Master Of Engineering Management
ENG4013.10 Strategic Management
This subject provides students with an understanding of the key concepts and frameworks relevant to strategic management, with a focus on application to engineering organisations, examples, and contexts. Students are introduced to current theories of strategy, methods for creating value for customers and stakeholders, strategies for different types of organisations, and the impact of sustainability on business strategy. Key topics include analysing business strategy to create value, analysing the external environment and organisational resources and capabilities, measuring strategic organisation performance, gap analysis, strategic decision-making, and corporate strategy. Students also learn about capabilities, systems, and structure, as well as the value of leadership, people, culture, and change management. Students engage in weekly class discussions and apply their knowledge to case studies from both national and international contexts. Assessment tasks provide students with the opportunity to apply their knowledge in the form of case study analysis, presentations, and reports. Individual students assess their own competence using their Portfolio and by setting personal learning goals. Individual students set up a program-based professional portfolio, which is to track and facilitate professional learning and development across all subjects of the MEM program. This is done by self-assessing their competencies at the start of each subject/semester and setting personal learning goals to work on the development of their skills and competencies, and to be prepared for the real world of work after graduation.
