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| Module code: WiMb21WW112 |
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6 |
| Semester: according to optional course list |
| Mandatory course: no |
Language of instruction:
German |
Assessment:
[updated 25.08.2026]
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The total student study time for this course is 150 hours.
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Recommended prerequisites (modules):
None.
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Recommended as prerequisite for:
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Module coordinator:
Alexander Hamman, M.Sc. |
Lecturer: Alexander Hamman, M.Sc.
[updated 27.05.2026]
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Learning outcomes:
1.
After successfully completing this module, students will be able to:
• explain key concepts, actors, and interrelationships in economic policy, governance, and management (systemic thinking)
• describe political, regulatory, and social conditions and explain their fundamental relevance to businesses (accountability)
2.
After successfully completing this module, students will be able to:
• derive typical questions arising from economic policy decisions for specific business contexts (systemic thinking, critical thinking)
• apply structured work methods to practical management and governance problems (methodological competence)
3.
After successfully completing this module, students will be able to:
• analyze political statements, strategy papers, and regulatory requirements, and examine their impact on business decision-making (critical thinking, systematic thinking)
• formulate resulting business challenges objectively and break them down into subproblems (problem-solving skills)
• compare different courses of action in terms of opportunities, risks, and conflicting goals
4.
After successfully completing this module, students will be able to:
• assess political and strategic objectives in terms of their feasibility and implications for management (accountability)
• weigh alternative courses of action against one another in a transparent manner and prioritize them based on sound reasoning (systemic thinking)
• discuss results critically, with an open mind, and constructively (reflective skills, communication skills)
5.
After successfully completing this module, students will be able to:
• develop fact-based and scientifically sound strategic recommendations for action based on analyses (innovation competence)
• achieve a well-reasoned consensus within groups regarding the prioritization of requirements and strategies (collaborative skills)
• present strategies in a professional manner tailored to the audience (communication skills)
[updated 25.08.2026]
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Module content:
Module content:
Students will derive questions for their company based on current political decisions, analyze the situation, and develop a well-founded strategy for selected areas to address current challenges.
Political topics (depending on current German politics) include, for example,
foreign policy, domestic policy, infrastructure policy, energy policy, or transportation policy.
Economic sectors include, for example,
the automotive industry, the energy sector, the restaurant industry, retail, or mechanical engineering.
Areas of business decision-making include, for example,
human resources, investment, financing, R&D, production, marketing, environmental issues, purchasing, and logistics
[updated 25.08.2026]
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Recommended or required reading:
Depending on the specific management issue, e.g.,
the Federal Gazette
Standard literature:
Welge / Al-Laham / Eulerich: Strategisches Management. Grundlagen – Prozess – Implementierung, 2024, 8. Auflage, Springer Gabler.
Otto, Marc-Felix : Management politischer Risiken, 2023, Springer Nature
Fitzner, Mirus: Konstitutive Entscheidungen und Strategisches Management – Rahmen und Fragen für eine Strategische Corporate Governance, 2022, Springer Nature
Borucki / Kleinen-von Königslöw / Marschall: Handbuch Politische Kommunikation, 2022, Springer VS
Bergmann / Bungert: Strategische Unternehmensführung - Perspektiven, Konzepte, Strategien, 2022, Springer Gabler
[updated 25.08.2026]
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