This module aims to enable students to understand and apply tools and models to develop strategic analysis, choice and implementation skills. Students will become competent in the use of management information to measure and monitor strategic performance. A comprehensive review of good governance practices will be undertaken, all developed within applicable ethical frameworks. Evaluating complex scenarios will be a feature of the module, based on complex data and financial and stakeholder analysis, including making recommendations.
On completion of this module, candidates will reach a competency sufficient to be able to:
- Evaluate strategic objectives for a specified scenario
- Prepare and advise on strategic analysis, for a specified scenario, by evaluating the external and internal environments to support strategy development
- Apply key strategic models and prepare advice on, for a specified scenario, strategic choice
- Discuss and evaluate the types of organisational structure and operational vehicles that can be used to support, for a specified scenario, the delivery of organisational strategy
- Explain and analyse the arrangements required and prepare business plans, for a specified scenario, for an efficient and effective implementation of an organisational strategy
- Evaluate the issues involved in the formulation of an organisation’s financial strategy
objectives for a specified scenario - Evaluate the issues involved in the formulation of an organisation’s financial strategies for a
specified scenario - Describe and explain the meaning and theories of corporate governance
- Describe and explain the Corporate Governance landscape in Ghana
- Describe and explain the OECD Principles of Corporate Governance
- Describe, explain and apply the processes of improving governance in organisations for a specified scenario, as detailed in IFAC’s Evaluating and Improving Governance in Organisations (Good Practice Guidance)
Course Features
- Lectures 18
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 16
- Assessments Yes
Curriculum
- 16 Sections
- 18 Lessons
- 10 Weeks
- IntroductionOverview of Strategic Case Study paper and what is expected of the students2
- Strategic PlanningBy the end of this session students are expected to evaluate various approaches to organisational strategy and define the purpose of organisational strategy and explain the difference between the various levels2
- Mission & ObjectivesStudents are expected by the end of the session to distinguish between vision, mission, goals, objectives and plans and analyse a business and its strategy given its purpose, mission, vision and objectives from shareholder’ and other stakeholder’ perspectives with the aid of Mendelow’s power/interest matrix.1
- Business & Professional EthicsStudents are expected by the end of the session to apply, evaluate and recommend actions, for a specified scenario, the principles contained in the Good Practice Guidance, including specific consideration of IFAC’s Code of Ethics for Professional Accountants as well as apply corporate social responsibility and environmentally driven strategy.1
- Corporate GovernanceBy the end of this session students are expected to describe and explain the meaning of corporate governance frameworks and mechanisms. Students are also expected to describe and explain the Corporate Governance landscape in Ghana1
- Internal & External Environment AnalysisBy the end of this session students are expected to prepare and evaluate, for a specified scenario, an internal analysis, paying attention to: Resource audit – financial, physical, human and intangible, Core competences and strategic capability, Porter’s value chain analysis and value system. In relation to external analysis students are expected to prepare and evaluate, for a specified scenario, an external analysis, paying attention to: International business environment, General or Macro environmental analysis, Industry and competitive analysis1
- Strategic OptionsBy the end of this session students are expected to apply and appraise key models available for the generation of strategic options. Students will be able to apply the following methods in employing international strategic choices: Exporting, Joint venture, Licensing, Franchising, Strategic alliances etc. Students are also expected to evaluate and advice on the selection of strategic methods1
- Portfolio AnalysisStudents are expected by the end of the session to apply and appraise the key strategic product and service development models: Product/service life cycle analysis, Boston matrix, Directional policy matrices etc.1
- Strategic Choice1
- MarketingStudents are expected to develop a marketing and brand management approach, involving both quantitative and qualitative techniques1
- Organisational StructureStudents are expected to discuss factors that influence organisational design, evaluate the advantages and disadvantages of types of organisational structure and discuss the vehicles for collaborating with outside organisations to organisational achievements1
- International Market PlaceStudents are expected to develop an international marketing strategy paying particular attention to: Objectives of international growth, reasons for growth in international business and the methods of International Expansion1
- Business Process ChangeDevelop an approach to manage business process change1
- Project ManagementExplain the project management process in terms of: Initiation, Planning, Execution, Completion, Monitoring and control1
- Role of FinanceDetermine and explain financial strategy objectives, taking account of the constraints on various elements of financial strategy as well as evaluate the issues involved in the formulation of an organisation’s financial strategies for a specified scenario1
- Strategy and PeopleDiscuss and explain the strategic issues in relation to people1