Business StrategyII

Program Credit Course Code : PGPM : 3 : SL GM 612 Class of Sessions : 2012 : 30

Fourth Semester

AIM
The objective of this course is to introduce the student with working knowledge of corporate restructuring, mergers and acquisitions and alliances which most organizations are undergoing in todays turbulent globalized environment and familiarize them with emerging thoughts and practices in the field of strategic management.

LEARNING OUTCOMES
1) Compare and contrast the changing paradigms in contemporary strategic thinking and practices. 2) Discuss the impact of increasing levels of globalization in strategy formulation and implementation. 3) Understand the compelling needs of restructuring a firm and various ways of implementing the same. 4) Outline cooperative strategies open to a firm, identify conditions for successful collaborations and analyze causes for break up. 5) Analyze the rationale of firms for pursuing inorganic growth strategies (viz. M&A), evaluate ways to select target firms and appreciate the need to prepare integration blue print and identify constraints. 6) Familiarize and apply modern tools of strategy implementation and control. REFERENCE BOOKS Strategic Management Mergers, Restructuring and Corporate Control Crafting and Executing Strategy the Quest for Competitive Advantage Concepts & Cases, 14th e Exploring Corporate Strategy Competing for the Future Introduction to Business Strategy Managing Across Borders In Search of Excellence Future of Competition AUTHOR / PUBLICATION Pearce & Robinson. Tata Mc Graw Hill (10th Edn) 2007 Weston, J Fred et al. Prentice Hall, India Thompson et al. Tata McGraw Hill - 2006

Keven Scholes & Jerry Johnson Pearson VII ed Prahalad, CK / Hamel, Gary. Free Press - 1996 IUP Bartlett and Ghosal, HBS Press Peters and Waterman, Profile Books C. K. Prahalad and Venkat Ramaswamy, HBS Press, 2004. Palepu on Emerging Markets Paradigm of Co creation. International Business Environment: Challenges in International Business Environment Trans National Corporations Growth of Indian MNCs FDI Global Workforce.

Detailed Syllabus Competing for the Future: Beyond Restructuring and Reengineering Views of Sumantra Ghoshal: Sweet & Sour - Empowerment Emerging Strategy Paradigms - Unlearning Curve Strategy as Stretch and Leverage Views of Khanna and

Corporate Restructuring: Why Restructuring Basic Tenets Forms of Restructuring Asset Capital Organizational Business Restructuring Outcomes Numerator and Denominator Management Force Field Analysis Organizational Inertia Strategic Transformation. Turn Around Management: Turnaround Indicators Turnaround Stage Theory Decline Response Initiation Transition Outcome

Strategic Alliances and Joint Venture: Cooperative Strategies Franchising Licensing Value Chain Partnership Consortia Motives and Types Successful JVs Partner Selection Life Cycle of a JV JV Failures. Mergers & Acquisition: Organic Vs Inorganic Growth Theories of M&A Types and Motives Due Diligence Valuation Corporate Control Integration Blueprint Synergy Financing (LBO) Take Over Announcement SEBI Takeover Code (Introduction) Defensive Strategies Reverse Merger/Demerger Cross Border M&A Issues leading to failure of M&As. Strategic Tools: Benchmarking Best Practices Business Process Re Engineering Reverse Engineering Quality as a Differentiator Balance Score Card Strategy Mapping. Contemporary Issues: Blue Ocean Strategy CSR as a Strategy Competitive Innovation Bottom of the Pyramid Technology Strategy Global Competitivenes

BenQ Corp.s Failed Acquisition of Siemens Mobile Devices Division Tata Motors and Fiat Auto: Joining Forces eBays Problems in China Corporate Turnaround of Pharmacia & Upjohn Alan Mulallys Challenges at Ford Motor Company SC Johnsons CSR Initiatives: Testing the Base of the Pyramid Protocol Innovation at Whirlpool: Creating a New Competency Strategic Planning at United Parcel Service Tescos Steering Wheel: A Tool for SVC and Business Transformation Pricelines Pricing Strategy: Name Your Own Price (NYOP) & Beyond Restructuring Pantaloon Retail: The Future Group Initiative The Body Shop: Social Responsibility or Sustained Green washing? Innovation at Cirque du Solei lMTV Networks International: Localizing Globally Source: Case Studies in Business Strategy Vol-VII Suggested Schedule of Session Topic Competing for the Future International Business Environment Corporate Restructuring No. of Sessions 4 3 4 1 3 5 4 6 30

Cases Business Transformation at Telefnica De Espaa JCPenneys People Strategy: Setting the Right Climate for HRD Coral Divers Resort (Revised) The Hutchison Essar Acquisition: Vodafones Foray into an Emerging Market Volkswagens Acquisition of Skoda Auto: A Central European Success Story The betapharm Acquisition: DRLs Inorganic Growth Strategy in Europe

Turn Around Management Strategic Alliances and Joint Venture Mergers & Acquisition Strategic Tools Contemporary Thinking & Emerging Trends Total Sessions