Advanced Strategic Management and Innovation

In this module, students will gain insights into two advanced aspects of strategic and innovation management. In the first part, they will learn to think about strategic issues particularly relevant to “multibusiness firms.” Such firms face particular challenges in managing portfolios of businesses. These include but are not limited to making decisions on organizational structures, portfolio composition and diversification, as well as mergers and acquisitions. The course will introduce frameworks and tools such as value-based management. The module also covers innovation strategies employed by multibusiness firms, and introduces private equity as a special case. In the second part of the module, students will be exposed to various management techniques that are important to managers as individual problem-solvers and decision-makers in organizations.