BADM 653 Executive Masters of Business Administration (EMBA) Global Planning / Strategy Fall 2005 Dr. David Dawley Office: B&E 118 Phone: 293-7923 E-mail: david.dawley@mail.wvu.edu Class Meetings: T-R 6:00pm – 9:00pm Saturday 8-27 (interactive video) Saturday 9-17 in Morgantown Office Hours: MWF By Appointment T-R 5:30pm – 6:00pm T-R 9:00pm – 9:30pm (with notice) Dr. Dick Riley Office: B&E 303 Phone: 293-7849 E-mail: richard.riley@mail.wvu.edu Global Planning and Strategy explores the various strategic planning options available to companies in order to compete in the global market place. The course places emphasis on entrepreneurship, growing a business, developing a business plan and shopping that plan with the goal of securing additional financing to support global expansion. Course Objectives/Learning Outcomes: (1) Analysis of business opportunities and strategies. (2) Analysis of company performance with a goal of making subsequent decisions. (3) Development of a cross-discipline understanding of business, including operations, marketing, production, distribution, financial and accounting. (4) Emphasis on unstructured problem solving. (5) Develop tolerance / appreciation for ambiguity. (6) Consideration of ethical issues whenever appropriate. (7) Interaction with business professionals. Required: Marketplace Business Simulation Software Recommended Text: (1) “Essentials of Strategic Management” by J. David Hunger (2) "Bringing Your Product to Market" by Don Debelak (3) "Successful Business Plan: Secrets and Strategies" by Rhonda Abrams Teamwork and Leadership Skills: This course was designed for extensive use of teams. As a result, teamwork concepts, team management and leadership are pervasive throughout the exercise. Marketplace Business Simulation Software: Marketplace is a comprehensive / complex business simulation. The business simulation requires participating teams to start and manage a personal computer manufacturing company from scratch in competition with other participating teams (your fellow classmates). Student teams are expected to make all start-up, operational, marketing, production, financial and other strategic decisions required to manage the business. Included in the process, participating teams must develop / write a business plan for their company and solicit and negotiate with venture capitalists for much needed growth capital. At the end of the exercise, participating teams report the results of their company's performance, including return on investment, customer satisfaction and market share to venture capitalist investors. If you are interested, you can read more about Marketplace at the following website: http://www.marketplace-simulation.com/. Assignments: (1) (2) (3) (3) (3) Percentage 20.0 20.0 Business simulation Written Business Plan Venture Capital Presentation Final Presentation Class Preparation / Participation Total 20.0 20.0 20.0 100% The professor reserves the right to incorporate quizzes and exams at his discretion. Teamwork and leadership will have a significant impact on each of the above grading categories. Grading Policy: The following grading scale will be used to assign grades at the end of the semester: Grade A B C D F Interpretation Excellent Good Satisfactory Poor Percentage 90% 80% 70% 60% Below 60% Topical Outline and Assignments August 27 All-day Kick-off Session 9:00am – 5:00pm Steve Cutright – Entrepreneur Introduction to Marketplace Business Simulation Review of Q2 Decisions Q2 Dues by 1:30pm Review Q3 Decisions August 30 Q3 Team Meetings September 1 Q3 Decisions due by 9:00am Review Q3 Results Introduction to Q4 September 6 Q4 Team Meetings September 8 Q4 Decisions due by 9:00am Review Q4 Results Introduction to Q5 September 13 Are you ready: Analysis of Performance? / Business Plans / Raising Money – Randy Gillett, Beacon Associates September 15 Venture Capital Fair / Q5 Team Meetings / Preparation for VC Fair – Review of Presentations / Valuations September 17 Venture Capital Fair – Group Meeting in Morgantown 9:00am-3:00pm September 20 Q5 Decisions due by 9:00am Review Q5 Results Review Venture Capital Fair Results Introduction to Q6 Q6 Team Meetings - Informal September 22 Q6 decisions dues by 9:00am Regular Class: Review Q6 Results Q7 Team Meetings - Informal September 27 Q7 decisions due by 9:00am Review Q7 Results Q8 Team meetings - Informal September 29 Q8 decisions due by 9:00am Review Q8 results Prepare final Presentations October 4 Final presentations to venture capitalists