Learning Outcomes
On completion of the course, students will be able to:
Knowledge and understanding
- Describe the fundamental components of the strategy process, including strategic analysis, strategy formulation and strategic planning
- Compare key strategic methods and analyse their relevance and applicability in different contexts
- Describe and explain strategic aspects of business ecosystems, circular business models and circular ecosystems
Skills and abilities
- Apply structured methods to formulate and address strategic problems
- Integrate economic, societal and environmental dimensions into strategic problem-solving
- Select and apply strategic methods to develop a strategy and an overarching implementation plan (roadmap)
Judgement and approach
- Compare alternative strategic proposals and assess their suitability for a specific context
- Justify and critically discuss the choice of strategic methods based on contextual conditions
- Identify and evaluate trade-offs between customer value, profitability, societal benefit and sustainability
Course Content
The course addresses strategy and strategic management with a focus on key concepts, theories and models for analysis and strategic decision-making. The content includes various strategic contexts such as business ecosystems, business models, circular economy and circular ecosystems, as well as stakeholder analysis as a tool for identifying and analysing relevant actors.
Furthermore, the course covers the different stages of the strategy process and the use of strategic models and tools to address challenges in strategic work. The course also includes practical elements in strategy formulation and strategic planning in practice-oriented contexts.
Assessment
- Written group assignment
- Seminar
- Written invigilated examination
Grades
The grading scale used for the final course grade is U–VG.
Grades are reported as follows:
- Written group assignment - 2 Credits | U–G
- Seminar - 1.5 Credits | U–G
- Written invigilated examination - 4 Credits | U–VG
Entry Requirements
- 60 credits Industrial Engineering and Management including Business Process Development 7.5 credits
Other Information
This course cannot be counted towards the same degree along with courses that have equivalent content.
If the student has received a decision/recommendation granting study support from Dalarna University because of a disability, then the examiner has the right to offer an alternative examination arrangement. The examiner takes into account the objectives in the course syllabus when deciding whether the examination can be adapted in accordance with the decision/recommendation.