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
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
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 VEnrollment :
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