Course Length: 8 weeks
Prerequisites: BLAW 8301 or HCMG 7320 (Healthcare Management Specialization only), MGMT 8334, ACCT 8310, FINC 8329 or HCMG 7361 (Healthcare Management Specialization only), MKTG 8305, CISS 8319, MGMT 8347, ECON 8305, and enrollment in final term of the MBA Program.
This course focuses on the international dimensions of strategy and organization. It provides a framework for formulating effective strategies in an increasingly complex world economy. Topics include the globalization of industries, the continuing role of country factors in competition, organization of multinational enterprises, building global networks and the changing nature of managerial tasks under globalization.
Coursework is designed for engagement and collaboration. Here is an example of just some of the assignments and projects you will complete as part of MGMT 8351.
- Research and argue your conclusions on a taxation topic that affects business and people.
- Discuss taxation topics in weekly discussions.
Throughout the course, each week focuses on a different theme. Group discussions and coursework will align with that week’s theme, as well as its primary objectives.
Week 1 – Strategic Management & Competitiveness, and the External Environment
Your journey into the world of strategic management starts in week one, where you will:
- Learn about different types of organizational stakeholders and how they influence the organization.
- Explore the work and roles of strategic leaders.
- Identify the five competitive forces.
- Explain how to determine an organization's or industry’s profit potential.
Week 2 – Internal Organization and Business Level Strategy
Week two covers internal organization and business level strategy. You will:
- Define outsourcing and discuss reasons for its use.
- Discuss the importance of identifying internal strengths and weaknesses.
- Discuss the importance of avoiding core rigidities.
- Learn about different types of business level strategies.
- Use the five forces of competition model.
- Describe the risks involved in each of the business level strategies.
Week 3 – Competitive Rivalry, Dynamics and Corporate Level Strategy
Week three has a robust list of learning objectives. It is during this that that you will:
- Discuss the factors affecting the likelihood of competition from an outside organization.
- Learn the factors that affect the likelihood that a competitor will respond to actions taken against it.
- Explain the competitive dynamics in each of the league slow cycle, fast cycle and standard cycle markets.
- Explain the two ways value can be created with an unrelated diversification strategy.
- Describe the incentives and resources that encourage diversification.
- Describe motives that encourage managers to over-diversify a firm.
Week 4 – Exam (Chapters 1 though 6)
Week four is the midpoint on the course where you will complete a midterm exam on material covered in week’s one, two and three.
Week 5 – Strategies: Merger, Acquisition and International
In week five, you will take an in-depth look into merger, acquisition and international strategies, where you will:
- Learn about the attributes of effective acquisitions.
- Explore restructuring strategy and its common forms.
- Discuss the short and long-term outcomes of different types of restructuring strategies.
- Discuss the two major risks of using international strategies.
- Explore strategic competitiveness outcomes associated with international strategies.
- Explain two important issues firms should know about when using international strategies.
Week 6 – Cooperative Strategy and Corporate Governance
Week six focuses on cooperative strategy and corporate governance where you will:
- Explore the importance of cross-border strategic alliances.
- Study the risks of cooperative strategies.
- Describe two approaches used to manage cooperative strategies.
- Discuss the nature of corporate governance in international settings.
- Describe how the external corporate governance mechanism restrains top-level managers' decisions.
- Describe how corporate governance supports ethical decision-making.
Week 7 – Organizational Structure, Controls and Strategic Leadership
Week seven focuses on organizational structure, controls and strategic leadership. During this time period you will:
- Explain the different uses of three versions of multi-divisional structure.
- Discuss the organizational structures used to implement three international strategies.
- Define strategic networks and discuss how strategic center firms implement them.
- Learn about organizational culture and what can be done to sustain it, creating an effective impact.
- Explain what strategic leaders can do to establish and emphasize a culture of ethics.
- Discuss the importance and use of organizational controls.
Week 8 – Exam Preparation
The course concludes in week eight with a comprehensive exam over material covered throughout its duration.
To learn more about this course, or other courses in the online MBA from Our Lady of the Lake University, call 855-275-1082 to speak with an admissions adviser or request more information.