15.904 Advanced Strategic Management
Builds on 15.900 and 15.902 to explore key concepts that have shaped the field of strategic management and strategy consulting over the past several decades. Uses lectures, readings, case studies, and videos to review the evolution of strategy teaching, research, and practice; the role of randomness in strategic outcomes; the difference between strategic thinking versus planning; and enduring principles related to competitive advantage. Key themes include the role of platform strategies and services, as well as capabilities, pull mechanisms, economies of scope, and flexibility, with examples from a variety of industries. Develops an understanding of what has made some firms successful in the past as well as what managers can do to compete in an uncertain future.
This class has 15.900 as a prerequisite.
15.904 will not be offered this semester. It will be available in the Spring semester, and will be instructed by M. Cusumano.
This class counts for a total of 6 credits. This is a graduate-level class.
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