Syllabus
University of Illinois at Urbana-Champaign
College of Business
Department of Business Administration
BADM 544: STRATEGIC MANAGEMENT
Spring 2013
Name:
Joseph T. Mahoney
Professor of Strategy & Entrepreneurship
Caterpillar Chair of Business
Department of Business Administration
Office:
Wohlers Hall 140C
Office Hours: Wednesday 4:30PM- 5:30PM
(Or by appointment)
Website:
Phone:
Email:
244-8257 josephm@illinois.edu http://www.business.illinois.edu/josephm
Click on the course link:
Wednesday
BADM 544
6:00PM – 8:50PM
3041 Business Instructional Facility
INTRODUCTION AND COURSE OBJECTIVES
Strategic management deals with decisions that fundamentally influence the direction of the organization and effective implementation of the direction chosen. Strategic management examines the organizational structure, resources & capabilities, and the strategic positioning of the organization to identify, create, capture, and sustain competitive advantage. In addition to economic value creation, management also must make decisions concerning the distribution of this economic value.
In BADM 544, Strategic Management, you will develop your skills at:
•
Understanding how firms gain and sustain competitive advantage;
•
Analyzing strategic business situations and formulating strategy; and
•
Implementing strategy and organizing the firm for strategic success.
Success depends not only on the soundness of the formulated strategy, but also on effective implementation through appropriate organizational choices. This course focuses on strategic decisions, and with both the content of those decisions and the processes by which general managers position the businesses and allocate resources under conditions of uncertainty and competition. This course utilizes various tools, concepts, and analytical frameworks that enhance our ability to define and analyze strategic problems and to identify sources of competitive
advantage
College of Business
Department of Business Administration
BADM 544: STRATEGIC MANAGEMENT
Spring 2013
Name:
Joseph T. Mahoney
Professor of Strategy & Entrepreneurship
Caterpillar Chair of Business
Department of Business Administration
Office:
Wohlers Hall 140C
Office Hours: Wednesday 4:30PM- 5:30PM
(Or by appointment)
Website:
Phone:
Email:
244-8257 josephm@illinois.edu http://www.business.illinois.edu/josephm
Click on the course link:
Wednesday
BADM 544
6:00PM – 8:50PM
3041 Business Instructional Facility
INTRODUCTION AND COURSE OBJECTIVES
Strategic management deals with decisions that fundamentally influence the direction of the organization and effective implementation of the direction chosen. Strategic management examines the organizational structure, resources & capabilities, and the strategic positioning of the organization to identify, create, capture, and sustain competitive advantage. In addition to economic value creation, management also must make decisions concerning the distribution of this economic value.
In BADM 544, Strategic Management, you will develop your skills at:
•
Understanding how firms gain and sustain competitive advantage;
•
Analyzing strategic business situations and formulating strategy; and
•
Implementing strategy and organizing the firm for strategic success.
Success depends not only on the soundness of the formulated strategy, but also on effective implementation through appropriate organizational choices. This course focuses on strategic decisions, and with both the content of those decisions and the processes by which general managers position the businesses and allocate resources under conditions of uncertainty and competition. This course utilizes various tools, concepts, and analytical frameworks that enhance our ability to define and analyze strategic problems and to identify sources of competitive
advantage