1: Introduction to Strategic Management
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Explain the significance of strategic management in achieving organizational goals.
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Discuss the steps involved in the strategic management process with examples.
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Analyze how the liberalization of the Indian economy in 1991 impacted corporate strategy.
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Compare corporate strategy with business and functional strategies.
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Illustrate with examples how strategic management leads to competitive advantage.
2: Board of Directors and Top Management
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Describe the structure and key functions of the Board of Directors in a corporate setting.
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Explain the strategic role played by top management in shaping the vision of a company.
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Discuss corporate governance and its influence on strategic decision-making.
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Analyze the challenges faced by Boards in the Indian context while performing their duties.
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What skills should top executives possess to ensure effective strategic planning?
3: Environmental and Internal Scanning
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Explain the purpose and process of environmental scanning in strategic planning.
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Differentiate between EFAS and IFAS with suitable examples.
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How does industry analysis help in identifying strategic opportunities and threats?
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Describe the value chain model and its application in internal analysis.
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Using a hypothetical case, explain how to synthesize internal and external factors.
4: Strategy Formulation
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Explain the process of preparing a Strategic Factors Analysis Summary (SFAS).
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Distinguish between corporate-level strategy and business-level strategy with examples.
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Evaluate how strategic alternatives are assessed and selected in organizations.
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Describe the role of functional strategies in the overall strategic framework.
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How do internal and external factors influence strategic choice?
5: Strategy Implementation
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Explain how organization structure supports or hinders strategy implementation.
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Discuss the impact of corporate culture on successful strategy execution.
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Analyze diversification strategies using real-world company examples.
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Explain how mergers and acquisitions contribute to strategic growth.
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Identify and explain key challenges in implementing corporate strategies effectively.
6: Evaluation and Control
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Describe the steps involved in evaluating strategic performance.
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How does the Balanced Scorecard help in monitoring and controlling strategy?
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Discuss the role of feedback mechanisms in strategic control systems.
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Analyze the benefits of using Strategic Information Systems for performance evaluation.
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Provide a framework for measuring the success of a newly implemented strategy.
7: Strategic Enablers – R&D, IT
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Explain the strategic significance of R&D in innovation-driven industries.
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How does IT support strategic decision-making and competitive positioning?
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Analyze the integration of IT strategy with business strategy using an industry example.
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Discuss the challenges of managing R&D as a strategic function.
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Evaluate the role of digital transformation in reshaping strategic planning.
8: KM, Technology, Strategic Risk
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Explain the process of Knowledge Management and its strategic importance.
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Discuss the types of strategic risks faced by global businesses today.
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How can organizations build resilience against strategic risks?
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Analyze the role of emerging technologies in transforming strategic capabilities.
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Discuss how KM supports continuous improvement and innovation in strategy.
1: Introduction to Strategic Management
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Define strategic management. How does it differ from operational management?
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Explain the key elements of the strategic management process.
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What is the significance of corporate strategy in an organization?
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Discuss the role of vision and mission statements in strategy formulation.
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How does strategic management provide a competitive edge in a liberalized economy?
2: Board of Directors and Top Management
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What are the primary roles and responsibilities of the Board of Directors?
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How does top management influence strategic decision-making?
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Explain the importance of corporate governance in strategic management.
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Compare and contrast board functioning in Indian companies versus global practices.
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What are the essential skills required by top executives for effective strategic leadership?
3: Environmental and Internal Scanning
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What is environmental scanning and why is it important for strategy formulation?
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Describe the components of the external environment in strategic analysis.
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How is the EFAS (External Factors Analysis Summary) prepared?
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Explain the concept of value chain analysis and its strategic significance.
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Discuss how internal factors are analyzed using IFAS (Internal Factors Analysis Summary).
4: Strategy Formulation
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What is SFAS (Strategic Factors Analysis Summary) and how is it derived?
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Differentiate between business-level and corporate-level strategies.
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Explain the process of choosing an appropriate strategic alternative.
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Describe the role of functional strategy in supporting business strategy.
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What factors should be considered while making strategic choices?
5: Strategy Implementation
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How does organizational structure affect strategy implementation?
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What is the relationship between corporate culture and strategy execution?
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Discuss the strategic rationale behind mergers and acquisitions.
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Explain how diversification can be used as a strategic tool.
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Identify key barriers to successful strategy implementation.
6: Evaluation and Control
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What are the key steps in strategic evaluation?
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Explain the role of feedback in strategic control systems.
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Describe the concept of Balanced Scorecard and its application in strategy control.
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How can Strategic Information Systems support evaluation and control?
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Discuss how companies can measure the effectiveness of their strategies.
7: R&D and IT as Strategic Enablers
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How does R&D contribute to sustaining competitive advantage?
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Discuss the strategic role of Information Technology in modern organizations.
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Explain the interlinkages between innovation, R&D, and strategy.
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What challenges do firms face while integrating IT with business strategy?
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How can R&D and IT be aligned with long-term corporate objectives?
8: Knowledge Management, Technology & Strategic Risk
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Define Knowledge Management and its relevance in strategic management.
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Discuss how technology acts as a driver of strategic change.
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What are the different types of strategic risk organizations face today?
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Explain how companies can proactively manage strategic risks.
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How does KM enhance organizational learning and decision-making?
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