Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

Students will learn to

- understand the core elements of strategy formulation, such as analysis of the external environment, alternative creation, alternative evaluation, and choice
- understand how process-related choices influence the quality of strategy formulation and execution and apply this knowledge to make informed choices
- understand how psychological dynamics influence strategy formulation and execution and consider and reflect how they can improve the such psychological dynamics
- understand how structural factors influence strategy formulation and execution and make informed choices regarding structure
- understand how artificial intelligence and data-analytics might influence strategy formulation and execution and develop preliminary ideas of how they could be applied in practice

- apply their understanding in the planning of a case company strategy process

- use PowerPoint for presenting ideas concisely

In addition, students will learn to critically evaluate academic articles on management, develop their own ideas, and present them in a clear way

Credits: 6

Schedule: 05.03.2021 - 09.04.2021

Teacher in charge (valid 01.08.2020-31.07.2022): Timo Vuori

Teacher in charge (applies in this implementation): Timo Vuori

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    Must know:
    - behavioral theory of the firm: how bounded rationality, organizational communication channels, and organizational structures and routines influence how strategy gets formulated and implemented
    - attention based view of the firm: how attention-related dynamics influence strategy formulation and implementation
    - basics in data-analytics and artificial intelligence and how they might be applied in organizations
    - basics in understanding how emotions shape attention and behavior in organizations

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    100% assignments

Workload
  • Valid 01.08.2020-31.07.2022:

    Contact teaching 25 h
    Independent and group work 135 h
    Total 160h (ECTS)

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    Articles described in the syllabus
    Other learning materials

     

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    TU-91.2047 Strategy & Organizations (5 cr)
    TU-91.2024 Developing Global Leadership Talent (5 cr)

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Basic courses in strategic management