Mercado
KARAIKUDI– 630 003 TAMILNADU
DIRECTORATE OF DISTANCE EDUCATION
M.B.A.
(III Year)
Paper – 3.6
Strategic Management
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Paper – 3.6 : Strategic Management
Unit 1
The business system – objectives of the business – setting up and balancing the objectives – mission – vision – goals
Strategic analysis of functional areas – Production – marketing – human resources – finance – analyzing corporate capabilities – SWOT
Unit 2
Corporate strategy – nature and scope – process of strategic planning – formulation of strategy – project life cycle – portfolio analysis : BCG matrix – GE matrix – Stop High Strategy – Directional policy matrix.
Strategic management – Strategic decision making – business level sub strategies
Unit 3
Generic strategic alternatives – stability strategy – growth strategy – retrenchment strategy – combination strategy and turnaround strategy
Strategic alternatives – horizontal, vertical diversification – active and passive alternatives
Unit 4
External growth strategy – Merger, Acquisition – amalgamation – joint venture – Problems
Organisational structure and corporate development – line and staff functions – Evolution of organization structure – management of change
Unit 5
Implementation of strategy – elements of strategy – leadership and organizational climate – Planning and control of implementation
Unit 6
ERP’s features and applications – Packages – BaaN, MARSHALL SAP – functional features and implementation difficulties
Reference :
1. Micheal porter, “Corporate strategy, Competitive advantage”. 2. Peter Drucker, “Management tasks, responsibilities and practices”. 3. Bhatacharya, “Achieving managerial excellence”, McMillan Indian Ltd., 4. Jauch and Glueck, “Business Policy and strategic management”, McGRaw Hill 1983 5. Azhar Kazmi “Business Policy