STRATEGIC MANAGEMENT (Course Part in English: Current Issues in the Intercultural Environment of Global & National Business) COURSE SYLLABUS Key Information Course Title: STRATEGIC MANAGEMENT (Title of the Course Part in English: Current Issues in the Intercultural Environment of Global & National Business) Faculty: Management Level of Education: Bachelor, 3rd Year ECTS Credits: 2 Аuthor: Elena V. Kornyshkova (Senior Lecturer HSE-SPb, Associate Professor HSE-Moscow, MBA (ISU, USA) Instructor: same Program Outline 1. Prerequisites Basic courses in Management, Marketing English proficiency (Upper Intermediate as a minimum) 2. Goals, Benefits, Learning Outcomes Global and national business environment and borders-free competition, sky-rocketing importance for increasing of professionals’ mobility and of knowledge, for changes in management mentality, expansion of knowledge horizons beyond traditional for Russia managerial approaches - all these factors make it important to acquaint the students with several modern concepts and issues which play a central role in today’s international business. The focus of the course in on the key management philosophy of Trust Management and its comprehensive application in various areas of today’s business. The course develops awareness of the research in the area of the selected for the course concepts and challenges. It gives key theoretical approaches, supported with extensive reading and analysis of modern research articles in English, as well as sharing the results, presented concepts in the class. The course then builds competencies through usage of the concepts and business practice study cases as a valuable learning tool. The course follows the challenge of building knowledge bridges to the strategic management approaches and instruments being used in the international business and therefore becoming general standards in the globalized economy. The course is aimed at building essential for managerial and professional activity competences. The central areas of learning, besides concentrating on Trust Management business philosophy as the necessity for sustainable success of a company in all areas of management in the global economy, focuses on Cultural Competence as a core requirement in strategic management thinking, on the basics of high performance and effectiveness of three types of organizational communication, modern strategic and communication issues in Customer Relations Management, a comprehensive model of Corporate Social Responsibility, and implementation of best international practice in the area of leadership and strategic talent-search - through detailed collaboration with leading universities as a strategy towards sustainable success in the globalized economy. The course also includes a guest lecture by an international expert and consultant in Corporate Social Responsibility and a further discussion of research articles on the topic and stereotypes in understanding of the concept which will include business cases. Students who complete this course successfully should be able to: Understand the concept of Trust Management and its application in various areas of an organization’s business (Marketing, CRM, HRM & Leadership, Business Development etc.). The Trust Management philosophy is the core part of the course. Understand a Trust Matrix Model and how to use it in decision-making and building instruments to achieve a high level of trust in the organization internally and externally. Define a cultural profile of organization and build a strategy to achieve business goals successfully and effectively - by applying a Cultural Orientation Model (COM) - towards implementing the Trust Management Concept as a base in strategic thinking. Understand types of organizational communication and to be able to come up with strategic decisions in the areas of organizational communication to support the organization’s mission and goals. Understand how communication approaches can support or destroy organizational trust environment (internally and externally to the organization). Understand the key communication principles applied in today’s business practice in Client Relations Management towards achieving sustainable competitive advantages and repeat business. Analyze research articles in English, to define the major concepts presented there and to see how they can be used in strategic thinking. Define an increasing role of strategic approaches to comprehensive collaboration between companies and leading universities basing on the best international business practice. 3&4. Distribution of Hours & Course Content № 1 Topic Trust Management as Strategy: concept, issues, cases. Starbucks – Business Case of Comprehensive Trust Management as Total amount of hours 3 Classroom Activities Lecture s 2 SelfSeminars Workshops Study 1 Business Strategy towards Sustainable Success in National & Global Business Development. Case Study: Starbucks. 2 Cultural Competency & Strategic Management. Cultural Orientations Model: how to use it. Case Study. 6 4 2 3 High-performance organizational communication: concepts, instruments. Case Study. 6 4 2 4 Customer Relations Management: leadership, communication, training. Cases: Building Client-oriented companies. LHS Case Study. 4 2 2 5 Corporate Social Responsibility: International Concept, Instruments. Cases (USA, CIS). – Guest Lecture (in English) Mari Stock (USA) - 20.03 4 2 2 HRM & Leadership – current issues. Empowerment. Search of leaders: challenges. Partnerships with universities: best international business practice of cooperation with leading universities - systemic approaches. Strategy Development Exercise. 5 4 1 TOTAL 28 18 10 Case Study. 6 5. Evaluation Type of testing Current Form of testing 1.Short tests 2. Executive Summary & Parameters 20 min length, contains 5 mini-cases related to 5-min presentations on the discussed material. Required Reading (research articles on the material of Executive Summary, Presentation & discussion the classes) – group projects. Intermediate none Final test Comprehensive written test Test consists of 3 parts. Part 1 (30 min) is of of 90 minutes Closed-Book Format and has questions on the Course material. Parts 2 and 3 are Open-Book Format and consist of cases which students need to solve applying the material of the course. 6. Required Reading Pate J., Morgan-Thomas A., Beaumont Ph. Trust Restoration: an Examination of Senior Managers’ Attempt to Rebuild Employee Trust, Human Resource Management Journal, Vol. 22, Issue 2, 2012, pp. 148-164 Lagrosen S., Lagrosen Y. Trusr and Quality Management: Perspectives from Marketing and Organizational Learning. Total Quality Management. Vol.23, No.4, Jan. 2012 pp.13-26 Heskett J. Why is Trust So Hard to Achieve in Management? Working Knowledge, Harvard Business School weekly newsletter http://hbswk.hbs.edu/item/7034.html Spreitzer G., Mishra A. Giving Up Control Without Losing Control Trust & Its Substitutes’ Effects on Managers’ Involving Employees in Decision Making. Group & Organization Management, June 1999; Vol. 24, No. 2 pp.. 1-10 Morgan R.M., Hunt Sh.D. The Commitment-Trust Theory of Relationship Marketing Journal of Marketing Vol. 58, 1994, pp. 20-38 Shockley-Zalabak, S., Morreale, Sh., Hackau, M. Building High-Trust Organization: Strategies for Supporting Five Key Dimensions of Trust, Jossey-Bass (2005) Edmondson, A.C. Corporate Values and Employee Cynicism, Working Knowledge, Harvard Business School weekly newsletter, February 27, 2006. http://hbswk.hbs.edu/item/5229.html (summary of the original article) Germain M.L. Developing Trust in Virtual Teams, Performance Improvement Quarterly, Vol. 24, Issue 3, 2011, pp. 29-51 Denison Daniel R., Mishra Aniel K. Toward a Theory of Organizational Culture and Effectiveness, Science, Vol. 6, No.2 (Mar.-Apr., 1995), pp. 204-223 http://karhen.home.xs4all.nl/Papers/M&A/Denison%20and%20Mishra%20(1995).pdf Jackson T., The Management of People Across Cultures: Valuing People Differently. Human Resource Management, Vol. 41, No. 4, Winter 2002, pp. 455-475. Tost L.P., Gino F., Larrick R.P., When Power Makes Others Speechless: The Negative Impact of Leader Power on Team Performance, Working Knowledge, Harvard Business School weekly newsletter, April 1, 2011. http://hbswk.hbs.edu/item/6649.html Groysberg B., Slind M. Leadership is a Conversation. Harvard Business Review, Vol. 90, No. 6, Jun 2012. Groysberg B., Slind M. Talk, Inc.: How Trusted Leaders Use Conversation to Power Their Organizations. Harvard Business Press Books (2012). (Article at http://hbswk.hbs.edu/item/7054.html ) Expejo R. Information Management, Organization and Managerial Effectiveness. Journal of the Operational Research Society, Vol. 39, No.1 (1988), pp. 7-14 Margolis J. D., Molinsky A.L., Lagace M., Conducting Layoffs: 'Necessary Evils' at Work Working Knowledge, Harvard Business School weekly newsletter, 2009. http://hbswk.hbs.edu/item/6084.html Michelman P., Sharing News That Might Be Bad, Working Knowledge, Harvard Business School weekly newsletter, Dec. 13, 2004. http://hbswk.hbs.edu/item/4538.html Nobel C., The Power of Conversational Leadership, Working Knowledge, Harvard Business School weekly newsletter, 2012. http://hbswk.hbs.edu/item/6876.html Lundberg H. Andresen E. Cooperation Among Companies, Universities and Local Government in a Swedish Context. Industrial Marketing Management, Vol.41, No. 3, Apr. 2012, pp. 429-437 Garcia-Quevedo J., Mas-Verdu F., Polo-Otero J. Which Firms Want PhDs? An Analysis of the Determinations of the Demand. Higher Education Vol. 63 (5) 2012, pp. 607-620 Shi Y., Handfield R. Talent Management Issues for Multinational Logistics Companies in China: Observations from the Field. International Journal of Logistics Research and Applications, Vol. 15, No.3, 2012, pp.163-179 Coulson-Thomas C. Talent Management and Building High Performance Organizations. Industrial and Commercial Training Vol. 44, No. 7, 2012, pp. 429-436 Heath C., Technical and Non-Technical Skills Needed by Oil Companies. Journal of Geoscience Education, Vol. 48, No.5 (2000-01-01), pp. 605-616 Jaidi Y., van Hooft E., Arends L. Recruiting Highly Educated Graduates: A Study on the Relationship Between Recruitment Information Sources, the Theory of Planned Behavior, and Actual Job Pursuit. Human Performance, Vol. 24, No. 2, Apr. 2011, pp. 135-157 Rhodes C., Wray-Bliss E. The Ethical Difference of Organization. Organization, Vol.20, Issue 1, Jan. 2013, pp. 29-50. Singh JJ., Iglesias O., Batista-Foquet JM. Does Having an Ethical Brand Matter? The Influence of Consumer Trust, Affect and Loyalty. Journal of Business Ethics. Vol.111, Issue 4, Dec. 2012, pp. 541-549 Pless N. M., Maak Th., Waldman D.A. Different Approaches Towards Doing the Right Thing: Mapping the Responsibility Orientations of Leaders. Academy of Management Perspectives, Vol. 26, Issue 4, Nov. 2012 pp. 51-65. Contact person Elena V. Kornyshkova Senior Lecturer HSE-SPb, Associate Professor HSE-Moscow, MBA (ISU, USA) ekornyshkova@hse.ru, ekornychkova@yandex.ru +7 911 11 8643