Experimental and Engaging StrategyLaajuus (5 cr)

Learning objectives

1 The student is able to plan a business experiment.
2 The student understands possibilities and limitations of open strategy.
3 The student is able to organize and manage business experiments.
4 The student understands how to utilize the experimentation outcomes in decision making.

Contents

Themes of the course:
- Business experiments
- Organizing experiments
- Dynamics of open strategy
- Managing experiments
- Processing experimentation outcomes

Implementation methods, demonstration and Work&Study

Depending on the implementation, learning takes place in contact lessons, as independent studies, teamwork and/or online-studies. Learning methods include dialogic, experimental and collaborative contact lessons, simulation practices, guest lecturers, cases and the development of strategy models within student’s own organisation. The course includes the assessment of one’s own learning.

The studies and learning assignments seek to mirror everyday business in corporations and other organisations. The learning sessions may include guest lectures, visits and/or real-life cases to be solved. Students apply their learning with their current work environment.

Depending on the implementation, student backgrounds and work environments bring an international perspective to the course. Internationality can also be present through case studies, books, articles and assignments.

Depending on the implementation, pre-assignment is required. See the implementation plan for more information.

If students have acquired the required competence in previous work tasks, recreational activities or on another course, they can show their competence via a demonstration. The demonstration must be agreed with the course teacher.

Learning materials

Articles and other material in Moodle.

Lähtötaso ja sidonnaisuudet muihin opintojaksoihin

Recommended after completion of the following courses: Strategic thinking and growth strategies.

Assessment criteria - grade 1

- The student struggles to understand the entirety of business experiment planning.
- The student understands the concept of open strategy, but has an incomplete understanding of the possibilities and limitations of open strategy.
- The student does not demonstrate sufficient skills to lead business experiments, but is capable of functioning as part of a team.
- The student finds it difficult to grasp the connection between experimentation and decision-making.

Assessment criteria - grade 3

- The student has somewhat deficient capabilities to design business experiments.
- The student understands the possibilities and limitations of open strategy.
- The student comprehends how to organize and lead business experiments.
- The student has a fairly good understanding of how experimentation outcomes are utilized in decision-making.

Assessment criteria - grade 5

- The student has excellent capabilities to design business experiments.
- The student possesses an outstanding understanding of the possibilities and limitations of open strategy.
- The student can successfully organize and lead business experiments.
- The student demonstrates a strong comprehension of how experimentation outcomes are utilized in decision-making.

Further information

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25%, your grade will be lowered by one. If you are absent more than 50%, the course is failed.