Contemporary business leaders must be able to operate in a dynamic and interconnected business world characterised by high levels of uncertainty and complexity. In this second foundational module of the Executive MBA, students improve their understanding of how strategic decisions and business management influence the economic performance of organisations. They will develop their strategic thinking, decision-making and business management skills by analysing complex issues, generating strategic choices and finding innovative solutions. Students will also learn that achieving strategic fit of an organisation with its environment requires leadership attention not only to economic considerations but to social and environmental ones, to deliver on its responsibilities, meet stakeholders' expectations, and ensure long-term profitability. Exploring both business unit and corporate strategy, students will engage in a strategic analysis of organisations and the environment they operate in, as well as generate strategic options using tools and frameworks, including design thinking and behavioural strategy. A component of the course will involve case discussions, which provide an opportunity for students to refine critical-thinking and decision-making skills by putting themselves into the shoes of a senior leader operating with often incomplete and asymmetric information. They will then work in teams on projects that address real-world strategic issues for an organisation, providing experiential-based learning about strategic thinking and problem-solving. The project will also give students opportunities to develop their team-building and leadership skills, as introduced in EMBA6002 Reframing Leadership, while further mastering strategic thinking and other business fundamentals.
Unit details and rules
| Academic unit | Management Education |
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| Credit points | 12 |
| Prerequisites
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None |
| Corequisites
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None |
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Prohibitions
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None |
| Assumed knowledge
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EMBA6000 |
| Available to study abroad and exchange students | No |
Teaching staff
| Coordinator | Massimo Garbuio, massimo.garbuio@sydney.edu.au |
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