The ATHE Level 7 Diploma in Strategic Management provides much of the underpinning knowledge and understanding for the National Occupational Standards in Management and Leadership and is also recognised by a variety of international universities for progression to their MBA top-up. Like the Extended Diploma in Management, this course is extensive and covers much more advanced topics that previously, especially concerning Strategic Management. This is more specifically geared toward students who are interested in strategic and senior management concepts and positions. Students who are interested in pursuing this course may want to consider continuing along the lines of a degree should they be satisfied with what they’ve acquired. This diploma is worth a total of 120 credit units and comprises of eight (8) mandatory modules listed below.
- ORGANISATIONAL BEHAVIOUR
- GLOBAL BUSINESS STRATEGY
- STRATEGIC RESOURCE MANAGEMENT
- FINANCE FOR STRATEGIC MANAGERS
- RESEARCH FOR SENIOR MANAGERS
- PROGRAMME LEADERSHIP
- RISK MANAGEMENT
- STRATEGIC PLANNING
• Understand effective leadership behaviour theory and practices which will include evaluation of said theories and the impact of managerial styles on organisational effectiveness. Students will need to know how to analyse how motivational theory can inform employee motivation as well as theories relating to work relationships and interaction.
• Understand how organisational structures and culture impact on the effectiveness of the organisation and be able to analyse the characteristics of different organisational structures. Students will need to evaluate the importance of organisational culture theory in developing organisational effectiveness including analysis of the culture and structure of one organisation and evaluate how they impact on its effectiveness.
• Understand organisational decision making and know how to analyse approaches to organisational decision making. Learners will assess approaches to risk and uncertainty in decision making and be able to evaluate the effectiveness of organisational decisions in a specific organisation.
GLOBAL BUSINESS STRATEGY
• Students should be able to analyse the international business environment and know how to review and assess suitable techniques to do so. They will gain an understanding of analysis of micro- and macro-environments of a business as well as how the international business environment impacts on an organisation.
• Understand the impact of globalisation on business organisations and analyse the extent of globalisation on organisations. Learners are required to assess the benefits, opportunities and challenges of globalisation for an organisation and understand how to analyse the structures of different organisations operating in international markets and critically evaluate the international operations of an organisation.
• Understand the importance and nature of Corporate Social Responsibility and be able to analyse the moral and ethical questions facing organisations in an international environment. Students should be able to analyse the conflicts between corporate strategy and ethical and social responsibilities including the identification of legislation, regulation and guidance relating to corporate social responsibility.
STRATEGIC RESOURCE MANAGEMENT
• Understand the role of human resource management in supporting business strategy and investigate how human resource management contributes to the achievement of organisational objectives. Students should be able to critically evaluate the role of human resource management within an organisation as well as appraise the processes that an organisation uses to plan its human resource requirements.
• Know how to develop human resources in organisations which will include evaluation of recruitment and retention strategies used in an organisation and be able to critically assess the techniques that are used for employee development in an organisation. Students will need to understand how to evaluate the contribution of human resource development techniques in ensuring employee engagement and systematically analyse the effectiveness of human resource management strategies in supporting organisational strategy.
• Understand the role of physical resource management in supporting business strategy through investigation of how physical resource management contributes to the achievement of organisational objectives. They will need to critically evaluate the role of physical resource management within an organisation and systematically appraise the processes that an organisation uses to plan its physical requirements.
FINANCE FOR STRATEGIC MANAGERS
• Understand the role of financial information in business strategy and assess the need for financial information in business. This will include identifying the risks related to financial and business decisions as well as being able to summarise financial information required in strategic business decision making.
• Be able to analyse published financial statements for strategic decision making purposes including explanation of the purpose, structure and content of published accounts. They will also need to interpret financial information in published accounts and calculate financial ratios from published accounts to support strategic business decision-making.
• Understand how business assess and finance non-current assets, investments and working capital which will include differentiating between long and short-term finance requirements for businesses. Learners will need to compare the sources of long and short-term finance, assess the importance of managing cash flow and examine cash flow management techniques. This will lead to understanding how to evaluate methods for appraising strategic capital or investment projects.
RESEARCH FOR SENIOR MANAGERS
• Be able to develop an appropriate research question for a business research project. Students should understand how to identify a suitable area of research, explain the aim, scope and objective of the project, establish success criteria for the research and develop and justify a detailed research question.
• Be able to develop a research proposal and evaluate the research techniques to assess their suitability for the project. Students will need to know how to select suitable research techniques and develop a detailed research proposal.
• Be able to undertake a literature review which requires them to identify sources of information and literature relevant to the research question. Students must critically review the literature to inform the development of the research proposal or the research project while being able to record and report literature review in an appropriate format for the project.
• Be able to plan and agree a programme of related projects that support the strategic plans of an organisation. They should need to understand business strategy analysis and identify programme objectives and benefits. This will include understanding of how to negotiate with identified stakeholders to establish a range of projects to deliver programme benefits and plan on and agree with a programme with a programme management group.
• Be able to lead a programme of related projects including the co-ordination within a programme. They should understand how to manage programme resources to achieve project and programme objectives and know how to review and monitor project and address any issues that arise. Students will need to know about reporting programme progress and results to stakeholders as well as how to close down projects and programmes.
• Be able to evaluate a programme of related projects and assess the success of projects with project managers. They will need to review the success of the programme in delivering benefits and meeting objectives as well as analyse areas for future improvement in programme management and leadership.
• Understanding of the risk management function in business which includes examination of the role of the function in business and being able to assess the role of business functions in the management of risk.
• Understand how business risk is assessed and managed through analysing the risk assessment process, evaluation of the approaches to managing risk and being able to examine the risk management process.
• Understand the effects of business risks and how they can be managed. Students will need to analyse the main drivers of business risk and appraise the impact of different types of risk for a business organisation. They will also need to know how to assess which business areas are high risk and be able to analyse risk management strategies based on such information.
• Understand the external environment affecting an organisation and be able to explain the importance of external factors affecting an organisation. They should understand how to analyse the needs and expectations of stakeholders of an organisation as well as the major changes taking place in the external environment that will affect strategy.
• Be able to review existing business plans and strategies of an organisation and use appropriate tools to analyse the effects of current business plans. Students will be able to review the position of an organisation in its current market and will understand how to evaluate the competitive strengths and weaknesses of an organisation’s current business strategies.
• Be able to develop options for strategic planning for an organisation especially through the use of modelling tools. Students should develop a comparative understanding of activity from organisations in the market and know how to create options to form the basis of future organisational strategy.
TEACHER-STUDENT RATIO is 1:20
|Minimum Age||Academic qualification||Proficiency Level||Course Outcomes||Duration||Mode of delivery||Awarding Body|
||A pass (C6) in GCE O Level English OR Obtain at least 70% marks in JE College English Language Placement Test (equivalent to IELTS 6.0 in reading and writing)||Post Graduate Diploma||FT/PT: