Time Schedule:
Corey C Phelps
MGMT 430
Seattle Campus
Develops strategic thinking skills for balancing opportunities and risks of business competition to generate superior value for stakeholders. Performs in-depth analyses of industries and competitors, predicts competitive behavior, and explores how firms develop and sustain competitive advantage over time. Prerequisite: FIN 350; MKTG 301; either HRMOB 300 or MGMT 300; recommended: OPMGT 301. Offered: AWSp.
Class description
Why are some firms more successful than others?
This is the fundamental question of strategy. This course is designed to study competition from the perspective of top management. A principal concern of managers is the relationship between the organization, its strategy, and its environment. This relationship is complex, uncertain, and always changing. Top managers shape and guide this relationship, making strategic decisions that change the organization's capabilities, shift its position in the environment, or lead the firm into a new business. Consequently, this course has been designed to introduce students to the different aspects of strategic decision-making. For the most part, we will tackle the complexity and ambiguity of strategic decision making through discussions of case studies that provide rich descriptions of situations that are faced by real companies that either fail or succeed.
Student learning goals
General method of instruction
Recommended preparation
Class assignments and grading
