Latest Module Specifications
Current Academic Year 2025 - 2026
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Description This module aims to develop students's understanding of strategy concepts and their application to real-life. It seeks to provide a framework to integrate students's knowledge from the various business disciplines. It aims to develop students's business analysis skills at macroenvironmental, industry and company levels. It aims to develop students's ability to think critically and strategically and to work as part of a management team. The module will also develop students's personal and interpersonal skills: communication, teamwork, information management, project and meeting management. This is achieved through use of a variety of methods such as running a simulated business, presenting on its performance to shareholders, and production of a final report on performance; carrying out a strategic analysis of a real company, presenting the results of the analysis, and preparation of a formal strategic report. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Learning Outcomes 1. Explain the purpose of the firm and its mission, vision, values and objectives 2. Describe the process of strategy formulation 3. Use strategy tools and techniques to analyse the external and internal business context 4. Explain the nature of strategic choice for single, diversified and international businesses 5. Explain the issues involved in strategy implementation 6. Participate as a member of the management team in running a simulated business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and Learning Activities
Purpose of the firm and the strategy process Purpose, mission, vision, values; the strategy process; strategy evaluation criteria External analysis Macroenvironmental analysis: economic chararacteristics, driving forces, PESTEL; industry analysis: five forces, strategic groups, competitor analysis Internal analysis Company analysis, current strategy, SWOT, resources and capabilities, value chain, cost analysis, financial analysis Strategic choice and firm growth Generic strategies: low cost, differentiation, focus, best cost; industry life cycle; international expansion; diversification; growth strategies (Ansoff matrix); business portfolio management and parenting Strategy implementation Organisation and resources; systems and processes; staffing and reward; culture; governance; stakeholders; social responsibility; ethics | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List Books:
Articles: None | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Other Resources None | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||