5 P of Strategy
5 P of Strategy
Warehousing, Handling, and Picking Systems: Warehousing, Handling, and Picking Systems, Warehousing
Basics, Storage Facilities, Static Storage Systems, Dynamic Storage Systems, Conveyors, Discontinuous Conveyors,
Continuous Conveyors, Sorters, Packages, Loading Units, and Load Carriers, Picking and Handling, Warehouse
Organization, Inventory, Stock and Provisioning Management. (5+2)
1. Understanding Strategy: Concept of strategy, Levels of Strategy - Corporate, Business and Functional. Strategic Management
- Meaning and Characteristics. Distinction between strategy and tactics, Strategic Management Process, Stakeholders in
business, Roles of stakeholder in strategic management. Strategic Intent – Meaning, Hierarchy, Attributes, Concept of
Vision & Mission - Process of envisioning, Difference between vision & mission. Characteristics of good mission
statements. Business definition using Abell’s three dimensions. Objectives and goals, Linking objectives to mission &
vision. Critical success factors (CSF), Key Performance Indicators (KPI), Key Result Areas (KRA). Components of a strategic
plan, Analyzing Company’s External Environment: Environmental appraisal, Scenario planning – Preparing an
Environmental Threat and Opportunity Profile (ETOP). Analyzing Industry Environment: Industry Analysis - Porter’s Five
Forces Model of competition, Entry & Exit Barriers. (7+2)
2. of business models, new business models for Internet Economy– E-Commerce Business Models and Strategies – Internet
Strategies for Traditional Business –Virtual Value Chain. Sustainability & Strategic Management.Threats to sustainability,
Integrating Social & environmental sustainability issues in strategic management, meaning of triple bottom line, people -
planet-profits. (7+2)
9. Understanding Strategy: Concept of strategy, Levels of Strategy - Corporate, Business and Functional. Strategic Management
- Meaning and Characteristics. Distinction between strategy and tactics, Strategic Management Process, Stakeholders in
business, Roles of stakeholder in strategic management. Strategic Intent – Meaning, Hierarchy, Attributes, Concept of
Vision & Mission - Process of envisioning, Difference between vision & mission. Characteristics of good mission
statements. Business definition using Abell’s three dimensions. Objectives and goals, Linking objectives to mission &
vision. Critical success factors (CSF), Key Performance Indicators (KPI), Key Result Areas (KRA). Components of a strategic
plan, Analyzing Company’s External Environment: Environmental appraisal, Scenario planning – Preparing an
Environmental Threat and Opportunity Profile (ETOP). Analyzing Industry Environment: Industry Analysis - Porter’s Five
Forces Model of competition, Entry & Exit Barriers. (7+2)
10. of business models, new business models for Internet Economy– E-Commerce Business Models and Strategies – Internet
Strategies for Traditional Business –Virtual Value Chain. Sustainability & Strategic Management.Threats to sustainability,
Integrating Social & environmental sustainability issues in strategic management, meaning of triple bottom line, people -
planet-profits. (7+2)
1. Introduction: Importance of Decision Sciences & role of quantitative techniques in decision making.
Assignment Models: Concept, Flood’s Technique/ Hungarian method, applications including restricted,
multiple assignments and maximization objective. Transportation Models: Concept, formulation, problem
types: balanced, unbalanced, restriction and maximization, Basic initial solution using North West Corner,
Least Cost & VAM, Optimal solution using MODI, multiple solution case to be considered. (8+2)
2. Linear Programming: Concept, Formulation & Graphical Solution. Markov Chains: Applications related to
management functional areas, estimation of transition probabilities. Simulation Techniques: Monte Carlo
Simulation, scope, and limitations. (7+2)
3. Probability: Concept, Conditional Probability theorem-based decision making. Probability Distributions:
Normal, Binomial, Poisson (Simple numerical for decision making expected). Queuing Theory: Concept,
Single Server (M/M/I, Infinite, FIFO), Introduction of Multi Server (M/M/C, Infinite, FIFO) (Numerical on
single server model expected) (8+2)
4. CPM & PERT: Concept, Drawing network, identifying critical path, Network calculations- calculating EST,
LST, EFT, LFT, Slack, floats & probability of project completion in case of PERT. Network crashing: Concept
of project cost and its components, time and cost relationship, crashing of CPM network. (8+2)
5. Decision Theory: Concept, Decision making under uncertainty Maximax, Maximin, Minimax regret,
Hurwicz’s & Laplace criterion, Decision making under risk (EMV, EVPI) for items with and without salvage
value. Game Theory: Concept, 2 × 2 zero sum game, Pure & Mixed Strategy, solution of games with
dominance, average dominance method. Sequencing problem: Introduction, Problems involving n jobs-2
machines, n jobs- 3 machines & n jobs-m machines, Comparison of priority sequencing rules.(6+2)
Important Note:
1. In each unit caselet related to management situation in various functional domains shall be discussed by the
subject teacher.
2. Numerical based on functional areas of business are expected on each unit
CO 308 .2 Understanding EXPLAIN the Importance of project management methodologies and tools
at the distinct stages in the Project’s life cycle
CO 308 .3 Applying ILLUSTRATE the importance of PM in most industries and businesses
integrating the WBS with the organization, Coding the WBS for information system, Project Roll Up, Process
Breakdown Structure, Responsibility Matrices. (5+1)
2. Project Planning: Estimating Project Times and Costs: Factors Influencing Quality of Estimates, Estimation
Guidelines for Time, Costs and resources, Macro versus Micro Estimating, Methods for Estimating Project Times and
Costs, Level of detail, Developing Budgets, Types of Costs, Refining estimates and contingency funds. Developing a
Project Plan: Developing the Project Network, From Work Package to Network, Constructing a Project Network,
Activity-on-Node Fundamentals, Network Computation process, Using the Forward and Backward pass information,
Level of Detail for activities, Extended Network techniques. (5+1)
3. Project Scheduling & Risk Management: Scheduling Resources and Reducing Project Duration: Types of
Project Constraints, Classification of Scheduling Problem, Resource Allocation Methods, Splitting, Multitasking,
Benefits of scheduling resources, Assigning Project work, Multi Project resource Schedules, Rationale for reducing
project duration, Options for accelerating Project Completion, Concept and construction of a Project Cost – Duration
Graph, Practical considerations . Managing Risk: Risk Management process – Risk Identification, Risk Assessment, Risk
Response Development, Contingency Planning, Risk Response Control, Change Control Management. (5+1)
4. Project Organization: The Project Manager: Role and Responsibilities of the project Manager, Planning,
Organizing, Controlling, Skills of the Project Manager – Leadership Abilities, Coaching & mentoring Abilities,
Communication Skills, Interpersonal Skills, Ability to Handle Stress, Problem Solving Skills, Time Management Skills,
Delegation, Management of Change. Managing Project Teams: The five stage team development model, Situational
factors affecting team development, Team effectiveness, Conflict in projects, Sources of Conflict, Handling Conflict.
Managing Virtual Project teams, Project team pitfalls. (5+1)
5. Project Evaluation: Progress and Performance Management and Evaluation: Structure of a Project
Monitoring Information System, Project Control Process, Monitoring Time Performance, Need for an Integrated
Information System, Developing a dashboard, status report and index to monitor progress, Forecasting final project
cost, Other control issues. Project Audit and Closure: Project Audit, Project Audit Process, Project Closure, Team,
Team member and Project Manager Evaluations. (5+1)
CO310.5 EVALUATING Evaluate the legal framework and global perspective of Corporate
Governance.
CO310.6 CREATING DISCUSS Cases related to Corporate Governance.
1. Conceptual Framework of Corporate Governance: Introduction, Need and Scope Evolution of Corporate
Governance, Developments in India. Corporate Governance Code and Agency Theory. Corporate Governance
Code&Principles (OECD). Theory in Corporate Governance: AgencyTheory, Stakeholder theory, Stewardship theory.
Models of Corporate Governance Anglo American Model. Japanese Model, German Model and Indian Model.
Elements of GoodCorporateGovernance, RecentCorporate Governance Committee reports like N.R.Narayan Murthy
Committee, J.J.Irani Committee,etc (5+1)
2. Legal Framework for Corporate Governance: Key Provisions of Companies Act 2013on Corporate
Governance for Listed and Unlisted Companies, SEBI LODR Regulations, Clause 49 - Listing agreement, Board
Composition, Board Meetings, Role of Independent Director, Separation of roles of Chair- Person and MD /
CEO,Audit Committee, Audit Reports and Audit Qualifications. (5+1)
3. Corporate Governance and Other Stakeholders: Prevention of Oppression and Mismanagement, Corporate
Governance issues with regard to Related Party Transactions, Role of Investor Associations in Securing Shareholders
Rights, Role of Institutional Investors in Corporate Governance. Corporate Governance and Other Stakeholders:
Employees, Customers, Lenders, Vendors, Government, Society. (5+1)
4. Risk Management and problems of poor governance: Risk Management and Oversight, Enterprise Risk
Management, Roles and Functions of Internal Control, Disclosure about Risk, Risk Management and Internal Control. Risk
Management and Oversight, Enterprise Risk Management, Roles and Functions of Internal Control, Disclosure about
Risk, Risk Management and Internal Control. Poor Corporate Governance and Corporate Frauds: Meaning and
Consequences of poor corporate Governance, ways to improve corporategovernance, corporatefrauds and
importance of whistle blowing (5+1)
5. Emerging trends & Global Perspective of Corporate Governance: Meaning, need & features of ESG,
Importance of ESG , ESG Reporting, ESG Rating, Green Finance, Green lending and green bonds, Blue Finance,
Corporate Governance in PSUs, Banks.An overview of International Perspective of Corporate Governance and
Contemporary Developments in the Global Arena with focus on countries like UK, USA, South Africa & Australia (5+1)
Note: Relevant cases pertaining to the topic & course content need to be covered.
1. Introduction to Strategic Human Resource Management: Definition and objectives of SHRM, Evolution of SHRM,
Strategic Fit, Types of HR strategies, Linking HR strategies to business strategies (7+1)
2. Components of SHRM: Human Capital management, Valuation of human resources in a strategic level, HR cost,
Investments in HR, Formulation of HR strategies, Strategic HR vs traditional HR, HRM in knowledge economy, Challenges
and issues in implementation of HR strategies in Indian context (9+1)
3. HR Planning as a strategy: Business Strategy & HRP, HRP process, Job Analysis, Forecasting and analyzing HR demand
(qualitative and quantitative), Supply forecasting (external and internal), Comparison of demand and supply forecasting
(8+1)
4. Specific HR strategies: Talent Management strategies, Career Planning and succession planning, Compensation and
reward strategies, Employee engagement strategies (7+1)
5. Global Dimensions to HR strategy: SHRM in international context, Global competitive advantage, Issues and challenges
in SHRM, cross cultural management- developing cross cultural sensitivity, OCTAPACE, Global business ethics (9+1)
Note:
Case study-based approach should be emphasized
Numerical approach in HR planning and HR valuation should be adopted.
Suggested Text Books:
1. Strategic Human Resource Management, (Agrawal, Tanuja), Oxford University Press
2. Strategic Human Resource Management- A General Managerial Approach, (Greer, Charles P.), Pearson
Publications, Second Edition
3. Strategic Human Resource Management, (Mello, Jeffrey A.), Thomson Publications, Second Edition
4. Suggested Reference Books:
5. Human Resource Management- Text and Cases, (Pande, Sharan; Basak, Swapnalekha), Pearson Publication
6. Global Resource Management, (Bedi, S.P.S; Kishore, Minakshi), Wisdom Publications, 2007 Edition
7. International Human Resource Management, (Dowling, Peter J.; Welch, Denice E.), 4th Edition
Suggested Weblinks:
www.shrmindia.org
www.peoplematters.com
Suggested Reference Books:
Service operations management - Improving service delivery, Robert Johnston, Graham Clark, Pearson Publication
Services Sector Management An Indian Perspective, C. Bhattacharjee
Baldrige – Just What the Doctor Ordered, Quality Progress, Nelson
17. The Principles of Logistics: Definitions and Significance of Logistics. Logistical System of Services Elements of
Logistics, Distinction between Procurement Logistics, Production Logistics and Distribution Logistics, Service Level,
Logistics and Corporate Strategy, Supply Chains and Networks.( 7+2)
18. Logistics Systems: Logistical Infrastructure, Basic Terminology, Types and Functions, Transport Infrastructure and
Superstructure, Transport Routes and Transport Networks, Logistics Real Estate, Logistics Parks, and Freight Villages,
Information Infrastructure and Communication Infrastructure, Telecommunication Infrastructure, Satellite Systems and
Satellite Navigation. (8+2)
1. Logistics, by Harald Gleissner and J Christian Femerling
2. Lean Supply Chain and Logistics Management, by Paul Myerson
3. Supply chain logistics management, By Bowersox