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

The course prepares student for thinking about strategic choices and development in construction industry both at the company and business unit levels.

  • Identify main content and schools of strategic management
  • Understand the role of strategic management for business performance
  • Describe different strategic options related to production, finance, and resource management in construction
  • Be able to formulate business model and business plan for business unit in construction
  • Be able to analyze firms and their internal and external conditions for competition in construction business
  • Justify, report and present strategic proposals

Credits: 5

Schedule: 25.04.2024 - 30.05.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Antti Peltokorpi

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

Responsible teacher: Antti Peltokorpi, antti.peltokorpi@aalto.fi

Weekly exercise evaluations: Krishna Chauhan, krishna.chauhan@aalto.fi

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    Strategic choices and managerial issues crucial in construction business

    Contact teaching:

    - Introduction to strategy in construction

    - Different business models in construction

    - Production strategies

    - Financing issues in construction

    - Resource management

    - Strategic management in practice (guest lectures)

    - Internationalization of construction business

    - Role of innovations and change management

    - Project work presentations and evaluation

  • applies in this implementation


Assessment Methods and Criteria
  • valid for whole curriculum period:

    Lectures, lecture assignments and project works.

    Assessment (scale 0-5) based on weekly assignments, and team project works

DETAILS

Study Material
  • valid for whole curriculum period:

    to be defined later.

  • applies in this implementation

    Lecture material and specific materials for exercises.

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    11 Sustainable Cities and Communities

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Spring V
    2023-2024 Spring V

    Enrollment :

    Registration for the course will take place on Sisu (sisu.aalto.fi).

Details on the schedule
  • applies in this implementation

    Contact teaching (Hall R2, Rakentajanaukio 4):

    Attendance in quest lectures and seminar (bolded) is mandatory!

    • 25.4.2024 at 9:15-9:35 am: Introduction to the course
    • 25.4.2024 at 9:35-10:45 am: Introduction to strategic management and strategy in construction
    • 2.5.2024 at 9:15-10:45 am: Strategic management in practice, business models
    • 7.5.2024 at 9:15-10:45 am: Production strategies and concepts
    • 7.5.2024 at 10:45-11:45 am: Director Jussi Viita, T2H
    • 16.5.2024 at 9:15-10:45 am: Finance and financial analysis in construction
    • 16.5.2024 at 10:45-11:45 am: CEO Kari Kauniskangas, A-Insinöörit
    • 23.5.2024 at 9:15-10:45 am: International construction business
    • 23.5.2024 at 10:45-11:45 am: SVP Jan Elfving, Skanska
    • 30.5.2024 at 9:15-11:45 am: Student group presentations on Financial and strategy analysis of a public company

    Assignments:

    • Weekly individual lecture topic assignments
    • Financial and strategy analysis of a public company – group assignment
    • Strategic business plan for case company – group assignment