Elective Course: Corporate Strategy

Course Objective:

To introduce students to:-

• The concerns that impact a firm's choice of strategy, scope, and organization, and to offer tools and concepts that allow students to critically examine the creation of corporate advantage.
• The trends in corporate diversifications; dynamics of multi-business operations and the challenges facing the corporate strategists in creating value in multi-market operations.

Detailed Curriculum:

• Framework of corporate strategy;
• Vision, goals and objectives;
• Resources – developing and leveraging strategic assets;
• Scope of a firm – horizontal and vertical dimensions of scope, economic rationale of scope selection;
• Related and unrelated diversifications;
• Multi-market rivalry – mutual forbearance, moderators thereof;
• Parenting advantage;
• Implementing corporate strategy – organizational structure, systems and processes;
• Creating corporate advantage - A system of value creation,
• A continuum of effective corporate strategies,
• Evaluating corporate strategies;
• Corporate governance – agency problems, administrative context;
• Corporate transformation – failures and remedies.