Specifications of the qualifications and experience required of staff
Learning Outcomes
On successful completion of this module the learner will be able to:
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Learning Outcome Description
LO1
Review and categorise the range of strategic issues faced by organisations in specific contextual conditions
LO2
Identify the effect that different external and internal factors have on the organisation and the strategy process
LO3
Demonstrate an ability to apply critical learning to the practice of developing a business in specific contextual conditions
LO4
Communicate, present and articulate an understanding of the importance of setting targets and reviewing progress for sustaining and developing a business
LO5
Demonstrate an understanding of the key processes (innovation, financial management, risk – management, time management, and development of human resource skills) involved in growing a business
Dependencies
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements
Module Content & Assessment
Indicative Content
The Strategy Process
•Introduction to key concepts •Strategy formulation v’s strategy formation •Strategy as a pattern, plot, plan, position and perspective
The Business Environment
•Levels of the environment •Macro environmental drivers for change •The ESTEMPLE framework (PESTEL) •The competitive environment and industry/sector structure •The 5 Forces model
Corporate Level Strategy
•Structure and corporate configuration •Strategic Business Units portfolio
Business Level Strategy
Competitive advantage •Generic strategies •Resources and capabilities •Strategic position
Opportunity Development
•Business Development Plan •New venture ideas •Opportunity Recognition •Opportunity Evaluation •Resource availability
Assessment Breakdown
%
Coursework
50.00%
End of Module Assessment
50.00%
Assessments
Reassessment Requirement
Repeat failed items The student must repeat any item failed
Reassessment Description Repeat Assessments will be conducted in accordance with current college Assessment Regulations which are available on the Learner portal, in the Learner handbook and through the College internet site. These policies can also be viewed at: https://www.ncirl.ie/Students/Exams
Specifically, where a learner fails to achieve a pass on the written exam on this module, he/she must resit another written exam. Failure to achieve a pass on the work-related assignment means he/she will initially be provided with feedback from the lecturer and then asked to re-evaluate the research done and resubmit based the feedback received. An appropriate timescale will be provided. If the learner fails the second written exam, he/she will be afforded a third attempt. A second failure on the work-related assignment means he/she will be given a new assignment and will be given appropriate time to complete and submit.
A third failure on either assessment will mean that the learner must repeat the module.
NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Module Target Workload Hours 0 Hours
Workload: Online
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Lecture
Online class (3 x 3 hour classes)
9
Every Third Week
3.00
Total Weekly Contact Hours
3.00
Workload: Part Time
Workload Type
Workload Description
Hours
Frequency
Average Weekly Learner Workload
Independent Learning Time
Independent learning/study/research
160
Every Week
160.00
Workbased learning
Work related learning/research
40
Every Week
40.00
Directed Learning
Directed reading followed by formative assessment
14
Every Third Week
4.67
Lecturer-Supervised Learning (Contact)
Online discussion forum
16
Every Third Week
5.33
Lecture
2 x full day workshops
14
Every Third Week
4.67
Total Weekly Contact Hours
54.67
Module Resources
This module does not have any book resources
This module does not have any article/paper resources