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Level 8 Diploma in Strategic Management and Leadership Practice

Strategic Control and Governance Mechanisms

SMP807 · Entrepreneurship and Innovation — Week 11 of 16

CourseSMP807
Week11 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Strategic Control and Governance Mechanisms

  1. Venture milestone dashboards
  2. Balanced scorecards for emerging firms
  3. Agile pivoting trigger systems
  4. Board reporting and fiduciary controls
  5. INSEAD Explains Governance: What Does a Board Member Actually Do?
  6. Business Strategy 14 - Organization Structure & Controls
  7. SBL Topic Explainer: Internal Control Systems

What you will be able to do

  • 4.2 Develop a control and monitoring mechanism for the business plan.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: develop a control and monitoring mechanism for the business plan.

Study materials

Videos

  • INSEAD Explains Governance: What Does a Board Member Actually Do? · YouTube · INSEAD · 14 min · for registered students
  • Business Strategy 14 - Organization Structure & Controls · YouTube · Ajarn Olli · 42 min · for registered students
  • SBL Topic Explainer: Internal Control Systems · YouTube · ACCA Student Study Resources · 28 min · for registered students
  • Board Governance: Risks and Opportunities in a Complex World 🌍 · YouTube · eCornell · 61 min · for registered students
  • Session 3 (Undergraduate): Corporate Governance · YouTube · Aswath Damodaran · 82 min · for registered students

Further resources

  • Corporate Governance, ch. 6: Oversight, Compliance, and Risk Management · PDF · Saylor Academy, textbook chapter; pp. 107–120 · for registered students
  • Principles of Management, ch. 15: The Essentials of Control · PDF · Saylor Academy, textbook chapter; pp. 566–607 · for registered students
  • UK Corporate Governance Code 2024 · PDF · Frc, guidance; 19 pages · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 10Week 12
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Enterprise Typologies and Global Ecosystems
  • Week 2: Entrepreneurial Profiling and Competency Evaluation
  • Week 3: Systemic Creativity and Innovation Ecosystems
  • Week 4: Appraisal of Innovative Management Concepts
  • Week 5: Leading Transformational Change and Innovation
  • Week 6: Venture Opportunity Identification and Analysis
  • Week 7: Operational and Market Feasibility Testing
  • Midterm: Midterm evaluation
  • Week 9: Financial Forecasting and Valuation Techniques
  • Week 10: Strategic Business Plan Synthesis
  • Week 11: Strategic Control and Governance Mechanisms
  • Week 12: Applying Entrepreneurship and Innovation in practice: case …
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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