Enrolment options

21E00034 - Strategy Process, Lecture, 17.9.2021-22.10.2021

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: 17.09.2021 - 22.10.2021

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Timo Vuori, Joona Koistinen

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

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:

    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 for whole curriculum period:

    100% assignments

Workload

  • valid for whole curriculum period:

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

DETAILS

Study Material

  • valid for whole curriculum period:

    Articles described in the syllabus
    Other learning materials

     

Substitutes for Courses
Prerequisites

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Max 60 students taken to the course. Note that the course is run twice per year (60 students in the fall + 60 students in the spring)

    Students are admitted to the course in the following priority order: 1) MIB / Industrial Engineering and Management/ Global Management / CEMS 2) Exchange students 3) Other BIZ Master’s students 4) Other Aalto students


    Teaching Period:

    2020-2021 Autumn I, Spring IV

    2021-2022 Autumn I, Spring IV


    Course Homepage: https://mycourses.aalto.fi/course/search.php?search=21E00034


    Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof

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