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22641-01 - Vorlesung: Competitive and Corporate Strategy (3 KP)

Semester Herbstsemester 2012
Angebotsmuster unregelmässig
Dozierende Jeffrey Macher (jeffrey.macher@unibas.ch, BeurteilerIn)
Inhalt Competitive and Corporate Strategy is concerned with managing the competitive position and long‐term development of the business enterprise in order to ensure its survival and success. Every firm must create and sustain a competitive advantage if it is to survive and prosper over the long‐term. This course provides frameworks, tools and concepts to help students analyze and understand the creation of competitive advantage. Industries differ in the extent to which they provide opportunities for sustained profitability. Industries also evolve over time, providing firms with continuously changing opportunities and threats. Finally, firms in an industry jockey for position through their actions and interactions. Every firm seeks to obtain a competitive position in an industry through an appropriate configuration of its assets and products in order to generate superior value for its customers. The first section of the course takes us through the challenges of external analysis. While industry and competitor analysis provides firms insights into what they must do to succeed, it does not throw much light on what they can do. Resource and capability analysis (and the investigation of the firm’s ‘core competence’) provides an insight into firms’ strengths and weaknesses (as they relate to the external environment). An understanding of firms’ internal strengths enables them to fully exploit and build their capabilities to compete successfully. The second section of the course focuses on internal analysis. Based on the results of the above external and internal analyses, firms must choose strategies that lead to value creation and value capture, as well as a sustained ability to compete. The third section of the course deals with strategies for sustaining competitive advantage. While competitive strategy focuses within the context of a particular industry, another important aspect is corporate strategy. Corporate strategy examines the question of the appropriate scope of a firm’s activities. In particular, the advantages and disadvantages of various forms of diversification (i.e., geographic, horizontal and vertical) and develop several frameworks for assessing the design and implementation of strategy across multiple lines of business. Students are placed in the position of key decision makers (or their advisors) and are asked to solve problems related to the development or maintenance of the competitive advantage of the firm. Readings and cases developed by leading researchers and practitioners in the field are used to provide contextual familiarity and teach the tools and skills required for competitive analysis.
Literatur All readings are taken from the book, Contemporary Strategy Analysis (7TH Edition: Wiley Publishers), by Robert Grant. The course packet consists of eight cases. The reading list provides detailed information on the readings and cases to be prepared for each class session, as well as assignment questions for the cases.
Bemerkungen Time schedule:all lectures in room S13, Economics Department
Monday, July 30, 2012 / 14.00-16.30h
Tuesday, July 31, 2012 / 13.00-15.30h
Thursday, August 2, 2012 / 13.00-15.30h
Friday, August 3, 2012 / 13.00-15.30h
Monday, August 6, 2012 / 14.00-16.30h
Tuesday, August 7, 2012 / 13.00-15.30h
Wednesday, August 8, 2012 / 13.00-15.30h
Thursday, August 9, 2012 / 13.00-15.30h
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Unterrichtssprache Englisch
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Intervall Wochentag Zeit Raum

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Module Modul Wahlbereich (Master Wirtschaftswissenschaften)
Prüfung Semesterendprüfung
Hinweise zur Prüfung Take home exam
Grading will be based on your performance in class participation, two case short assignments, one case write‐up submission, and a final exam. The grading weights are as follows:
Class Participation 25%
Case Short Assignments (2) 10%
Case Write‐ups (1) 20%
Final Examination 45% (Take-Home-Exam (right after the course))
An-/Abmeldung zur Prüfung An- und Abmelden: Dozierende
Wiederholungsprüfung keine Wiederholungsprüfung
Skala 1-6 0,1
Belegen bei Nichtbestehen beliebig wiederholbar
Zuständige Fakultät Wirtschaftswissenschaftliche Fakultät / WWZ, studiendekanat-wwz@unibas.ch
Anbietende Organisationseinheit Abteilung Wirtschaft und Politik

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