Neurostrategy in Marketing Management
- Ending: Examination
- Range: 16sP
- Semester: summer
- Year: 1
- Faculty of Commerce
Teachers
Included in study programs
Teaching results
By completing the subject, students gain knowledge about the scientific aspects of strategic management and its core - marketing management with an emphasis on a neuroscientific approach. They will become familiar with the essence and contributions of neuroscience and behavioral theory to strategic and marketing management. They will gain an overview of the essence of neuromanagement and its benefits for management and decision-making. They will become familiar with neuroimaging devices and their use and benefits for strategic management and marketing management. They will gain knowledge about the processes of strategy formulation and its implementation using a neuroscientific approach.
Graduates of the subject will be able to create strategies based on the use of a neuroscientific approach. They will deepen their knowledge of cognition and the importance of understanding it for strategic and marketing management. They understand the scientific platform of neuroscience, neuromanagement and intelligent neural strategies. They will learn to work with the available neuroimaging equipment of the Center for Neuroscience Research and Strategy. They will be able to carry out original research that is interdisciplinary, pushes the boundaries of existing knowledge, generates new scientific knowledge or new process solutions.
After successfully completing the course, students will acquire competencies that will enable them to apply for consulting positions in all types of consulting companies, in managerial positions in consulting companies, as well as in specialized marketing workplaces and in the field of research and higher education. They can model company and marketing strategies with a thorough understanding of managerial behavior and decision-making. They will acquire the ability to use neuroscientific approaches and procedures in the study of marketing managers' decision-making and their team dynamics.
Indicative content
Neuroscience, behavioral theories and strategic management. Neuroscience, behavioral theories and marketing management. Neuromanagement and neuroleadership. Neurostrategy and marketing management. Neuroscientific approaches and devices in marketing management.
Support literature
1. Balconi, M. 2020. Neuromanagement. People and organizations. Milano: LED Edizioni Universitarie.
2. Kandel, E. J. et al. 2021. Principles of Neural Science. (6 ed. ). USA: McGraw Hill.
3. Narayan, S., Sidhu, J. S., and Volberda, H. W. 2021. From Attention to Action: The Influence of Cognitive and Ideological Diversity in Top Management Teams on Business Model Innovation. Journal of Management Studies, 58, 2082–2110.
4. Cortez, D. 2023. Neuromanagement as a tool for change to strengthen. Knowledge Publishing.
5. Teboul, J. 2023. Neuroleadership: Creative Leadership with a Focus on the Brain. Luxemburg: Springer.
6. Kaur, V. Neurostrategy: A scientometric analysis of marriage between neuroscience and strategic management. In: Journal of Business Research, Volume 170, January 2024. DOI10.1016/j.jbusres.2023.114342.
7. Psychogios, A. 2020. Neuroscience for Leaders. Kogan Page Ltd.
8. Prat, Ch. 2022. The Neuroscience of You: How Every Brain Is Different and How to Understand Yours. Dutton Books.
Syllabus
1. Neuroscience, behavioral theories, strategic management and marketing management. 2. Neuromanagement and neuroleadership. 3. Cognition in marketing management. 4. Neuroscientific approaches and imaging techniques in marketing management. 5. Neurostrategy – a new approach in strategic management and marketing management. 6. The process of formulating and implementing a strategy by examining the determinants of the strategy maker's brain functioning with the use of neuroimaging equipment. 7. Neurally intelligent strategies in marketing management. 8. Benefits of neurostrategy for decision-making by marketing managers.
Requirements to complete the course
- 40% - continuous semester evaluation
- 60% - written exam
Student workload
- Work load: 260 hours
- Attendance at lectures: 16 hours
- Self-study: 84 hours
- Development of a semester project: 60 hours
- Exam preparation: 100 hours
Language whose command is required to complete the course
Slovak, English
Date of approval: 24.03.2025
Date of the latest change: 24.03.2025