Strategic management provides an introduction to the theory, management and practices of planning, budgeting, implementation and evaluation at the corporate, business and operational levels in organisations. Students will examine contemporary managerial decision-making processes and actions that shape the long-term performance of organisations, through lectures, tutorials and reviewing practical case studies.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Develop and extend their understanding of corporate and industry business models and strategies and learn how to develop and apply them to different business contexts;
2. Apply relevant public policies, professional codes of business conduct and issues of corporate social responsibility, and expand their capability to monitor developments in relevant policies, codes and issues;
3. Develop and demonstrate their capability to plan for implementation of business models and strategies, to analyse the applicability of these models and strategies for a particular business context, and to critically assess and revise these as required by changing circumstances; and
4. Develop their capacities and capabilities in analysis and business report writing.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - use Indigenous histories and traditional ecological knowledge to develop and augment understanding of their discipline

Prerequisites

11174 Introduction to Management OR 4207 Introduction to Management OR 9525 Principles of Management

Corequisites

None.

Incompatible units

9537 Advanced Management

Equivalent units

None.

Assumed knowledge

None.