Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 1 Kent State University, Stark Campus M&IS 44285 – INTEGRATED BUSINESS POLICY/STRATEGY Fall 2009 Semester Call # 14904 Section 600 Days Tu Th Time 12:30pm-1:45pm Room 210 Fine Arts Instructor: Dr. Victor L. Berardi Phone: 330-244-5175 office 330-244-0078 home, between 9:00am & 9:00pm only please Email: vberardi@kent.edu Web: www.personal.kent.edu/~vberardi Office: 150M Fine Arts Bldg. Hours: MW 11:15 – 12:00pm (before 10/21), 1:15 – 2:00pm (after 10/21) TR 1:45 – 3:15pm, T 6:30 – 6:55pm, 9:35 – 9:50 pm (preference to night class) Also, by appointment, please contact to arrange Textbook & Materials Required: Strategic Management—Concepts, 6th or 7th Edition Hitt, Ireland, and Hoskisson Southwestern, 2004 or 2006 Course Catalog Description Integration of the functional areas of business in the formation and implementation of policy. Projects and case analyses of business situations provide students with the opportunity to apply analytical and creative problem solving skills. Prerequisite: admitted into the College of Business and minimum 2.50 cumulative GPA; and MIS 24163 or BMRT 11009. Students without the prerequisite risk being deregistered from the course. Overall Course Objectives Upon completion of the course, students will be able to apply modern theories of strategic management (such as market- and resource-based frameworks) and integrate all business disciplines to make decisions and solve business problems. Students will have a breadth of understanding across all areas of business. Methods of Teaching This course relies heavily upon discussion cases and questions to supplement class lecture. Therefore, student participation via in-class discussion, exercises, and presentations are critical components to the success of this course and is given due consideration in student evaluation. A semester-long group project is a major course component used to integrate material and prepare students for group dynamics in the workplace. Examinations tend to fulfill a factual role in the course but include an integrative role too. Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 2 Student Evaluation and Grades Student evaluation in this course may consist of examinations, group and individual projects, and class preparation and participation. A breakdown of the relative value of each component, a description of each, along with the schedule for final grade allocation follows. The following is a summary of the grade allocation and the base rules for assigning final grades: Exams I – III (14%,15%,21%) Prelim. Grp. Projects (2 req’d) Final Grp. Project Grp. Presentation Ind. Projects (2 req’d) Preparation/ Participation 50% 6% 21% 7% 6% 10% 100% Final Grade Allocation 90.0 to 100% A 89.5 to <90.0% A88.5 to < 89.5% B+ 81.5 to <88.5% B 80.0 to < 81.5% B79.5 to <80.0% C+ 71.5 to < 79.5% C 70.0 to <71.5% C60.0 to < 70.0% D Less than 60% F Grading scale may move down but never higher. 1. Exams Two midterm exams and one final will be given. The weights for each exam are as noted in the schedule above. Exams generally will consist of short answer and essay questions and may be factual and/or integrative in nature. Exams may be in-class, take-home, or a combination. Specific details and expectations will be communicated in class. Students are expected to take the exam on the scheduled date. If a student is unable to be present in class when an exam is scheduled, it is the student’s responsibility to contact the instructor prior to the exam date, or within 24 hours after the exam if an emergency situation exists. Makeup exams may be written or oral essay! It is the student’s responsibility to contact the instructor to schedule a makeup exam as soon as possible after the missed test. Failure to do so will result in a grade of zero points for the test. 2. Group Projects and Presentation Student groups (approximately 4-5 students per group) will investigate strategic considerations of a major industry and an organization within that industry as a semester-long project designed to parallel classroom topics. It will be necessary for students to perform outside research to fully investigate the dynamics of the specified industry. However, structure is provided by utilizing S&P Industry Surveys available from the library on-line (campus computers) and other library, Internet, and outside sources. Students will be charged with generating a written analysis and a formal presentation utilizing PowerPoint or a similar presentation tool as noted in the schedule. Detailed information concerning project write-up and presentation structure and content will be discussed in class. Two preliminary project reports are required to facilitate project completion throughout the semester and to avoid end of semester surprises. 3. Individual Projects Strategic planning considerations are just as useful to individuals as to corporations. Therefore, students will be charged with considering their own strengths and weaknesses and the opportunities and threats presented by the environment as they pursue their careers. From this first project, students will then plot a five-year plan to help them get to where they want to be. Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 3 4. Participation and Preparation Classroom preparation and participation by students are integral components to this course. The course schedule contains information on activities requiring advance preparation and others will be assigned in class. I will collect these so write them out on a sheet of paper. “Winging it” is usually easy to identify and not highly rewarded. The instructor is the final judge as to the level of preparedness and may deduct up to 10 percent from the participation portion of a grade for each incident (e.g., Two non-prepared events during a semester may result in a maximum grade of 80 percent on participation.) IMPORTANT NOTE—Absences may impact both the preparation and participation grades and lead to greater deductions than noted above. See Attendance section. A course management system called BlackBoard/Vista is used in this course. The instructor will overview the system in class and can help students who have never used it or who run into problems. Please ask if you need help. Student Responsibilities The student is responsible for doing all assigned readings and internalizing all the material presented in class, which may or may not originate from the textbook. The student will be responsible for the material covered in the lectures, assigned textbook readings, presentations, and other assignments whether or not covered in the class lectures. Discussion questions and cases requiring advanced student participation will be announced by the instructor and/or listed in the course schedule or chapter notes. The instructor may randomly check for evidence of preparation to be included in a student’s preparation, participation, and/or attendance grade(s). See the grades and student evaluation sections for relative emphasis in this course. Written evidence, informal as it may be, often requires less follow up by the instructor than that which is simply committed to student memory. The instructor is the final judge as to the level of preparedness and may deduct up to 10 percent from the participation portion of a grade for each incident (e.g., Two nonprepared events during a semester may result in a maximum grade of 80 percent on participation.) The student is responsible for submitting the assignments when scheduled by the instructor. Absence from class does not excuse the student from any assignments made during the class period. Email may be used to submit assignments only with instructor approval. A student who misses a class should check with the instructor to determine if an assignment was made during the class that was missed. It is recommended to ask other students, too, if an assignment was made. In consideration of others, please turn off cell phones and do not access the internet, email, etc. during class. Texting is a particularly obnoxious activity and will be dealt with as such. The instructor can accommodate emergency situations if notified in advance. Violations may impact your preparation grade because they are particularly disruptive to others. Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 4 Academic Dishonesty The use of the intellectual property of others without attributing it to them is considered a serious academic offense. Cheating or plagiarism will result in receiving a failing grade for the work or course. Repeat offenses will result in dismissal from the university. Plagiarism software (e.g., Turnitin.com) will be required in this course as exclusively determined by the instructor. If you do not agree to this requirement, you must deregister now. In courses requiring citation of sources, the preferred format is APA, though MLA is also acceptable. The Writing Center’s Writer’s Toolbox (www.stark.kent.edu/Academics/Writing/Toolbox.cfm) has pamphlets if needed. Sources must be credible, preferably peer-reviewed, and not open to manipulation by individuals. Library and Ohio Link databases are safe bets. Internet websites can be acceptable but use with caution. Wikipedia (www.wikipedia.com), while a good source to consult, is never acceptable as your final source. If you find information in Wikipedia that you want to reference, you should be able to find it at an alternative, acceptable source. Students with Disabilities Kent State University recognizes its responsibility for creating an institutional atmosphere in which students with disabilities can succeed. In accordance with University Policy Subpart E…104.44, if you have a documented disability, you may request accommodations to obtain equal access in this class. Please contact the Office of Student Accessibility Services on campus. The Office of Student Accessibility Services is located in the Campus Center in the Academic Success Center, lower level Room #40. Kelly Kulick is the Stark Campus coordinator. If a student with a disability is requesting assistance, medical documentation needs to be presented to the disability coordinator for review. Professors cannot award accommodations without input from the Office of Student Accessibility Services. Feel free to contact Ms. Kulick with any questions regarding eligibility and/or disability issues. You may contact Ms. Kulick either by her office number at 330-244-5047 or through e-mail kkulick@stark.kent.edu. Attendance Students who do not attend lectures cannot get preparation and participation points (and attendance credit as appropriate) during that class period. All requests for excused absence must be in advance. The instructor may deduct up to 25 percent from the preparation and/or participation portions of a grade for each incident (e.g., In this case, two absences during a semester may result in a 50 percent on preparation and/or participation.) Kent State University now has a stopped attending failure (SF) grade faculty are to report during the semester for students who are not attending classes. NOTE— this may impact Title IV student financial aid eligibility and awards, please manage this issue with the utmost care. WARNING—The instructor reserves the right to fail students with unexcused absences that total more than 3 contact hours (e.g., more than two classes for a twice per week course in fall or spring or one class meeting during intersession). If you think you might have trouble meeting this requirement, please consider withdrawing from the course now to avoid problems later. Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 5 Registration and Withdrawals Students have responsibility to ensure they are properly enrolled in classes. Should you find an error in your class schedule, you have until September 13th to correct it with your advising office. If registration errors are not corrected by this date and you continue to attend and participate in classes for which you are not officially enrolled, you are advised now that you will not receive a grade at the conclusion of the semester for any class in which you are not properly registered. The course withdrawal deadline is November 8th. Withdrawal before the deadline results in a "W" on the official transcript; after the deadline a grade must be calculated and reported. Note—Registration, attendance, and withdrawal issues may impact Title IV student financial aid eligibility and awards, please manage this issue with the utmost care. Students are strongly encouraged to consult an academic advisor in Student Services before dropping courses. Tentative Schedule Changes made as directed and communicated by instructor. Week 1 Day Tue Date 9/1 Thur 9/3 Tue 9/8 Thur 9/10 3 Tue 9/15 4 Thur Tue 9/17 9/22 Thur 9/24 Chapter 8: International Strategy Tue Thur 9/29 10/1 EXAM 1 2 5 Textbook Chapter 1: Strategic Management and Strategic Competitiveness Chapter 10: Corporate Governance Chapter 2: External Environment Activities Introduction Chapter 1 Chapter 1 Group Project Introduction Chapter 1 Chapter 10 Group Project Introduction Chapter 10 Prep—Find an example of corporate misconduct or a governance issue and prepare to discuss in terms of ch. 1, 10, etc. Details given in class. Group Project Introduction Chapter 2 Group Time Chapter 2 Chapter 2 Prep—Scanning the External Environment…Do individually and apply to your semester project industry. Detail given in class. Chapter 8 Group Time Chapter 8 EXAM 1: Chapters 1, 2, 8, and 10 Continued on next page. Course: 44285 Int’d Bus Policy/Strategy Fall 2009 Instructor: Victor Berardi 6 Tentative Schedule (continued) 6 Tue 10/6 Thur 10/8 7 Tue Thur 10/13 10/15 COB ASSESSMENT TEST 8 Tue Thur 10/20 10/22 Chapter 4: Business Level Strategy 9 Tue 10/27 Thur 10/29 Chapter 5: Competitive Rivalry and Competitive Dynamics Chapter 6: Corporate-Level Strategies Tue Thur 11/3 11/5 11 Tue Thur 11/10 11/12 12 Tue Thur 11/17 11/19 Tue 11/24 Thur 11/26 Tue Thur Tue Thur 12/1 12/3 12/8 12/10 Semester Project Session Group Presentations Group Presentations Final Final PER UNIVERSITY SCHEDULE 10 13 14 15 16 Chapter 3: Internal Environment Chapter 7: Acquisition and Restructuring Strategies EXAM 2 Chapter 9: Cooperative Strategies Chapter 11: Organizational Structure and Controls NO CLASS Chapter 3 Group Time Chapter 3 DUE Grp. Prelim. Report #1—Focus on external environment w/ some overview COB ASSESSMENT TEST Prep—Scanning the Internal Environment…Do individually for semester project company. Details given in class. Chapter 4 Chapter 4 DUE—Ind. Project #1: Personal SWOT Analysis. Details given in class. Chapter 4 Chapter 5 Chapter 5 Chapter 6 Chapter 6 Chapter 7 Group Time Exam 2: Chapters 3-7 Chapter 9 DUE Grp. Prelim. Report #2—Focus on chapter 3, then chapters 4 - 6 Chapter 9 Chapter 9 Chapter 11 Group Time Chapter 11 DUE—Ind. Project #2: Five-year strategic plan. Details given in class. THANKSGIVING Chapter 11 Semester Project Session Group Presentations Group Presentations DUE—Final Group Projects (all groups) EXAM 3: Entire semester