When should someone from outside a company be hired to manage the company or one of its business units?

Understand issues related to strategic competitive advantage in diversified organizations

Gain insights into the strategy-making processes of different types of organizations

Reading

Required

Chapter 10.  strategy implementation: staffing and Directing

Chapter 11. Evaluation and control

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended

de Menezes, A. A., Soares, C. L. M., Poz, M. R. D., & Pinto, I. C. M. (2022). Application of the workload indicators of staffing need method to calculate the size of the medical staff at a maternity hospital in the state of Bahia, Brazil. Human Resources for Health, 19. https://doi.org/10.1186/s12960-021-00660-6

Steinmann, H. (2008). Towards a conceptual framework for corporate ethics: problems of justification and implementation. Society and Business Review, 3(2), 133–148. https://doi.org/10.1108/17465680810880062

Egbunike, P., & Unamma, A. (2017). BUDGETING, BUDGETARY CONTROL AND PERFORMANCE EVALUATION: Evidence from Hospitality Firms in Nigeria. STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, (26). https://doi.org/10.29358/sceco.v0i26.398

Test your knowledge (Max 100 words for every question)

Question 1

How can corporate culture be changed?

Question 2

When should someone from outside a company be hired to manage the company or one of its business units?

Week 10

Interactive Activity 10

Content Introduction

 

­­­Learning Outcomes

Understand issues related to strategic competitive advantage in diversified organizations

Communicate issues, results and recommendations coherently, and effectively regarding appropriate strategies for different situations.

Reading

Required

Chapter 12.  Suggestions for case analysis

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Test your knowledge (Max 100 words for every question)

Question 1

Why should you begin a case analysis with a financial analysis? When are other approaches appropriate?

Question 2

When should you gather information outside a case by going to the library or using the Internet? What should you look for