BUSML 4240 New Product Management Syllabus Professor Xiaoyan Deng Autumn 2012 FISHER COLLEGE OF BUSINESS, THE OHIO STATE UNIVERSITY BUSML4240: NEW PRODUCT MANAGEMENT COURSE SYLLABUSi Instructor: Dr. Xiaoyan Deng Class Location: Schoenbaum Hall 300 Email: deng_84@fisher.osu.edu Class Time: TuTh 2:20-3:40PM Office: 534 Fisher Hall Office Hours: Fri 130-230 or by appointment Course Materials: Required text: Kenneth B. Kahn (2011), Product Planning Essentials, 2nd edition, M.E. Sharpe Inc., ISBN: 978-0-7656-2608-0. Supplementary Course Materials: All other course materials such as supplementary readings and assignment instructions will either be available on CARMEN or given out in class. Course Description and Objectives: Managing new product development is one of the most challenging activities undertaken by firms. The purpose of this course is to provide an overview of the state-of-the-art in tools and strategies for enhancing success rates in introducing new products. This course includes five modules that cover the entire product development process: 1. Opportunity identification 2. Concept generation 3. Concept evaluation 4. Design and development 5. Launch Through this course you can: 1. Learn the concepts involved in each stage of the product development process, 2. Learn the tools and strategies that are considered best practices in each stage, 3. Have a hands-on opportunity to go through the product development stages, 4. Be familiar with some of the cutting-edge consumer research on product and packaging design, 5. Be prepared to answer questions about new product development in a job interview. i This syllabus is subject to change when necessary. 1 BUSML 4240 New Product Management Syllabus Professor Xiaoyan Deng Autumn 2012 Course Evaluation: o Group project assignment 1. Opportunity identification 2. Concept generation 3. Concept evaluation 4. Design and development 5. Launch o Exam 1. Exam 1 2. Exam 2 TOTAL 10 points 10 points 10 points 10 points 10 points 30 points 20 points 50 points (50%) 50 points (50%) 100 points (100%) Important notes: Group assignment: o This course covers the product development process in five modules. Accordingly the course project consists of five group assignments, each corresponding to a product development stage. o During the second week of class, students will form a project team of five students who will work together throughout the course on a new product development project. o All assignments must be submitted to Carmen drop box before the due date and time. Turning in an assignment late will result in a 10% grade reduction for each 12 hour period after the due time. All written assignments must be typed. Any written assignment which is not typed will receive a 20% grade deduction. Exam: o There will be two exams, each consisting of around 50 multiple-choice questions. o The exams are based on the materials you learn IN CLASS. The content of EACH and EVERY class will be in the exam. So it is of your best interest to attend all classes. o All exams MUST be taken in class at the scheduled time. A make-up exam is only permitted with a written doctor’s excuse or in an extreme personal situation. Notification of the need to take a make-up exam must be given 48 hours prior to the exam. Missing the exam without providing this notification in advance will result in a grade of 0 for the exam. 2 BUSML 4240 New Product Management Syllabus Professor Xiaoyan Deng Autumn 2012 Class attendance and participation: o Your ability to benefit from the course and contribute to the class is largely dependent upon your class attendance and participation. Learning is maximized when all students come prepared to class, participate actively in the class discussion, and demonstrate critical and analytical thinking skills. o Fisher College of Business strongly enforces University attendance policies. As per University rule 3335-8-33, any student may be disenrolled from a course for failure to attend by the first Friday of the term, or by the 3rd instructional day of the term, or by the second class meeting, whichever occurs first. Attending classes regularly is extremely important. If you are unable to attend class on any occasion, please notify me via email in advance, unless it is an unforeseen emergency. Moreover, you will be responsible for everything covered or announced in class on that day. Finally, “attending classes” means attending the entire class, not part of it. Arriving late or leaving early is impolite and distracting to the instructor and your classmates. My personal pet peeve is that students leave in the middle of the class. Please try to avoid that unless there is indeed an emergency. o Being a good team member is an important part of class participation. Complains from your teammates about lack of contributions can result in a reduction in your group project assignment grades. Grade appeal policy Grades on assignments are intended to reflect the overall quality of performance of the student(s). If you think your grade on an assignment does not reflect the quality of your performance, you may submit a clear, written explanation of your reasoning within one week following the return of your assignment or test. The written document need not be long but it must clearly identify the problem or issue of concern. I will consider such appeals carefully. There will be no grading appeals after the one-week deadline has expired. Grading Scale: Grade A AB+ B B- = 93-100 % = 90-92.9 % = 87-89.9 % = 83-86.9 % = 80-82.9 % GPA 4.0 3.7 3.3 3.0 2.7 Grade C+ C CD+ D F = 77-79.9 % = 73-76.9 % = 70-72.9 % = 67-69.9 % = 60-66.9 % = below 60 GPA 2.3 2.0 1.7 1.3 1.0 3 BUSML 4240 New Product Management Syllabus Professor Xiaoyan Deng Autumn 2012 Honor Code: Academic integrity is essential to maintaining an environment that fosters excellence in teaching, research, and other educational and scholarly activities. Thus, The Ohio State University and the Committee on Academic Misconduct (COAM) expect that all students have read and understand the University’s Code of Student Conduct and that all students will complete all academic and scholarly assignments with fairness and honesty. Students must recognize that failure to follow the rules and guidelines established in the University’s Code of Student Conduct and this syllabus may constitute “Academic Misconduct.” The Ohio State University’s Code of Student Conduct (Section 3335-23-04) defines academic misconduct as: “Any activity that tends to compromise the academic integrity of the University, or subvert the educational process.” Examples of academic misconduct include (but are not limited to) plagiarism, collusion (unauthorized collaboration), copying the work of another student, and possession of unauthorized materials during an examination. Ignorance of the University’s Code of Student Conduct is never considered an “excuse” for academic misconduct, so I recommend that you review the Code of Student Conduct, specifically, the sections dealing with academic misconduct. If I suspect that a student has committed academic misconduct in this course, I am obligated by University Rules to report my suspicions to the Committee on Academic Misconduct. If COAM determines that you have violated the University’s Code of Student Conduct (i.e., committed academic misconduct), the sanctions for the misconduct could include a failing grade in this course and suspension or dismissal from the University. Other sources of information on academic misconduct (integrity) to which you can refer include: o The Committee on Academic Misconduct web pages (oaa.osu.edu/coam/home.html) o Ten Suggestions for Preserving Academic Integrity (oaa.osu.edu/coam/ten-suggestions.html) o Eight Cardinal Rules of Academic Integrity (www.northwestern.edu/uacc/8cards.html) Disability Policy: Students with disabilities or requiring special accommodations should work directly with The Ohio State University Office of Disability Services (ODS). ODS is located in 150 Pomerene Hall. The ODS phone number is (614) 292–3307. 4 BUSML 4240 New Product Management Syllabus Professor Xiaoyan Deng Autumn 2012 Session 1 Week 1-2 Date 8/23 R Topic/Assignment Introduction Reading Ch. 1 Due Date/Time 2 2-1 8/28 T Opportunity identification I Ch. 2 Team formed 3 2-2 8/30 R Opportunity identification II Ch. 4 4 3-1 9/4 T In-class group assignment 1 (A1) Concept generation I A1 due: 8/31 1:00PM Ch. 5 5 3-2 9/6 R Concept generation II 6 4-1 9/11 T Concept generation III 7 4-2 9/13 R 8 5-1 9/18 T 9 5-2 9/20 R 10 6-1 9/25 T 11 6-2 9/27 R 12 7-1 10/2 T 13 7-2 10/4 R 14 8-1 10/9 T In-class group assignment 2 (A2) Concept evaluation I A2 due: 9/14 1:00PM Ch. 6 Concept evaluation II In-class group assignment 3 (A3) Midterm exam 2:20-3:40PM Schoenbaum Hall 300 Design and development I A3 due: 9/21 1:00PM Ch. 8 Design and development II In-class group assignment 4 (A4) Launch I Launch II In-class group assignment 5 (A5) Final exam 2:20-3:40PM Schoenbaum Hall 300 A4 due: 9/28 1:00PM Ch. 9 Ch. 10 (pp. 167-169) Ch. 11 (pp. 188-192) A1 due: 10/5 1:00PM 5