10 cp Prerequisites Nil Incompatible MGMT640 Strategic Management and Decision Making Teaching Organisation 3 hours per week (two hours of lectures and one hour of tutorial) for 12 weeks or equivalent in intensive mode or online.
This unit provides the conceptual frameworks and skills requires by management for effective strategic planning and decision making. Emphasis is placed on the importance of strategic planning in successfully determining the direction of an organization’s future in a continuously changing environment. Strategic management includes the formulation and implementation, as well as the process of control and review, of strategic direction. The unit takes the perspective of the corporations as well as that of the business unit, focusing on a distinctly real-world, global orientation.