University of Virginia: Darden School of Business - Michael Lenox
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Teaching

I am not slated to offer any courses at Darden in 2008-2009. I eagerly await returning to the classroom in 2009-2010. From 2002-2008, I coordinated and taught the core strategy course in the Fuqua Daytime MBA program at Duke University. In 2006, I taught this course, Foundations of Strategy, in Duke's Weekend-Executive MBA Program. In the past, I have taught an elective on Technology Strategy and a year-long PhD seminar on strategy.

Foundations of Strategy
In Foundations of Strategy, we analyze the sources of competitive success among firms and develop knowledge and skills necessary to be an effective strategy analyst. We will tackle the complexity of analyzing competition in this era of globalization and changing firm boundaries and of assessing strategy under increasing uncertainty. You will develop strategic thinking by learning the concepts, models, and tools of strategic analysis and by applying them to actual competitive situations. The course develops the capability to assess a firm's strategic position with respect to rivals, the larger industry, and customers given the firm's internal resources and capabilities. The tools and skills developed in this course will be vital to those pursuing careers as consultants and managers as well as to those pursuing careers in finance, marketing, and entrepreneurship.

Technology Strategy
The purpose of this course is to provide students with an understanding of the forces that shape innovation, how competitive forces effect the value of innovations, and how to manage a firm to be innovative. In this way, students will learn how to devise effective entrepreneural strategies. The course is organized around three fundamental issues that established firms and new ventures need to understand: 1) how do innovations evolve over time, 2) under what circumstance does innovation lead to competitive success, and 3) how does one manage their organization to be innovative.