
Strategic Management of Tourist Companies
Code: 104955Credits: 6
| Degree programme | Type | Course |
|---|---|---|
| Tourism | OB | 3 |
Contact lecturer
- Name :
- Jordi Datzira Masip
- Email :
- jordi.datzira@uab.cat
Group languages
You can consult this information at the end of the document.
Prerequisites
There are no prerequisites.
Objectives
The main objective of this course is to provide students with current knowledge and practical skills in strategic management of tourist companies. This is especially important in order to provide up-to-date applied knowledge of fundamental strategic issues, their pitfalls, and how to “read between-the-lines” of strategic management. During the course, we will analyse how external and internal factors shape the company’s strategic approaches, and what tools are available for the companies to define the best strategic options available to succeed in the marketplace.
The course has the following learning objectives:
- Understand the concept of strategy and the factors that affect strategic decision- making, implementation and evaluation.
- Understand the relationship between strategic planning and business performance.
- Conduct in-depth organizational, industrial and environmental analysis within the tourism industry.
- Understand how the differences in the economic, socio-cultural, political and legal environments among countries affect the decision-making process and strategic paths.
- Develop strategies for domestic and international operations.
- Apply the information received during theoretical sessions to current situations involving tourist companies internationally and/or globally active.
Learning outcomes
- Develop a capacity for independent learning.
- Use communication techniques at all levels.
- Take decisions in situations of uncertainty, taking into account potential consequences of these decisions in the short, medium and long term.
- Plan, organise and coordinate a work team, creating synergies and showing empathy.
- Work in a team.
- Have a business vision, pinpoint the customer's needs and pre-empt possible changes in the environment.
- Behave responsibly towards the environment.
- Analyse and diagnose the situation of a tourist destination, resource or space.
- Perform an internal and external analysis to diagnose a business's commercial situation.
- Apply the techniques of budgeting and strategic planning.
- Identify and evaluate new business opportunities in the sector.
- Identify the resources and capacities needed to develop new businesses.
- Develop skills in leadership and conflict management.
- Develop the skills needed to adapt to new business scenarios.
- Develop problem-solving skills in business.
- Behave ethically and adapt to different intercultural contexts.
- Display a customer service orientation.
Contents
Introduction to the unit Strategic Management of Tourist Companies
Topic 1: The concept of strategy
Topic 2: The tools of strategic analysis
Topic 3: Macro environment and external analysis
Topic 4: Internal analysis
Topic 5: Competitive strategies
Topic 6: Growth and development strategies
Topic 7: Internationalization strategies
Learning activities and methodology
| Title | Hours | ECTS | Learning outcomes |
|---|---|---|---|
| Project Development | 15 | 0.6 | 1, 3, 6, 7, 11, 12, 13, 14, 15, 16 |
| Public presentation of the Project | 4 | 0.16 | 1, 2, 3, 4, 5, 7, 10, 13, 14, 15, 17 |
| Study | 15 | 0.6 | 1 |
| Resolution of Practical cases | 30 | 1.2 | 1, 3, 4, 5, 6, 13, 14, 15, 17 |
| Theoretical classes | 30 | 1.2 | 6, 8, 9, 11, 12 |
| Resolutions of practical cases | 15 | 0.6 | 1, 2, 3, 4, 5, 7, 9, 10, 11, 12, 13, 14, 15, 16 |
| Tutorials | 24 | 0.96 | 1, 6 |
The teaching methodology is based on a continuous evaluation, combining theoretical content, practical in-class activities, research and analysis, presentations, and reports. Assistance and participation in class during the semester will also be assessed. Therefore, classes will be conducted in seminar format promoting student’s participation. It is important to remark that most of the theoretical material is needed to tackle the case studies and presentations. Fundamental theoretical notions and special issues in strategic management will be discussed in class and applied on case studies and assessments.
Assessment
Continuous assessment activities
| Title | Weight | Hours | ECTS | Learning outcomes |
|---|---|---|---|---|
| Assistance and participation | 15% | 0 | 0 | 2, 3, 4, 5, 6, 7, 8, 9, 11, 12, 13, 14, 15, 16, 17 |
| End term evaluation | 25% | 2 | 0.08 | 1, 4, 6, 7, 8, 9, 10, 12, 13, 16, 17 |
| Project (group) | 40% | 5 | 0.2 | 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 16, 17 |
| Practical in-class activities | 20% | 10 | 0.4 | 2, 3, 4, 5, 8, 9, 11, 12, 14, 16 |
Continuous evaluation
The continuous evaluation is composed of one evaluation (individual), a project (group), two practical in-class activities, and the participation and assistance in class. To pass the continuous evaluation, students need to reach a minimum of 3.5 out of 10 in each of the assessments. Otherwise, students will have to do the final evaluation at the end of the semester.
Evaluation activities summary
| Practical in-class activities | 20% |
| Project (group) | 40% |
| End term evaluation (individual) | 25% |
| Assistance and participation | 15% |
Unique evaluation
The unique evaluation is composed of three individual assessments to be delivered during the semester, and the final evaluation at the end of the semester.
| Assessment 1: Strategic position project report | 20% |
| Assessment 2: Case study presentation and video | 20% |
| Assessment 2: Strategic choices and implementation project report | 20% |
| Final evaluation | 40% |
Evaluations (end-term evaluation, final evaluation, and re-evaluation)
The evaluations include the following format in three parts:
- Part 1: Quiz (15%)
- Part 2: Short questions (30%)
- Part 3: Long questions (50%)
The grade for the subject will be NOT EVALUABLE when the student attends less than half of the assessment activities and/or does not attend the final exam.
Ethical considerations
In the event of a student committing any irregularity that may lead to a significant variation in the grade awarded to an assessment activity, the student will be given a zero for this activity, regardless of any disciplinary process that may take place. In the event of several irregularities in assessment activities of the same subject, the student will be given a zero as the final grade for this subject.
Restricted use of AI systems
This subject allows the use of AI technologies exclusively for support tasks such as bibliographic or content-based searches, text correction or translations, other specific situations may be contemplated, as deemed appropriate by the teacher.
The student must clearly (i) identify which parts have been generated using AI technology; (ii) specify the tools used; and (iii) include a critical reflection on how these have influenced the process and outcome of the activity.
Lack of transparency regarding the use of AI in the assessed activity will be considered academic dishonesty; the corresponding grade may be lowered, or the work may even be awarded a zero. In cases of greater infringement, more serious action may be taken.
Bibliography
Prescribed bibliography:
Evans, N. (2020). Strategic Management of tourism, hospitality and events (3rd Ed.). London: Routledge.
Johnson, G. (2015). Fundamentals of strategy (3rd Ed.) Harlow: Pearson.
Recommended bibliography:
Adner, R. and Zemsky, P. (2006). A demand-based perspective on sustainable competitive advantage. Strategic Management Journal, 27, 215-239.
Arend, R. J., Zhao, L., Song, M., and Im, S. (2017). Strategic planning as a complex and enabling managerial tool. Strategic Management Journal, 38, 1741-1752. DOI: 10.1002/smj.2420
Bowman, E. H., and Helfat, C. E. (2001). Does corporate strategy matter? Strategic Management Journal, 22, 1-23.
Campbell, B. A., Coff, R., and Kryscynski, D. (2012) Rethinking sustained competitive advantage from human capital. Academy of Management, 37, 3, 376-395. DOI: http://dx.doi.org/10.5465/amr.2010.0276
Colbert, B. A. (2004). The complex Resource-Based View: implications for theory and practice in strategic human resource management. Academy of Management, 29, 3, 341-358.
Ebben, J. J., and Johnson, A. C. (2005). Efficiency, flexibility, or both? Evidence linking strategy to performance in small firms. Strategic Management Journal, 26, 1249–1259
Elbanna, S. and Child, J. (2007). Influences on strategic decision effectiveness: development and test of an integrative model. Strategic Management Journal, 28, 431-453. DOI: 10.1002/smj.597
Evans, N., Campbell, D., and Stonehouse. G. (2003). Strategic Management for travel and tourism. Oxford: Elseveier.
Hitt, M. A., Ireland, R.D., Hoskisson, R. E., and Harrison, J. S. (2023). Strategic Management: competitiveness and globalization. Concepts and cases.Singapore: Cengage learning.
Huang, L., and Knight, A. P. (2017). Resources and relationships in entrepreneurship: and exchange theory of the development and effects of the entrepreneur-investor relationship. Academy of Management, 42, 1, 80-102. DOI: http://dx .doi .or g/10.5465/ami .2014.0397
Hult, T. M., Ketchen, D. J. JR., and Arrfelt, M. (2007) Strategic supply chain management: improving performance through a culture of competitiveness and knowledge development. Strategic Management Journal, 28, 1035-1052. DOI: 10.1002/smj.627
Inkpen, A. C., and Tsang, E. W. K. (2005). Social capital, networks, and knowledge transfer. Academy of Management, 30, 1, 146-165.
Jawahar, I. M., and McLaughlin, G. L. (2001). Toward a descriptive stakeholder theory: an organizational life cycle approach. Academy of Management, 26, 2, 397-414.
Kang, S-C., Morris, S. S., and Snell, S. A. (2007). Relational archetypes, organizational learning, and value creation: extending the human resource architecture. Academy of Management, 32, 1, 236-256.
Kirtley, J., and O'Mahony, S. (2023) What is a pivot? Explaining when and how entrepreneurial firms decide to make strategic change and pivot. Strategic Management Journal, 44, 197-230. DOI: 10.1002/smj.3131
Lieberman, M. B., and Asaba, S. (2006). Why do firms imitate each other? Academy of Management, 31, 2, 366-385.
Priem, R. L. (2007). A consumer perspective on value creation. Academy of Management, 32, 1, 219-235.
Rodriguez, P., Uhlenbruck, K., and Eden, L. (2005). Government corruption and the entry strategies of multinationals. Academy of Management, 30, 2, 383-396.
Schmidt, J., and Keil, T. (2013). What makes a resource valuable? Identifying the drivers of firm-idiosyncratic resource value. Academy of Management, 38, 2, 206-228. DOI: http://dx.doi.org/10.5465/amr.2010.0
Scott, S.G., and Lane, V. R. (2000). A stakeholder approach to organizational identity. Academy of Management, 25, 1, 43-62.
Song, M., Calantone, R. J., and Di Benedetto, A. C. (2002). Competitive forces and strategic choice decisions: an experimental investigation in the United States and Japan. Strategic Management Journal, 23, 969–978. DOI: 10.1002/smj.258
Wunder, T. (2019). Rethinking strategic management: sustainable strategizing for positive impact. CSR, Sustainability, Ethics & Governance.
Yin, X., and Shanley, M. (2008). Industry determinants of the \"Merger versus Alliance\" decision. Academy of Management, 33, 2, 473-491.
Software
- MS Teams/Zoom
- MS Office
Course groups and languages
The information provided is provisional until November 30. After this date, you will be able to consult the language of each group through this link. To access the information, you will need to enter the course CODE
| Type of teaching | Group | Language | Semester | Shift |
|---|---|---|---|---|
| (TE) Theory | 1 | English | second semester | morning-mixed |
| (TE) Theory | 2 | English | second semester | morning-mixed |