Masterstudium Business Informatics - Fakultät für Informatik, TU Wien

SBA/STM - Strategic Management and Innovation
ECTS-Credits: 6.0
Summary: This module introduces strategic management and innovation theory. Students
are enabled to perform strategic analysis as a basis for rational choice among and
evaluation of alternative courses of action. Furthermore they gain understanding of the
innovation process and success factors for the diusion of innovations. The theoretical
background and core concepts are provided in lectures and deepened in exercises, case
studies, and reports.
Learning Outcomes:
Knowledge:
Skills:
• Strategic analysis and strategic management
• Innovation management and innovation strategies
• Ability to formulate and evaluate strategic alternatives and skills in the usage of
strategy formulation tools and techniques
• Ability to benchmark technological innovations and to plan innovation processes
within enterprises
• Ability to critically discuss and evaluate alternative or conicting theories and
concepts
Competences:
• Discussion and feedback competencies
Syllabus:
• Organizational decision making investigates the design of organizational structures
and processes from a decision-theoretic-economic perspective. Decision theory
regards organizations as systems of distributed decision making where interdependent
decisions are allocated with many individuals. Based on individual decision
making we analyse how problems of coordination and motivation arize from this
division of labor among organization members. The necessary methodological basics
for the analysis of organizational problems is provided in form of lectures and
readings. Building on decision, team, game and principal-agent theory specic problems
of hierarchical organizations (especially problems of asymmetric information
between economic agents on dierent hierarchical levels) are discussed theoretically
as well as in exercises and experiments.
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