Study Guide for Strategic Business Managment

© 2010 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk, Pretoria STRBESC/1/2011–2013 98703099 Indesign

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Page ORIENTATION
TOPIC 1: Development of strategic management as a management approach
6WXG\ XQLW  Development of strategic management as a management approach Importance of stategic management Strategic management terminology Contemporary business environment

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2 15 34 43 64 65 86 96 121 138 139 145 149 164 178 188 194

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TOPIC 2: Building blocks of strategic planning
6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  Strategic direction Internal environmental analysis External environmental analysis Strategic selection

TOPIC 3: Building blocks of strategic implementation
6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  6WXG\ XQLW  Strategy implementation Short-term objectives, functional tactics and policies Leadership Organisational culture Reward systems Resource allocation Organisational architecture, systems and processes

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STRBESC/1/2011–2013

TOPIC 4: Building blocks of strategic control
6WXG\ XQLW  Strategic control methodologies and approaches

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TOPIC 5: Developing a strategic management plan
6WXG\ XQLW  Developing a strategic management plan

BIBLIOGRAPHY ANNEXURE A: GLOSSSARY OF TERMS ANNEXURE B: RECOMMENDED READINGS ANNEXURE C: EXAMPLE OF AN EXAMINATION PAPER

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Dear Learner Welcome to the exciting world of strategic management! STRBESC performs the function of a capstone paper in that it forms the culmination of the concepts you learnt in your undergraduate studies in strategic and business management. It is a great pleasure to introduce you to this stimulating and dynamic field of study. To ensure that you share our enthusiasm for this field... [continues]

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