COURSE SYLLABUS MGMT 661 -3 credits Strategic Management Term/Year: Winter2020 Instructor: Dr. Daren Hancott Email: daren.hancott@ucanwest.ca Office: N/A Office Hours: TBD 1. Course Description Strategic management focuses on the strategy formulation and actions taken by top management utilizing the organization's resources synergistically to improve performance of internal and external environments. The course serves as an opportunity to develop skills for strategic thinking and analysis, leadership, communication, teamwork, and cross-functional integration. Students learn about corporate and business planning as well as the implementation of organizational change through structures, systems, and people. The approach adopted includes lectures, case analyses, and action learning through group efforts.Pre-requisite: Course code and name (or None) 2. Co-requisite: Completion of Tier 3 3. Learning Outcomes As an MBA graduate, students will be prepared to act as an effective leader in global contexts. They are able to take on complex business challenges, apply pragmatic problem-solving methods, communicate persuasively and make informed, responsible decisions that drive organizational success. 4. Gruaduates will be able to 1. Construct strategic responses to business challenges/opportunities 2. Assess ethical implications of business activities 3. Develop, implement and evaluate solutions to business problems 4. Formulate business decisions and systematic analysis that reflects critical thinking 5. Demonstrate effective skills to collaborate with diverse groups of people 6. Lead teams through the resolution of problems and successful completion of projects and tasks 7. Integrate personal values and perspectives into problem solving and take responsibility for decisions 8. Communicate ideas persuasively (written and oral) as a result of thorough analysis of information 9. Gather, analyze and synthesize information for a business context. 10. Describe the competitive landscape and explain how globalization and technological changes shape it. 11. Discuss the incentives and resources that encourage diversification. 12. Describe the work of strategic leaders. 13. Explain the importance of analyzing and understanding the firm’s external environment. 14. Explain how firms analyze their value chain for the purpose of determining where they are and how to create value when using their resources, capabilities, and core competencies. 15. Describe the risks of using business-level strategies. UCW Course Syllabus: MGMT 661 16. Explain awareness, motivation, and ability as drivers of competitive behaviors. 17. Discuss environmental trends affecting the choice of international strategies. 18. Describe how corporate governance fosters the making of ethical decisions by a firm’s top-level managers. 19. Discuss the functional structures used to implement business-level strategies. 20. Define strategic leadership and describe top-level managers’ importance. 21. Explain how strategic entrepreneurship helps firms create value. 5. Required Resources [sample] 1. Strategic Management: Creating Competitive Advantages Paperback – Feb 13, 2018 by Gregory G Dess Dr (Author), Gerry McNamara (Contributor), Alan B Eisner (Contributor) 2. https://ww2.capsim.com/login/ Live Simulation – Strategy and Business Policy (online access) 6. Recommended Resources [sample] 1. Publication Manual of the American Psychological Association, APA, 7th edition ISBN: 978-1433832161 2. Porter, M. E. (1980). Competitive strategy: Techniques for analyzing industries and competitors. New York, Free Press. 3. Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. New York, Free Press. 4. Porter, M.E. (1990). The competitive advantage of nations. New York: Free Press. 7. Weekly Schedule [sample] Week 1 Title Administrative Issues, Creation of Teams, selection of team cases, selection of article weeks/cases for each week for discussion in class 2 External Environment Analysis 3 Business-level strategy: creating and sustaining competitive advantage UCW-Syllabus: Template Apr2020 <Instructor Name:Term> Topics Chapter 2: External Environment Analysis 2.1. Environmental Scanning 2.2. The General Environment 2.3. The Competitive Environment Chapter 3: Internal Environment Analysis 3.1. Value Chain Analysis 3.2. Resource-based View of the Firm 3.3. Evaluating Firm Performance Chapter 4: Recognizing a Firm’s Intellectual Assets 4.1. Central Role of Knowledge 4.2. Human Capital 4.3. Role of Social Capital 4.4. Using Technology to Leverage Human Capital and Knowledge 4.5. Protecting the Intellectual Assets of the Organization Chapter 5: Business-Level Strategy: Creating and Sustaining Competitive Advantage 5.1. Types of Competitive Advantage and Sustainability 5.2. Integrating & Applying Strategic Management Concepts 5.3. Industry Life-Cycle Stages Chapter 6: Corporate-Level Strategy 6.1. Related Diversification 6.2. Unrelated Diversification Course Learning Outcomes Activities Readings Readings: Ch 1, 2, 3 Ch 13 case assignments 1, 5,9,13 Readings: Ch 4 1, 2 Readings: Chapter 5 & 6 3 DUE: Case study 1 2 UCW Course Syllabus: MGMT 661 4 International Strategy 6.3. The Means to Achieve Diversification Chapter 7: International Strategy (Part 1) 7.1. The Global Economy 7.2. Factors Affecting a Nation’s Competitiveness 7.3. International Expansion 7.4. Achieving Competitive Advantage 4 5 International Strategy (part 2) 7.3. International Expansion 7.4. Achieving Competitive Advantage 6 Readings: Chapter 7 Readings: Chapter 7 Activities: ? DUE Case Study 2 6 Entrepreneurial Strategy and Competitive Dynamics 7 Creating Effective Organization Designs 8 Strategic Leadership: Creating a Learning Organization and an Ethical Organization Chapter 8: Entrepreneurial Strategy and Competitive Dynamics 8.1. Recognizing Entrepreneurial Opportunities 8.2. Entrepreneurial Strategies 8.3. Competitive Dynamics Chapter 9: Strategic Control & Corporate Governance 9.1. Ensuring Information Control: Responding Effectively to Environmental Change 9.2. Attaining Behavioural Control: Balancing Culture, Rewards, and Boundaries 9.3. The Role of Corporate Governance Chapter 10: Creating Effective Organizational Designs 10.1. Traditional Forms 10.2. Barrier-free Organization 10.3. Modular Organization 10.4. Virtual Organization 10.5. Boundaryless Organization 10.6. Ambidextrous Organizations Chapter 11: Strategic Leadership: Creating a Learning Organization and an Ethical Organization 11.1. Leadership 11.2. Overcoming Barriers and Using Power 11.3. Emotional Intelligence 11.4. Creating a Learning Organization 11.5. Creating an Ethical Organization 7, 8 Readings: Chapter 10 6 Readings: Chapter 11 & 12 DUE: Simulation 10 Chapter 12: Managing Innovation & Fostering Corporate Entrepreneurship 12.1. Types & Challenges of Innovation 12.2. Corporate Entrepreneurship 12.3. Entrepreneurial Orientation Review for Final Exam UCW-Syllabus: Template Apr2020 <Instructor Name:Term> Readings: Chapter 8 & 9 DUE Case study 2 Board of director report Final case Week 9 3 UCW Course Syllabus: MGMT 661 8. Required Assignments or Activities, Distribution of Marks and Due Dates Date Ongoing Week 3 Week 6 Assessment Item Description Weight Class Participation+ Presentation Students to contribute to group discussions and present the results of one of their case studies. Participation for your in-class activities each week and learning summaries due weeks 2, 4 6, and 8 (5% each video format). Instructor-assigned: students to individually research and analyze case. We will discuss cases from the real world weekly in class. Each week you will be required to define the problem, list the issues in order of priority and create recommendations to solve the problem and get rid of the major issues. This will form part of you weekly video summaries. 20% Case Study 1 (Assignment) Instructor-assigned: students to individually research and analyze case. Second case analysis to be chosen by professor and submitted with SWOT-PESTLE-Porter’s 5Factor Model-Critical Thinking Model, BCGAnsoff’s Matrix. An analysis template will be provided. 15% Written 12% PPT 3% 15% Case Study 2 (Assignment) Instructor-assigned: students to individually research and analyze case. Second case analysis to be chosen by professor and submitted with SWOT-PESTLE-Porter’s 5Factor Model-Critical Thinking Model. An analysis template will be provided. 15% 15% Written 12% PPT 3% Week 6 CapSIm Simluation Group Simulation 25% Week 8 Board of Directors Summary Write the report following the instructions available for you on Moodle 5% Week 9 Final Case Analysis Instructions provided on Moodle last week of class. (Exam open over 2 days). 20% Total 100% NOTE: Passing grade for the course: 72% UCW-Syllabus: Template Apr2020 <Instructor Name:Term> 4 UCW Course Syllabus: MGMT 661 Degree graduation requirement: Graduate students must maintain minimum 72% / Grade B / 3.00 Cumulative Grade Point Average (CGPA). (Sa 9. Applicable Policies The following documents form an integral part of this Syllabus, therefore need to be updated each term by the Instructor and made accessible at the same time as this Syllabus to students: 1- Term-dependent policies: Format for Assignment Report UCW follows the Publication Manual of the American Psychological Association (APA). All assignments must be submitted with the correct APA formatting and all sources cited according APA standards. The UCW Library provides resources and reference materials for students and faculty to utilize in order that their work meets APA standards. Grading Rubric for Papers See grade points and letter grades section Class Participation / Expectations: Students are expected to attend every class. If you must be absent, please contact the instructor as soon as possible. For international students within Canada, or Canadians on student loans, the university must report any absences over 8 hours in a semester (all classes combined) to the appropriate authority. This may result in the revoking of a student’s study permit or student loan status. Students for whom this doesn’t apply, still run the risk of grade penalties to their participation mark. Late Assignments: Late Assignments will be penalized at a rate of 10% per day. 2- Standard UCW policies (hyperlinked and under various sections on the policy website): APA Guidelines http://www.myucwest.ca/attachments/librarian/files/APA_QuickGuide_7thEd.pdf Policy 6006 – Copyright (Library section) https://resources.finalsite.net/images/v1576849648/uwoca/c9nrtjt9mga2o50lexui/6006-copyright-policy-rev-feb-14.pdf Policy 6751 – Information Privacy and Security (Records Management) https://resources.finalsite.net/images/v1576850207/uwoca/hrytdxbi0jbsjqmxgmon/6751-informationprivacysecurity.pdf Policy 9024 – Examinations (Registrar’s Office) https://resources.finalsite.net/images/v1576852124/uwoca/hzmbkt5vyzfwnhyyyat4/9024-examinations-policy-ac-approvedjune-14-2019.pdf o Out-of Time Final Examination Form (Registrar’s Office) https://resources.finalsite.net/images/v1576852185/uwoca/jmratrpy6r70o4xo48dv/9024a-examinations-out-oftime-form.pdf o Out-of-Time Final Examination Form (Registrar’s Office) https://resources.finalsite.net/images/v1576852185/uwoca/jmratrpy6r70o4xo48dv/9024a-examinations-out-oftime-form.pdf Policy 5002 – Turnitin (Academics) https://resources.finalsite.net/images/v1576846438/uwoca/szss2nvacyftjcwajue1/5002-turnitin-policy-rev-feb-14.pdf o You may be asked to submit some assignments electronically to Turnitin (via the UCW portal), which checks for originality before evaluation by the instructor. UCW-Syllabus: Template Apr2020 <Instructor Name:Term> 5 UCW Course Syllabus: MGMT 661 Grade Point and Letter Grades – see table below. UCW-Syllabus: Template Apr2020 <Instructor Name:Term> 6 UCW Course Syllabus: MGMT 661 UCW Master's Level Grading Rubric For Assessment - General Rubric 1-4 Scale 1 Percentage Score Grades Mastery Level Weight Student Score Standard Level 2 3 4 0-59 59-71 72-77 78-81 82-84 85-89 88-91 92-100 F C B- B B+ A- A A+ Beginning Developing Competent Mastery Below Standard Approaching Standard At Standard Exceeds Standard Subject Matter Answering questions and results of research 50 Key elements are not adequately Key elements are mostly covered. covered. Content is mostly accurate but Content is not comprehensive, has lacks persuasivness. inaccuracies and is not persuasive. Displays some understanding of Displays lack of understanding of relevant theory. relevant theory. Points mostly supported by Points not adequately supported by references. references. Research is lacking in content and Research is lacking in content and quality quality Key elements are completely Key elements are adequately covered. covered. Content is comprehensive, accurate Content is accurate and persuasive. and persuasive. Displays adequate understanding of Displays superior understanding of relevant theory. relevant theory. Points supported by references. Points fully supported by specific Research is adequate in content references. and quality Research is superior in content and quality 20 Introduction provides background Introduction provides poor level of of paper missing some key Introduction provides good level of background of paper elements background of paper Structure of paper is not clear and Structure of paper is not clear and it Structure of paper is clear and train is difficult to follow train of thought is not easy to follow train of of thought process is process thought process understandable Conclusion does not follow logically Conclusion follows from body of Conclusion mostly follows logically from body of paper paper but misses key points from body of paper Critical Thinking is lacking: missing Critical Thinking is not fully present: Critical Thinking is present: logical logical argumentation & reasoning, missing key points of logical argumentation & reasoning shows, concrete examples & valid argumentation & reasoning, reasonable examples & valid inferences concrete examples & valid inferences are made inferences Introduction provides superior level of background of paper Structure of paper is very clear and easy to follow train of thought process Conclusion follows logically from body of paper Critical Thinking is present through: logical argumentation & reasoning, concrete examples & valid inferences 10 7th Ed. APA Manual is not followed or there are significant errors in: title page & references pages. Intext citations, paraphrasing and direct quotes are quite inadequate but do not rise to the level of plagiarism 7th Ed. APA Manual is followed 7th Ed. APA Manual is followed with minor errors in: with significant errors in: formatted title page, formatted title page & references pages. Inreferences pages, in-text citations, text citations, paraphrasing and paraphrasing and direct quotes are direct quotes are lacking but do not adequately used in the correct rise to the level of plagiarism context 7th Ed. APA Manual is followed with no errors including: properly formatted title page, properly formatted references pages, in-text citations are correclty used, paraphrasing and direct quotes are properly used in the correct context 10 Grammar and sentence structure has major problems following standard English rules and reads with difficulty with major errors in punctuation and spelling Grammar and sentence structure Grammar and sentence structure has problems following standard mostly follows standard English English rules and reads with some rules and reads reasonably well difficulty with errors in punctuation with few errors in punctuation and and spelling spelling Grammar and sentence structure follows standard English rules and reads well with excellent punctuation and spelling 10 Sentences are lacking in completeness, clearness, consicseness and are not wellstructured. Transitions do not maintain flow of thought. Words are ambiguous. Tone is inappropriate to audience/assessment. Colloquial language or inappropriatel use of paraphrasing is used. Sentences need to be more complete, clear, consicse and wellconstructed. Transitions do not maintain flow of thought well. Words are not precise and have some ambiguity. Tone is not appropriate to audience/assessment. Colloquial language or inappropriatel use of paraphrasing is used too much. 100 Additional Comments Organization & Critical Thinking Demonstration of thought process and analysis of problem and resolution using own thoughts and ideas Style & Mechanics APA Application of the requirements of the 7th APA manual to create a standardized formatted report Grammar/Punctuatio n/Spelling Use of proper English language grammar, spelling and punctuation to create a readable Readability & Style Clarity of thought and appropropriate level of language use that brings the author's thoughts and ideas to the reader. Marks UCW-Syllabus: Template Apr2020 <Instructor Name:Term> Sentences are consistently Sentences are mostly complete, complete, clear, consicse and wellclear, consicse and wellconstructed with strong, varied constructed. structure. Transitions moslty maintain flow of Transitions consistently maintain thought. flow of thought. Words are mostly precise with little Words are quite precise and ambiguity. unambiguous. Tone is mostly appropriate to Tone is comlpetely appropriate to audience/assessment. Colloquial audience/assessment. No colloquial language or inappropriatel use of language or inappropriatel use of paraphrasing is used sparingly. paraphrasing used. 7 UCW Course Syllabus: MGMT 661 DESCRIPTOR Exceptional: Normally achieved by a small minority of students who have consistently exceeded performance expectations in all evaluation criteria. Excellent: Demonstrates a comprehensive knowledge and understanding of subject matter and achievement of learning outcomes at high levels of performance in almost all of the evaluation criteria. Very good: Demonstrates a comprehensive knowledge and understanding of the subject matter and achievement of learning outcomes at well above average levels of performance in most of the course evaluation criteria. Good: Demonstrates substantial knowledge and understanding of the subject matter and achievement of learning outcomes at average to above average performance levels in most of the course evaluation criteria Satisfactory: Demonstrates sufficient knowledge and understanding of the subject matter and achievement of learning outcomes at average levels of performance in most of the course evaluation criteria. Pass: Demonstrates acceptable knowledge and understanding of the subject matter and achievement of learning outcomes at low to average level of performance in many of the course evaluation criteria. GRADE 90-100% A+ (4.33) Fail: Unacceptable performance in most or all of the course evaluation criteria 0-59% F (0) 85-89% A (4.00) 80-84% A- (3.67) 76-79% B+ (3.33) 72-75% B (3.00) 68-71% B- (2.67) 60-67% C (2.00) 10. Plagiarism and Academic Misconduct: Plagiarism: includes, but is not limited to: Submission of another person’s work as original; Inadequate attribution given to an author or creator whose work is incorporated in the student's work; and Paraphrase or use of material verbatim from a source without sufficient acknowledgement. Falsifying Materials: includes, but is not limited to: Fraudulently manipulating laboratory processes, electronic data, or research data in order to achieve desired results; Submitting work prepared by someone else (e.g., commercially prepared essays) as one's own; Citing a source from which material was not obtained; and Submitting false records, information or data, in writing or orally. Cheating includes, but is not limited to: Submitting the same work for different courses without prior permission from the faculty member; Copying another person’s answers or other work; Sharing information or answers when doing take-home assignments, tests, and examinations except where the instructor has authorized collaborative work; Having any unauthorized materials or equipment in an examination or test; Submitting an assignment completed (or partially completed) by someone else; Falsifying or making up data or bibliographic information; Impersonating a candidate in an examination or test, or being assigned the results of such impersonation; Reproducing, sharing or otherwise making unauthorized copies of UCW materials in any format; Using technological means such as cell phones, data storage units and other electronic devices without prior permission from the faculty; and Assisting others or attempt to help others to engage in any conduct described above or any other activities prohibited by UCW. Penalties for Academic Misconduct Penalties for academic misconduct include, but are not limited to: At the course level: Written reprimand for retention in the student file (no transcript entry) Repetition of the assignment or completion of a different, but similar, assignment (no transcript entry) Failing grade for the assignment (no transcript entry) Failing grade for the course (recorded on transcript) At the program level: UCW-Syllabus: Template Apr2020 <Instructor Name:Term> 8 UCW Course Syllabus: MGMT 661 Disciplinary probation for a defined period with written documentation retained in the student’s file (transcript notation for period of probation) At the University level: Suspension (permanent transcript entry) Expulsion (permanent transcript entry) Rescission of degrees granted (permanent transcript entry) Instructor Biography: Dr. Hancott has worked across Canada and has been involved in companies ranging from transportation and logistics, to education & training, exporting of seafood and non-profit organizations including the BC Chamber of Commerce where he has served has an executive, Director, Chair of the Board, and Chair of the Board of Governors. Daren served several terms as Director of the Canadian Chamber of Commerce and served on several committees. Daren was the mayoral candidate in the 2014 municipal election under the Burnaby First Coalition banner. Dr. Hancott has experience conducting business in over 22 countries and has been the senior executive for Seafood Products Ltd., (A division of Maple Leaf Foods) with over 500 employees and some $50 million in annual revenues as well as the University of Phoenix operations in Canada for 11 years with operations in two provinces. His role at University Canada West included senior advisor to the Board of Eminata Group, Acting Dean, Acting Senior Academic Officer, and Chief Administrative Officer (CAO) with students from over 45 countries. He is currently Campus Provost and VicePresident Academic of Yorkville University in BC. Daren serves on the Board of several non-profit organizations and is a current member of the BC Chamber of Commerce Policy Review Committee writing and commenting on policy for local, provincial and federals governments to promote and tackle issues related to small and medium enterprises. Daren is a founding director of the Love and Mercy Benevolent Society to help others through kind acts and deeds. He is Chair of the Board for the Bosco Society and Chair of the Private Degree Granting Institutions Association. He has been teaching and designing courses and entire programs including MBA and MITM programs for over 20 years. Dr. Hancott received his Bachelor of Commerce from Memorial University of Newfoundland in 1989, his Master of Business Administration in 1998 from Saint Mary’s University and his Doctor of Philosophy (Organization & Management with a Leadership Specialization) in 2005 from Capella University in Minneapolis, MN, USA. Daren is an avid runner, a martial artist, a triathlete, a powerlifter and has completed marathons across Canada. He has published a book on Leadership entitled: Leader is What? available on Amazon. Daren was a previous Top 40 under 40 Winner and a recipient of the John Sperling Teaching Award of Excellence. Daren lives in Burnaby, BC with his wife Linda and his two sons, Dyllan and Garrett. UCW-Syllabus: Template Apr2020 <Instructor Name:Term> 9