FEE-HELP may be available
Enquire now for upcoming start dates
Swinburne University of Technology
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.
To enrol, applicants must not have already completed this unit, or an academic equivalent, and must be enrolled in one of the following courses:
In this Adaptive Strategy and Business Sustainability unit, the topics you will study include:
This unit is a core requirement in the following course:
This unit is an approved elective in the following courses:
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.
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.
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.
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.
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.
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.
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.
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.