SULEMAN DAWOOD SCHOOL OF BUSINESS MBA PROGRAMME CLASS OF 2016 AUDITORIUM A-203 SEMESTER III 2015-16 (SIIIA) Assignments for the week of September 07 to September 11, 2015 *************************************************************************** MONDAY, SEPTEMBER 07 0830 - 1130 (Double Session) NEGOTIATION SKILLS GHUFRAN AHMAD Topic: Integrative Negotiation Learning Objectives: 1. 2. How to create and claim value in negotiation Understand the difference between interest-based and positionbased negotiation strategies and how to use suitable strategies in appropriate contexts Exercise: To be provided in class. Read: Win-Win Negotiation: Expanding the Pie (Pgs. 24) 1130 - 1230 Break 1230 - 1400 MANAGEMENT OF FINANCIAL INSTITUTIONS SAMIR AHMED Topic: Financial Regulation Learning Objective: To understand the need for and the significance of Financial Regulation. The changing landscape post 2007-08 financial crisis Case: The Great Recession 2007-2010: Causes and Consequences (Pgs. 11) Assignment: 1. Evaluate the role of unethical decisions in causing the financial crisis. Do you agree with Jeffrey Immelts’s comments that “the richest people made the most mistakes with the least accountability”? Can ethics be enhanced through regulations? 1 2. Should financial institutions be prevented from becoming too big to fail? What criteria should be followed in making such judgments? 3. What should be done about capital requirements? 4. Should consumer decisions regarding loans be regulated? 5. Should bankers’ pay be regulated? 6. Design an optimal and feasible plan of regulatory reform and new legislation? Read: The Principles of Regulation (Pgs. 22) 1400 - 1500 Lunch break 1500 - 1630 SUPPLY CHAIN AND RETAIL MANAGEMENT M NAIMAN JALIL Topic: Introduction Case: Procurement at Betapharm Corp. (A) (Pgs. 9) Read: Purchasing Must Become Supply Management (Pgs. 12) 1630 - 1715 Break 1715 - 1845 SALES FORCE MANAGEMENT M LUQMAN AWAN Topic: Selling and Sales Force Management Fundamentals Learning Objectives: 1. 2. Sales Strategy Framework Sale Management Case: Telenor Pakistan Selling Mobile Accounts (Pgs. 24) Assignment: 1. What are the differences between Over the Counter (OTC) & Mobile Accounts (MA)? Why MA’s are important for TP in changing business environment? 2. Elaborate current Sales approach of Telenor Pakistan, what is changing in environment? 2 3. Why Territory sales supervisors are not successful in selling Mobile Accounts specifically? Will you label them as hunters or farmers? 4. How important is the role of Retailers in TP Go to market strategy, what are different approaches TP is using to retain them. Why retailers are not successful in selling Mobile accounts? 5. Why and how TP launched MASO’s? 6. Discuss pros and cons of proposed options for MASO’s future. Read: The Ultimately Accountable Job: Leading Today’s Sales Organisation (Pgs. 9) TUESDAY, SEPTEMBER 08 0830 - 1000 CONSUMER BEHAVIOR AND MARKET RESEARCH FARRAH ARIF Topic: Segmentation and Positioning II Learning Objectives: Understand the use of conjoint analysis for how marketers create value by identifying valued customers and developing value propositions Read: 1. 2. Rediscovering Market Segmentation (Pgs. 13) A Note on Conjoint Analysis (Collect from Dr Farrah’s Administrative Assistant between 3:00 to 4:00 pm on September 4, 2015) 1000 - 1030 Tea break 1030 - 1200 OPERATIONS STRATEGY HASSAN RAUF Topic: Linking Operations Strategy with Business Strategy and other Functional Areas Learning Objective: 1. 2. We will explore how operations strategy is linked with other functional areas We will explore how various functional strategies are aligned with business strategy through the use of balanced scorecard 3 Case: Volkswagen do Brasil: Driving Strategy with the Balanced Scorecard (Pgs. 24) Assignment: 1. What challenges does Thomas Schmall face upon becoming CEO of Volkswagen do Brasil (VWB)? 2. Describe VWB’s new strategy? 3. How does the strategy map (Exhibit 4) and Balanced Scorecard (Exhibit 5) help Schmall and Senn implement the new strategy? What are the strengths and weaknesses of the scorecard and its implementation? 4. How can Schmall and his team use the scorecard to deal with the challenges faced by the company in January 2009? Read: Strategy Maps (Pgs. 35) 1200 - 1230 Break 1230 - 1400 ORGANISATIONAL POWER AND POLITICS MOHSIN BASHIR Topics: 1. 2. Understanding Organisational Environment and its Impact on Organisational Politics Understanding The Role of Organisational Culture as a Source of Power Learning Objective: Understanding resource dependency, difference between tangible and symbolic resources, and the role of organizational environment in politics Read: 1. 2. Pfeffer Ch. 5 (Pgs. 28) Pfeffer Ch. 15 (Pgs. 20) Assignment: 1. What is the difference between resources and symbols? 2. How does resource dependency result in a power differential between people in an organisation? 4 1400 - 1500 Lunch break 1500 - 1630 INVESTMENTS FAZAL JAWAD SEYYED Topic: Equity Market Indexes and Asset Management Companies (Mutual Funds) Learning Objective: 1. 2. Understand the various security market indexes - their uses and construction methodologies Understand and evaluate the benefits of investing through collective investment schemes Case: Excel Fund Management: Euroland Equity Fund (Pgs. 19) Assignment: 1. Which benchmark is most appropriate to measure the performance of the Excel Euroland Equity Fund? 2. Comment on the pros and cons of active versus passive investing for the fund. 3. Comment on the appropriateness of hedging currency movements. What would be the impact of 5% devaluation of the euro versus the Canadian dollar based on hedging with futures? 4. What factors should Asdhir consider when selecting a fund manager? 5. From the marketing perspective, describe the key success factors for launching the fund. How much money under management will be required to break even? 6. What recommendation would you make to Asdhir regarding the potential launch of the fund? Read: RB Chapters 5 and 24 1630 - 1715 Break 1715 - 1845 CORPORATE GOVERNANCE KHALID MIRZA Topic: Governance Failure (I) 5 Learning Objective: To appreciate how governance failures can be precipitated by fault lines in related party transactions, accounting and internal controls Read: 1. 2. The Fall of Enron (Pgs. 22) What Happened at Enron? (Pgs. 22) WEDNESDAY, SEPTEMBER 09 0830 - 1000 CORPORATE GOVERNANCE KHALID MIRZA Topic: Governance Failure (II) Learning Objective: To clearly comprehend how the corporate leadership’s ethical infirmities can debilitate the corporate by sliding down to illicit activities, including collusion in financial fraud Read: Procomp Informatic: Stepping on Ethical Landmines in Asia (Pgs. 16) 1000 - 1230 Break 1230 - 1400 MANAGEMENT OF FINANCIAL INSTITUTIONS SAMIR AHMED Topic: Global Commercial Banking Learning Objective: To understand the structure and role of banks globally Case: Building a Wholesale Banking Capability (Pgs. 24) Assignment: 1. Given its powerful global commercial banking franchise, why does HSBC want to become a major force in global wholesale and investment banking as well? 2. What are the main risks to HSBC shareholders in creating a global investment banking business? 3. Why has HSBC failed in its initiative so far despite a global banking platform that is second to none? 6 4. With respect to its investment banking ambitions, what do you suggest HSBC should do next? Read: Note on the Banking Industry (Pgs. 16) 1400 - 1500 Lunch break 1500 - 1630 SUPPLY CHAIN AND RETAIL MANAGEMENT M NAIMAN JALIL Topic: Introduction Case: MTL: Has The Time Come to Say Goodbye to MF? (Pgs. 25) Read: Building Deep Supplier Relationships (Pgs. 12) 1630 - 1715 Break 1715 - 1845 SALES FORCE MANAGEMENT M LUQMAN AWAN Topic: Sales Design Consideration Learning Objectives: 1. 2. 3. 4. Typical day in life of Sales manager Challenges involve in the role of Sales manager Territory & quota design Size of the sales force Case: NetApp: The Day to Day of a District Manager (Pgs. 24) Assignment: 1. As Jim, which representatives in your district would you retain, and which would you fire if you had to decide in February of 2002? Why? 2. In Q1 / 03, Jim’s district was expected to yield in a 30% annual growth, with the same or less resources. As Jim, what would be your next steps in negotiating with your RD and with your representatives? Be prepared to describe a specific 3-point action plan, and to role-play. 3. In Jim’s place, what would you have done about a contributor you considered to be “marginal” such as John Parker? Would you try to reallocate quota/regions to best use him or terminate him and risk not finding another rep to replace him? 7 4. What would you have done about Eric van Stone? Please explain. 5. As Jim, what would you do, if anything, to improve your relationship with your RD Alice Minnelli? Please explain. 6. As Jim, given his busy schedule and high pressure to perform in fiscal year 2003, how would you allocate the hours in your average day among the many possible activities that could consume your time (recruiting, supporting reps, monitoring sales, going on sales calls, managing upward and lateral relationships, etc.)? Read: 1. 2. Sales Learning Curve (Pgs. 12) Deployment, Focus, and Measuring Effectiveness (Pgs. 6) THURSDAY, SEPTEMBER 10 0830 - 1000 CONSUMER BEHAVIOR AND MARKET RESEARCH FARRAH ARIF Topic: Segmentation and Positioning with Conjoint Analysis Learning Objective: Demonstrate the use of conjoint analysis for how marketers create value by identifying valued customers and developing value propositions Quiz2: based on the reading Note: Research Idea Submission a. Group Members b. Problem Statement c. Client info, if any Case: Haroon’s – The Gift Shop (Will be distributed after the Tuesday, September 8, 2015 session) Assignment: 1. Reproduce the Exhibits given in the case. 2. Should Haroon focus on a particular segment? Why? Why not? 3. What should Haroon’s management do to improve its existing assortments and increase profitability? Read: A Note on Conjoint Analysis (Review) 1000 - 1030 Tea break 8 1030 - 1200 OPERATIONS STRATEGY HASSAN RAUF Topic: Vertical Integration and Outsourcing Learning Objective: The sessions will be focused on developing an understanding the conditions under which an organisation should decide to vertically integrate as opposed to outsource Case: Strategic Outsourcing at Bharti Airtel Ltd. (Pgs. 21) Assignment: 1. What must Bharti do well to succeed in the Indian mobile phone market? What are Bharti's core competencies? 2. Do you think Bharti should enter the outsourcing agreements outlined by Gupta? What do you see as advantages and disadvantages of such agreements? How do the different outsourcing agreements work towards building these core competencies? 3. If you were Bharti, what major concerns would you have about entering an outsourcing agreement with IBM? With Ericsson, Nokia, or Siemens? 4. How would you structure the agreements to address your concerns and capture any advantages you have identified? What governance mechanisms would you design for the agreements? 5. Assume the role of IBM or Nokia. What major concerns would you have about entering an agreement with Bharti? How would you structure the agreement and the governance mechanisms? Read: 1. 2. When and When Not to Vertically Integrate (Pgs. 15) Strategic Outsourcing (Pgs. 15) 1200 - 1230 Break 1230 - 1400 ORGANISATIONAL POWER AND POLITICS MOHSIN BASHIR Topic: Applying Resource Dependency to Organisational Politics Learning Objective: Understanding resource dependency, difference between tangible and symbolic resources, and the role of organisational environment in politics 9 Case: Gary Loveman and Harrah’s Entertainment (Pgs. 19) Assignment: 1. What were Gary Loveman’s sources of power? 2. Do you see any significant similarities or differences between Gary Loveman’s and Zia Yusuf's strategies? Read: Pfeffer Ch 6 (Pgs. 15) 1400 - 1500 Lunch break 1500 - 1630 INVESTMENTS FAZAL JAWAD SEYYED Topic: Asset Allocation for Institutional Investors Learning Objectives: Evaluate the asset allocation decisions of individuals and institutional investors Case: Harvard Management Company (2010) (Pgs. 23) Assignment: 1. What is an appropriate risk profile for an endowment? What are typical outside constraints on Endowments? 2. How does compensation of fund managers affect the portfolio strategy? What are your suggestions regarding compensation of managers of the Harvard Endowment Fund? 3. What is the difference between a strategic versus a tactical allocation? How frequently should each be adjusted? Comment on a long-term performance target allocation like 60/40. 4. What are the advantages and drawbacks of using an optimised in asset allocation decisions? What type of constraints should be used to include or exclude or limit allocation to an asset class? 5. What is the risk-return profile and merits of some of the long-short strategies? Read: RB Chapter 2 FRIDAY, SEPTEMBER 11 0830 - 1845 MBA PROJECT HASSAN RAUF Work on MBA Project 10