733333 Strategic management (in Eng.)

Vortragende/r (Mitwirkende/r)
Darnhofer, Ika
Institut für Agrar- und Forstökonomie
Angeboten im Semester
Wintersemester 2017/18
Unterrichts-/ Lehrsprachen


To persist, farms need to cope with a rapidly changing environment. To effectively deal with change, farmers need to acquire skills in strategic management. These include the ability to read change in the external environment, define and redefine organizational purpose, as well as handle the complex trade-offs between demand by customers, resource constraints, and shifting relationships (on- and off-farm) while taking into account path-dependency. Thus, strategy formulation involves understanding the dynamics in the economic, social and natural environment, assessing the possible impacts of technological and regulatory change, recognizing opportunities, all the while taking into account the preferences of various family members. Farmers thus need to develop the ability to compete (e.g. on markets) as well as to cooperate (e.g. with regional partners) in an environment subject to unpredictable changes.
Note that this course is more conceptual than it is technically operational. Treat this course as an opportunity to set aside some time to think critically, creatively and expansively about what 'strategic management' may mean. The activities will focus on encouraging students to connect the theoretical issues to concerns related to farm managenet and to their own interests.

Please download the Syllabus (see below, 'Zusatzinformationen') for further information (on deadlines, grading, etc.). Please note that attendance at the first class is compulsory.

Inhaltliche Voraussetzungen (erwartete Kenntnisse)

Students must have completed their Bachelor studies and must have completed some classes related to management or to agricultural economics, i.e. be familiar with the basic principles of neoclassical economics.


Upon completion of the course, students can:
+ distinguish different approaches and understandings of 'strategic management' and apply it in the farming context;
+ present a convincing theoretical argument, using of carefully selected scientific texts and empirical evidence;
+ write a text that is well-structured and concise, using exact and clear wording;
+ reflect on the strengths and weaknesses of their work habits.
Noch mehr Informationen zur Lehrveranstaltung, wie Termine oder Informationen zu Prüfungen, usw. finden Sie auf der Lehrveranstaltungsseite in BOKUonline.