Course Objectives: |
Rapid changes that are seen today effect the business environment in both ways, positively or negatively. There are many opportunities and threats among the environment of the firms that we express as open systems. These business firms, according to their strengths and weaknesses, may yield profit above or below the average. Firms should develop strategies and become more competitive than their competitors by making situation analysis to continue their existence in their environment. In other words, firms should gain competitive advantage and sustain this in the long run. In the scope of this course, strategies the related methods that are needed to continue the firms’ existence in the short-medium- lung run will be discussed and analyzed. |
Course Content: |
Basic terms and concepts related with strategic management, Strategic management process and factors, external and internal environment analysis, measuring environmental factors and situation decision matrices, strategic guidance, basic and sub strategies, top management (institutional) strategies, business management (competition) strategies, functional (divisional) strategies, international strategies, application of strategies, strategical assessment and control, sample case studies. |
Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
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Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) To be able to relate all functional areas of the businesses
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2) To be able to make analysis about the inside and outside of the businesses
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3) understanding the implementation, evaluation and control phases of the strategies.
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Skills
(Describe as Cognitive and/or Practical Skills.)
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1) To be able to identify the strategic goals and objectives based on the result of the strategic analysis
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2) To be able to develop strategies that will enable the business to achieve its strategic goals and objectives
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3) Developing alternative solution proposals for the problems that will be encountered in application to each stage of the strategic management process.
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Competences
(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
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Week |
Subject |
Materials Sharing * |
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Related Preparation |
Further Study |
1) |
Strategic management and related concepts |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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2) |
Strategic management process and factors |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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3) |
External environment analysis |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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4) |
Business analysis |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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5) |
Measuring environmental factors and situation decision matrices |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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6) |
Strategic guidance |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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7) |
Basic strategies and sub groups |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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8) |
Midterm |
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9) |
Top management strategies andf institutional strategies |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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10) |
Business management startegies, competition strategies |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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11) |
Functional strategies, divisional strategies |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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12) |
International strategies |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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13) |
Application of strategies |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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14) |
Strategic assessment and control |
Hayri Ülgen and Kadri Mirze, İşletmelerde Stratejik Yönetim, Beta, 2010, October.
Reading the related chapter and other resources to be obtained
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(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
Explains the basic and theoretical knowledge necessary for business administration. |
5 |
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1.1 Remembers the basic functions of the business. |
5 |
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1.2 Evaluates various processes in business management from a systematic perspective. |
5 |
2) |
Improves the vision of problem solving by using case method in various subjects in the field of business management. |
5 |
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2.1 Evaluates the knowledge and skills acquired in the field of business management with a critical approach. |
5 |
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2.2 Develops problem solving and decision making skills through individual and team work. |
2 |
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2.3 Develops appropriate business strategies in changing conditions, taking into account the benefits of stakeholders. |
5 |
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2.4 Understands the importance and necessity of adapting to changes in the technological and business environment. |
5 |
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2.5 Demonstrates the ability to manage employees and processes in a dynamic business world. |
5 |
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3) |
Can use the methodological information effectively in scientific research and decision-making studies and reports the results in an analytical approach. |
5 |
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3.1 It produces solutions by considering the problems encountered in the field of business with an analytical way of thinking. |
5 |
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3.2 İşletme yönetiminin değişik alanlarında yeni fırsatlar yaratabilecek projeler üretebilme yetkinliği kazanır. |
5 |
4) |
Develops the competencies defined as institutional outcomes of our university at the professional level in business and / or academic life, developing above the undergraduate level competencies, in line with the expectations of the business world and society. |
5 |
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4.1 Develop a competence to analyze and solve problems and manage conflicts at the level of expertise. |
5 |
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4.2 Taking part as a team member in environments that require the resolution of problems and leads when necessary. |
5 |
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4.3 Evaluate the existing norms and standards critically, and develop innovative and entrepreneurial ideas |
5 |
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4.4 Being aware of advanced technology and digital transformation possibilities in work area. |
5 |
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4.5 By supporting what they have learned with quantitative and qualitative data; transfers to groups in and out of the field in a systematic and impressive manner by using written, verbal and visual communication tools. |
3 |
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4.6 Having cultural awareness and transfers it to groups outside and within the field. |
3 |
WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
3 |
42 |
Laboratory |
0 |
0 |
0 |
Application |
0 |
0 |
0 |
Special Course Internship (Work Placement) |
0 |
0 |
0 |
Field Work |
0 |
0 |
0 |
Study Hours Out of Class |
14 |
2 |
28 |
Presentations / Seminar |
0 |
0 |
0 |
Project |
0 |
0 |
0 |
Homework Assignments |
1 |
15 |
15 |
Total Workload of Teaching & Learning Activities |
- |
- |
85 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
2 |
20 |
40 |
Midterms |
1 |
30 |
30 |
Semester Final Exam |
1 |
40 |
40 |
Total Workload of Assesment & Evaluation Activities |
- |
- |
110 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
195 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
8 |