IB349-15 Operational Research for Strategic Planning
Introductory description
This is an elective module available for WBS and non-WBS students. To find detailed availability and to apply for this module, log in to my.wbs.ac.uk using your normal IT login details and apply via the my.wbs module application system. Once you’ve secured a place on my.wbs you should apply via your home department’s usual process, which usually takes place via eVision. Note that you do not require the module leader’s permission to study a WBS module, so please do not contact them to request it.
Module aims
To develop an understanding of the range of methods and models available to support
the development of effective strategic decisions.
To equip students with the knowledge and skills to identify, apply and reflect on the use
of a selection of methods that are appropriate for supporting the development of
effective strategic decisions.
To instil in students an appreciation of how the methods can be incorporated within the
planning process.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
A conceptual model of the strategic development process is introduced which identifies a set of essential elements for example:
vision development, strategy creation, strategy rehearsal and evaluation, performance measurement. Frameworks, methods and
models to support the development process include but are not limited to:
- Problem structuring methods
- Visioning approaches
- Strategy formulation approaches including SWOT / TOWS analysis
- Scenario planning
- Evaluation approaches
The module will focus on a selection of methods; this selection may vary from year to year. The teaching style emphasises the
practical application of techniques for strategy support through the use of case studies and group exercises.
Learning outcomes
By the end of the module, students should be able to:
- Understand the range of methods and models available to support the development of effective strategic decision making.
- Appreciate how methods to gather and structure data, to support divergent and convergent thinking and to assess qualitative data inputs can be incorporated within the strategy development process.
- Analyse information and present it in an intelligble form.
- Reflect upon the application of methods.
Indicative reading list
Reading lists can be found in Talis
Subject specific skills
Apply the methods taught, including gathering data.
Transferable skills
Demonstrate written, analytical communication skills.
Utilise and develop analytic skills.
Use information technology (e.g. WP, www, specialist packages).
Work with others (e.g. teamwork).
Study time
| Type | Required |
|---|---|
| Lectures | 10 sessions of 1 hour (7%) |
| Seminars | 9 sessions of 1 hour (6%) |
| Online learning (independent) | 10 sessions of 1 hour (7%) |
| Private study | 48 hours (32%) |
| Assessment | 73 hours (49%) |
| Total | 150 hours |
Private study description
Private Study.
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A8
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
|||
| Individual Assignment (15 CATS) | 80% | 58 hours | Yes (extension) |
Reassessment component is the same |
|||
Assessment component |
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| Groupwork | 20% | 15 hours | No |
|
Analysis slide pack (1500 word equivalent) |
|||
Reassessment component |
|||
| Individual Assignment | Yes (extension) | ||
|
Individual submission of a slide pack (1000 word equivalent) |
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Feedback on assessment
Feedback will be provided via my.wbs.
There is currently no information about the courses for which this module is core or optional.