Foundations of Strategy
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Aim and purpose
Foundations of strategy is a core course in the Strategy and Organization master. It presents the theories that comprise state-of-the-art in strategy research. This level of knowledge provides a foundation for the further courses in the strategy and organizations profiles.
The aim of this course is to:
- provide a comprehensive understanding of standard approaches to analyze competitive advantage at the firm, industry and network levels
- give the students skills in using the principles laid out in this course to examine and solve strategic problems for a master thesis and in a managerial career.
Content
Issues relating to strategic decisions and market processes are an integral part of these topics. The most influential recent contributions to theories about strategy are presented, including theories of industrial organization and technological change, competence- and resource-based theory, transaction cost and property rights economics as well as relational approaches.
This course is centered on three main topics:
- Industry and context analysis: Market Power and Dominant Firms; Market Power and Product Quality; Strategic Behavior with Applications (advertising, R&D, learning); Conducting an analysis of markets, industries and strategic groups.
- Analysis of the firm: The Resource Based View; rent analysis; bargaining; dynamic capabilities.
- The Structure and Boundaries of the firm: Transaction Costs and Property Rights; Relational rents; Diversification and Integration; Identifying sources of competitive advantage; Analysis of markets and asset stocks.
Learning goals
The aim is that students, by participation in this course, can:
- Describe, evaluate and use the theories that represent state-of-the-art in strategy research.
- Conduct an informed, insightful, and well-structures strategic analysis of firms and industries.
- Analyze strategic problems relating to ownership, including the boundaries and structure of the firm.
- Use the principles laid out in this course to examine and solve strategic problems for a master thesis.
Literature
Teaching Method
Workload
Scheduled classes:
3 hours weekly in 15 weeks.
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These activities result in an estimated distribution of the work effort of an average student as follows:
- Lectures: 45 hours.
- Preparation for class: 200 hours.
- Exam, including preparation: 25 hours.
- In total: 270 hours.
Examination regulations
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It is not allowed to communicate with others.
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Additional information
In situ exam at SDU, students using their own computers.
Internet Access: Necessary.
The examination is based on 2-5 broad questions that invite independent thinking and use of the material taught in this course.
EKA
External comment
Courses offered
Offer period | Offer type | Profile | Education | Semester |
---|---|---|---|---|
Fall 2018 | Optional | MA Negot 120 ECTS German language profile International Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Arabic language profile International Market Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS German language profile Global Marketing Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Spanish language profile International Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS English language profile International Communication Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Arabic language profile Global Marketing Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS German language profile International Communication Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS English language profile International Market Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Spanish language profile Human Ressource Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS German language profile International Market Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Spanish language profile Global Marketing Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Arabic language profile Human Ressource Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Arabic language profile International Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Arabic language profile International Communication Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS English language profile Global Marketing Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Spanish language profile International Market Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS English language profile Human Ressource Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS Spanish language profile International Communication Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS German language profile Human Ressource Management | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Optional | MA Negot 120 ECTS English language profile International Relations | Master of Arts (MA) in Business, Language and Culture | Odense | |
Fall 2018 | Mandatory | Management Accounting - Combination 3 | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | 1 |
Fall 2018 | Mandatory | Strategy and Organization (optag før 1. september 2017) | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | 1 |
Fall 2018 | Mandatory | Management of Innovation Processes | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | 1 |
Fall 2018 | Mandatory | Management Accounting - Combination 1 | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | 1 |
Fall 2018 | Mandatory | Strategy and Organization (ikrafttræden pr. 1. september 2017) | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | 1 |
Fall 2018 | Optional | Global Logistics and Supply Chain Management - Accounting Combination | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Brand Management and Marketing Communication | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Human Resource Management (ikrafttræden pr. 1. september 2017) | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | International Business and Marketing (ikrafttræden pr. 1. september 2017) | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Accounting and Finance | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Global Marketing and Consumer Culture | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | International Business and Management (ikrafttræden pr. 1. september 2017) | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Global Logistics and Supply Chain Management - Organization Combination | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Management Accounting - Combination 2 | MSc in Economics and Business Administration | Master of Science (Msc) in Economics and Business Administration | Esbjerg, Soenderborg, Slagelse, Odense, Kolding | |
Fall 2018 | Optional | Cand.merc.aud. - Odense - 140 ECTS - HD-R (sidste optag 1. september 2017) | Master of Science (MSc) in Business Economics and Auditing | Master of Science (MSc) in Business Economics and Auditing | Odense, Kolding | |
Fall 2018 | Optional | Cand.merc.aud. - Odense - 120 ECTS (sidste optag 1. september 2017) | Master of Science (MSc) in Business Economics and Auditing | Master of Science (MSc) in Business Economics and Auditing | Odense, Kolding | |
Fall 2018 | Optional | Cand.merc.aud. - Odense - 140 ECTS - HD-F (sidste optag 1. september 2017) | Master of Science (MSc) in Business Economics and Auditing | Master of Science (MSc) in Business Economics and Auditing | Odense, Kolding | Fall 2018 | Exchange students |
Teachers
Name | Department | City | |
---|---|---|---|
Michael Christensen | chm@sod.dias.sdu.dk | Odense | |
Thorbjørn Knudsen | tok@sod.dias.sdu.dk | Odense | |
Ulrik William Nash | uwn@sod.dias.sdu.dk | Odense |