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,
internal & external growth of firms, etc. These topics my be subject to modification.

Kurse in diesem Modul

Strategic Thinking and Acting:

Topic area I: Fundamentals of Strategic Thinking and Acting

  • Introduction of a phase model of as a fundament of strategic thinking and acting (strategic
    tools in the context of environmental challenges of their time)
  • Various types of competitive advantages and how they are created
  • Unique resources, competences and strategies that cannot be imitated
  • Case studies and examples

 

Topic area II: Theories and Practical Challenges of Current Issues in Strategic Thinking and Acting

  • The second topic area follows a phase model of strategic thinking and acting in the context
    of time, it shows how strategic approaches and solutions that organizations apply relate to
    the environmental challenges of their specific time
  • Conceptualizing selected recent and traditional strategic tools in typical challenging
    situations that require strategic thinking and acting (concepts).
  • Topics covered include, for instance: 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, internal and external
    growth of companies, etc. These topics my be subject to modification.
  • Case studies/examples; Application, discussion, limitation of strategic tools
  • Guest lecture

 

Topic area III: Strategic Thinking and Acting Solutions

  • Applying selected strategic tools to real and current situations of (national or international)
    firms in typical situations context (practical application), topics covered include:
  • Case studies and team presentations
  • Backup and summary
Vorlesung mit 4 Lektionen pro Woche
Disclaimer

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