St. Catherine University ORLD 8200 T01 CRN# 20380 Strategic Management MAOL Program 3 Credits Prerequisites: ORLD 6400 and 21 credits Saturdays, 1:00 – 4:00 pm Jan 7, 14, 28 Feb 11, 25 Mar 2-8 (Online), 17, 24 www.stkate.edu/maol Winter 2012 Mendel room # 110 Course Syllabus Instructor Information: Name: Leonard Kloeber, MBA, JD Phone: (Office) (Cell) 952-334-4477 E-mail: len.kloeber.jr@gmail.com Office Hours: By appointment Office: Fontbonne 304B Course Description: The purpose of this course is to provide students with both a theoretical foundation for and hands-on practice in analyzing, formulating and implementing organizational strategy. A premium is placed on developing a capability to both think strategically and act tactically. The course revolves around students working individually, in pairs and in small groups to analyze complex written cases. The cases describe strategic situations of business and non-profit organizations operating in today’s highly competitive, rapidly changing, increasingly diverse, global context and e-connected environment. Microsoft Excel, Word and PowerPoint technologies are used. MAOL Leadership Outcomes: Lead responsibly by drawing upon their own unique leadership abilities, experiences and goals, as well as current leadership concepts and strategies to address organizational issues. Act with confidence by utilizing self-reflection and awareness to know why, when and how to lead, follow, model and mentor. Make ethical decisions by acting from an informed ethical perspective, considering all stakeholders and applying ethical decision-making tools to organizational dilemmas. Manage strategically by analyzing an organization’s operating environment, envisioning its future and developing strategic objectives to manage people, processes and resources effectively. Achieve organizational goals by applying logic and analytic tools from economics and accounting to identify problems, generate creative, pragmatic solutions, implement appropriate actions and evaluate success. Conduct and apply research by accessing, critically evaluating and applying research findings, as well as conducting individual or collaborative research projects. Communicate effectively by capitalizing on personal strengths as a communicator and by employing targeted strategies for influencing, motivating, advocating, team building and managing conflict. Understand and lead organizational change by working with others to assess culture, roles, structure, local environment and global context so as to anticipate, recognize and resolve organizational problems. Practice global citizenship by incorporating a global context into organizational decision-making through strategic recognition of the world-wide impact of local decisions. Course Objectives: Upon successful completion of this course you will be able to: Understand the importance of strategy. Apply a process of strategic thinking to solve organizational problems. Develop skills and techniques in strategic analysis. Understand the importance of culture and organizational dynamics within the context of strategy. Increase awareness of the ethical implications of decision-making. Understand how your own leadership style impacts strategy. Integrate the knowledge and skills gained from other courses in your graduate program. Course Texts and Materials: Hopf and Welter, (2010). ReThink, ReInvent, RePostion: 12 strategies to renew your business and boost your bottom Llne, Avon, MA: Adams Business. (ISBN: 1-60550-024-0) Pearce II, J. A. and Robinson, R.B. (2008), Formulation, implementation, and control of Competitive strategy, 12th ed., Burr Ridge, IL: McGrawHill-Irwin, Inc., (ISBN: 007-726175-5). Strategic Management ORLD 8200: Casebook (2010) Primus Online (Custom Course Pack), Burr Ridge, IL: McGraw-Hill-Irwin, Inc., (ISBN: 0-39023660-8). Emotional Intelligence assessment (Fee $20) Course Assignments: Written Case Analysis: Submit an analysis of two cases. The analysis will be written from the perspective of you as a consultant in memorandum form. Draft a Strategy Map: Draft as strategy map modeled on the work of Kaplan and Norton and the Balanced Scorecard. Blackboard Exercise: Research a company that produces a woman’s product or service. You will be provided with specific questions that will generate the dialogue during the online class by posting responses among your team. Power Point case analysis: Prepare a case analysis using a Power Point presentation format. We will discuss the case in class, but not present. Submit a copy of your Power Point at the beginning of the class. Team Power Point and Presentation: Work in teams to analyze one of the member’s companies/organizations, or another organization of your choice. You will develop a Power Point that will be delivered to the class as if they were your Board of Directors. Grading Scale: Written Case Analysis (2 @ 20 points each) 40 Draft Strategy Map 10 Power Point case analysis and discussion 10 Team Power Point and Presentation 30 Class Participation and online BB exercise* 10 Total 100 *Come prepared for class, ask questions, participate in discussion A = 96 -100 A- = 91- 95 B+ =88- 90 B = 85 - 87 B- = 81 - 84 C+ = 78 - 80 C = 75 - 77 C- = 71 - 74 Course Requirements: Attendance The quality of learning of the class as a whole depends on the engaged and prepared attendance of each class member. In turn, the group experience cannot be replicated through individual papers or reading. Students’ grades will be based in part on attendance, timeliness, preparation and active participation. Students who fail to attend two or more MAOL class sessions will be dropped from the course. Students are expected to inform the instructor if they will miss a class in advance. University policy states that regular class attendance is expected of all students. Attendance is defined by the format of the course. For in-class learning, attendance means that 1-students are expected to arrive at class on time and stay for the duration of the class; and 2- students, whether present or not, are responsible for in-class assignments. For hybrid courses, students must follow both the online and in-class attendance requirements. Failure to attend, for any reason, may be taken into account in the evaluation of the student’s work. First day attendance is required. Attend each meeting and arrive on schedule to avoid class disruptions. Turn off cell phones please. Prepare fully for each meeting, and participate energetically in class discussion of the issues. Case assignments designated for class discussion require preparation— come to class prepared! Turn-in assignments on the required due date. No make-up work will accepted later than one week following the due date and will be penalized twenty percent (20%) of the possible points. NO points will be given for an assignment once it had been reviewed in class. Incompletes A grade of Incomplete is given only in cases of dire emergency. See the MAOL Handbook, the Graduate Catalogue or the on-line Incomplete Form for information about under what circumstances an incomplete grade can be given. Published deadlines must be adhered to when filing for an Incomplete and when completing the required work. Academic Integrity Students will be expected to comply with University policies and procedures regarding academic integrity as spelled out in Le Guide. Independent work is required on all class work, exams and projects without express instructions from the instructor regarding assignments involving collaboration and teamwork. All written work is to be the student’s original work with correct APA citations for all outside sources from which ideas, language or quotations are derived. Plagiarism Plagiarism is the act of passing off someone else’s work as your own. It includes such dishonest practices as buying, borrowing or stealing a paper to turn in as your own or simply copying someone else’s words without putting them in quotation marks and identifying the author and source. Most students are not so dishonest as to buy or steal a paper. Many students, however, inadvertently plagiarize because they do not realize that what they are doing is, in fact, plagiarism and thus dishonest. Avoiding plagiarism is much more complicated than simply not copying other people’s work. In an attempt to avoid plagiarizing, students often paraphrase the passages they want to use. Basically, paraphrasing is stating something in different words. As such, it is a useful device. The problem is that is can lead you to unintentional plagiarism if it is not done properly. Changing a few words in a passage and then using it in your paper without documentation is plagiarism. Changing a few words and then using it in your paper even with proper documentation is also plagiarism. When you paraphrase other people’s ideas, you have two choices: 1) you may quote the passage exactly, put it in quotation marks, and cite it; or 2) you may change the wording of the passage so that the ideas are explained substantially in your own words and cite it. Anything in between is plagiarism. One reason some students inadvertently plagiarize is the pressure they feel to come up with new ideas, to be original, even with topics that they know little about. In academic settings such as college courses, it is difficult if not impossible to come up with totally original ideas, especially on topics with which you are unfamiliar. When an instructor asks for original thinking, she/he often means thinking through ideas to find your own perspective on them and then expressing those ideas in your own way. In doing so, you may and often should use other people’s ideas to add to or support your own. When you do so, however, you must give them credit. O’Neill Center for Academic Development Please note: Plagiarism will result in a failing grade on the specific assignment in question, will impact the student’s final course grade and will result in Academic Probation. Disability Statement Students with disabilities who believe that they may need accommodations in this class are encouraged to contact the Office of Resources for Disabilities X6563 as soon as possible. If you have a documented disability that requires accommodation, please provide the instructor with the accommodation plan at the first class session. Evaluation Grading of student work will be based on criteria included for each assignment. Students wishing to adjust an assignment to better meet individual learning needs may negotiate with the instructor to determine whether a fair and equitable alternative is workable in advance of the due date. Evaluation of courses and instructor by students is an important aspect of the MAOL Program’s review process. Students will have an opportunity to evaluate instructional effectiveness, relevance of course content, assigned readings and texts, assignments, evaluation methods and the quality of the learning experiences. DATE PreWork Topics* Why is Strategic Management Important? Differences between Strategic Planning and Strategic Management? What is the basic framework of Strategic Planning, and how does it fit with Strategic Management? 1/7 Introductions and course overview: Definitions, Fundamentals & Frameworks What is strategy? What are Tactics? How are they developed? How are these different? The Framework for Strategic Planning and Strategic Management— design and implementation. Case Analysis Framework Readings Read Text Chapters 1, 2, 3 & Guide to Strategic Management Case Analysis p. 396. Read Robin Hood Case and be prepared to discuss. Read McKinsey Article: Perils of Bad Strategy posted on BB Review Text Chapters 1, 2, 3 & Case Analysis Methodology p.396 Review and analyze the Robin Hood Case. Review McKinsey Article: Perils of Bad Strategy posted on BB Assignments Due Begin to think about your own company/organization —find the Vision, Mission, Strategies, Tactics, Goals and/or Objectives and Measurements used – be prepared during the classes ahead to share these (as long as they are public). Complete a student information sheet posted on BB. Please bring a name card with you. Plan to discuss the Robin Hood Case. Review of your organization’s Vision, Mission, Values, Strategies, Tactics, Goals and/or Objectives. Submit your student information sheet. 1/14 Managing Strategically: the new business environment External and Global Environment Competitive and industry analysis 1/28 Perspective, Tools, and Techniques 2/11 Value Chain Analysis SWOT Tailoring Strategies Diversification Long-term and grand strategies: Focus on Grand Strategies Strategy Maps Read Chapters 4 and 5. Also Chapter 6, SWOT analysis, p 140 – 145. Read: Issue 17 in CaseBook: Is Economic Globalization Good for Humankind? Read Chapters 6 and 7. Read HBR Article: “Having Trouble with Your Strategy? Then Map it.*” by Kaplan and Norton *Posted on BB Industry environments and Diversification Read Chapters 8 and 9. Business strategy & multibusiness strategy Take the Emotional Intelligence Assessment. Read, analyze, and be prepared to discuss the Costco Case using the case analysis format. Complete a SWOT analysis for Costco Review of your organization’s Vision, Mission, Values, Strategies, Tactics, Goals and/or Objectives. DUE: CASE WRITEUP Making it Big. Hand in at the beginning of class Review of your organization’s Vision, Mission, Values, Strategies, Tactics, Goals and/or Objectives. Due: Draft a Strategy Map for the COSTCO case Read and be prepared to discuss Spectrum Brands Case (Instructions for the EI Assessment will be provided by the instructor by email) 2/25 Organizational Structure, Leadership, Culture and Implementation – Strategy implementation & Organizational intangibles Read Chapters 10, 11, 12. 3/2-8 Leading Change Management & Strategic Control—how does it change over time? How does competition impact strategy and implementation? How does a company/organization, think about change and managing its competitive strategies? Read articles on Culture, Strategy and Leadership— posted on Blackboard. Read HBR “Leadership that Gets Results & Emotional Intelligence” by Goleman. Read Chapter 13 Read HBR Article: “How to Implement a New Strategy without Disrupting Your Organization” by Kaplan and Norton Read HBR Article: “How GE Teaches Teams to Lead Change” by Steven Prokesch posted on BB Online BB exercise with your team. Instructions and discussion questions posted on BB. DUE: CASE WRITEUP McDonald’s and Its Critics case from text book, case 8. Review of your organization’s structure, leadership, and culture. Bring your EI assessment to the class (not to hand in, but for your own use). DUE: Prepare Power Point case analysis and be prepared to discuss the case ‘Rogers’ Chocolates’. Email a copy of your slides to the instructor. 3/17 Strategy Execution: Reinvention and Innovation: Strategies for reinvention and repositioning Innovation strategies Strategy management: How do leaders execute strategy? 3/24 Allow some in class time to work on project and team presentations Team Presentations Read Chapter 14 Read introduction, Chapters 1 & 10 of ReThink, ReInvent, RePosition by Leo Hopf and be prepared to discuss the 12 strategies. No written assignment Due/work on your team project Read HBR Article: “Office of Strategy Management” by Kaplan and Norton. Read Innovation article posted on BB: Innovator’s Solution book summary Each team is timed and allotted ~25 minutes maximum for presentation and questions and answers. Please plan your presentation accordingly. You will be evaluated by your classmates as well as the instructor. DUE: Team Presentation –Power Point slide show presentation of no more than 12 slides— concise and interesting (see Blackboard). Hand in a copy of your slides *The instructor reserves the right to alter the requirements of the syllabus, upon prior notification to the students, in class. MAOL Student Final Course Assignment Pick-up Policy Adopted May 6, 2010 To comply with FERPA privacy regulations, MAOL students have two options to retrieve final course assignments: OPTION #1: Students may submit their final assignment to their instructor with a self-addressed, pre-paid stamped envelope in which the instructor will mail the graded assignment back to the students. Team assignments must include a cover sheet listing the designated name and address where the assignment should be mailed. OPTION #2: Students may pick up their final assignments at the WEC/Graduate Student Office, 203 Derham Hall. Students will be required to show their St. Catherine University ID and may not pick up assignments for classmates. Team assignments must be submitted to the instructor with a cover sheet listing the designated name for assignment pick-up. The team assignment will not be released to any other team member. Faculty will deliver course assignments alphabetized to the WEC/Graduate Student Office within 48 hours of submitting final grades. Final grades for winter term are due April 8, 2012. Final papers will be delivered to the WEC Office by April 10, 2012. Students may pick up their work from the WEC/Graduate Student Office, Derham Hall 203 during office hours. 651-690-6542 Winter term papers will be held until May 20, 2012. Please note: MAOL instructors spend significant time commenting on student work and believe that learning occurs when students review their work and reflect on feedback. Students are strongly encouraged to retrieve final assignments and add them to their Leadership Portfolios.