•   Strategy in Practice STR4HM102-3020 24.03.2025-16.05.2025  5   (EVENING, ...) +-
    Learning objectives
    -The student understands what constitutes a well-crafted and actionable strategic plan.
    - The student learns to comprehend the traditional strategic process and how to make it more agile.
    - The student evolves in understanding the problematics related to selecting and using strategic tools.
    Starting level and linkage with other courses
    This course is recommended to be taken after Strategic Thinking and Growth strategies course.
    Contents
    The contents may vary somewhat depending on the course implementations. However, in all implementations, the contents aim at the aforementioned learning objectives.
    Assessment criteria
    Assessment criteria - grade 1
    - The student can identify aspects related to a well-crafted and actionable strategic plan.
    - The student has a rough idea of what the traditional strategic process entails but struggles to address how it can be made more agile.
    - The student's understanding of the problematics related to selecting and using strategic tools is clearly lacking.
    Assessment criteria - grade 3
    - The student understands what constitutes a well-crafted and actionable strategic plan.
    - The student knows what the traditional strategic process entails and can to some extent address how it can be made more agile.
    - The student's understanding of the problematics related to selecting and using strategic tools is somewhat lacking.
    Assessment criteria - grade 5
    - The student has an excellent understanding of what constitutes a well-crafted and actionable strategic plan.
    - The student demonstrates a first-rate understanding of the traditional strategic process and how it can be made more agile.
    - The student exhibits a high-level understanding of the problematics related to selecting and using strategic tools.
    Further information
    Depending on the implementation the course may include pre-assignments. Further information will be provided in the Implementation Plan.

    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.
    Teaching methods and instruction

    The online implementation makes use of a research and development approach to learning, with an emphasis on both teamwork and independent study.

    The weekly online meetings include lectures and presentations on the topics as well as related small group work.

    The implementation follows the Flipped Classroom approach, whereby students are encouraged to study in advance each week's learning material, which will be applied in the online meetings.

    Responsible person

    Juha Olava

    Learning material and recommended literature

    Baliga, R.M. Santalainen, T. 2016. Rethinking strategy.
    Johnson, M. W., Suskewicz, J. 2020. Lead from the Future. e-Book.
    Kim, C. - Renee Mauborgne. 2005. Blue Ocean Strategy.
    Marting R. - Lafley A.G., 2013. Playing to win: how strategy really works. Harvard Business Review Press.
    McGrath, R. 2019. Seeing around corners : how to spot inflection points in business before they happen, e-Book.
    Minzberg H. - Ahlstrand B. - Lampel J, 1998. Strategy Safari. Prentice Hall.
    Tighe, S. 2019. Rethinking Strategy. e-Book.
    Additional, recommended readings and journal articles listed in Moodle.

    Working life connections

    The assignments of the implementation are linked to the current strategy work practices - both in private and public organizations.

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    No exam!

    Teaching language

    English

    Internationality

    Students’ backgrounds and work environments will bring an international perspective to the implementation. Internationality is present through teamwork, course books, articles and assignments.

    Timing

    24.03.2025 - 16.05.2025

    Learning assignments

    Team assignments: Assignment 1: Strategic analysis of a chosen company/organization. Assignment 2: Foresight/scenario work See more specific instructions of the learning assignments in Moodle.

    Enrollment

    07.01.2025 - 21.03.2025

    Content scheduling

    Weekly agenda for the Zoom online sessions on Tuesdays starting 25th March 2025 at 17.40:
    25th March: Kick-off including an introduction of the learning objectives, learning material, assignments and learning methods
    1st April: Strategic planning & preparedness
    8th April: Positioning vs. continuous adaptation
    15th April: Principles and practices of execution
    22nd April: Strategic re-framing
    29th April: Foresight and scenario work
    6th May: Crafting a strategic narrative
    13th May: Feedback and key takeaways

    Groups
    • EVENING
    • MASTRE
    • EXCH
    • ONLINE
    • MASTROME
    Alternative learning methods

    If a student would like to proceed according to the RPL process s(he) should contact the instructor of the implementation during the pre-enrollment week or latest when attending the first lecture.

    Assessment criteria

    According to the HH's course feedback procedures.

    Teachers

    Olli Laintila

    Seats

    31 - 60

    Further information

    Assessment:
    • Teamwork of the Assignments 1 and 2: 100 %
    There will be no extra assignments given to compensate for absences.

    Degree Programme

    STROME Degree Programme in Strategising in Organisations, LEBUM Degree Programme in Leading Business Transformation, HOSBUM Degree Programme in Tourism and Hospitality Business

    R&D proportion

    0.00 cr

    Virtual proportion

    2.00 cr

    Evaluation scale

    H-5