Strategy Capstone 22-BA-5080 (001): TH 8:00-9:20AM: Lindner 221 Fall Semester 2012-2013 Course Syllabus INSTRUCTOR Jeremy A. Woods PREREQUISITES Senior standing and the completion of all course requirements in the Junior Core. COURSE DESCRIPTION This course is intended to be the culmination of your undergraduate curriculum. As a capstone course, it provides a framework for integrating knowledge from functional foundation courses throughout the undergraduate curriculum. You will be expected to analyze and assess internal operations of a firm and the external and competitive environment of an industry. Students will also be asked to formulate effective competitive strategies for firms under conditions of domestic and international uncertainty. Comprehensive case studies, readings and industry simulations will be used to help the student understand the difficulties and challenges of effectively implementing strategic plans. This course is designed to challenge your analytical and decision-making skills, as well as develop interpersonal skills important to your future success. COURSE MATERIALS Essentials of Strategic Management: The Quest for Competitive Advantage, Third Edition, Gamble and Thompson, 2011, Irwin/McGraw-Hill. Thompson, Stappenbeck, and Reidenbach, GLO-BUS: Developing Winning Competitive Strategies, (register to participate at www.glo-bus.com). To complete registration, you will need (1) a credit card and (2) the company registration code provided by the instructor. ASK INSTRUCTOR FOR REGISTRATION CODE BEFORE SIGNING UP. OFFICE/TEL 516 Lindner / 213-400-0829 / woodsj9@mail.uc.edu OFFICE HOURS Tuesdays 9:30 am – 11:30 am. If you need to see me outside of normal office hours, please feel free to call/email for an individual appointment. ACADEMIC INTEGRITY University rules and regulations will be enforced. See The Student Handbook for further details. If you have any questions, please ask the instructor. - PAGE 1 Course Objectives: 1. To develop a managerial point of view - a capacity for analyzing and solving problems from a broad business and company-wide perspective. 2. To integrate the knowledge learned in functionally oriented classes in solving complex business problems. 3. To practice distinguishing between basic causes of business problems and attendant symptoms. 4. To develop habits of orderly, analytical thinking and skill in reporting conclusions effectively in both written and oral forms. 5. To practice organizing and conducting tasks within a group setting. GRADE EVALUATION: Individual – Case Analysis Paper Individual – Quizzes Individual – Class Participation Individual – Glo-Bus Quiz Team – Case Analysis Paper Team – Case Presentation Team – Glo-Bus Presentation Team – Glo-Bus Performance (Rank) Team – Glo-Bus Performance (Strategic Plan) 200 points 150 points 150 points 10 points 200 points 100 points 100 points 50 points 40 points Total 1000 points Grading Scale: Points 930+ 929 - 900 899 - 870 830 - 869 800 - 829 799 - 770 730 – 769 700 - 729 699 - 669 630 - 670 <629 Grade A AB+ B BC+ C CD+ D F Description Excellent Good Satisfactory Poor Fail - PAGE 2 Teams Teams should be formed the first week of classes, and each team will be expected to complete a number of assignments during the quarter. There should be 4-5 individuals per team. You may choose your own teams, subject to the approval of the instructor. If you have difficulty finding a team, please contact the instructor. Teams are expected to be self-directed and selfmanaged. If your team is experiencing problems, please see the instructor as soon as possible for assistance in resolving them. Each team member will have the opportunity to evaluate team member participation at the end of the term and these evaluations will be factored into each individual’s participation grade for the course. If you do not participate with your team on the simulation, case paper, and presentation, you will not pass this class. Quizzes To encourage you to review the assigned readings, you will be required to fill out an online quiz before we discuss each section of the text in class. Class Participation Your participation grade will be a function of two inputs. First, you can’t participate if you are not present. Therefore, attendance will be taken every class period via a sign-up sheet. Make sure you sign this sheet every class period. Second, you must come prepared to discuss assigned readings and cases. Students are expected to regularly volunteer comments relating to the assigned readings and cases. You may also be called upon at random to discuss assigned readings and cases. Because of the size of the class, I will not attempt to grade your verbal participation during the class, as this detracts from the discussion. Therefore, at the end of the quarter, each person will have the opportunity to submit a self-assessment of their verbal participation during class. This self assessment should include any information that substantiates your contributions. As a hint, you might find it useful to maintain a personal log of your class comments to document your self-evaluation assessment. Individual Case Analyses Each person is required to prepare a case analysis. The case will have a list of assignment questions specific to the case issues. Each case question will have specific grading criteria and a minimum and maximum word count. These are individual assignments so you should not discuss the cases, your analyses or your write-ups with anyone else nor may you use content prepared by others. Team Assignments Each team will be expected to make weekly input decisions for the Glo-Bus business simulation and prepare a presentation of your team’s performance at the end of the Glo-Bus simulation exercise. The initial decisions will be more time consuming as your team learns the mechanics of the simulation, but it will become easier as the quarter progresses. The simulation offers an opportunity for students to practice formulating and implementing various strategies in a dynamic and competitive international market. - PAGE 3 In addition, each team is required to prepare a case analysis. The case will have a list of assignment questions specific to the case issues. Each case question will have specific grading criteria and a minimum and maximum word count. Finally, each team will be required to prepare an in-class case presentation for each of the cases discussed during the quarter. After the presentation, the group will be responsible for leading discussion of the case. Administrative Policies/Course Methodology A. Topics discussed in this class will be covered through a combination of lectures, case studies, and group discussions. A case course accomplishes its objectives only when students prepare and become involved in the activities of the entire class. B. I understand that other demands such as interviewing and illnesses may require you to miss some class time. I strongly advise you to think about the cost of absences to your grade when making decisions about whether you need to miss sessions of this class. Attendance impacts your participation grade, and I reserve the right to drop anyone with excessive absences from the class. C. It is your responsibility to let me know in advance via email if you're planning to miss a class. If you do miss a class, it is your responsibility to provide me with documentation of your reason for missing class. D. Some assignments will be done in a group setting and must be completed in part outside of class. If you cannot find a way to meet and cooperate outside of class with your group, you should not take this class. J. Any changes to this syllabus, due dates, course requirements or grading requirements will be made as far in advance as possible. All students will be held responsible for completion of all course components. Note on Class Participation Many managers, particularly general managers, spend only a small portion of their time reading and writing reports. The vast majority of their interactions are verbal. For this reason, considerable emphasis in this class is devoted toward development of verbal skills. The classroom should be considered a laboratory in which you can test your ability to convince your peers of your solution to a problem and your ability to achieve the desired results. Some of the things that contribute to effective class participation are: 1. Is the participant a good listener? 2. Are the points made relevant to the discussion? Are they linked to the comments of others? 3. Do comments show evidence of analysis of the case or comprehension of the assigned reading? 4. Does the participant base their comments on concrete data and apply the analysis techniques which we are studying in class? Students sometimes complain at the end of the term that they had their hands raised and were not called upon frequently enough during the term. If you think this is happening to you, it is your responsibility to let me know as early as possible in the term so that I can focus more attention on you. - PAGE 4 Detailed Course Grade Calculations 22-BA-5080-001 Fall Semester, 2012 Instructor: Jeremy A. Woods INDIDIVUAL ELEMENTS: 51% OF YOUR OVERALL GRADE Ongoing 08/28/2012 through 12/06/2012 in class – Individual – Class Participation (15%) o Divide number of sessions attended (or approved excuse) by total number of sessions, multiply by 150 points. o Adjust upwards based on individual participation & extra credit (can go over 150 points) or downwards based on group team member assessments. Due 09/11/2012, 11:59pm – Individual – Glo-Bus Quiz (1%) o 20 questions, 60 minutes to complete. Complete on Glo-Bus Website. o Multiply quiz score by 10 points. Due 10/11/2012, 11:59pm – Individual – Chapter Review Quizzes (15%) o 15 questions each, 40 minutes to complete. Use Firefox browser. If you have any technical problems, call the blackboard help line (513-556-1602). o Eight quizzes (chapters 1, 2, 3, 4, 5, 7, 9, and 10). Drop lowest five scores, average highest three scores, multiply by 150 points. Due 10/30/2012, 11:59pm – Individual – Case Analysis Paper (20%) o Netflix & Redbox cases (pp. 277-303 of textbook). o 1,000 word or less written analysis. Graded based on: Clarity/readability of writing. Focus/strength of argument. o Application of tools from strategic toolbox. Fill out toolbox tools based on information from the cases in the book, augmented with information from the B&E library. Graded based on: Accuracy. Detail. - PAGE 5 TEAM ELEMENTS: 49% OF YOUR OVERALL GRADE Ongoing 09/11/2012 through 11/27/2012 – Team – Glo-Bus Performance (Rank) (5%) o Divide final standing in game into A/B/C categories (95%/85%/75%), multiply by 50 points. 100% possible for outstanding performance. Due 10/18/2012 through 11/29/2012 Thursdays in class (see emails I sent to teams with case/date assignments) – Team – Case Presentation (10%) o Each team will be assigned to one of the cases which we discuss in class. Graded based on: Public speaking ability (each group member must have a meaningful speaking role). Accuracy of analysis (email me your PPT (or alternate software) presentation). Due 11/13/2012 11:59pm – Team – Glo-Bus Performance (Strategic Plan) (4%) o Divide strategic plan scores into A/B/C categories (95%/85%/75%), multiply by 40 points. 100% possible for outstanding performance. Due 12/04/2012 & 12/06/2012 in class – Team – Glo-Bus Presentation (10%) o In-class presentation of what your team did well and what you could have improved upon. Graded based on: Demonstrated understanding of competitive cause/effect relationships of game inputs. Public speaking ability (each group member must have a meaningful speaking role). Due 12/06/2012 11:59pm – Team – Case Analysis Paper (20%) o “REAL WORLD” case – Utilize UC Business & Economics Library resources to analyze the competitive situations of Procter & Gamble vs. Colgate-Palmolive. o 1,000 word or less written analysis. Graded based on: Clarity/readability of writing. Focus/strength of argument. o Application of tools from strategic toolbox. Fill out toolbox tools based on information from the B&E library (i.e., NO CASE TO READ IN THE BOOK). Graded based on: Accuracy. Detail. - PAGE 6