At HRMI: Innovation & Strategy focused MBA
Professor Michael Porter of the Harvard University says, “Unless companies have a clear vision about how they are going to be distinctly different and unique, they will not survive the intensity of competition. Strategy is all about creating a competitive advantage, differentiating yourself from competition. It’s not just a matter of being better but being different at what you do. That difference is derived from Innovation”. The Northampton MBA focused on Strategy and Innovation essentially provides the learning every executive or manager needs to establish a culture of innovation and strategic focus organisations need to ensure sustainability and growth in today’s competitive context.
UNIVERSITY OF NORTHAMPTON UK is a globally respected and recognised institution of higher learning currently Ranked at Number 43 in the 2016 UK Guardian Ranking for Business, Management and Marketing studies. University of Northampton together with Human Resource Management Institute (HRMI) Sri Lanka is offering this unique MBA to facilitate development of strategy and innovation competencies required in senior management positions. Studying innovation and strategy is an absolutely fascinating learning experience.
Learning Strategy and Innovation is equally critical for individuals as well as for organisations. The survival and success of both depend on how they would differentiate from the rest. The entire learning content of the Northampton MBA attempts to find solutions to 2 fundamental issues advocated by Prof. Michael Porter of the Harvard Business School, the leading authority on competitive strategy and competitiveness. The 2 issues (1) How should we differentiate our products & services from our competitors? (2) How should we make our processes more efficient and cost effective than our competitors? The 11 modules at Stage 1 of the Northampton MBA extensively deals with finding solutions from all aspects of strategy to enhance the sustainable competitiveness of organisations.
This 2 years MBA involves 12 months of coursework and 12 months of Research and 100% compliant with UK Quality Standards for content, duration and academic integrity. It fulfills all criteria in terms of the Qualification and Credit Framework of UK and provides 2years of learning required for international recognition and migration purposes.
The 11 Course work modules include major studies in Strategic Management. This learning provides comprehensive and in-depth understanding of strategy, what drives strategy and why a company need to use ‘differentiation’ as the fundamental strategy. The learner will understand the process of developing a strategic plan together with relevant tools and techniques. The connectivity between innovation and strategy is illustrated with many case studies.
The module on Managing Innovation focuses on the significance of creating a companywide innovation culture and what a company needs to do to establish an innovation pipeline to achieve a sustainable competitive edge.
Other modules include Strategic Marketing Management, Strategic Supply Chain Management & Logistics, Strategic Management and Leadership Skills, Strategic Change Management, Strategic Human Resource Management, Strategic Quality and Systems Management, Corporate Communication Strategies, Managing Financial Principles and Techniques and Professional Development for Strategic Managers.
HRMI offers several Qualifications leading to Bachelor’s and Master’s degrees from University of Derby and University of Northampton, UK. Thus the choice of internationally recognized courses available at HRMI makes it the ‘centre of excellence for globally recognised management education’ in Sri Lanka. Please visit: www. hrmi.lk or call 077 2204101 or 071 2724425 for details.