Strategic Management
Code:
HSM208KName:
Strategic ManagementTeaching semester:
SpringLocations:
KristiansandYear:
2026 — 2027Teaching language:
EnglishStudy points:
10 Credits
After completing the course, the student has the following learning outcomes:
Knowledge
Students
- realize what is strategy, strategic management and why organisation needs them
- understand the approaches to strategic management, the ways to define the vision, mission, goals and strategy of organization, conduct internal and external research using well-known methods and tools for situational analysis.
- recognize the difference between strategy as a plan and strategy as a pattern
- explain how strategy processes can be managed and influenced through the design of vision, goals, assignments, principles and ethical guidelines
- understand the relationship between innovation and strategy and between resources, competencies and strategy
- describe important management and ethical challenges in the strategy subject
- know how to evaluate, implement and govern a strategy
- understand the goals and a role of sustainability and corporate social responsibility in managing organization
- know how to use the tools of Business intelligence in strategic management and realize the prospects of strategic management
Skills
Students
- can define the vision, mission, goals and strategy of organization, conduct internal and external research using well-known methods and tools for situational analysis (5F, SWOT, PESTEL, etc.)
- can determine a view of the future, develop different strategies, evaluate and choose a strategy
- can see the relationship between organizational structure, organizational culture and choice of strategic main direction
- describe different business models, understand and evaluate the business model in a specific business
- can analyze and understanding strategic choices at the business unit level and group level
- understand the relationship between strategic choices and strategy implementation
- see the ethical consequences of different strategic choices
- Formulate a change-oriented strategy and describe specific development needs to realize the strategy
- can set the goals and develop a strategy considering sustainability and corporate social responsibility
- can evaluate, implement and govern a strategy and use the tools of Business intelligence in strategic management
General competence
Students
- is able to apply the knowledge and skills to take part in the development of a wide range of organizations
- can demonstrate analytical abilities and have a professional breadth that makes the candidate well equipped to meet challenges in working life and have a good basis for admission to master's studies at home and abroad
- can integrate reality, values and professional ethical reflection
- The nature of strategic management.
- The classical approach to strategical management.
- Situational analysis.
- Strategy formation.
- Strategy planning and implementation.
- Corporate Governance and Ethics.
- Sustainability. Corporate social responsibility.
- Strategic management and Business intelligence.
- Strategic management in perspective.
The following coursework requirements must be approved before the students can present themselves for the final assessment:
1. Making an individual 10 minutes oral presentation on one of the theoretical points of course
2. Preparing a written case (strategy) of 5-10 pages on the practical points of course
After completing the course, the student has the following learning outcomes:
Knowledge
Students
- realize what is strategy, strategicmanagement and why organisation needsthem
- understand the approaches tostrategic management, the ways todefine the vision, mission, goals andstrategy of organization, conduct internaland external research using well-knownmethods and tools for situationalanalysis.
- recognize the difference betweenstrategy as a plan and strategy as apattern
- explain how strategy processes can bemanaged and influenced through thedesign of vision, goals, assignments,principles and ethical guidelines
- understand the relationship betweeninnovation and strategy and betweenresources, competencies and strategy
- describe important management andethical challenges in the strategy subject
- know how to evaluate, implementand govern a strategy
- understand the goals and a role ofsustainability and corporate socialresponsibility in managing organization
- know how to use the tools of Businessintelligence in strategic management andrealize the prospects of strategicmanagement
Skills
Students
- can define the vision, mission, goalsand strategy of organization, conductinternal and external research using well-known methods and tools for situationalanalysis (5C, SWOT, PEST, etc.)
- can determine a view of the future,develop different strategies, evaluate andchoose a strategy
- can see the relationship betweenorganizational structure, organizationalculture and choice of strategic maindirection
- describe different business models,understand and evaluate the businessmodel in a specific business
- can analyze and understandingstrategic choices at the business unit leveland group level
- understand the relationship betweenstrategic choices and strategyimplementation
- see the ethical consequences ofdifferent strategic choices
- formulate a change-oriented strategyand describe specific development needsto realize the strategy
- can set the goals and develop astrategy considering sustainability andcorporate social responsibility
- can evaluate, implement and govern astrategy and use the tools of Businessintelligence in strategic management
General competence
Students
- is able to apply the knowledge and skillsto take part in the development of a widerange of organizations
- can demonstrate analytical abilities andhave a professional breadth that makesthe candidate well equipped to meetchallenges in working life and have agood basis for admission to master'sstudies at home and abroad
- can integrate reality, values andprofessional ethical reflection
- The nature of strategic management.
- The classical approach to strategicalmanagement.
- Situational analysis.
- Strategy formation.
- Strategy analysis and choice.
- Strategy implementation.
- Strategy evaluation and governance.
- Business ethics. Sustainability. Corporatesocial responsibility.
- Strategic management and Businessintelligence.
- Strategic management in perspective.
The following coursework requirements must be approved before the students can present themselves for the final assessment:
1. Making an individual 15 minutes oral presentation on one of the theoretical points of course
2. Preparing a written case of 5 pages on one of the practical points of course
After completing the course, the student has the following learning outcomes:
Knowledge
Students
- realize what is strategy, strategicmanagement and why organisation needsthem
- understand the approaches tostrategic management, the ways todefine the vision, mission, goals andstrategy of organization, conduct internaland external research using well-knownmethods and tools for situationalanalysis.
- recognize the difference betweenstrategy as a plan and strategy as apattern
- explain how strategy processes can bemanaged and influenced through thedesign of vision, goals, assignments,principles and ethical guidelines
- understand the relationship betweeninnovation and strategy and betweenresources, competencies and strategy
- describe important management andethical challenges in the strategy subject
- know how to evaluate, implementand govern a strategy
- understand the goals and a role ofsustainability and corporate socialresponsibility in managing organization
- know how to use the tools of Businessintelligence in strategic management andrealize the prospects of strategicmanagement
Skills
Students
- can define the vision, mission, goalsand strategy of organization, conductinternal and external research using well-known methods and tools for situationalanalysis (5C, SWOT, PEST, etc.)
- can determine a view of the future,develop different strategies, evaluate andchoose a strategy
- can see the relationship betweenorganizational structure, organizationalculture and choice of strategic maindirection
- describe different business models,understand and evaluate the businessmodel in a specific business
- can analyze and understandingstrategic choices at the business unit leveland group level
- understand the relationship betweenstrategic choices and strategyimplementation
- see the ethical consequences ofdifferent strategic choices
- formulate a change-oriented strategyand describe specific development needsto realize the strategy
- can set the goals and develop astrategy considering sustainability andcorporate social responsibility
- can evaluate, implement and govern astrategy and use the tools of Businessintelligence in strategic management
General competence
Students
- is able to apply the knowledge and skillsto take part in the development of a widerange of organizations
- can demonstrate analytical abilities andhave a professional breadth that makesthe candidate well equipped to meetchallenges in working life and have agood basis for admission to master'sstudies at home and abroad
- can integrate reality, values andprofessional ethical reflection
- The nature of strategic management.
- The classical approach to strategicalmanagement.
- Situational analysis.
- Strategy formation.
- Strategy analysis and choice.
- Strategy implementation.
- Strategy evaluation and governance.
- Business ethics. Sustainability. Corporatesocial responsibility.
- Strategic management and Businessintelligence.
- Strategic management in perspective.
The following coursework requirements must be approved before the students can present themselves for the final assessment:
1. Making an individual 15 minutes oral presentation on one of the theoretical points of course
2. Preparing a written case of 5 pages on one of the practical points of course
High school certificate, One year higher education, English proficiency.
A modern manager must be able to see and plan for the future of organization. Manager's main functions include monitoring, analyzing and evaluating everything that the organization needs to achieve long-term goals and objectives. Therefore, the Strategic Management discipline, which gives students an understanding and the necessary knowledge and skills for the formation, selection, analysis, implementation, evaluation, and management of organization strategies, is needed to train a modern manager. However, modern working conditions in the markets require increased attention to the state of the environment and social factors that are included in this discipline. In addition, the digitalization of management processes makes it necessary to include in the discipline and issues of using business intelligence for the strategic management of an organization.
After completing the course, the student has the following learning outcomes:
Knowledge
Students
- realize what is strategy, strategicmanagement and why organisation needsthem
- understand the approaches tostrategic management, the ways todefine the vision, mission, goals andstrategy of organization, conduct internaland external research using well-knownmethods and tools for situationalanalysis.
- recognize the difference betweenstrategy as a plan and strategy as apattern
- explain how strategy processes can bemanaged and influenced through thedesign of vision, goals, assignments,principles and ethical guidelines
- understand the relationship betweeninnovation and strategy and betweenresources, competencies and strategy
- describe important management andethical challenges in the strategy subject
- know how to evaluate, implementand govern a strategy
- understand the goals and a role ofsustainability and corporate socialresponsibility in managing organization
- know how to use the tools of Businessintelligence in strategic management andrealize the prospects of strategicmanagement
Skills
Students
- can define the vision, mission, goalsand strategy of organization, conductinternal and external research using well-known methods and tools for situationalanalysis (5C, SWOT, PEST, etc.)
- can determine a view of the future,develop different strategies, evaluate andchoose a strategy
- can see the relationship betweenorganizational structure, organizationalculture and choice of strategic maindirection
- describe different business models,understand and evaluate the businessmodel in a specific business
- can analyze and understandingstrategic choices at the business unit leveland group level
- understand the relationship betweenstrategic choices and strategyimplementation
- see the ethical consequences ofdifferent strategic choices
- formulate a change-oriented strategyand describe specific development needsto realize the strategy
- can set the goals and develop astrategy considering sustainability andcorporate social responsibility
- can evaluate, implement and govern astrategy and use the tools of Businessintelligence in strategic management
General competence
Students
- is able to apply the knowledge and skillsto take part in the development of a widerange of organizations
- can demonstrate analytical abilities andhave a professional breadth that makesthe candidate well equipped to meetchallenges in working life and have agood basis for admission to master'sstudies at home and abroad
- can integrate reality, values andprofessional ethical reflection
- The nature of strategic management.
- The classical approach to strategicalmanagement.
- Situational analysis.
- Strategy formation.
- Strategy analysis and choice.
- Strategy implementation.
- Strategy evaluation and governance.
- Business ethics. Sustainability. Corporatesocial responsibility.
- Strategic management and Businessintelligence.
- Strategic management in perspective.
The following coursework requirements must be approved before the students can present themselves for the final assessment:
1. Making an individual 15 minutes oralpresentation on one of the theoretical pointsof course
2. Preparing a written case of 5 pages on oneof the practical points of course
