BISHOP’S UNIVERSITY WILLIAMS SCHOOL OF BUSINESS AND ECONOMICS BMG 311B BUSINESS POLICY AND STRATEGIC MANAGEMENT Dr. James L. Bowey Fall 2004 GENERAL OBJECTIVES: The objective of this course is to introduce students who have completed all their core courses of the BBA programme to the Business Policy and Strategic Management areas. This course uses cases, readings and lectures to provide an awareness of strategy formulation and implementation processes within companies. It reviews the theories and models of strategic analysis and their application in concrete situations. The course will integrate knowledge gained in other areas of the BBA programme. The course also aims to refine analytical skills in complex business situations and to develop both written and verbal presentation skills. SPECIFIC OBJECTIVES: 1. To understand and work with the concepts of corporate strategy formulation and implementation. 2. To understand the role of the General Manager in the development and execution of strategy. 3. To utilize the learning from the functional areas to help develop and execute corporate strategy. 4. To develop the student’s ability to focus on critical issues of the firm and/or entire industries i.e. growth, survival, acquisitions, rationalization. PREREQUISITES: All other core courses in the BBA programme or special permission of the instructor. TEXT: Strategic Analysis and Action; 6th edition, Mary Crossan, Joseph N. Fry and J. Peter Killing Strategic Management: Case Book, 7th edition, Crossan M., Fry J. N., and Killing J. P.. OFFICE HOURS: Hamilton 202 Tuesdays and Thursdays 1:00 – 3:00 p.m. Wednesdays by appointment (or adhoc) STUDENT EVALUATION: The distribution of the course grade will be as follows: Student participation and contribution………………………….. Individual assignment (1 case)………………………………… Group assignment………………………………………………. Mid-term (no supplemental exams)……..………... 30% 15% 35% 20% TOTAL……………………………………………….. 100% COURSE OUTLINE TOPIC/SUBJECT Sept. 9th CASE Course Introduction Sept. 14th Strategy & the General Manager Robin Hood Sept. 16th Introduction to Strategic Management Asiasports: Hockey Night in Hong Kong Sept. 21st Strategy & the Environment Matching Dell Sept. 23rd Strategy & the Environment Matching Dell or Lecture: Frameworks Sept. 28th Strategy & the Environment Lecture: Frameworks Sept. 30th Strategy & the Environment Aikenheads Resources & Value Chain Meubles Canadel 7th Strategy and Resources Starbucks Oct. 14th Strategy and Resources Quebecor Inc. Oct. 19th Strategic Acquisitions Cooper Canada Oct. 21st Strategy and Organization First Bank Direct Oct. 26th Strategy and Organization Eisenhardt Video or Case: TBA Oct. 28th Strategy, Organization & Turnarounds CanBec Shoes Nov. 2nd Guest Speaker WestJet Case/ Air Canada Nov. 4th Strategy and Managerial Preferences The Body Shop International Nov. 9th Midterm Case to be announced Nov. 11th Strategy and Managerial Preferences CompuSound Calling Nov. 16th Video Nov. 18th Group Presentation Meetings Nov. 23rd Implementing Strategy Sabena Belgian World Airlines Nov. 25th Implementing Strategy Silent Witness Ltd. Nov. 30th Presentations Dec. 2nd Presentations Oct. Oct. 5th OTHER INFORMATION: · Attendance is mandatory given the emphasis on classroom participation. · There will be no supplementary exams. Suggested Readings Porter, Michael E., Competitive Strategy: Techniques for Analyzing Industries and Competitors. New York: The Free Press, 1980. McGahan, Anita M., Industry Structure and Competitive Advantage, Harvard Business Review, Vol. 72 (November-December), pp. 115-124. Mintzberg, Henry, The Strategy Concept I: Five Ps for Strategy, California Management Review, Vol. 30 (Fall 1987), pp. 11. Mintzberg, Henry, The Fall and Rise of Strategic Planning Rising, Harvard Business Review, Vol. 72 (January-February 1994), pp. 107-115. Mintzberg, Henry, Crafting Strategy, Harvard Business Review, Vol. 65 (July- August) pp. 66-76. Porter, Michael E., What is Strategy? Harvard Business Review, Vol. 74 (NovemberDecember 1996), pp. 61-78. Porter Michael E., From Competitive Advantage to Corporate Strategy, Harvard Business Review, Vol. 65 (May-June), pp. 43-60. Porter Michael E., How Competitive Forces Shape Strategy, Harvard Business Review, Vol. 57 (March-April 1979), p.137. Collis, David J. and Cynthia A. Montgomery, Creating Corporate Advantage, Harvard Business Review, Vol. 76 (May- June 1998), pp. 78-83. Ghemawat Pankaj, Sustainable Advantage, Harvard Business Review, Vol. 64 (September- October 1986).