This course examines the underlying economics of successful business strategy: the strategic imperatives of competitive markets, the sources and dynamics of competitive advantage, managing competitive interactions, and the organizational implementation of business strategy.
The course combines case discussion and analysis (approximately two thirds) with lectures (one third). The emphasis is on the ability to apply a small number of principles effectively and creatively, not the mastery of detailed aspects of the theory. Grading is based on class participation and online case quizzes (35%), case write-ups (25%), and a take-home case-based exam (40%). The course offers excellent background for all consultants, managers and corporate finance generalists.
Charles Angelucci is an Assistant Professor at Columbia Business School. He received his Ph.D. from the Toulouse School of Economics and focuses on Microeconomic Theory, Organizational Economics, and Industrial Organization. He is particularly interested in how organizations design decision rules and processes to foster information acquisition. He also conducts research on the media industry, which aims at understanding how the reliance on advertising...