Alberta School of Business BUEC 444/ SMO 648: 3 credits Winter/Spring 2014 European Study Tour “Competitive Dynamics and Cultural Differences: Family Business and Entrepreneurship in European Governance Systems” Course Dates: January 25, March 29, and April 27 – May 10, 2014 Instructors: Dr. Rolf Mirus (Professor Emeritus), Ross Bradford (MBA, LLB) e-mail: rolf.mirus@ualberta.ca rbradfor@ualberta.ca Phone: (780) 492-2921 (Mirus) (780) 492-5819 (Bradford) Office Hours: By appointment Website: TBA Course Outline: This European Study Tour requires four 1.5 hour classes for preparatory work, for which attendance is required, namely January 25, 2014, 9:00 – 12:00 and March 29, 2014, 9:00 - 12:00. COURSE OBJECTIVES: This course stresses the important role of entrepreneurship and family business in different corporate governance systems throughout the world. The field trip focuses on Europe and examines Germany in particular. There are four objectives: 1. To become familiar with the diversity and relevance of family business and entrepreneurship in different governance systems, with focus on Europe; 2. To understand governance differences within Europe that impact family businesses and entrepreneurship relevance; 3. To provide face-to-face interactions with key business executives and scholars regarding issues affecting entrepreneurship and family businesses in Europe; 4. To understand European culture, the political and economic dynamics of that continent, and its role in the global economy. ASSIGNMENTS AND GRADING: The following components make up the final grade: 1. 2. 3. 4. 5. 6. An individual assignment (see also 6.) A group case study An overview on a trip visit or trip activity Participation in class activities Good behaviour (student code of conduct applies) Pre-trip video-viewing (add-on to 1. above) 30% (=preliminary course grade) 30% 10% 10% 10% 10% 1. Individual Assignment: individual response paper to “Europe’s Reluctant Hegemon”, The Economist, Special Report Germany, June 15, 2013, 20 pp. Max. 4 pages, 1.5 spaced, 12 point-Times Roman font, essay form, MS-Word file: a) Describe what was most interesting to you and provide reasons. b) Update the contents of the article with post-election news to the present (what has happened in Government/Business/Politics since June 2013?). The objective of this individual response paper is to prepare for discussions with Europeans on topics that are a likely focus of the tour. This assignment serves to determine the preliminary grade. Criteria for evaluation are: a) content (issue formulation, relevance, depth of analysis, creativity) and b) format (conciseness and style, organization, format). Deadline: electronic submission to Rolf.Mirus@ualberta.ca, by March 29th, 12:00; 2. Group case study: Wolters Brewery (A), Negotiating Restructuring, IVEY Case 9B12M009, 2012 Taking the perspective of the owners, of the Management Buy-Out (MBO) team, and of the Workers’ Council, answer specific questions during a case session at TU-Munich; a maximum 15minute-presentation by each group; Case will be handed out on January 25th, groups will be assigned on that day, and each group will be given a specific question to address. Criteria for evaluation are: a) content and support for your arguments, and b) clarity, logic, effectiveness, and attention to detail of your presentation. 3. Overview of visit or activity during study tour: on March 29th each student will be given one activity that the study tour will involve (e.g. visit to European Parliament in Strasbourg, castle Neuschwanstein visit, Champagne House visit); the student will prepare one-page of background information on the activity (Times Roman 12 points font, 1.5 spacing); this is to be shared with all classmates, so 30 copies should be provided during the field trip and prior to the activity. Criteria for evaluation: a) content/relevance, b) form; 4. Participation: During the course you are expected to participate and contribute by raising questions/issues, share experiences, and assume an active role in presentations. 5. Good behaviour: The complexity of a field trip requires cooperation and consideration by all participants. Missing deadlines for deliverables, showing late for activities and bus departures, inappropriately casual dress for activities like meetings, company visits, or lectures, and other actions that cause significant problems for the group as a whole are to be avoided. A first offense will result in a warning, a second offense means loss of one grade symbol (e.g. A to A-), and a third violation will result in a letter grade reduction. These sanctions are the joint decisions of the two instructors and are non-negotiable. A fourth violation will have consequences that will have to be determined at the time. 6. Pre-trip Video Viewing: is part of the individual preparation for the study visit. www.youtube.com/watch?v=R0IWICH3rY (just for a laugh) www.youtube.com/watch?v=mdWmaEA50P0 (German business etiquette) www.youtube.com/watch?v=Uad1Ma5DSMA (How Germany became Europe’s richest; PBS) www.youtube.com/watch?v=B7XYbiEV-hU (German Mittelstand; from The Economist) www.youtube.com/watch?v=ttuXQWV_dtQ (Cartoon explaining the Euro-Crisis) FORMAL POLICY STATEMENT 1. Students are expected to be familiar with the standards regarding academic honesty and to uphold the policies of the University in this respect. The provisions of the Code of Student Behaviour apply (online at www.ualberta.ca/secretariat/appeals.htm). Behaviour that could result in suspicions of cheating, plagiarism, misrepresentation of facts and/or participation in an offence. Academic dishonesty is a serious violation and can result in expulsion from the University. 2. Pictures will be taken during the activities of the study tour and might be uploaded for marketing purposes.