MG 6350 - Strategy, Risk, and Decision-Making

Linking theory to practice, students will be actively engaged in examining, experiencing and applying the process of strategic thinking, planning, implementation, and measuring through critical thinking and problem solving. Globalization is increasing requiring organizations to adapt to changing markets new competitive pressures, and to leverage an organization’s competitive advantages regarding resources, competencies and capabilities. Students will explore how to view the organization as a whole, while evaluating internal and external driving forces impacting strategy and decisions impacting both short-term and long-term organizational goals. Students will assume the roles of key decision makers in analyzing these issues and make strategic recommendations in support of the continuous improvement through a team based interactive scenario tool. This course will critically examine the various strategic decisions and managerial skills needed to confront, not only the current business climate, but also to plan for the future in a variety of firms and organizations. Using a combination of case studies, discussion, critical thinking and current industry field research, students will assume the roles of key decision-makers and/or advisors in analyzing these issues and offering recommendations for strategic change. (Pre-requisites: MG 5140 , AC 5310 , FI 5320 , EC 5600 , MG 5740 , MG 5910 , and MG 6250 ) Credits: 4