To provide students with an understanding of the wider business context in which Actuaries will work,
integrating where appropriate the analysis of case studies to enhance the learning.
Module will run
Autumn Term 2020-21 to Summer Term 2020-21
To provide students with an understanding of the wider business context in which Actuaries and other related professionals will work,
integrating where appropriate the analysis of case studies to enhance the learning. The competencies
gained should enable students to apply tools and techniques to assist strategic thinking for a role managing organisations.
Module learning outcomes
On successful completion of this subject, a student will be able to operate in the professional arena by maintaining awareness of key ethical and legal issues, continuing to deepen and expand their knowledge and recognising how management practice impacts on stakeholders and society and specifically:
analyse the key drivers of external and internal business environments.
apply the strategic tools and frameworks needed to assess the competitiveness of a business.
develop a coherent business strategy.
define a business’s culture.
explain how a business’s culture will impact on the implementation of a chosen strategy.
understand the role of values and behaviours in the long term success of a business.
understand how to manage change within an organisation.
understand the importance of leadership in an organisation.
understand the nature and dynamics of working in teams.
Topics could include:
The external business environment
The internal business environment and organisational behaviour
Working in teams
% of module mark
Special assessment rules
% of module mark
Feedback in line with TYMS policy
Johnson G., Whittington, R. and Scholes, K. (2014) Fundamentals of Strategy, Pearson, London
Clegg, S. Kornberger, M. & Pitsis, T (2015) Managing and Organizations: An Introduction to Theory and Practice. 4th ed. London: Sage