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Strategic Management

By Prof. Vinay Sharma   |   IIT Roorkee
Learners enrolled: 2679   |  Exam registration: 932
ABOUT THE COURSE:
This course develops the understanding of, visualization, planning and execution of complex strategies to meet an organization’s goals, achieve the objectives, accomplish the mission and to realize its vision. It helps to understand evolving industry structures and develop new competencies in times of industry transition. It is designed to equip students with conceptual knowledge with practical applications

INTENDED AUDIENCE: Students, executives, entrepreneurs, practitioners and leaders foreseeing to dwell into strategic thinking and driving organizations, functions for realizing a vision.

INDUSTRY SUPPORT: All the types of Industries
Summary
Course Status : Ongoing
Course Type : Core
Duration : 12 weeks
Category :
  • Management Studies
  • Managerial Economics
Credit Points : 3
Level : Undergraduate/Postgraduate
Start Date : 22 Jul 2024
End Date : 11 Oct 2024
Enrollment Ends : 05 Aug 2024
Exam Registration Ends : 16 Aug 2024
Exam Date : 02 Nov 2024 IST

Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.


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Course layout

Week 1: Conceptual foundation of strategy
1. What is Strategic Management?
2. Concepts of Strategy -I
3. Concepts of Strategy - II
4. Concepts of Strategy - III
5. Strategy, Strategic Plan and Tactics

Week 2: Strategic Management, Culture and Leadership
6. Strategic Planning, Thinking and Business Policy
7. Importance of Strategic Management
8. Corporate Culture
9. Leadership - I
10. Leadership - II

Week 3: Vision, Mission, Objectives & Strategic Management Process
11. Developing and Communicating and Strategic Vision
12. Communicating a Strategic Vision 
13. Developing Company’s Mission Statement and Linking it with Core Values
14. Strategic Management Process – I
15. Strategic Management Process - II

Week 4: Strategy and Ethics
16. Concept of Organizational Life Cycle
17. Generic Competitive Strategies – I
18. Generic Competitive Strategies – II
19. Ethics as a Strategy – I
20. Ethics as a Strategy – II 

Week 5: Environmental analysis - I
21. Sustainability as a Strategic Approach - I
22. Sustainability as a Strategic Approach - II
23. Environment and Strategy – I
24. Environment and Strategy – II
25. Internal Environment

Week 6: Environmental analysis - II
26. Environmental Analysis – Resource Based Model
27. I/O Model, Resources, Capabilities, Core Competencies and Value Chain
28. Industry Life Cycle
29. Competition as Basis for Strategy Formulation & Red Ocean Strategy
30. Blue Ocean Strategy - 1

Week 7: Blue Ocean Strategy 
31. Blue Ocean Strategy – 2
32. Blue Ocean Strategy - 3
33. Blue Ocean Strategy - 4
34. Blue Ocean Strategy - 5
35. Strategic Entrepreneurship

Week 8: Strategy can also be looked upon as and for
36. Strategy for Value creation 
37. Strategy from Different Perspectives: Fortune at the Bottom of the Pyramid
38. Strategy from Different Perspectives: Capitalism at the Crossroads
39. Strategy from Different Perspectives: Sustainable Value Framework
40. Strategy from Different Perspectives: Development as Freedom

Week 9: Crafting strategies - I
41. Designing Business Level Strategies
42. Designing and Strengthening Business Strategies
43. Corporate Level Strategy – 1
44. Corporate Level Strategy – 2
45. Designing Corporate Level Strategy

Week 10: Crafting Strategies- II 
46. Designing and Strengthening Corporate Level Strategy
47. Strengthening Company’s Competitive Position – 1
48. Strengthening Company’s Competitive Position – 2
49. Mergers and Acquisitions - 1
50. Mergers and Acquisitions - 2

Week 11: Strategic Execution
51. Corporate Governance - 1
52. Corporate Governance - 2
53. Corporate Governance – 3
54. Managing Internal Operations
55. Strategy Implementation 

Week 12: More ways to visualize and think about strategy
56. Strategy Evaluation 
57. The Black Swan
58. ESG and SDG
59. Stop Predicting
60. Conclusion

Books and references

1.Thompson, A.J., Peteraf, M., Gamble, J. and Strickland, A (2017). Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases, 21st Ed., McGraw-Hill Higher Education
2. Hanson, D., Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016). Strategic management: Competitiveness and globalisation. Cengage AU.
3. Kim, W.C. and Mauborgne, R.A. (2015). The Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant, Harvard Business Press
4. Porter, M. E.(2008) Competitive Strategy: Techniques for Analyzing Industries and Competitors, New York: Free Press
5. Taleb, Nassim Nicholas, 1960- author. (2007). The black swan : the impact of the highly improbable. New York :Random House
6. Taleb, Nassim Nicholas, 1960-. (2001). Fooled by randomness : the hidden role of chance in the markets and in life. New York :Texere
7. Grant, Robert M (2010). Contemporary Strategy Analysis: Concepts, Techniques, Application., 7th Edition. John Wiley & Sons

Instructor bio

Prof. Vinay Sharma

IIT Roorkee
Prof. Vinay Sharma is a Professor with the Department of Management Studies and a Joint Professor with Department of Design at Indian Institute of Technology (IIT) Roorkee, a 176 Years globally known Institution. He has around 30 years of Experience, in the areas of Strategic Management, Business Opportunity Development, Market Development, Marketing, Integrated Marketing Communication, Product and Brand Management, Innovation and Design Thinking, Brand Development; IT enabled Services, Spiritual Orientation for Market Prosperity Development, Forest Bio residue-based Energy as a practitioner and Teaching for past Twenty years.
One of his recent PhD projects, wherein he guided an IFS officer for developing a forest bio-residue briquetting machine to develop a value chain for household energy generation for the forest users of North-West-Himalayan region is in the phase of implementation and has been considered as a success story by NMHS (the project funding organization).
His book publications include ‘Stop Predicting-Revisit Life: Lessons from COVID-19 and 'Masters Speak on Management Education' in India, published by Bloomsbury India and ' Affordability for the Poor and Profitability for the Provider' wherein he has designed and proposed a specialized model acknowledged at various platforms. He has guided 14 PhDs, and One Post-Doctoral Research and 9 PhDs are being pursued. He has considerable experience of working with various organizations in the fields of Media, Information Technology and Social Development along with having worked with one of the largest read newspapers. Vinay Sharma has been teaching Strategy, Marketing and the allied subjects, at various prestigious institutions. He has contributed an Appendix on Rural Marketing in the 13th edition of Philip Kotler's Principles of Marketing

He was an associate and a member of the founding group of the Network of Asia Pacific Schools and Institutes of Public Administration, and Governance constituted by Asian Development Bank in December 2004. He has published and presented around 105 papers, Chaired sessions at National and International platforms, developed and published 16 case studies based on primary research and has conducted more than 200 workshops, seminars, FDPs and MDPs for CEOs and MDs along with senior executives. He is a member of the Editorial Board of several prestigious journals and is also the member of academic and advisory councils and Board of Management of prestigious institutions and bodies. He has also been a working group member of Ganga River Basin Environment Management Plan, a Pan IIT project.

He has Four courses floating on NPTEL platform, wherein, “Innovation in Marketing and Marketing of Innovation”, “Integrated Marketing Communication” and “Product and Brand Management” have been received well and a joint course titled “Innovation, Business Models and Entrepreneurship” has been running for several years with around 50,000 registrations in totality.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 02 November 2024 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Roorkee .It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team


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