MGMT09030 2022 Strategic Leadership and Planning

Explore the major theories of strategic change and strategic leadership.

Illustrate the importance of managing change in complex business environments.

Critically examine and demonstrate an understanding of emerging technologies and how they can be applied in practice to maximise performance and efficiency.

Engage with and critically evaluate the key dynamic capabilities required for existing and future leaders.

Understand the critical role of financial management to enterprise scaling up  and strategic innovation.

The teaching and learning strategies engaged with for this module will be in real-time delivery and wil be dependent on the topic. It could include case study, live lectures and live tutorials. Students' understanding and previous work experience will be explored and how Strategic Leadership and Planning fits into an organisation's success.

• Students will undertake a feasibility study of a proposed and planned strategic plan, considering SWOT and PESTLE (10%).
• The students will put all their learning together and develop an evidence-informed strategic plan for an organisation (80%).
• Students will engage with a weekly blog, exploring and charting their learning and engaging with peers on topics discussed in the previous weeks learning (10%)

LO1) Explore the major theories of strategic change and strategic leadership.

Students will undertake a review of strategic leadership practices in public, private and third sector organisations. They will examine strategic leadership theories such as Upper Echelons Theory, Role Theory, Agency Theory, Adaptive Structuration theory and Complexity theory, and determine their relevance to today's dynamic marketplaces. Students will also reflect on their own leadership approach and identify possible areas for improvement as they prepare to scale up their enterprise.

LO2) Illustrate the importance of managing change in complex business environments

Students will identify the key role of leadership in managing change in complex business environments to understand possible implementation obstacles and the factors contributing to strategy implementation failures. They are expected to explore the change management process through the works of Mintzberg, Kotter and others. Learners will also examine the importance of market disruption in terms of tighter industry regulation and changing customer behaviour and reflect on these in terms of transformational and incremental change. Learners will also consider the importance of creating an empowering organisational culture to support strategic renewal and agile working environments.

LO3) Critically examine and demonstrate an understanding of emerging technologies and how they can be applied in practice to maximise performance and efficiency

The proliferation of SMAC IoT (social, mobile, analytical, cloud and the Internet of things) technologies disrupting industry will be considered in tandem with the challenge of scaling up existing enterprises. This will require the learner to reflect on the contribution of digital technologies to organisations to improve performance and increase operational efficiency. Learners will also examine the existing literature on leading digital transformation and how senior leaders can use these technologies to create and capture value internally by exploiting existing capabilities and externally by exploring opportunities presented in the digital ecosystem.

LO4) Engage with and critically evaluate the key dynamic capabilities that are required for existing and future leaders

Students will explore the topic of dynamic capabilities that are required for existing and future organisations. Learners are expected to consider the dynamic capabilities perspective through the works of Adner and Helfat, Barney and Teece to understand the dynamic managerial capabilities required for a scale-up enterprise. Learners will also develop an understanding of the importance of taking a holistic approach to developing their digital business strategy and the importance of strategically aligning their business and IS strategy when developing their strategic plan to future proof the organisation

LO5) Understand the critical role of financial management  to enterprise scaling up  and strategic innovation

The student will develop their ability to analyse and interpret the financial statements of varying organisations, apply management accounting techniques and appreciate the role they play in the planning, control and decision-making process and develop an understanding of the role of financial strategy in the investment, finance and resource allocation decisions when the organisations is scaling up