Admission requirements
None.
Description
In a turbulent world, it is important that managers and entrepreneurs, but also professionals, specialists and lawyers, have the right knowledge and competences to permanently adapt companies to changing circumstances. Today's success does not automatically mean tomorrow's success. Socio-cultural, political, technological and economic trends influence customer preferences, as well as the behavior of competitors. A competitive advantage is therefore always temporary, so companies must be constantly on the move.
This course covers the conceptual framework of strategic management and leadership. It discusses the nature of strategy, strategic analysis prior to the formulation of strategy, as well as the implications of implementation of strategy. The emphasis is on better understanding the focus on strategic management, the core concepts, through practical exercise on international business cases.
Course objectives
The aim of this course is for students to get acquainted with the principles of the theory and practice of strategic management and leadership. After this course, the student is able to analyze the external environment of an organization based on strategic management models and understand how strategies arise and develop further. The student will also be able to recognize strategic problems in a practical situation (case), analyze them and come up with solutions. All this is reflected in a case analysis to be written in a group. Every week the students have to study cases. A final version of the case analysis must be submitted at the end of the course.
By the end of this course, students will be able to:
Explain what the strategic management and the strategic management process entail, distinguishing between different perspectives on formulating a strategy in the context of analysis and implementation;
Apply the most basic terms and concepts of the field to different case studies from practice and formulate solutions from them;
Analyse the general environment and the competitive environment and evaluate resulting strategies;
Apply the resource-based view of strategy analysis and establish a relationship with the performance of organizations;
Identify and formulate 'business-level' and 'corporate-level' strategies;
Explain the role of strategic leadership and corporate governance in the implementation of strategy;
Argue positions taken on Harvard case method case studies using basic models, concepts and theories about strategic management.
Timetable
Check MyTimetable.
Mode of instruction
Lectures
Number to 2 hours: 7;
Instructor: Mr. R.K. Kemp;
Required preparation by students: study of relevant chapters and scientific articles per week.
Workgroups
Number to 2 hours: 7;
Instructor: Mr. R.K. Kemp
Required preparation by students: reading and preparing a case and scientific articles per week
Assessment method
Exam, consisting of open and closed questions (70%);
Group case analysis (20%);
Attendance and Participation in the working groups (10%).
For the exam, at least the grade 5.0 must be obtained. The written exam concerns the final test of the course and is the only part of the partial tests that can be retested.
The sub-tests 'case analyses in a group' and 'participation during the working groups' cannot be retested. The grades of the closed parts can be taken into account for the resit, but not for the following year (partial grades will therefore only remain valid during the academic year).
Areas to be tested within the exam
The exam material includes the mandatory literature, the prescribed cases and scientific articles and what has been discussed during lectures, working groups and during any other forms of education.
Regulation retake passed exam
In this course it is possible to retake an exam that has been passed (cf. art. 4.1.8 and further of the Course and Examination Regulations) on the condition that this course is not part of the minor. Students who have passed the exam may retake the final written assessment (test) of the course if they meet certain requirements. For more information, go to the website > ‘Law’ tab > ‘Retake a passed exam’.
Reading list
Mandatory literature
Literature:
Anthony Henry – Understanding Strategic Management, Oxford University Press, Fourth Edition, 2021. ISBN: 978-0-19-885983-3.
(Current) scientific articles, management articles and cases (these are published on Brightspace).
Registration
Registration for courses and exams takes place via MyStudymap. If you do not have access to MyStudymap (guest students), look here (under the Law-tab) for more information on the registration procedure in your situation.
Contact
Course coordinator: Mr. R.K. Kemp;
Working address: KOG, Steenschuur 25, 2311 ES Leiden. Roomnumber B2.26;
Accessibility: Monday to Friday from 9:00 am to 5:00 pm
Phone: 071-527 7851
E-mail: r.k.kemp@law.leidenuniv.nl.
Institute/division
Institute: Institute of Tax Law and Economics;
Department: Business Studies;
Address secretariat: KOG, Steenschuur 25, 2311 ES Leiden. Roomnumber B2.26;
Opening hours: Every working day (except Wednesday) from 09:00 - 17:00;
Telephone secretariat: 071 – 527 7851;