Description

Course Description – Fundamentals of Governance and Strategic Management

This course provides students with a comprehensive introduction to the principles of corporate governance, enterprise policy, and strategic management. It examines the roles of governance, leadership, and management in achieving organisational objectives and creating sustainable competitive advantage. Students develop an understanding of how strategic decisions are formulated, implemented, and evaluated within dynamic business environments.

The course covers key topics including enterprise types and environments, corporate governance, ethics, organisational culture, sustainable development, vision and mission development, stakeholder management, enterprise policy, strategic analysis, strategic opportunities, strategy formulation, and the institutional, process, and instrumental dimensions of strategic management. Through lectures, case studies, and collaborative learning activities, students strengthen their ability to analyse organisational challenges, evaluate strategic alternatives, and develop effective governance and management solutions.

Upon successful completion of the course, students will be able to apply the principles of governance and strategic management to organisational contexts, formulate strategic objectives and policies, assess stakeholder interests, evaluate strategic options, and support sustainable organisational development while demonstrating ethical and professional responsibility.

Learning Outcomes

Development of knowledge and understanding: 1. Acquire comprehensive knowledge in the area of governance, enterprise’s policy and strategic management. 2. Have a detailed knowledge of theories in the area of enterprise’s policy content and process as well strategies and strategic management processes. 3. Are able to explain interconnections between governance, enterprise’s policy and strategic management. 4. Develop skills to review the gained results in the field of policy (normative) and strategic developmental solutions. 5. Are aware of personal and professional responsibility in the field of governance, enterprise’s policy and strategic management. 6. Are able to demonstrate a critical ethical dimension in their work. Cognitive/Intellectual skills: 1. Can apply critical analysis of data in solving real and abstract professional problems, without guidance. 2. Get the ability to search for and synthesize new information from the field of enterprise’s policy and strategic management in literature and praxis and to place them in appropriate professional frame. 3. Can select appropriate techniques for complex problem solving and are able to evaluate the reliability, validity and significance of results gained. 4. Can identify key aspects of problem from different view points and are able to find solutions. 5. Can investigate contradictory information and reasons for this.