International Corporate Strategy

Prof. Torsten Wulf
Spring - 1 credit
 
This course focuses on the theories, concepts and tools of strategic management on the corporate level. Typically, the term "strategic" management refers to seeing the company and its environment and considering long-run decisions that affect the company as a whole. The central aim of the course is to understand formulation and implementation of strategies on a corporate level. Here, the challenge of contributing value to businesses is crucial.

Topics to be discussed are the following:

(1) Fundamentals of Corporate Strategy - Shareholder Value and Parenting Advantage
(2) Traditional and Value-based Portfolio Planning
(3) Diversification Strategies
(4) Mergers & Acquisitions
(5) Strategic Alliances
(6) Strategy Implementation at the Corporate Level

In this class, a combination of lectures, discussions and case studies will be used. Thus, for the class to work well, all students are expected to arrive in class, having read the assigned cases and to be prepared to offer and defend their analyses and recommendations.