ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | Strategic Management Simulation | ||
Code | MGTK745 | ||
Coordinator |
Mrs EI Forrester Strategic Change E.Forrester@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2023-24 | Level 7 FHEQ | Whole Session | 10 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
24 |
25 |
49 | ||||
Timetable (if known) | |||||||
Private Study | 51 | ||||||
TOTAL HOURS | 100 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Discussion Board Contribution Reassessment Opportunity: 500-word written coursework based on discussion post prompts Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: | 0 | 15 | ||||
Discussion Board Contribution Reassessment Opportunity: 500-word written coursework based on discussion post prompts Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: | 0 | 15 | ||||
Group podcast Reassessment Opportunity: 5-minute individual podcast Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: No | 10 | 20 | ||||
Individual report Reassessment Opportunity: new assignment with the same brief Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Yes | 0 | 50 |
Aims |
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This module aims to: Provide students with an opportunity to develop a holistic and integrated understanding of the key functional areas of management, such as, HR, R&D, Production, Marketing and Finance; Develop students’ ability to apply analytical concepts and techniques to develop and communicate a business strategy for an organisation (in a simulated environment); Develop students’ ability to work collaboratively to make strategic decisions, and provide opportunities for students to practice giving and receiving feedback and to critically assess their own performance. |
Learning Outcomes |
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(LE1) A lifelong learner. |
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(LE2) A team player. |
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(LE3) Flexible and adaptable. |
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(LO1) Students will be able to demonstrate a holistic and integrated understanding of the key functional areas of management, such as, HR, R&D, Production, Marketing and Finance. |
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(LO2) Students will be able to apply analytical concepts and techniques to develop and communicate a business strategy for an organisation (in a simulated environment). |
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(LO3) Students will be able to work collaboratively with others to agree a competitive business strategy and implement strategic decisions. |
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(LO4) Students will be able to draw on theories of group development to critically assess their own performance as a group member and demonstrate skill in giving and receiving constructive feedback. |
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(LRE1) IT literate. |
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(LRE2) Numerate. |
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(LRE3) Organised and able to work under pressure. |
Teaching and Learning Strategies |
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The module is based on team-based, experiential learning and the business simulation will form the core part of the teaching strategy that presents students with a variety of complex issues relating to business analysis and decision-making. The module requires students to communicate and operate in small teams, and all students will be expected to study the guidance and instructions which accompany the simulation software. The simulation will be supported by online activities such as synchronous group work, individual and collaborative tasks and discussion boards. Students will apply their knowledge and skills to develop strategies, make group business decisions, analyse and interpret their results in the simulation and reflect on their performance as a group. These activities will be moderated by the module instructor. Students will also be directed to key academic and practitioner readings to further develop their learning and facilitate a deeper understanding of effective group d ecision-making, feedback and self-reflection. Unscheduled Directed Student Hours: 25 hours Students will also participate in synchronous e-seminars. The dates and times of the synchronous seminars will be confirmed at the start of the module (if there are issues with time zones another session will be provided). The synchronous sessions will focus on peer interaction, discussion and questions, with the module instructor participating as a coach and mentor. These sessions will be recorded and moderated by the module instructor. Scheduled Directed student hours: 24 hours Self-directed learn
ing hours: 51 hours |
Syllabus |
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Guidance and instruction accompanying the simulation software. Establishing team norms and ground rules. Group working, collaboration and conflict resolution. Processes of peer-to-peer feedback. Theories and models of critical self-reflection. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |