B.Tech II Year I Semester (R18)
Strategic Management – Introduction to Strategic Management, developing a strategic Vision, Mission, Goals of an organization, Strategic Policies, Role of Strategists in Decision Making, Strategists at various management levels, Types of Strategies, Process of Strategic Management, Benefits of Strategic Management, Ethics in Strategic Management and Strategic Intent.
Strategy Analysis: Strategy Analysis and its Importance, Environmental Scanning -Internal and External Variables, Concept of value chain, SWOT analysis, ETOP: A technique of diagnosis, decision making on environmental information, Gap analysis. Core Competence of Organizations, Resource Allocation, Capabilities and Competencies, Competitive Advantage, Sustainable Competitive Advantage.
Strategy Formulation: Process in Strategy Formulation, Strategy formulation at Corporate levels, Directional Strategy, Growth Strategy, Financial Strategy, Marketing Strategy, R&D Strategy, Cooperative Strategy, Distinctive competitiveness, Human Resource Management Strategy & Information Technology Strategy, Strategic choice & its process.
Strategy Implementation: Strategy Implementation and its Stages, Developing programs, Budgets and procedures, Reengineering and strategy Implementation, Corporate Governance, Strategic Leadership. Resource allocation, Designing organisational structure-Designing Strategic Control Systems-Organizational Culture and values -their Impact on Strategy, Planning systems for implementation.
Strategic Control and Evaluation: Strategy Evaluation, Strategic Control, Participants in strategic Evaluation and control, difference between Strategic Control and Operational Control, Concept of Synergy and its significance, Key Stakeholder’s Expectations, Dealing with Strategic Management in a new globalised economy.
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