DSM-504 Strategic Planning and Decision Making

















Need for effective strategic management; Corporate mission; Key result areas and situational analysis including strengths, weaknesses, opportunities and threats; Identifying planning assumptions, critical issues, setting objectives, formulating strategy; Managing technology as a strategic resource of the firm; Understanding of the process, roles and rewards of technological innovation; Integrating the strategic relationship of technology with strategic planning, marketing, finance, and manufacturing; Government, societal and international issues; Issues pertaining to cultural diversity and ethical concerns. Subjective, judgmental and expert decisions; Conflict resolution in strategic decisions involving technological alternatives; Hierarchical decision modelling; Individual and aggregate decisions; Decision discrepancies and evaluation of group disagreements.

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