Strategically Managing Organizations Class Meetings:Spring 2013T & ThSection 2: 9:00-10:20Section 3: 10:30-11:501800 Bus Ed Complex | Professor:Jennifer IrwinOffice: 2712 BECjenniferirwin@lsu.edu | Office Hours:1:00-2:30 pm T/Th(Other times by appointment) |
Course Objectives:
Strategic management deals with the decisions that managers make that decide the direction and success of organizations. These decisions involve the utilization of resources, design of organizational structure, and positioning the organization to create, capture, and sustain competitive advantage. Strategic management requires the ability to steer the whole organization strategically through uncertainty and change. It also requires the coordination of the interrelated functional areas of a business to effectively implement strategies.
Specific skills this course will help you develop include: * Understanding how firms gain and sustain competitive advantage within their field * Analyzing business situations and formulating strategies to address them * Organizing the firm to effectively meet strategic goals * Integrating business functions into a coherent strategy * Implementing strategy successfully
This course will introduce conceptual frameworks and analytical tools that identify the drivers of superior performance under various conditions and explore how to formulate strategy in the face of change and uncertainty. These tools allow comparison of specific examples with generalized knowledge in order to more effectively reach decisions within organizations. Emphasis in this senior-level course is given to developing action-oriented general management skills, while drawing on extant theory in strategy, accounting, economics, finance, marketing, and organizational theory. These dual emphases are managed through the use of both lecture/discussion sessions and cases.
This capstone course has two distinct components. In the first half, we study the theory