MBA7101: STRATEGIC MANAGEMENT
Objective: The objective of this course on corporate strategy is to develop in the students an ability
to analyze the strategic situation facing the organisation, to access the strategic options available to
the organization and to implement the strategic choices made by it. Extensive use of a variety of
case studies will help in meeting the objectives of this course.
Unit I
Introduction to corporate strategy, an overview of formulation and implementation of strategy
(including various models of strategy formulation and implementation), strategic leadership,
determinants of competitive advantage, vision and mission including various approaches to business
model, strategic coherence, stakeholders and strategy, internal and external environment of
strategy, environmental analysis (including various tools of analysis), corporate resources,
capabilities and core competencies, dynamic capabilities, value chain, competitor analysis, key
success factors, drivers of change, competitive rivalry and competitive dynamics, challenges to
sustainable competitive advantage, advantages and disadvantages of first movers, second movers
and fast followers, defensive strategies for incumbents caught off guard, personal goals and
aspirations of top management, corporate social responsibility, corporate governance and strategy,
diversification-related and unrelated, integration-vertical and horizontal, execution of strategy.
Unit II
Executing functional, business and corporate strategy, strategic alternatives including models for
development of strategic alternatives, strategies for entering new businesses, strategy and
technology, strategy and industry life cycle, evaluation of strategy, implementing dynamic strategies,
organization structure and strategy, international strategy and competitive advantage,
understanding alliances and cooperative strategies, mergers, acquisitions and strategy, external and
internal causes of organizational failure, differing corporate governance practices and strategy, role
of executive compensation in implementation of strategy.