Learning Outcomes |
On successful completion of this module the learner will be able to: |
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Learning Outcome Description |
LO1 |
Critically assess the importance of strategic management principles. |
LO2 |
Analyze strategy in the context of strategic planning and strategic thinking. |
LO3 |
Critically evaluate the principles of strategic management, focusing on leadership and change management. |
LO4 |
Evaluate the key strategic management tools, including performance measurement, in a bioscience based organisational context. |
LO5 |
Critically appraise the processes of change management. |
LO6 |
Assess responsible practice and ethics in research and development in the biosciences. |
Indicative Content |
An introduction to Strategic Management in the Biosciences
An introduction to the importance of strategic management principles in the biosciences, including an analysis of strategy and an overview of the difference between strategic planning and strategic thinking.
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Strategic Management Tools and Techniques
An introduction to the key strategic management tools, including SWOT, PEST, Porter’s Five Forces, Scenario planning and Cultural Web Analysis and an analysis of their application in an organizational context.
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Performance measurement
Define and measure ‘best practice’ in an organizational context, including tools such as the Balanced Scorecard and Strategic Triangle.
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Change Management
An introduction to organizational change, including a detailed overview of key change management models appropriate to the biosciences.
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Leadership
A detailed overview of strategic management and operational management. An analysis of the key leadership styles and their associated strengths and weaknesses. An introduction to best practice in leadership for change management.
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Ethics and responsible practice
An introduction to the importance of ethics and responsible practice in research and development, including an overview of MTU’s research ethics procedures.
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The University reserves the right to alter the nature and timings of assessment
Module Resources
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Recommended Book Resources |
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Allen C Amason,Andrew Ward. (2020), Strategic Management, 2. Routledge, p.304, [ISBN: 9780367430061].
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Supplementary Book Resources |
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Morgen Witzel,Taylor & Francis Group. (2022), Management, 2. Routledge, p.224, [ISBN: 9780367775124].
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Supplementary Article/Paper Resources |
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Portny, S. E., and J. Austin. (2002), Project management for scientists, Science.
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This module does not have any other resources |
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