Educational guide | ||||||||||||||||||||||||||||||||||||||||
IDENTIFYING DATA | 2024_25 | |||||||||||||||||||||||||||||||||||||||
Subject | COMPETITIVE STRATEGIES | Code | 00508027 | |||||||||||||||||||||||||||||||||||||
Study programme |
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Descriptors | Credit. | Type | Year | Period | ||||||||||||||||||||||||||||||||||||
6 | Compulsory | Third | Second |
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Language |
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Prerequisites | ||||||||||||||||||||||||||||||||||||||||
Department | DIREC.Y ECONOMIA DE LA EMPRESA |
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Coordinador |
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bjimp@unileon.es jlgodd@unileon.es |
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Lecturers |
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Web | http:// | |||||||||||||||||||||||||||||||||||||||
General description | To deepen the theoretical and practical aspects of business strategies: mission, strategic analysis, business strategies and competitive dynamics. | |||||||||||||||||||||||||||||||||||||||
Tribunales de Revisión |
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Competencias |
Code | |
A19188 | |
A19190 | |
B5846 | |
B5848 | |
B5850 | |
B5851 | |
B5852 | |
B5853 | |
B5854 | |
B5857 | |
B5858 | |
C1 | CMECES1 That students have demonstrated possession and understanding of knowledge in an area of study that is based on general secondary education, and is usually found at a level that, although supported by advanced textbooks, also includes some aspects that involve knowledge from the cutting edge of their field of study |
C2 | CMECES2 That students know how to apply their knowledge to their work or vocation in a professional manner and possess the skills that are usually demonstrated through the development and defense of arguments and the resolution of problems within their area of study. |
C3 | CMECES3 That students have the ability to gather and interpret relevant data (normally within their area of study) to make judgments that include reflection on relevant issues of a social, scientific or ethical nature. |
C5 | CMECES5 That students have developed those learning skills necessary to undertake further studies with a high degree of autonomy |
Learning aims |
Competences | |||
A19188 A19190 |
B5846 B5852 |
C1 |
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A19188 A19190 |
B5846 B5848 B5852 B5854 B5857 B5858 |
C1 C3 |
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A19188 A19190 |
B5846 B5848 B5852 B5853 B5854 B5858 |
C2 C3 |
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A19188 A19190 |
B5846 B5848 B5851 B5852 B5857 |
C1 C3 |
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A19188 A19190 |
B5846 B5848 B5852 B5854 B5857 |
C1 C3 C5 |
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A19188 A19190 |
B5846 B5848 B5850 B5852 B5853 B5857 B5858 |
C3 C5 |
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A19188 A19190 |
B5846 B5848 B5850 B5852 B5853 B5854 B5857 B5858 |
C1 C3 C5 |
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A19188 A19190 |
B5846 B5848 B5850 B5852 B5853 B5857 |
C1 C3 |
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A19188 A19190 |
B5846 B5848 B5850 B5852 B5853 B5854 B5857 B5858 |
C1 C3 C5 |
Contents |
Topic | Sub-topic |
Introduction to Strategic Management | TOPIC 1. Nature of strategic management 1.1. Introduction 1.2. Concept of strategy 1.3. Determinants of the competitive position 1.4. Strategic decisions 1.5. Strategic business units 1.6. Levels of strategy 1.7. The strategy formation process 1.8. Evolution of strategic thinking TOPIC 2. Mission, values and results 2.1. Introduction 2.2. Companies´ objectives 2.3. Financial perspective (shareholder approach) 2.4. Strategic perspective (stakeholder approach) 2.5. Mission, vision, values and strategic goals |
Strategic Analysis | TOPIC 3. Analysis of the institutional environment 3.1. Introduction 3.2. Contextualisation of the environment and the concept of institutional environment 3.3 Strategic profile and reports on different dimensions of the institutional environment 3.4. Agglomeration economies: Porter's diamond, industrial districts and technology parks 3.5. Competition defense regulations 3.6. Analysis of the institucional environment at a future time: Scenario method and Delphi method TOPIC 4. Analysis of the competitive environment 4.1. Introduction 4.2. Industrial economics and the S-B-R model 4.3. Definition of competitive environment 4.4. Analysis of the industry structure: Porter's 5 Forces Model 4.5. Extension of sector analysis model TOPIC 5. Analysis of resources and capacities 5.1. Introduction 5.2. Resource-based view 5.3 Concept of resources and capabilities 5.4. Identification of resources and capabilities 5.5. Valuation of resources and capabilities: the VRIO model 5.6. Implications of the analysis of resources and capabilities |
Competitive Strategies | TOPIC 6. Competitive advantage 6.1. Introduction 6.2. Competitive strategy 6.3. Competitive advantage 6.4. Elements for the analysis of the competitive position TOPIC 7. Cost leadership strategy 7.1. Introduction 7.2. Sources of cost advantage 7.3. Implementation of the cost leadership strategy TOPIC 8. Differentiation strategy 8.1. Introduction 8.2. Basic concepts: preferences and attributes, differentiation and competition, product positioning, opportunities for differentiation 8.3. Sources of the differentiation advantage 8.4. Implementation of the differentiation strategy 8.5. Extending Porter's generic strategies: The Strategic Clock Model |
Planning |
Methodologies :: Tests | |||||||||
Class hours | Hours outside the classroom | Total hours | |||||||
22 | 48 | 70 | |||||||
12 | 7 | 19 | |||||||
0 | 25 | 25 | |||||||
Lecture | 20 | 10 | 30 | ||||||
Mixed tests | 6 | 0 | 6 | ||||||
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Description | |
Face-to-face teaching-learning activities, led by the teacher: theoretical classes with master classes and expository-participatory activities. | |
Teaching-learning activities monitored by the teacher: case studies and practical work, group activities, presentations, and tutorials. | |
Activities in which students organise their own work: individual and group work. | |
Lecture | The master class sessions will be developed on the basis of the teacher's presentations, who will present and explain the main objectives of each subject, supported by examples of real cases. For this purpose, students will have at their disposal readings (notes, articles) and transparencies with the contents of each session. During these sessions, the teacher will try to encourage the active participation of the students, both in terms of possible doubts or comments that may arise and questions that the teacher may ask with the aim of enriching the presentation. |
Personalized attention |
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Assessment |
Description | Qualification | ||
Case studies/practical activities: active participation in classes and submission of written exercises in the form and on the date indicated by the teacher on the case studies or other proposed activities. Sometimes they will be done individually and sometimes they will be activities to be carried out in groups. | La valoración de la participación activa en clase y de las actividades entregadas por escrito propuestas supondrán el 30% de la calificación final de la asignatura. | ||
Mixed tests | 1. There will be two written theoretical-practical tests to be held in the classroom and consisting of 10 short-answer questions (each question will be worth a maximum of 1 point) to assess knowledge and understanding of the subject matter. 2. Practical questionnaires in the classroom, throughout the course, aimed at assessing the continuous acquisition of content. |
1. Las dos pruebas teórico-prácticas supondrán el 60% de la calificación final, siendo necesario que el alumno alcance una nota media mínima de 4 puntos (escala 0-10) entre los dos exámenes y, a su vez, que la nota en cada uno de los exámenes sea de, al menos, de 3 puntos (escala 0-10). 2. La totalidad de los cuestionarios prácticos realizados supondrán el 10% de la nota de la asignatura. |
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Other comments and second call | |||
In order to pass the course, the student must obtain a grade higher or equal to 5 points (scale 0-10), once the grades obtained in each of the components of the course have been added together, after applying the corresponding weighting. In the second ordinary exam, the student may recover the part corresponding to the two theoretical-practical tests, as well as the part of the practical cases/activities that the teacher considers can be recovered. The practical questionnaires cannot be made up in the extraordinary exams. On the other hand, students who choose to sit the December exam will have to take a theoretical-practical exam which will have a weight of 100% of the mark for the subject. No material may be handled during the tests, with the exception of exchange students whose native language is not Spanish, who may use a dictionary. The possession and use of mobile and/or electronic devices is strictly forbidden during the tests. The simple possession of such devices, as well as unauthorised notes, books, folders or other materials during the assessment tests, will result in immediate withdrawal from the exam, expulsion from the exam and a failing grade, and the incident will be reported to the Academic Authority of the Centre so that they can take the actions set out in the Guidelines for Action in Cases of Plagiarism, Copying or Fraud in Exams or Assessment Tests, approved by the Standing Committee of the Governing Board on 29 January 20 |
Sources of information |
Access to Recommended Bibliography in the Catalog ULE |
Basic | |
Ghemawat, P. (2007). Estrategia y el panorama empresarial. Pearson Education, Madrid (2ª Edición). Grant, R.M. (2014). Dirección estratégica: Conceptos, técnicas y aplicaciones. Thomson-Civitas, Madrid (8ª Edición). Guerras Martín, L.A. y Navas López, J.E. (2022). La dirección estratégica de la empresa: Teoría y aplicaciones. Thomson-Civitas, Madrid (6ª Edición). Guerras Martín, L.A. y Navas López, J.E. (2018). Fundamentals of strategic management. Civitas (2ª Edición). Navas López, J.E. y Guerras Martín, L.A. (2023). Fundamentos de dirección estratégica de la empresa. Thomson-Civitas, Madrid (3ª Edición). Rothaermel, F. T. (2023). Strategic Management. Concepts & Cases. McGraw-Hill (6ª Edición). Ventura Victoria, J. (2008). Análisis estratégico de la empresa. Paraninfo Cengage Learning, Madrid (1ª Edición). Walker, G.y Madsen, T. (2016). Modern competitive strategy. McGraw-Hill, Londres (4ª Edición). |
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Complementary | |
Barney, J.B. (2011). Gaining and sustaining competitive advantage. Prentice Hall, Upper Saddle River, Nueva Jersey (4ª Edición). Barney, J.B. y Hesterly, W. (2019). Strategic management and competitive advantage: concepts and cases. Pearson Prentice-Hall (6ª Edición). Baye, M.R. (2006). Economía de empresa y estrategia empresarial. McGraw-Hill (5ª Edición). Besanko, D.; Dranove, D.; Shanley, M. (2017). Economics of strategy. John Wiley & Sons, Nueva York (7ª Edición). Brickley, J.A.; Smith, C.W. y Zimmerman, J.L (2021). Economía empresarial y arquitectura de la organización (7ª Edición). Fernández Sánchez, E.y Ramírez Alesón, M. (2021). Fundamentos para la toma de decisiones estratégicas de la empresa. Editorial Pirámide. Madrid. Hill, CW. y Jones, G.R. (2005). Administración estratégica: Un enfoque integrado. McGraw-Hill, Mexico (6ª Edición). Hitt, M.A.; Ireland, R.D. y Hoskisson, R.E. (2023). Strategic management: Concepts and cases. South Western College Pub (4ª Edición). Johnson, G.; Scholes, K. y Whittington, R. (2006). Dirección Estratégica. Pearson - Prentice-Hall Internacional, Madrid (7ª Edición). Porter, M.E. (2015). Estrategia competitiva: Técnicas para el análisis de los sectores industriales y de la competencia. C.E.C.S.A., México (2ª Edición). Thomson, A.A. Peteraf, M.A.; Gamble, J.E. y Strickland, A.J. (2023). Administración Estratégica. McGraw Hill, México (23ª Edición). Saloner, G.; Shepard, A. y Podolny, J. (2005). Administración estratégica. Limusa Wiley, México (1ª Edición). Revistas académicas Universia Business Review (http://ubr.universia.net) Harvard Deusto Business Review (http://www2.e-deusto.com/cdrevistasw/hdbr.htm) Emprendedores (http://www.emprendedores.es) Actualidad Económica (http://www.actualidadeconomica.com) Alta Dirección (http://www.altadireccion.es) Otros materiales de apoyo: Cuentos estratégicos de la web de Guerras Martín y Navas López: https://www.guerrasynavas.com/cuentos.htm Recursos electrónicos Vídeos de apoyo: https://www.guerrasynavas.com/videos.htm; https://www.youtube.com/user/GuerrasyNavas2007/videos Web de la Universidad de León: www.unileon.es Herramienta Web de apoyo a la docencia virtual de la Universidad de León: Moodle Webs de prensa: www.elmundo.es; www.expansión.com; www.cincodias.com |
Recommendations |
Subjects that it is recommended to have taken before | ||
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Other comments | |
Note: The programme, the teaching methodology and the assessment and grading systems may undergo modifications, of which students will be notified sufficiently in advance by the usual means. In addition, the assessment and grading systems may be subject to exceptional situations that will be suitably assessed by the teacher. |