Strategising in an Uncertain World 5 credits

In an era of geopolitical turbulence, environmental disruption, and rapid technological change, strategic thinking requires agility, foresight, and resilience. This course explores how business leaders can design and execute strategies that remain robust under uncertainty. You will engage with key frameworks and debates in contemporary strategy and organisational theory to understand how global political and socio-environmental trends shape business opportunities and risks. Core themes include the geopolitical and historical foundations of the global economy, the evolving role of the Nordic model, and the interaction between external enablers and firm-level capabilities. The course examines how organisations balance exploration and exploitation through ambidexterity, sustain innovation over time, and embed sustainability as a strategic orientation rather than a compliance task. You will develop skills in assessing internationalisation strategies, managing strategic risks, and employing diverse modes of reasoning - such as analogical and systems-thinking - to navigate uncertainty. By integrating analytical insights with practical cases, the course equips you in your future role as a leader to interpret complexity, make informed strategic decisions, and lead organisations with confidence in volatile environments <br> <br> <br> ** Connection to Research ** You will learn about relevant theories concerning strategising in an environment characterised by volatility, uncertainty, complexity, and ambiguity. Each module of the course will expose you to new theories, which you will then apply to real-world business cases. **Connection to Practice ** In each module, you will work on strategy exercises using real-world, contemporary business cases. You will also learn about and discuss contemporary trends in business digitisation. For the group assignment, you will work with a real-world case to develop and pitch innovative and theory-guided recommendations for strategising in uncertainty. **Connection to Ethics, Responsibility, Sustainability (ERS)** In each module, you will learn about relevant ethical and/or sustainability implications of key theories or strategy work discussed. In the individual exam, you will describe the ethical implications of contemporary social trends. In your group project, you will complement your solution with a discussion how it can be implemented responsibly.