Study Guide

Objective

After completing the course, the student
-understands what is a strategy and can plan strategies for his/her organizations
-understands what is strategic thinking, where it is needed and has improved his/her own strategic thinking skills
-can guide strategic planning processes at different organizational levels
-is able to select the most appropriate strategic planning tools for different contexts and can use them in an appropriate way
-is able to identify the most significant obstacles to strategy implementation and create a workable plan to eliminate them and execute wisely and effectively the chosen strategy

Content

-What is strategic management
-What is strategic thinking
-Strategic management processes and planning tools
-How to select wisely a strategy which leads to success
-How to execute the selected strategy wisely and effectively

Materials

All in ITSLEARNING, but "reference books" must either be lended from libraries or bought some where. The role of books are just like references or handbooks and students does not need to read them through, but they can help students to complete the given home assignments

Teaching methods

Multi-learning method (Innopeda): Contact teaching days + home assignments in groups + reverse-learning from cases

Exam schedules

No tests. 2-3 home assignments in groups

International connections

Multi-learning method (Innopeda): Contact teaching days + home assignments in groups + reverse-learning from cases

Completion alternatives

No other ways to complete the course.

Student workload

1) Backroung survey, which all students must fill and submit as a file into ITSLEARNING system by 30.1.2023.
2) Individual STQ-test in internet. Instructions in ITSLEARNING. Its report must be ´submitted as a file into ITSLEARNING by 1.2.2023.
3) 2-3 large home assignments in 4-6 member groups: the results of these groupworks must be submitted as files into ITSLEARNING system according to the time table later mentioned in ITSLEARNING system.

Content scheduling

This course is meant mainly for YBINBK23 students (25-30 students). Few students from MBA in Sales Management degree program can also be taken to the course in the enrollment order.

The course consists of STQ-test, two (2) contact teaching days and home assignments which will be submitted into the ITSLEANING System according to the given time table in ITSLEARNING. There are 2-3 home assignments, which will be done in 4-6 persons groups. These groups will be selected randomly during the first contact teaching day.
Contact teaching days are:
1. Friday 3.2.2023, between 9-16 o´clock on Lemminkäisenkatu 30, Turku, in the classroom LEM_B338)
2. Friday 10.3.2023, between 9-16 o´clock on Lemminkäisenkatu 30, Turku, in the classroom: LEM_B338)
Learning purposes and outcomes:
After successful execution this course students will have good basic and general knowledge and overview on/of
- strategic planning process and tools + how to choose and use these tools in each situation
(strategies and the use of strategy tools depend on external and internal environment of any
organization)
- what is strategic thinking and where/how it is needed
- what kind of challenges the execution of the chosen strategy includes and how organizations/managers/leaders can try to overcome these challenges and obstacles and quarantee successful execution of a strategy
The execution of the course will be opened in ITSLEARNING 1-2 weeks before the first contact teaching day. All home assignments and course materials will be found from ITSLEARNING then.

Further information

Dr. Keijo Varis
keijo.varis@turkuamk.fi

Evaluation scale

H-5

Assessment methods and criteria

The grading scale is 1-5 and all members of each groups will get the same grade. The grading itself is done by teacher and is based on the correctedness and content of home assignments.
The final grade is the mean of the grades of all home assignments.