I. SUBJECT DESCRIPTION
II. SUBJECT REQUIREMENTS
III. COURSE CURRICULUM
SUBJECT DATA
OBJECTIVES AND LEARNING OUTCOMES
TESTING AND ASSESSMENT OF LEARNING PERFORMANCE
THEMATIC UNITS AND FURTHER DETAILS
Subject name
STRATEGIC MANAGEMENT
ID (subject code)
BMEGT20MN04
Type of subject
Contact lessons
Course types and lessons
Type
Lessons
Lecture
2
Practice
0
Laboratory
0
Type of assessment
term grade
Number of credits
3
Subject Coordinator
Name
Dr. Bognár Ferenc
Position
research fellow
Contact details
bognar.ferenc@gtk.bme.hu
Educational organisational unit for the subject
Department of Management and Business Economics
Subject website
Language of the subject
magyar - HU; angol - ENG
Curricular role of the subject, recommended number of terms
Direct prerequisites
Strong
None
Weak
None
Parallel
None
Exclusion
None
Validity of the Subject Description
Approved by the Faculty Board of Faculty of Economic and Social Sciences, Decree No: 580.059/2/2020 Valid from: 29.01.2020.

Objectives

Highlighting the scientific background of strategic management, introducing paradigms, models and tools of strategic man-agement. Arousing students’ interest in strategic management based on the last five decades of strategic management’s most important and practical result. Expressing doubts for further thinking and introducing methodological knowledge for strategic decision making.

Academic results

Knowledge
  1. Familiar with the phylogeny of strategic management.
  2. Familiar with the paradigms of strategic management.
  3. Familiar with value creation as the basis of strategic goal setting.
  4. Familiar with the effects of digitization on strategic thinking.
  5. Familiar with the most important methods of strategic decision making.
Skills
  1. Students can apply the theoretical and practical knowledge in practice.
  2. Students can doubt, thinking in alternatives and integrating knowledge.
Attitude
  1. Students recognize the uncertainty of future while refuse drift and intentionality.
  2. Student can apply those methodologies which have the biggest chance for the suc-cessful strategic decision.
Independence and responsibility
  1. Students can write study on evaluation of a certain company’s strategy and strategic decisions.
  2. Students can apply other management tools as well.

Teaching methodology

Lectures. Guest practicing lecturer can be involved as well.

Materials supporting learning

  • Mészáros Tamás: Stratégiai menedzsment (letölthető oktatási segédlet)
  • Tari Ernő: Miért a Graphisoft – az oktatási segédlet része.
  • Cser Linda: A Graphi-story folytatódik – az oktatási segédlet része.
  • Mintzberg, H. – Ahlstrand, B. Lampel, J. (2005): Stratégiai Szafari, Útbaigazítás a stratégiai menedzsmentben. HVG könyvek. Budapest. 1., valamint 12. fejezet.
  • Evans, P. (2000): Strategy, the End of the Endgame. Journal of Business Strategy Nov-Dec. 12-18.
  • Porter, M. (2001): Strategy and the Internet. Harvard Business Review March. 63-79.
  • Porter, M-Heppelmann, E. (2014): How Smart Connected Products Are Transforming Competition. Harvard Business Review 92 (11) 64-88.
  • Lapersonne, A. – Sanghavi, N. De Mattos C. (2015): Hybrid Strategy, Ambidexterity and Environment: Toward an Integrated Typology, Universal Journal of Management 3 (12) 497-508.
  • Selected chapters of the followings:
  • Mintzberg, H. – Lampel J. – Quinn J. B. – Goshal S. (2003): The Strategy Process – Concepts, Contexts, Cases. Pearson, Harlow
  • Hubbard, R. B. (2008): Strategic management. Pearson, Frenchs Forest
  • Barney, J. B. – Hesterly W. S. (2010): Strategic Management and Competitive Advantage. Pearson, Upper Saddle River
  • Capon, C. (2009): Understanding the business environment. Pearson, Harlow
  • Other given materials, power point slides.

General Rules

Semester ends with mid-term mark.

Performance assessment methods

A.Detailed description of assessments during the term: - Students have to write and present a case study during the semester. Submission and deadlines are presented by the lecturer in the beginning of the semester. On the 10th week a 60 minutes mid-term exam is taken by the students based on the discussed topics.

Percentage of performance assessments, conducted during the study period, within the rating

  • Esettanulmány értékelés: 40%
  • Zárthelyi dolgozat: 60%

Percentage of exam elements within the rating

Conditions for obtaining a signature, validity of the signature

On time case study submission and writing the mid-term exam.

Issuing grades

%
Excellent 95-100-100
Very good 89–94
Good 76–88
Satisfactory 63–75
Pass 50–62
Fail 0-49

Retake and late completion

Based on the Code of Studies on the 14th week.

Coursework required for the completion of the subject

Nature of work Number of sessions per term
participation in contact hours 12×2=24
preparation for contact hours 12×1=12
preparation for the midterm test 30
development of case study 24
total 90

Approval and validity of subject requirements

Consulted with the Faculty Student Representative Committee, approved by Emma Lógó, PhD, Vice Dean for Education. Date: 20 Jan 2020 Valid from spring semester 2019/20

Topics covered during the term

The learning outcomes of 2.2 can be achieved by studying the following areas and topics

Lecture topics
1. Basic definitions, Strategic schools, evolution of planning.
2. Evolution of strategic management, paradigms and critics.
3. Strategic value creation, goal setting
4. Driving forces of strategy creation – special focus on technology – and effects on competitive strategies.
5. Strategy creation process and supporting tools

Additional lecturers

Name Position Contact details
Dr. Mészáros Tamás egyetemi tanár tamas.meszaros@uni-corvinus.hu

Approval and validity of subject requirements

Part I-III of the Subject Form is to be approved by the Head of Department of Management and Business Economics named under 1.8.