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306032 (v.1) WASM Resource Sector Management 601
Area: | WASM Mineral Economics Teaching Area |
Credits: | 25.0 |
Contact Hours: | 32.0 |
Lecture: | 8 x 4 Hours Fortnightly |
Syllabus: | Strategic Management - Porter's Five Forces and Generic Strategies, Porter's Value Chain - Influence upon Organisational Structure. The resource-based view of the firm (Core and Key Competence), Does industry matter? Competitive Strategy, Cooperative Strategy and 'Co-opetition', McKinsey's Seven S's (Strategy, Structure, Skills, Style, Staff, Shared Values, System), Corporate Strategy (The role of the corporate centre), Portfolio Theory and Conglomerates, 'New' Economy versus 'Old' Economy Business Models - Is there a difference? Operations Management - Principles of Scientific Management (Taylorism), Theory of Constraints (Goldratt), Critical Path Project Management, 'Lean' Production (The Toyota Production System), Inventory Management (Is inventory an asset or liability?), Management Accounting (Why use it?), Operations Performance Metrics. |
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Unit Outcomes: | On successful completion of this unit, students will have- Distinguished key concepts in strategic management and operations management with special reference to the commodities industries. An understanding of frameworks, tools and techniques that can influence corporate performance in the minerals industry and assessed present industry deficiencies. Analysed techniques designed to increase the daily operating performance of companies and methods to ensure the long-term competitiveness of business concerns. |
Texts and references listed below are for your information only and current as of September 30, 2003. Some units taught offshore are modified at selected locations. Please check with the unit coordinator for up-to-date information and approved offshore variations to unit information before finalising study and textbook purchases. |
Unit References: | Trench, A. and Judge, T. (2002), The Insider's Guide to Success in Australian Business and Management. New York, Wrightbooks, John Wiley. Trench, A. (2001). In Search of Mining Excellence - Beyond a First Class Ticket. Judicial Holdings Pty Ltd. Trench, A. (2000). The Business of Mining - Beating the Commodity Trap. Bentley, Curtin University of Technology. |
Unit Texts: | Goldratt, E.M. and Cox, J. (1998). The Goal: A Process of Ongoing Improvement (second edition). London, Gower Publishing. Nalebuff, B. and Brandenburger, A. (1996) Co-opetition. London, Harper Collins Business |
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Unit Assessment Breakdown: | Examinations 40%, Individual and syndicate assignments 60%. This is by grade/mark assessment. |
Field of Education: | 80300 Business and Management (Narrow Grouping) | HECS Band (if applicable): | 2 |
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Extent to which this unit or thesis utilises online information: | Not Online | Result Type: | Grade/Mark |
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Availability
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 2 | Y | | |
Area
External | refers to external course/units run by the School or Department, offered online or through Web CT, or offered by research. |
Central
External | refers to external course/units run through the Curtin Bentley-based Distance Education Area |
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