Strategic Awareness and Business Acumen

Subject MGMT90212 (2016)

Note: This is an archived Handbook entry from 2016.

Credit Points: 6.25
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2016:

May, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 23-May-2016 to 24-May-2016
Assessment Period End 24-Jun-2016
Last date to Self-Enrol 23-May-2016
Census Date 03-Jun-2016
Last date to Withdraw without fail 10-Jun-2016

November, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 14-Nov-2016 to 15-Nov-2016
Assessment Period End 15-Dec-2016
Last date to Self-Enrol 14-Nov-2016
Census Date 25-Nov-2016
Last date to Withdraw without fail 02-Dec-2016

Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: 16 hours
Total Time Commitment:

85 hours

Prerequisites: None
Corequisites: None
Recommended Background Knowledge: None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Overview, Objectives, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this course are encouraged to discuss this matter with the Student Equity and Disability Support Team:


Mr Majedul Huq, Prof Simon Bell


Melbourne Business School

T: +61 3 9349 8788

Subject Overview:

Strategic Awareness and Business Acumen will provide an overview of the strategy process and an understanding of the organisation as an integrated system. We will explore a toolkit of concepts, frameworks and techniques to analyse an organisation’s strategic context and develop and implement winning strategies. The effective application of these tools will result in more informed business decisions that drive superior performance. Learning will be embedded through a combination of discussions, examples of best practice, practical exercises based on participants’ own organisations, and case studies.

Learning Outcomes:

On successful completion of this program, students should be able to:

  • Explain how to think and act strategically to more effectively manage the strategic, competitive and financial challenges facing the organisation.
  • Develop an enterprise-wide perspective to increase the positive impact of each functional area.
  • Understand how to implement enhanced decision-making skills to make better decisions more quickly.
  • Assess investment opportunities by analysing the profitability potential and strategic impact of alternative options.
  • 2000 word Strategic Analysis of an organisation. Due four weeks after the completion of the programme (80%).
  • 250 word Executive Summary that translates the key insights from the Strategic Analysis into a format that is compelling for a board/executive-level audience. Due four weeks after the completion of the programme (10%).

  • 250 word Reflective Diary that captures the two most powerful insights/learnings from the program which the delegate will endeavour to apply in their organisation. Due end of Day 2 (10%).

Prescribed Texts:

A study guide with readings and cases will be provided before the commencement of the subject.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:
  • Ability to develop and implement effective strategies.
  • Critical thinking and structured problem solving skills.
  • Capacity to engage in productive strategic dialogues.
Links to further information:
Related Course(s): Specialist Certificate in Leadership
Specialist Certificate in Strategic Marketing

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