analysis


    Defining Mission, Vision, Objectives and Policies,
    Roles and responsibilities of CEOs in defining vision
    Case 1 : Vision Mumbai

    The Business Environment: External


    PESTEL Framework
    Porters Industry Analysis
    The External factor Evaluation (EFE )Matrix and Competitive Profile Matrix

    Stakeholder analysis and Engagement


    Case 2 : Cochin International Airport: Gateway to Gods own country
    Case 3: New Delhi Water & power ,2009
    4

    The Business Environment: Internal Analysis


    Key Internal Forces
    Building Value in Infrastructure Projects : Evolution and Analysis; ecological and social efficiency and
    effectiveness
    The Internal factor Evaluation Matrix
    The Resource Based View of Organization and The Theory of Core Competencies
    Case 4: The Hyderabad Metropolitan Water Supply & Sewage Board, 2006

    Strategy Formulation (B): Strategic Options


    Financial vs Strategic Objectives ,Levels of Strategies, Types of Strategies: Integration Strategies, Intensive
    Strategies, Diversification strategies, Defensive Strategies,
    Porters Generic strategies
    Mergers & Acquisitions
    Strategic Alliances
    Turnaround strategy
    Sustainability strategies , Networks, Models for Infrastructure alliances, partnerships and collaborations,
    Public Private Partnerships
    Case 5: Indus Towers: Collaborating with Competitors on infrastructure, Gulati et al, 2010

    Strategic Analysis & Choice


    The Nature and Process of Strategic analysis and choice: A comprehensive Strategy-Formulation framework

    28

    Tools and Matrices


    Cultural Aspects of strategic Choice, The Role of Board of Directors, Strategy and Social responsibility,
    Role of values in Strategic Choice
    7

    Strategy Implementation
    Issues in Strategy Implementation: Policies, Resource allocation, managing conflict, 7S Framework
    Matching structure with strategy: restructuring and Reengineering, creating a strategy supportive culture,
    Functional and technological issues in strategy implementation
    Preparing organization for managing infrastructure projects: Culture, Structure, resources and Technologies

    Strategy Review, Evaluation and Control


    The Strategic Evaluation, Process and Framework
    Balanced Scorecard
    Strategic Audit
    Exercise : Project Presentations
    Case 6: Tata Motors in Singur: Publ;ic Purpose and Private Property ,2009
    Case 7: Taiwans High speed rail: A Public partnership hits a speed bump , 2009
    Total

    Evaluation criteria

    Case Presentations (3) (Evaluation through presentation)


    Project/ Assignments (Evaluation through presentation)
    Minor Exam(s) (Closed Book Objective Type)
    End-term Exam (Open Book Case based)

    15%
    15%
    25%
    45%

    Learning outcomes

    To familiarise the students with factors affecting the infrastructure firm and industry in long run and also with the tools and techniques
    of external as well as internal environmental analysis
    To develop their analytical as well as decision-making skills to formulate and evaluate strategy with reference to infrastructure projects
    under a given set of environmental factors
    To develop a practical understanding of strategy formulation and implementation process

    To develop an understanding of role of stakeholders analysis and engagement in infrastructure planning and management

    Pedagogical approach
    The course will have a mix of theory and applied coursework with more practical approach. The teaching shall be done mainly through
    lectures/ case discussions/case presentations/exercises etc. The entire course has been divided into seven modules. There will be 28 sessions
    (One hour each) as per the course outline. The students are also expected to work out cases based on infrastructure industry as well as
    assignments given at the end of each module which will help them develop their analytical as well as conceptual skills. The students would
    also be asked to do a field project on infrastructure projects.
    Both case study presentations as well as exercises are group assignments. Students are expected to work in the group of 4-5 for working out
    case solutions. The alternative solutions from all the groups will then be discussed in class.
    A list of reading materials shall be provided to each student. Students are also expected to come prepared before every class. The topics are
    largely based on the book on Strategic Management by Fred R. David.

    Materials
    Suggested Reading:
    The course-contents (REFERRALS) refer to the book Strategic Management: concepts and cases (10th Edition) by Fred R. David and
    students are expected to read these chapters before coming to the class . There will be some handouts on class lectures covering only the
    main points and hence it is imperative to be attentive in the class.
    The following readings shall be provided by the course instructor:
    Chapter 1 Readings: Closing the capability Gap: strategic Planning for Infrastructure Sector
    Dominguez et al, California Management Review, 2009
    Chapter 3 Reading: A Note on Porters Industry Analysis
    Chapter 4 Readings: Exploring the Concept of Fit in Strategic Management by Venkatraman and Camillus
    (Academy of Management Review, 1984)
    The Core Competence of Corporation by C.K. Prahalad & Gary Hamel, (Harvard Business Review,May-June,1990)
    Chapter 5 Reading: Towards a comprehensive Understanding of Public Private partnership for Infrastructure Development Kwak et al,
    California Management Review, 2009

    Chapter 6 Reading: A Strategy Evaluation Model for Management by Simon Hastings


    Chapter 7 & 8 Reading: A Proposed Framework for Strategy Implementation in Indian Context by Azhar Kazmi
    (Management Decision, 2008)
    Chapter 9 Reading: Strategy Focused organisations: How balanced Scorecard thrive in New Business Environment
    Kaplan & Norton, HBSP, 2001

    Additional Readings:

    Thomson & A.J. Strickland: Strategic Management :Concepts and Cases, Tata McGraw-Hill, New Delhi (2003)
    T.L. Wheelen , J. Hunger, K.Rangarajan: Concepts in Strategic Management & Business Policy, Pearson Education, Delhi- (2005)
    Gerry Johnson & K. Scholes: Exploring Corporate Strategy: Text and Cases, PHI, New Delhi (2002)
    V. Gupta, K. Gollakota, R. Srinivasan: Business Policy and Strategic Management-Concepts and Applications; Prentice-Hall of India,
    New Delhi (2005)
    Michael.E.Porter, Competitive Advantage, Free Press
    The Elegant Solution: Toyota's Formula for Mastering Innovation by Matthew E. May

    Additional information (if any)


    Student responsibilities
    Attendance, feedback, discipline, guest faculty etc.

    Course reviewers:
    1.

    Dr. Sonu Goyal, Professor, IMI

    2. Mr. P. Das Gupta, IMI

    You might also like