Instruction Plans Instructions Instruction plans for multi-section courses will be formulated by Course Planners appointed by the HoD-F. For single section courses, the prospective instructors should be the course planners as far as possible. The format of the Instruction plans has been prescribed. It is the responsibility of the Course planner to develop all homework and teaching aids, including the demonstration kits, and arrange for their procurement and distribution 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Each IP will be a separate .doc file named IPXXXXXX.doc where XXXXXX is the alphanumeric code of the course without any blank or hyphen. As far as possible only one textbook will be prescribed. Additional books will be prescribed only where absolutely essential. Specify only specifically useful web pages. Give complete address and the salient feature of that. Plan for 13×L lectures: 7×L for before the MTE, 6×L for after the MTE. Provide for at least 2×L spill-over lecture. Each half of the plan should be divided into two halves each. Mark the location of the MTE after 7*L lectures. While planning homework, follow the scheduling guidelines given below. At least 6 clear days should be given for students to complete a homework. Nature of homework refers to if it is an individual or group homework, if it is common to all students or not. Copies of the Instruction plans will be made available to all instructors (through the HoD-Ss) as soon as the load allotment is made. Every instructor will complete the due reports within the specified time and submit them to HoD-S who, in turn, will forward them to HoD-F. Wherever there is no HoD-F, the responsibility mentioned in the following pages passes on to HoF Wherever there is no HoD-S, the responsibility mentioned in the following pages passes on to HoS Scheduling Guidelines for Homework, Tests, Quizzes, Etc. Note: for the current term, the first week is counted from August 31, 2009 (a) Homework category (a): (particularly, non-quantitative courses in LFBA), the Homework is evaluative. In such courses, full evaluations must be made with appropriate feedback to students. Homew ork no.Hand ed out in week number 1 2 2 4 3 10 Due in the week numb er To be evaluated, (notified to students and marks recorded in UMS and student record register)) in week number 4 6 12 6 8 14 1 4 12 14 15 Homework category (b) : there are two components of this type of homework : one is the evaluation of the submitted work, and the other is the evaluating the student on the basis of a test based on homework. Homework no. Handed out in week number Due in the week number 1 2 3 4 4 6 12 14 2 4 10 12 Test in week number. Homework to be returned in this week 5 7 13 15 Test to be evaluated, (notified to students and marks recorded in UMS and student record register) in week number 6 8 14 15 2 Lovely Professional University, Punjab FORMAT FOR INSTRUCTION PLAN (for Courses with Lectures with or without Labs) Term: ___III_______ Course No. _MGT 611_ Course Title: __Entrepreneurship And Business Plan _______ L: _4_ T: _1_ P: _0_ 1.Hisrich D Robert, Peters P Michael & Shepherd a Dean, “Entrepreneurship”, 6th edition, Textbook: Tata McGraw-Hill, New Delhi, 2008 Other specific books: 2. Zimmerer W. Thomas, Scarborough,” Essentials of entrepreneurship and small business Management”, 4th edition, Prentice Hall of India Pvt Ltd, New Delhi 3. Roy Rajeev, “Entrepreneurship”, Oxford University Press, 2008. 4. Desai, Vasant,”Small-scale Industries and Entrepreneurship,” Himalaya Publishing House. Other readings: S.No. 7 Journal articles as compulsory readings (Specific articles, Complete reference) 9 lies of Venture Capitalists: By Guy Kawasaki, Entrepreneur Magazine-February 2009. Available at: http://www.entrepreneur.com/magzine/entrepreneur/2009/february/199752 8 Sequoia India: Are they India’s Best Venture Capitalists: By Snigdha Sen Gupta, Outlook Business, 8th August, 2009. 3 Relevant websites: S.No . 11 Web address (Exact page address) Salient Features All rules, regulations and compliance policies for SMEs whether from the perspective of HR, Marketing, Finance or operational aspects. www.smetoolkit.org 12 www.entrepreneur.com Information to help, start, grow small scale business and articles related to entrepreneur 13 www.laghu-udyog.com For SSIs-Policies and schemes 14 www.startupplanet.com Process of Business Plan 15 www.businessplan.com www.taxindiaonline.com How to start a business 16 Information about taxes www.entrepreneurship.org 17 Public policy, laws, videos, articles and case studies related to entrepreneurship “http://www.youtube.com/watch?v=TszOUpuVA38 18 Sunil Bharti Mittal on entrepreneurship Note: Serial no. of text book, other specific books, other readings and websites should be in continuity and can go to any number, as illustrated in the format. Detailed Plan for Lectures Week No. Lecture No. Topic Chapters/ Sections of Textbook/ other reference1 Homework/ Pedagogical tool Demonstration/ Task to be case study/ images/ animations assigned to etc.planned4 students3 3 Part 1 (one fourth of total number of lectures) 1 1 Nature & development of entrepreneur ship: Earliest period, middle ages, 17th century, 18th century, 19th & 20th centuries Ch 1/pg6-8/1 1 2 The entrepreneurial decision process: Change from present lifestyle, desirability of new venture Ch1/pg 9-13/1 Video on ‘What is entrepreneurship’ http:/www.youtube.com/watch ?v=a10vg50p2kk Interactive Session 4 Pedagogical tool Demonstration/ case study/ images/ animations etc. actually used Date Delivered2 (Mention Regular (R) / Make Up (M) class) formation, possibility of new venture formation. 1 3 Types of Starts ups. Role of entrepreneur ship in economic development: Government as an innovator. Ch1/pg1417/1 Group Discussion 1 4 Intrapreneurship, entrepreneur ship. Entrepreneurial careers & education.. Ch1/pg1721/1 2 5 Ethics & social responsibility of entrepreneurs. The future of entrepreneurship. Ch1/pg2225/1 2 6 The entrepreneurial process: identify & evaluate the opportunity, develop a business plan, determine the resources required, manage the enterprise. Ch2/pg3840/1 Interactive Session 2 7 Managerial vs. entrepreneurial decision making: strategic orientation, commitment to opportunity, commitment of resources, control of resources, management structure. Ch2/pg4142/1 Group Discussion Case study: Its all about money, honey( tag line of India info line. com), Patagonia ( the coolest company in the world) HW- 1 Classroom Discussion 5 2 8 Causes of interest in intrapreneurship. Corporate vs. intrapreneurial culture. Ch2/pg4347/1 Classroom Discussion 3 9 Climate for intrapreneurship, Intrapreneurial leadership characteristics. Ch2/pg4851/1 Interactive Establishing intrapreneur ship in the organization: problems & successful efforts. Ch2/pg5153/1 Group 3 10 Session Discussion 3 11 Entrepreneurial feelings: Locus of control feelings about independence & need for achievement, Risk taking. Ch3/pg6264/1 Video on qualities that entrepreneurs need,http://ecorner.stanfor d.edu/authorMaterialInfo.ht ml?mid=365 3 12 Entrepreneur background & characteristics: Childhood family environment, education, personal values, age, work history, motivation. Ch3/pg6467/1 Case Study: Rags to Riches: Dhirubhai Ambani 4 13 Role models & support systems: Moral support network, professional support network, male Vs. female entrepreneurs Ch3/pg6871/1 Case study: Role of NGO in developing women entrepreneurs 4 14 Minority entrepreneur ship, entrepreneur Vs. inventors. Ch3/pg7275/1 Group Discussion 6 Part 2 ( another one fourth of total number of lectures) 15 4 4 5 16 17 18 5 5 19 Nature & importance of international entrepreneur ship, International vs. Domestic entrepreneur ship: Economics, stage of economic development, balance of payments, type of systems, political & legal environment. Ch4/pg8688/1 HW- 2 Interactive Cultural environment, Technological environment, Strategies issues: Environmental analysis, strategic planning, structure, operational planning, controlling the marketing program Ch4/pg8891/1 Interactive Entrepreneurial entry into International business: exporting, Non equity arrangements, Direct foreign investments. Ch4/pg9295/1 Classroom Majority interest, Barriers to international trade: General Agreement on Tariffs & trade (GATT), Increasing protectionist attitudes. Ch4/pg9698/1 Interactive Trade blocks and free trade areas, Ch4/pg9899/1 Classroom Session Session Discussion Session Discussion 7 entrepreneurs strategy & trade Barriers, Entrepreneurial partnering. 20 Intellectual property: need for a lawyer, how to select a lawyer, legal issues in setting up the organization: Patents, Ch6/pg160163/1 Case study: Frazier Lens. 21 International patents, the document. The patent application, Patent infringement. Ch6/pg163166/1 Interactive Business method patents: Trademarks, Registering the trademark. Ch6/pg166168/1 5 6 6 22 6 23 Copyrights, Trade secrets, Licensing. Ch6/pg168174/1 6 24 Product safety & liability, Insurance, Contracts. Ch6/174178/1 Business plan: Who should write & read the plan, Scope & value of Business plan, How to evaluate the Plan. Ch7/pg187190/1 Presenting the plan: information needs, Market information. Ch7/pg191195/1 25 7 7 26 Session Interactive Session Video on copyrights, http://www.youtube.com/w atch?v=OygLmgtBnm Class room Discussion Video on purpose of business plan,http://ecorner.stanford.edu/aut horMaterialInfo.html?mid=1372 Interactive Session 8 27 Financial information needs .Using the internet as resource tool. Writing the Business plan: Introductory page, Executive summary, Ch7/pg195199/1 28 Environmental & industrial analysis. Description of a venture, production plan. Ch7/pg199203/1 7 7 Case study: Bharat Stem cell Bank. Quiz- 1 Interactive Session MID TERM EXAM Part 3 (another one fourth of total number of lectures) 8 29 Operations Marketing Organizational assessment of Financial Plan, some business fail? plan. Plan plan, Risk, Why plans Ch7/pg204208/1 8 30 Marketing Considerations: Industry Analysis, Competitor Analysis. Marketing Research for new venture: Defining objectives, Gathering data, Analyzing & interpreting the results. Ch8/pg221226/1 Interactive Understanding marketing Characteristics Ch8/pg226230/1 Interactive 8 31 the plan. of a Video on startups that:Netek,http://ecorner.st anford.edu/authorMateriali nfo.html?mid=652 Session Session 9 marketing Plan 8 32 The marketing Mix: Defining the business situation, Defining target market, Considering strengths & weaknesses, establishing goals & objectives. Ch8/pg230234/1 Group Discussion 9 33 Defining market strategies: product & service, Pricing, Distribution, and Promotion. Ch8/pg234238/1 Interactive Session 9 34 Marketing strategy: Budgeting the marketing strategy, implementation. Monitoring progress, contingency planning. Why some plans fail? Ch8/pg238241/1 9 35 Organizational considerations: Legal forms of business, Ownership, liability of owners, Costs of starting a business, Transferability of interest. Ch9/pg251254/1 Capital Requirements, management control, Distribution of profits & losses, attractiveness for raising capital. Ch9/pg255256/1 Tax attributes of forms of business: Tax issues for proprietorship, Tax Ch9/pg257259/1 36 9 10 37 Case study: Shahnaz Husain Herbal & Beauty products. Interactive Session HW- 3 Interactive Session Interactive Session 10 issues for partnership, Tax issues for corporation. 10 38 The limited liability company vs. the S Corporation: Advantages & Disadvantages of S corporation. Ch9/pg259260/1 Group Discussion 10 39 Financial considerations: Operating & capital budgets, Pro forma income statements. Ch10/pg277280/1 Discussion on annual reports of Infosys 10 40 Performa cash flow, Performa balance sheet. Ch10/pg282285/1 Discussion on annual reports of Infosys and video on importance of cash flow,http://ecorner.stanford .edu/authorMaterialInfo.ht ml?mid=1373 Part 4 (another one fourth of total number of lectures) 11 11 41 42 Break even analysis, Performa sources & applications of funds. Ch10/pg287291/1 Sources of capital: Debt n equity financing, Internal n external funds, personal funds, Family & friends. Commercial banks: Accounts receivable loans, inventory loans, equipment loans, real estate loans. Ch11/pg323328/1 Interactive Session Video on how does going public change your company? http://ecorner.stanford.edu /authorMaterialInfo.html?m id=673 11 11 43 Cash flow financing: Installment loans, Straight commercial loans, long term loans, character loan, and bank lending decisions, Role of SBA in small business financing. Ch11/pg329331/1 Group Discussion 11 44 Venture capital: nature, overview of venture capital industry. Ratio Analysis: Liquidity ratios, Activity ratios. Ch12/pg353366/1 12 45 Leverage ratios, profitability ratios, General valuation approaches. Ch12/pg367369/1 Interactive Session 12 46 General valuation method, evaluation of an Internet company, Deal structure. Ch12/pg370372/1 Interactive Session 12 47 Strategic considerations: New entry, Risk reduction strategies: Market scope strategy: Narrow scope strategy n broad scope strategy, types of imitation strategies, Managing newness. Ch13/pg438442/1 Classroom Discussion 12 48 Growth strategies: Penetration strategies, Market development strategies, Product development Ch13/pg452456/1 Case study: Vinod Khosla/ Multimedia development corporation. Video on essentials of venture finance process,http://ecorner.stanford.edu /authorMaterialInfo.html?mid=1374 Case study: Determining the market demand for a health club, “ Shruti Darshini” - Preparing market feasibility report. 12 strategies, Diversification strategies, Examples of growth strategies. 13 13 13 13 49 50 51 52 Economic implications of growth: Pressures on existing financial resources, Pressures on Human resources, Pressures on the management of employees, Pressures on entrepreneur's Time. Ch13/pg458460/1 Interactive Ending the venture: Bankruptcy, Reorganization, surviving bankruptcy and prepackaged bankruptcy. Ch17/pg536541/1 Interactive Extending time payment plans, Liquidation: Strategy during reorganization, keeping venture going, warning signs on bankruptcy, starting over, the reality of failure. Ch17/pg541546/1 Exit strategy: Succession of business, Transfer to family and non family members, Harvesting strategies: Direct sale, employee stock option plan, management buyout. Ch17/pg548552/1 Session Session Quiz 2 Interactive session Interactive Session 13 Additional material for spill over (for at least 2XL lectures) 14 14 14 14 15 15 15 15 53 54 55 56 57 58 59 60 Family business Family Business Managing operations Managing operations E- Business Project Management Ch 4/pg 8392/3 Interactive Ch 4/pg 93102/3 Group Session Discussion Ch 10/pg 247253/3 Interactive Ch 10/pg 255265/3 Classroom Session Discussion Ch 14/pg 355368/3 Interactive Ch 16/ pg 396-404/3 Classroom PERT/CPM Techniques Ch 16/ pg 405-410/3 Social Responsibility Ch 19/pg 464479/3 Session Discussion Classroom Discussion Group Discussion Notes: 1. Use S. No. Of the readings above 2. To be filled in on the date of delivery of lecture by the instructor 3. Put homework number from Homework Table (below) against the lecture in which planned to be assigned (by co-ordinator). The first homework should be planned for the 2nd week of classes and the last should be assigned at least two weeks before the last day of classes. 4. Do not write Lecture, OHP, LCD projector etc. 5. DoA : date of Allotment 6. DoS: date of submission Details of Homework and Case Studies Planned: Homework Topics of the homework No. Nature of Homework (Group/individual/fieldwork) 14 Actual DoA5 Actual DoS6 Actual date of of task evaluation while starting business and how they overcome these problems. manner to give their judgemental opinion on the issue. All The detailed homework problems to be submitted attached as annexure Scheme for CA: (out of 100) Component Frequency Marks for each List of suggested topics for term paper [at least 15] (Student to spend about 15 hrs on any one specified homework) Topic 15 Total Marks Operational considerations involved. Plan for Tutorials: (Plan for 7 x T before MTE, 6 x T after MTE) S. No. Topic (s) Type of pedagogical tool(s) planned (case analysis, problem solving, test, role play, business game etc.) 1 Case study: Entrepreneurship: Luck or Persistence, Pain of partnership. Case analysis Group Discussion 2 Growth of Business idea: case study: Chulha Case analysis + Group Discussion 3 Doubt clearing session Problem session 4 Male Vs. Female entrepreneurs Group discussion 5 Types of entrepreneurs & Handling of their related problems. Role Play 6 Case based assignment test Case analysis 7 Doubt clearing session Problem session + solving solving MID TERM EXAM 8 Case study; prosperity. 9 Making a business Plan: Case study: Bamboo Dreams Case analysis 10 Doubt clearing session Problem session 11 Entrepreneurial finance: development corporation. 12 For Syllabus covered up till 11 week Globalizing Local Case talent, study: Calamity to Multimedia Case analysis + Group Discussion solving Case analysis Test 16 Pedagogical tool actually used – mention the title. (case analysis, problem solving, test, role play, business game) Date held for group A. Date held for group B 13 Doubt clearing session Problem session solving _______________________ Prepared by (Instruction Planner: Name, signature & date) Comments of Coordinator of Specialisation (COS) wherever this designation exists/ CoD-F (if any) Signature & Date Comments of HoD-F / HOF (if there is no HOD-F) Signature & Date 17 Course Report by Teacher (For all courses with or without lab) 1. Course reports are to be regularly updated throughout the term. 2. It is to be monitored by HOD-S one week before the MTE and at the end of the course, i.e., within the first week of the end term examination 3. The completed reports should be sent to HoD-F through HoD-S. 4. The reports will then be filed in the Master Course File and retained in the office of the HoD-F, who will use it for the end-term review of course syllabus, and will pass on the file to the Instruction Planner for the course in the new term. Format for Course Report Term: ___________ Course Code: _______________ Course Title: ____________________________ Name of Instructor: __________________________________________ Bio-metric ID: _____________ (To be updated regularly by the instructor and submitted at the end of term to HoD-F through HoD-S) Lectures 18 S.No. Innovation introduced [New pedagogy, new demonstration, case study, teaching aid, etc. NOT part of the Instruction plan Topic and lecture number where introduced General Comments of the lab Instructor about the suitability of IP or new pedagogy attempted in labs: Syllabus Coverage Report Syllabus coverage by one week before MTE Satisfactory/ lagging* by ____ lectures. ________________________________ Syllabus coverage by two week before ETE Signature ofSatisfactory/ Instructor & Date Lagging* by ____ *HoD-S __________________________________ Signature of HoD-S & Date lectures. will submit to HoS a consolidated list of all lagging cases. 19 Gene ral Com ment s of the Instr uctor abou t the suita bility of IP