Learning Outcomes / Skills:
Students will be able to critically evaluate the
key decision-making aspects of strategic management, apply the process of
strategic planning in the context of strategy development, and effectively
utilize and assess selected planning tools during various phases of the
planning process. They will reflect on internationalization and globalization
as central economic components of developed economies and integrate their
significance into holistic concepts for German and European enterprises.
Students will evaluate the foundations of the increasing interconnection of
macroeconomic and microeconomic parameters and develop internationalization
strategies derived from these insights, implementing them at the organizational
level. Furthermore, they will comprehend and apply internationalization as a
specific managerial qualification requirement in both conceptual and
methodological contexts.
Students will independently address case studies
and problem-solving tasks, focusing on analytical skills, transferability,
abstract and interconnected thinking, and solution orientation. The case
studies enable students to act appropriately and contextually, develop
individual and collective courses of action, and foster collaborative learning.
The seminar-based nature of the course supports the development of personal
leadership qualities, encouraging the ability to contribute original thoughts
and analyses.
Content
The course on corporate management is structured
into a foundational section on strategic planning and the planning process,
followed by an advanced section on international management. Topics
include:
- Fundamentals of strategic planning and core
principles for successful strategy development.
- Presentation of major schools of thought in
strategic planning.
- Cause-effect analysis in strategy
development.
- Structure and process of strategic
planning.
- Application of strategic planning tools.
- Case studies on strategic planning.
- Fundamentals of international management,
integration into the strategic planning process, and foundational knowledge for
successful market entry abroad.
- Explanation of major theoretical approaches
and management models for international business activity as a basis for
understanding cause-effect relationships in international management.
- Cause-effect analysis of internationalization
on strategies and organizational models, particularly centralization versus
decentralization.
- Evaluation of key functional areas in an
international company and reflection on an integrated planning and management
approach.
- Management of risks (business, country, and
currency risks) arising from international operations.
- Social and ethical aspects in an international
context.
Applied Business Administration Methods
- Models and Methods of Analysis (Research and
Analytical Models):
Relevant management and leadership theories and
models will be integrated into a comprehensive framework, analyzed, and
reflected upon through case studies.
- Quantitative-Empirical Methods (Comparative –
statistical, mathematical methods, data analysis):
In
addition to statistics on export trends, direct investment, and M&A data,
quantitative methods, especially trend analyses, will be employed for
discussion.
- Qualitative-Interpretative Methods (Expert
interviews, surveys, standardized assessments):
Expert opinions and surveys will be utilized for
future analyses and discussions of (mega-)trends.
Teaching and Learning Methods
- Seminar-based instruction.
- Field trips.
- Case studies.
- Educational films.
- Expert discussions.
Literature
Relevant
literature for exam/assignment
· Macharzina/Wolf (2023) Unternehmensführung, 12. A., München
· Meckl, R. (2014) Internationales Management, 3. A., München
Further readings
· Achleitner, A. und Thommen, J. (2020) Allgemeine Betriebswirtschaftslehre,
Gabler Verlag; 9. Auflage, München.
· Kutschker, M. und Schmid, S. (2011) Internationales Management, 7. A.,
München.
· Holtbrügge, D. und Welge, M.K. (2015) Internationales Management: Theorien,
Funktionen, Fallstudien, 6. A., Stuttgart.
· Robbins, S., Coulter, M. und Fischer, I. (2016) Management: Grundlagen der
Unternehmensführung, 12. A., Person
· Business magazines, Handelsblatt, etc.
Further readings available on Moodle
· Reader
· Studienbrief
· Articles
· Case studies and further documents