course-details-portlet

SMF2281F

Business Strategy

Choose study year
Credits 7.5
Level Intermediate course, level II
Course start Spring 2025
Duration 1 semester
Language of instruction Norwegian
Location Gjøvik
Examination arrangement Group Based Off-campus Exam

About

About the course

Course content

  • Strategy processes - the process of strategic leadership.
  • Mission, vision, business concept, values, and goals.
  • Strategic analysis
  • Reputation, Corporate Social Responsibility (CSR), and relations to shareholders.
  • Innovation and Sustainable Business Models.
  • Strategic evaluation and decisions.
  • Implementation and control, including management of multidimensional goals- and results.

Learning outcome

Knowledge:

  • of the historical development in the field
  • of the most important perspectives, theories, and analyses in the field
  • of strategy processes with leadership as an important aspect
  • of the relationship between innovation and strategic decisions
  • of how strategies contribute to sustainable value creation
  • of the state of the art in the field of strategy

Skills:

  • to be able to carry out internal and external analysis and actively participate in strategy development.
  • to be able to make good, sustainable decisions through consideration of different strategic alternatives.
  • to be able to find, evaluate, and use relevant literature sources.

General competence:

  • to understand strategy as a management tool
  • to understand, communicate, and discuss strategic terms, challenges, choices, and consequences.
  • to develop an analytical and reflective approach to strategic leadership

Learning methods and activities

Use of a digital learning platform, group- or individual-based exercises, supervision, and compulsory work. The communication between the lecturer and students is organized on a digital platform where learning resources will be shared.

The course is offered in Norwegian.

There will be further information on compulsory work at the start of the semester. Compulsory work has to be approved before the student can meet for examination.

Compulsory assignments

  • 1Approved exercises

Further on evaluation

There is no re-take exam for home exams. This is in accordance with the Regulations on studies at NTNU.

Specific conditions

Admission to a programme of study is required:
Business Management (BØKLED-F)
Business Management (ÅRØKLEDF)

Required previous knowledge

The same as for the study program

Course materials

  • Fjeldstad, Ø og R. Lunnan (2023) Strategi. Bergen: Fagbokforlaget
  • Erichsen, M, Solberg, F og T. Stiklestad (2022) Ledelse i små og mellomstore virksomheter, Bergen: Fagbokforlaget.
  • Additionally, a collection of articles will be presented at the start of the semester.

Credit reductions

Course code Reduction From
SMF2281 7.5 sp
SMF2211F 7.5 sp Autumn 2018
This course has academic overlap with the courses in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics and Administration

Contact information

Course coordinator

Department with academic responsibility

Department of Industrial Economics and Technology Management