Managing human resources is the biggest challenge for managers to achieve the desired objectives of the organisation and effective use of the resources. Adding value to the HR functions is more vital especially in today’s competitive environment. The strategies involved to achieving sustainable competitive advantage and give a leverage to the organisations are quite crucial. This module primarily aims at inculcating such strategies to you.
Management Accounting is primarily an application of accounting techniques for providing information, designed to help all levels of Management in planning & controlling activities of a business enterprise and in decision making. In other words it provides relevant information to parties inside the organisation i.e. the management is to plan, control, organise, communicate and motivate. One of the main providers of this information is the Management Accountant.
This module builds on the fundamental concepts of strategy that you would have studied so far and would help you understand how these concepts could be used for strategy development and implementation. The nature of this module is very contemporary and demands active participation from your end in terms of keeping abreast with the latest in the field of strategic management, reading of relevant academic literature and coming prepared to class.
A strategy is integral to the competitive success of any business organization. Business graduates are therefore expected to develop an ability to look beyond the immediate and the obvious, in order to develop sustainable competitive strategies. This module provides the necessary platform to equip students with the skills required to develop foresight and think strategically to compete effectively in the present hyper-competitive environment. The underlying theory and frameworks that provide the foundations of a successful business strategy are explored and the tools needed to understand that strategy: SWOT, Environmental, Five Forces, Resource Analysis, Stakeholder Analysis and Strategic Change are discussed through case studies.