Strategic management and Business Policy

Subject	Strategic management and Business Policy
Semester	5th Semester (autumn)
Type	Required
ECTS	6 ECTS
Study programme:	Business studies
Primary language:	Slovene

Introduction
The course will be carried out in the Slovene language and is an obligatory course in accordance with an officially approved curriculum of the Undergraduate Degree Program in Business Sciences.
 
Preconditions
Students must have sufficient knowledge of the Slovene language so that they can communicate with lecturers and other students, follow the lectures and understand the study materials.
 
Goals

• Understanding the significance of the strategic planning process (the dimensions of vision, mission, fundamental goals), strategies and strategic allocation of resources for the development and business success of companies and other similar organizations.
• Understanding who and why participates in individual stages of strategic planning, implementation and control, and in what way.
• Get to know basic and selected modern tools for implementing these processes both at the policy level as well as at the level of strategic management, and for linking both with the operational level in companies.

 Competencies

• To acquire problem solving skills based on quantitative and qualitative information.
• To develop the ability to foresee situations and anticipate events as well as being able to recognize and interpret an economic situation within a specific context.
• To develop decision-making skills.
• To acquire skills for independent learning.
• To be able to express ones' ideas and formulate arguments in a logical and coherent way, both verbally and in written form.
• To be able to create arguments which are conducive to critical and self-critical thinking.
• To develop skills for adapting to new situations.
• To acquire mechanisms that facilitate the adoption of ethical commitments.
• To be able to analyse business-related behaviour and decisions and evaluate them from an economic, social and ethical point of view.
• To acquire the ability to put knowledge into practice.
• To be able to develop abilities for interpersonal relationships and teamwork.
• To understand the strategic aspect of the company's management function and to understand its objectives.
• To be able to understand and use basic management concepts and principles.

Learning outcomes
After passing the exam, the student will understand the strategic management function of the company.

Syllabus

• Basic concepts in strategic management
• Strategic management process
• Environmental analysis and analysis of own resources
• Mission, vision and goals
• Strategies (corporate, business, functional)
• Implementation of the strategy
• Creating an organizational structure
• Designing a strategic control system
• Implementation of strategic change

Teaching and learning activities

• Teacher explanations
• Group project work
• Individual work

Evaluation systems and criteria

• Evaluation system consists of: seminar work (25% of the weight), individual participation (25% of the weight) and a written exam (50% of the weight).
• Regardless of the calculation taking into account the individual weights, first the written exam must have the positive evaluation.

Teaching and learning material

• Hunger, David; Wheelen, Thomas L. 2010. Essentials of Strategic Management. Pearson.
• Vaupot, Zoran. 2018. Strateški management in politika podjetja, zapiski predavanj. Ljubljana: Fakulteta za pravo in poslovne vede.
   

Office hours

• Before and after the lectures
• By agreement