. UNIVERSIDAD DE ESPECIALIDADES ESPÍRITU SANTO FACULTAD DE ESTUDIOS INTERNACIONALES SYLLABUS ENGLISH VERSION FOR DAC 11 VER 19 05 08 SUBJECT: STRATEGIC MANAGEMENT FACULTY: Fernando Ruiz CONTACT HOURS: 48 YEAR: 2009 DAYS: Mon-Thurs ROOM G-299 CODE: UGER 475 CREDITS: 3 UEES (4.8 SNCC) NON-CONTACT HOURS: 96 PERIOD: Winter 2009 SCHEDULE: 19:25-20:45 SYLLABUS DATE: Dec 15 2008 1. COURSE DESCRIPTION The purpose of this course is to develop strategic thinking in business administration through the development of real life cases. This is a course that is based on lectures and class interaction, combined with case solution techniques. Knowledge in marketing, economics, finance, human relations and other areas are applied in this course to develop sound strategic management abilities. 2. JUSTIFICATION This course emphasizes Strategic Thinking and Analysis in Business. Students learn the importance of developing a strategy, objectives and a correct structure to support implementation of strategy. Students learn the importance of group work to solve specific real life cases. 3. OBJECTIVES a. GENERAL a.1. Develop critical and analytical thinking a.2. Learn the strategic management process a.3. Company situation analysis (SWOT) a.4. Do strategic thinking in local markets b. SPECIFIC b.1. Analysis of the need of strategic management. b.2. Developing Mission, Vision. Strategic and Tactical level planning. b.3. Analysis of the industry and of the company (Porter’s driving forces, SWOT analysis) b.4. Strategy and competitive advantages. b.5. Adaptation of the strategic plan. b.6. Analysis of single businesses and diversified corporations. b.7. Implementation of the strategy 4. COMPETENCIES To comprehend the Strategic ProcessTo implement SWOT technique. To apply Critical and Analytical thinking To participate in Team Work activities To develop Leadership skills 5. COURSE CONTENT OUTLINE DATES & SESSIONS Session 1 (01/12/09) Session 2 (01/13/09) Session 3 (01/14/09) SPECIFIC COMPETENCIES Session 6 (01/20/09) Session 7 (01/21/09) Session 8 (01/22/09) Session 9 (01/26/09) Session 10 (01/27/09) NON CONTACT HOURS ASSESSMENT The student analyzes Overview of the course. the Strategic Syllabus Analysis Management Process Introduction to case analysis. Overview of the Strategic Management Process Ref 1 - Chp 1 Pag 2 – 29 C2 – C 16 Ref 1 - Chp 1 Pag 2 - 29 Questions about former class. Reading control. The students comprehends the 3 Strategy-Making Tasks Ref 1 - Chp 2 Pag 30 - 70 Questions about former class. Reading control. Developing a Strategic Vision. Setting Objectives. Forming a Strategy. Deere and Company’s Strategic Vision Four Sample Mission Statements Intel’s two strategic Inflection Points Corporate objectives of several companies. Session 4 (01/15/09) Session 5 (01/19/09) CONTENTS Identifies different methods of Industry and Competitive Analysis Exercises in class Methods of Industry and competitive analysis. Porter’s Five Force Model Industry Analysis. Driving Forces Case development.- Case 1: Andrea ung’s Makeover of Avon Products, Inc. Identifies techniques How well is the current for Company Situation strategy working? Analysis SWOT Analysis Price and Cost Analysis Competitive Position and Strategic Issues Case development: Case 5: ZAP and the Electric Vehicle Industry Case development Ref 1 - Chp 3 Pag 72-113 Compares Strategy The five generic types of and Competitive competitive strategy. Advantages and Offensive and defensive Ref 1 – Chp 5 Pag. 148 - 194 Ref 1 – Chp 4 Pag. 114 – 147 Group work in class. Case development. Quizz of chp 1, 2 and 3 Group work in class. Case development. Group work in class. Case development. Reading control. Strategies. Session 11 (01/28/09) Session 12 (01/29/09) Session 13 (02/02/09) Session 14 (02/03/09) Session 15 (02/04/09) Session 16 (02/05/09) Session 17 (02/09/09) Session 18 (02/10/09) Session 19 (02/11/09) Session 20 (02/12/09) Session 21 (02/16/09) Session 22 (02/17/09) Session 23 (02/18/09) strategies. Case development Discusses Strategies Expansion into Foreign for Competing in Markets. Globalizing Markets Strategy Options for Foreign Markets Strategies for Local Companies in Emerging Markets Case development: Case 10.Kentucky Fried Chicken and the Global Fast Food-Industry Case development. And review MID TERM MID TERM Ref 1 – Chp 6 Pag 198 - 223 Discusses Business The Internet: Technology Models and Strategies and Participants in the Internet Era Strategic Mistakes made by early internet entrepreneurs E-Commerce Business Models and Strategies for the Future Case development. Case 16: Music on the Internet: Transformation of the Industry by Sony, Amazon.com, MP3.COM, and Napster Case development Ref 1 – Chp 7 Pag 224 – 255 Examines how to tailor Strategy to Fit Specific Industry and Company Situation Ref 1 – Chp 8 Pag 258 - 284 Strategies for competing in: - Emerging industries - Turbulent, High-Velocity Markets - Maturing Industries - Stagnant or declining industries - Fragmented industries Exercises and work in class Identifies ho to build - The Principal StrategyResource Strengths implementing tasks. and Organizational - Building a Capable Capabilites Organization. - Organizational structures of the future Case Development: Case 25: Robing Hood. Case Development Quizz of chp 4 and 5. Group work in class. Case development. Lecture and class work. Group work in class. Case development. Questions in class. MID TERM Reading control. Group work in class. Case development. Group work in class. Case development. Excercises. Ref 1 – Chp 11 Pag 354 - 386 Quizz about chp 7 and 8. Group work in class. Case development. Group work in class. Case development. Session 24 (02/19/09) Analyzes hot to manage the Internal Organization to Promote Better Strategy Execution Linking Budgets to Strategy. Best Practices and Continuous Improvement Support and reward systems. Ref 1 – Chp 12 Pag 388 – 415 Session 25 (02/25/09) Understands tips of corporate culture and leadership – Keys to Effective Strategy Execution Building a stratregysupportive culture Exerting Strategic Leadership Ref 1 – Chp 13 Pag 418 - 450 Session 26 (02/26/09) Session 27 (03/02/09) Session 28 (03/03/09) Session 29 (03/04/09) Session 30 (03/05/09) Case development: Case 28. South West Airlines Inc. Case Development Quizz Chp 9 - 10 Group work in class. Case development. Case Development Final overview FINAL EXAM 6. METHODOLOGY This is a case-based course that will require continuous student attendance. Lectures will be given to stimulate class discussion and participation about subjects covered in each specific chapter. Cases will be developed in class in groups of two to three people. Any day a reading control can be taken. At least seven cases will be developed during the course to develop analytical and critical thinking. Student knowledge and competencies will be evaluated through daily class participation, question-and-answer sessions and examination through authentic assessment i.e., demonstrating what has been learned. Note that students CANNOT make-up missed work through class absence. Students are highly encouraged to maintain a consistent presence during all scheduled class times. There is a final case, which will be discussed in class. This final case comes from a reallife situation and will be developed in groups. You will have days assigned in class to work in the case. This case, as it is in real-life, covers all subjects discussed in class. 7. ASSESSMENT Activities Cases Quizzes Class Participation Mid Term Exam 100 50 35 15 Mid Term Grades ((Activities + Exam)/2) Final Term Activities Cases Quizzes 100 100 100 50 35 Class Participation Final Term Exam (Final Case Project) 15 100 Final Term Grades ((Activities + Exam)/2) 100 Academic Grade ((Mid Term Grade + Final Term Grade)/2) 100 Minimum grade for class approval: 70 The exam date will be announced with time. Once the dates are established, they cannot be changed. 8. BIBLIOGRAPHY 8.1 REQUIRED Thompson & Strickland, “Strategic Management: Concepts & Cases”, 13th edition; McGraw Hill, 2004. WEBLIOGRAPHY EBSCO DATABASE 9. FACULTY INFORMATION NAME: Fernando Ruiz N. . ACADEMIC CREDENTIALS--UNDERGRAD: Ingeniero Civil de Industrias – Pontificia Universidad Católica de Chile GRADUATE: MBA – Universidad Técnica Federico Santa Maria E – MAIL: fernandoruiz.ecoloimp@gmail.com 10. Prepared by: Fernando Ruiz N. Reviewed by: Dean Mónica Reynoso Date: Dec 15 2008 Date: Dec, 2008