MBA (Master of Business Administration)

Strategic Foresight BUS5006

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 10
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: No

Short Description

This course is designed to introduce participants to the key questions over the future direction of business and management practice, with some emphasis on social and environmental issues as well as on the opportunities and challenges technological changes bring to organisations. It also helps students to integrate previous knowledge and concepts.

Timetable

This course will be delivered through a series of seminars, guest lectures and workshops over semester 2. It will run on a weekly basis for 2 to 3 hours each session, for a total of 10 sessions.

Excluded Courses

None

Co-requisites

None

Assessment

In-course assessment:

 

ILO

Assessment

Weighting

2, 3, 4

Individual creative piece - 3 min video, podcast or animation, song (max 1 page lyrics), poem, comic, poster, etc 

25%

1, 2, 3

Individual 1,500 report

75%

.

Course Aims

This course is designed to introduce participants to key questions over the future direction of business and management practice. It introduces a range of intellectual and disciplinary perspectives from across the social sciences and other allied disciplines such as engineering, environmental science and/or medicine, identifying the key challenges that organisations face as they seek to develop sustainably in a fast-changing world. Most class discussions may include business ethical issues and the impact digital technologies may have in strategic decisions.

Intended Learning Outcomes of Course

By the end of this course students will be able to:

1. Integrate topics covered by guest speakers and lessons learnt through the MBA to assess tensions between internal and external strategic issues affecting the sustainable development of an organisation.

2. Criticise analytical tools, frameworks and or models available in academic and business practice literatures to select the most appropriate and create a possible future for a specific organisation.

3. Critically assess how developments in digital technologies may impact organisational vulnerabilities and discuss how to identify, quantify, react, and manage the risks associated with them.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.