Strategic Management Syllabus
Strategic Management Syllabus
Second semester
BUSC212 STRATEGIC MANAGEMENT
UNIT I
Introduction: Strategy – Strategic Management Process – Developing a Strategic
Vision –Mission- Setting Objectives– Strategies and Tactics – Importance of
Corporate Strategy – the 7-S Framework- Corporate Goverence – Board of
Directors: Role and Functions – Board Functioning – Top Management: Role and
Skills
UNIT II
Corporate Policy and Planning in India: Importance – Characteristics – Objectives -
Policy Formulation and Development – Types of Business Policies - Implementation
of Policies.
Society and Business: Social Responsibility of Business – Corporate Governance
and Ethical Responsibility
UNIT III
Environmental Analysis: Environmental Scanning – Industry Analysis - The
Synthesis of External Factors - Internal Scanning – Value Chain Analysis – SWOT
Audit –Scenario planning- Creating an Industry Matrix.
UNIT IV
Strategy Formulation and Analysis: Strategy Formulation – Strategic Factors
Analysis Summary Matrix (SFAS) Portfolio Analysis – Business Strategy- TOWS
Matrix– Corporate Strategy – Functional Strategy – Strategic Choice – Generic,
Competitive Strategies
UNIT V
Strategy Implementation: Strategy Implementation - Corporate Culture – Matching
Organisation Structure to Strategy – Mergers and Acquisitions and Diversifications
– Strategic Leadership
Strategic Control: Measurement in Performance- Problems in Measurement of
Performance- Strategy Audit-Strategic Control Process – Du Pont’s Control Model –
Balanced Score Card – Michael Porter’s Framework for Strategic Management –
Future of Strategic Management – Strategic Information System
Reference Books
1. Dess, G., Lumpkin, G.T. and Eisner, A., Strategic Management, 3 rd Edition, Tata
McGraw-Hill, 2009.
2. Hill, C.W.L. and Jones, G.R., Strategic Management: An Integrated Approach,
9th Edition, Cengage Learning, 2012.
3. Hitt, Ireland, Hoskisson and Manikutty, Strategic Management, 9 th Edition,
Cengage Learning, 2012.
4. Kazmi, A., Strategic Management and Business Policy, 3rd Edition, Tata
McGraw-Hill Education, 2008.
5. Pearce II, J., Robinson, R.B. and Mittal, A., Strategic Management: Formulation,
Implementation and Control, 12th Edition, McGraw-Hill, 2012. 27
6. Wheelen, T.L. and Hunger, D., Strategic Management and Business Policy, 12 th
Edition, Pearson, 2010.