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MGT8039 Strategic Leadership

Semester 3, 2022 Online
Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Business
Grading basis : Graded
Course fee schedule : /current-students/administration/fees/fee-schedules

Staffing

Examiner:

Overview

This course is about how leaders need to develop strategic skills related to the overall leadership of the organisation. The topic in particular examines the role of boards and governance issues related to Boards of Directors are the types of conflicts that often develop. The course examines a range of both theoretical and practical considerations for graduates to consider when managing the corporation from a strategic perspective. The course also links closely with other Leadership courses such as Leading Organisational Change because managers need to understand why strategy is a leadership issue.

Top-level managers guide organisations in ways that result in sustainable performance that is optimally beneficial to all its stakeholders. The primary responsibility for thinking and acting strategically rests with the top leadership echelons from the smallest to the largest multinational conglomerate corporation as well as to other types of organisations (such as in the public sector). Organisational leaders most likely include chief executive officers, managing directors and other members of boards of directors and general managers; collectively, these managers play a role in top management teams. Leaders usually have responsibilities and accountabilities that cannot be delegated. As such they have to make decisions that affect the direction and success of the organisation. Leaders require superior levels of holistic, conceptual and strategic thinking abilities. Top management positions carry with them inherently risky outcomes often resulting in 'fallen idols' and rejection by the Board of Directors. Top-level leaders are expected to lead organisations through continuous strategic renewal and transformational change; their responsibilities extend to transforming the organisation to become 'high-performing' and 'world-class.' As a result, leaders are required to add value to stakeholder interests in a balanced way. This course is aimed at addressing the complexity of strategic leadership and application of leadership principles in practice. Other issues covered in the course include corporate governance, top management team dynamics, ethical practices, strategic performance management, knowledge management, organisational culture and strategic change.

Course learning outcomes

On successful completion of this course students should be able to:

  1. apply aspects of strategic thinking to leadership styles in practice;
    1. apply leadership structures, processes and design principles to organisational work
    2. design leader matrixes to strategic goals going forward;
  2. solve complex problems creatively and practically related to strategic leadership through case studies that apply theory to practice;
  3. apply strategic leadership with strategic models of implementation to solve problems related to managing boards including ethical dilemmas;
  4. demonstrate how strategic leadership frameworks relate to human and intellectual capital towards achieving strategic goals;
  5. demonstrate through case studies how strategic leaders work with boards and top management teams including solving problems related to vested and conflicts of interest;
  6. review leadership frameworks and how these can be applied towards business sustainability on the one hand and transforming the organisation through leadership on the other;
  7. communicate professionally and effectively in written communication to various audiences to achieve targeted outcomes.

Topics

Description Weighting(%)
1. Strategic leadership and strategic management 20.00
2. Roles, structures, processes and design perspectives of a leader's work 20.00
3. Challenges faced by leaders 15.00
4. Strategies of strategic leaders including leveraging human and intellectual capital 15.00
5. The relationship between boards of directors and leaders 15.00
6. Transforming the organisation through leadership 10.00
7. Develop sustainability and issues of conflict between internal and external stakeholders 5.00

Text and materials required to be purchased or accessed

Solomon, J 2014, Corporate governance and accountability, 4th edn, John Wiley & Sons, Chichester.

Student workload expectations

To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.

Assessment details

Approach Type Description Group
Assessment
Weighting (%) Course learning outcomes
Assignments Written Case 精东传媒app 1 No 50 1,2,3,4
Assignments Written Case 精东传媒app 2 No 50 5,6,7,8
Date printed 10 February 2023