Insegnamento a.a. 2022-2023

20750 - GLOBAL STRATEGY

Department of Management and Technology

Course taught in English
Go to class group/s: 6 - 7 - 99
IM (8 credits - I/II sem. - OB  |  SECS-P/07)
Course Director:
GIADA DI STEFANO

Classes: 6 (II sem.) - 7 (I sem.) - 99 (II sem.)
Instructors:
Class 6: MARCO TORTORIELLO, Class 7: GIADA DI STEFANO, Class 99: TO BE DEFINED


Lezioni della classe erogate in presenza

Suggested background knowledge

Some familiarity with business level strategy is helpful.

Mission & Content Summary

MISSION

Global Strategy is concerned with the formulation and implementation of strategy within large companies—international and multi-business companies in particular. The objectives of the course are: • To acquire competence in applying concepts, frameworks and tools required for analyzing global strategy. • To recognize and understand the relationships between strategy, competitive context, organizational structure, management systems, and leadership style within the large corporation and appreciate the tasks involved in implementing strategy. • To be more aware of the broader forces currently impacting large corporations and the ways in which companies are responding to these challenges. • To develop your skills in strategic analysis as well as oral and written communication.

CONTENT SUMMARY

The course is divided in two parts – we will first learn about corporate strategy, and then put the learning in practice.

 

To accomplish the former objective, we will go through a number of sessions in which we will discuss real business cases with emphasis on different strategic choices. As is recommended with the case teaching method, all discussions, and presentations will occur in the first part of class, with a debrief in the second half. We lead most in-class discussions in this course using the Socratic Method. Consistently, we will mostly act as moderators, and you should feel comfortable responding to in-class questions (aka “cold calls”). Such an interactive, hands-on approach is used to reveal the complexity and ambiguity of real-world situations.

 

Once we have discussed the main concepts associated to the formulation and implementation of strategy withing large companies, we will put our learning in practice through a business simulation that will take place over an intense two-day schedule. The aim of this simulation is to allow you to experience first-hand the concepts learned in class in an environment where each of you will be part of the board of directors of a company operating within a tech industry. In this role, you will be crafting and implementing your company’s corporate strategy by analyzing data and taking decisions pertaining to scope and growth modes, while interacting with other board members and negotiating with other companies.

 


Intended Learning Outcomes (ILO)

KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...
  • At the end of the course student wilRecognize and understand the relationships between strategy, competitive context, organizational structure, management systems, and leadership style within the large corporation and appreciate the tasks involved in implementing strategy.
  • Know the concepts, frameworks and tools required for analyzing global and corporate strategy.
  • Be more aware of the broader economic and social forces currently impacting international corporations and the ways in which companies are responding to these challenges.
  • Be familiar with the strategic management issues that concern executives.

APPLYING KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...
  • Apply the concepts, frameworks and tools for analyzing global and corporate strategy to new companies, cases, and situations.
  • Choose and execute a complex strategy in a demanding competitive situation.
  • Present a post-mortem evaluation of the successes and failures of a strategy.

Teaching methods

  • Face-to-face lectures
  • Online lectures
  • Guest speaker's talks (in class or in distance)
  • Exercises (exercises, database, software etc.)
  • Case studies /Incidents (traditional, online)
  • Individual assignments
  • Group assignments
  • Interactive class activities (role playing, business game, simulation, online forum, instant polls)

DETAILS

  • Guest speaker's talks (in class or in distance): guests may be scheduled in some years/semesters
  • Exercises (exercises, database, software etc.): group activities in class based on cases and readings
  • Case studies /Incidents (traditional, online): case discussions for most classes
  • Individual assignments: two individual case memos based on cases in the course
  • Group assignments: a final presentation based on the simulation experience
  • Interactive class activities (role playing, business game, simulation, online forum, instant polls): final business simulation

Assessment methods

  Continuous assessment Partial exams General exam
  • Individual assignment (report, exercise, presentation, project work etc.)
x    
  • Group assignment (report, exercise, presentation, project work etc.)
    x
  • Active class participation (virtual, attendance)
x    

ATTENDING STUDENTS

All of the learning objectives are assessed by all of the assessment methods.

 

-  The class discussion of cases allows students to practice and be evaluated for their ability to apply concepts from class and readings to actual business cases. In addition, they are assessed for their ability to communicate their ideas while speaking and discussing in the group

-  The individual memos on business cases assess understanding of concepts and ability to apply them to real world cases, only in written language rather than spoken.

-  The final project requires student teams to participate in a business simulation, cooperate and compete with other teams, and to reflect on their experience. Thus, this final activity requires synthesis and problem solving, as well as analysis and deduction. The students are evaluated based on their performance in the complex simulation along combined dimensions of profitability, efficiency, and social/environmental impact. In addition, their reflection is assessed based on their ability to apply course concepts to understand their performance and learn from both failures and successes in the simulation.


NOT ATTENDING STUDENTS

Final written exam based on course material (slides, cases, readings), aimed at assessing whether students have achieved the required knowledge of concepts, of the relationships among them, of the economic, and social forces of the external environment, of the strategic management issues, and whether students have developed adequate skills for strategic analysis and for proposing appropriate solutions.


Teaching materials


ATTENDING AND NOT ATTENDING STUDENTS

Slides, cases and readings posted on Blackboard

Last change 01/06/2022 05:59