Adaptive Strategy and Business Sustainability

Qualification: Postgraduate unit
Study mode: Online
Payment options: FEE-HELP may be available
Duration: 13 weeks
Start date: Enquire now for upcoming start dates
Awarded by: Swinburne University of Technology
Course Unit A course unit is a single subject offered as part of a program of study, but can be completed individually. You may receive Recognition of Prior Learning for studying this unit.

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About this unit

In this online unit in Adaptive Strategy and Business Sustainability provided by Open Universities Australia and Swinburne University, students will explore the challenges facing business managers and entrepreneurs in their approach to strategic planning, strategic adaptation and decision-making.

Students learn to critique the conceptual frameworks around rational strategic planning and strategy making, and the importance of as a strategy mindset in turbulent markets associated with new forms of competition, unstable financial markets, resource use and shifting stakeholder expectations.

Students will be challenged to think through complex issues in order to explore and develop business strategy, and make sense of the multiple paths that may emerge as an adaptive approach to future management. Students will also observe and reflect on their own competence in contributing to adaptive strategy and research specific instances of adaptive strategy, applying what they have learned to work-based situations.

Eligibility

To enrol, applicants must not have already completed this unit, or an academic equivalent, and must be enrolled in one of the following courses:

  • Graduate Certificate of Technology (Business Systems), Swinburne University
  • Graduate Diploma of Technology (Business Systems), Swinburne University
  • Master of Technology (Business Systems), Swinburne University
  • Master of Commerce, Swinburne University

Areas of study

In this Adaptive Strategy and Business Sustainability unit, the topics you will study include:

  • The nature of strategy: dimensions, tensions and decision-making
  • Strategy process: strategic thinking, formation and change
  • The rational planning model: organisation purpose, external and internal environments
  • The rational planning model: business, corporate and global level strategy
  • The rational planning model: strategic choices, implementation and evaluation
  • Strategy context: adapting or shaping
  • Adaptive strategy
  • Internal corporate venturing and other autonomous processes
  • Strategy making in complexity.

Course pathways

This unit is a core requirement in the following course:

  • Master of Commerce, Swinburne University

This unit is an approved elective in the following courses:

  • Graduate Certificate of Technology (Business Systems), Swinburne University
  • Graduate Diploma of Technology (Business Systems), Swinburne University
  • Master of Technology (Business Systems), Swinburne University

Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.

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Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

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How will this unit advance my career?

Modern business leaders and corporate directors find that dynamic change, shifting markets, and rapidly evolving regulatory standards now play a huge role in shaping the contemporary international business landscape. Good knowledge of how businesses can both survive and thrive in conditions of chronic uncertainty, through a comprehensive understanding of adaptive strategy and business sustainability, is vital for anyone operating in an international business environment.

By completing this unit, students will expand their understanding of the nature and importance of rational strategic planning and strategy making in the contemporary market context. At completion, you will be adept in the critical analysis of models of strategic planning, adaptive strategy and business sustainability, and be able to differentiate between various ‘schools’ of strategic thinking, identifying the increasing importance of resource-based and stakeholder perspectives in current business environments. Students will also learn to identify and critique the value of inductive, adaptive and emergent strategy as decision-making processes, and critically analyse autonomous strategic processes as a means of executing adaptive strategic initiatives in complex and fast-changing environments.

You will be familiar with the shifting community values and expectations around global sustainability pressures as part of strategic decision-making, and able to reflect on competencies supporting sustainable strategic practices and identify gaps in organisational culture and personal capabilities – setting the successful student up with a solid grounding in the adaptive management and sustainability that is so vital to business success.

How else will I benefit from this unit?

  • Upon successful completion of this unit you will receive credit for competencies in Adaptive Strategy and Business Sustainability from Swinburne University.
  • Studying online means you can study where you want, at your own pace.
  • Gain industry-relevant skills and transferrable knowledge.
  • Government financial support through FEE-HELP may be available.
  • Studying single units allows you the flexibility to work towards a qualification at your own pace.
  • Receive Recognition of Prior Learning (RPL) for this unit across a number of OUA’s full degree programs.

Get more information

Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

Financial assistance

If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees. 

Get more information

Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

You may be eligible to receive FEE-HELP for this course!

This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.

Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).

Find out more about government study loans here.
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.

OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.

The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.

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Get more information

Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.

FREE CALL 1800 063 523

Monday to Friday: 8am - late
Saturday and Sunday: 9am - 5pm

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