Strategic thinkingLaajuus (5 cr)

Objective

You understand the importance of strategic thinking in developing your business.
You understand the difference between a strategic thinker and an operational thinker.
You know how to use the decision-making process, models and tools to successfully implement long-term business goals.
You understand the importance of foresight, changes in the external environment and the forces behind them in strategic management.
You are able to define mission, vision, values and strategic goals.
You know how to use strategic analysis tools to develop business.
You are able to plan, use and evaluate key strategic management activities (strategic planning, implementation of strategy, etc.)

Content

What is strategic thinking, and what is its role in the development of a company?
What is the difference between strategic and operational thinkers?
What are effective decision-making processes, models and tools?
What are the basic concepts of strategic management?
What does foresight mean as part of strategic work?
How are strategic objectives defined?
How do you create effective strategic management policies and action plans?
How to implement strategy into action?

Evaluation

Students can
a. use professional vocabulary and concepts extensively and proficiently in different situations
b. use professional vocabulary systematically.
c. evaluate information sources critically
d. choose appropriate models, methods, software and techniques according to the purpose and justify these choices.
e. promote teams’ goal-oriented operation