ECONOMEC
ECONOMEC
ECONOMEC
Course information
Course description
Strategy is a complex issue that requires a structured approach to be better understood. This
course uses the generic framework of classical Strategic Management and applies it to a number
of different up-to-date issues of the Oil and Gas (O&G) global market. It introduces new models,
tools and concepts that are uniquely relevant to international companies and national O&G
industries.
The objective of the course is to provide the student with the fundamental knowledge, applied
skills necessary to develop and substantiate the strategic framework for the company that
operates in the global O&G markets. The students will:
get acquainted with historic background and modern practice of Strategic Management,
its basic notions, tools and O&G industry specific;
consider some vital issues of an O&G company strategic decision-making:
o Where we are in the company and industry life-cycle?
o What are the key success factors of O&G market?
o What are our sustainable competitive advantages, resources and competences?
o Is this the right time in the oil price cycle to invest?
practice 6 classical steps of Strategy Development procedure;
learn how to think and act differently reaching strategic goals under uncertain and
turbulent environment of global O&G market.
Teaching and Work Forms: 2 lectures or 1 lecture + 1 workshop every week. Workshops will
be devoted to the individual or group presentation of the student’s independent researches.
1
NEW ECONOMIC SCHOOL
Masters in Energy Economics
Grading policy: the Grade will come via following criteria:
Attendance
Group and individual presentations and analytical notes
Economic models developed in Excel
2
NEW ECONOMIC SCHOOL
Masters in Energy Economics
Course materials
Required textbooks and materials
There will be no base textbook. The course will be predominantly based on papers,
presentations, data tables, provided before and during the course. Basic sources of information
on international oil and gas markets are the following:
Additional materials
1. Thomson А.А., Srickland А.J., Strategic management: concepts and cases, 12-ed, 2013.
2. W. Chan Kim and Renée Mauborgne, Blue Ocean Strategy, 2005 г.
3. Jim C. Collins, Good to Great: Why Some Companies Make the Leap... and Others Don't,
2015 г.
4. Phil Rosenzweig, The Halo Effect, 2008.
5. Alex Osterwalder, Yves Pigneur, Alan Smith, Business Model Generation, 2010.
6. Malanichev A, Contemplation of global steel industry future using scenario approach
// Mineral Economics, 2015, Feb 2015.
7. BCG, Your strategy needs a strategy.
8. 14 пунктов программы Деминга для менеджмента.
9. Маланичев А.Г. Исследование потенциала повышения цены товара на основе
анализа его конкурентоспособности // Маркетинг в России и за рубежом, 2007,
№1 (57), стр.76-81.
10. Henry Mintzberg, Structure in Fives: Designing Effective Organizations, 2011.
11. Besanko D., Dranove D., Shanley M., Schaefer S. - Economics of Strategy, 4ed(2007).
12. Петров А.Н. Стратегический менеджмент, 2014.
13. Пригожин А.И., Цели и ценности. Новые методы работы с будущем, 2010.
14. Tom Jackson, Hoshin Kanri for the Lean Enterprise, 2008.
15. Richard Rumelt, Good Strategy/Bad Strategy | The Difference and Why It Matters,
2014.
16. Malanichev A.G., The analysis of rationality of Saudi Arabia’s decisions on oil
production volumes during period of low oil prices // Microeconomics – 2016. – #6. –
p. 33-38.