Modulbeschreibung

Strategic Thinking and Acting

ECTS-Credits:
6
Lernziele:

Strategizing today differs largely from strategic planning of the past. Today, organizations are confronted with continuous change and with many uncertainties that require to question and evaluate their situation and often new technologies play a crucial role in this process. The goal of the module Strategic Thinking and Acting (STTA) is to deepen the participant’s knowledge on different situations to cope with strategically challenging situations and change in organizations’ environment. Students learn to “read” and interpret various patterns of strategic thinking and acting.

They will learn to interpret the broad variety, complexity, and ambiguity of strategizing. Against this background the goal of strategizing is to create, maintain and protect sustainable competitive advantages. The module’s building blocks are, on the one hand, to classify strategic solutions and tools in the context of specific temporal challenges. The course takes in the perspective of a phase-model of strategic management that puts strategic tools and approaches in relation to specific challenges in the environment.

On the other hand, the module aims at discussing and analyzing case studies and examples of real life company situations and challenges that firms have to cope with in different contexts. Students will analyze firm’s challenges and discuss possible solutions to that help coping with these. In doing so students will apply various tools and reflect upon the limitations of these tools. The course is grounded in a workshop design.

Topics to be discussed include, for instance, sustainable competitive advantage, digital platforms, business ecosystems, Artificial Intelligence / data science and data sharing, disruption, sustainability, open organization and open strategy, hybrid working models, knowledge management and innovation, business model innovation, strategy under extreme uncertainty, etc. These topics my be subject to modification.

Kurse in diesem Modul

Strategic Thinking and Acting (STTA):

Professional competences:
Participants:

  • are familiar with the idea of sustainable competitive advantages in different company
    contexts, and how they are created, protected, maintained;
  • are familiar with strategic thinking and acting, as well as with the changing strategic
    challenges over time;
  • are able to critically discuss and reflect upon various strategic tools and theories on
    different levels of analysis (including individual, organization, industry, ecosystem);
  • are able to identify certain patterns of strategic challenges that firms are confronted with in
    their real-life context.

 

Methodological competences:

Participants:

  • can identify and apply distinct strategic tools to selected firms in a broad variety of typical
    contexts;
  • are capable to develop concepts and activities for these contexts;
  • can interpret complex sources of information (scientific / theoretical, empirical) and
    distinguish between opinions and facts;
  • are able to transform these pieces of information into a scientific term paper that analyzes
    the situation of a real firm that is confronted with challenges in strategic thinking and acting;
  • are able to design a presentation that is rich in content and exciting from a dramaturgical
    point of view.

 

Self-competences:
Participants:

  • gain awareness of the great variety and complexity of strategies and challenges that
    companies are confronted with;
  • approach and practice strategic thinking and acting as well as strategic decision-making in
    a national or international context;
  • are capable to deal with situations of uncertainty and ambiguity in which they have to make
    think strategically and to make strategic decisions (case studies).

 

Social competences:
Participants:

  • learn to work in diverse teams (partly international and intercultural);
  • know how to approach creative problem-solving by using strategic tools and scientific texts
    through team discussion;
  • constructively present and critically discuss ambiguous strategic challenges in their team
    and in class.
Disclaimer

Diese Beschreibung ist rechtlich nicht verbindlich! Weitere Informationen finden Sie in der detaillierten Modulbeschreibung.