LEARNING OUTCOMES
This course is designed to foster practical skill development, developing students' analytical, communication, and leadership skills for effective strategy practice. Upon successful completion of the course, students should be able to:
- Understand and articulate the strategic importance of building and maintaining positive stakeholder relationships and integrating stakeholder considerations into strategy;
- Define and explain the basic concepts of stakeholder theory;
- Apply advanced stakeholder identification and mapping techniques to assess stakeholder salience and power dynamics in various strategic contexts;
- Analyze real-world cases to unravel the complexities inherent in balancing stakeholder interests and resolving conflicts, applying theoretical knowledge to practical scenarios;
- Develop stakeholder engagement and communication strategies tailored to different strategic contexts.
Credits: 6
Schedule: 14.01.2025 - 20.02.2025
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Johanna Moisander
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:
The course explores the strategic role of stakeholder relationships and the importance of understanding stakeholder expectations for successful strategic management. We will explore the intricacies of understanding stakeholder expectations and how to integrate them into strategic decision-making processes. Emphasis will be placed on analyzing and managing relationships with different stakeholders in different strategic contexts, while aligning societal and organizational goals. Through a combination of lectures, interactive class discussions, and hands-on assignments, students will develop the skills and knowledge necessary to critically analyze and navigate the complexities of stakeholder relationships and to integrate stakeholder expectations into strategy in ways that create value for multiple stakeholders and maintain organizational integrity. We will also explore the challenges and opportunities of strategic stakeholder relations in addressing grand challenges and contributing to UN sustainable development goals. Our exploration will go beyond theoretical concepts to include real-world applications, ensuring that students are well equipped to deal with the complexities of stakeholder relations in strategic management.
Assessment Methods and Criteria
valid for whole curriculum period:
Learning assignments
Workload
valid for whole curriculum period:
Participation in class meetings, independent learning assignments, group assignments, and presentations.
DETAILS
Study Material
valid for whole curriculum period:
A package of readings to be specified in MyCourses before the course starts.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language: English
Teaching Period: 2024-2025 Spring III
2025-2026 Spring IIIRegistration:
Students are admitted to the course in the following priority order: 1) Strategic Management in the Changing World students, 2) Creative Sustainablity students / CEMS students.