26814 Strategies and Business Models

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Subject handbook information prior to 2021 is available in the Archives.

Subject level:

Postgraduate

Description

This subject gives students a rich and nuanced understanding of strategy and business models. It covers classic strategic questions and topics but emphasises contemporary themes, for example, open innovation and open strategy, networks, platforms and other business model innovations, and the processes and practices of strategy and their effects. These topics are set in the context of the historic evolution of strategic management, and its likely trajectory. Students apply the tools and techniques of contemporary strategic analysis, and also reflect on the 'doing' of strategy, in the context of their own organisations and other real cases. In parallel, they are encouraged to develop a reflective and critical perspective on the implications and impacts of taken-for-granted strategy thinking, concepts and tools, and conversely are asked to consider the future of strategy, centred on how strategic management can provide solutions for pressing sustainability-related societal-level challenges.