MGMT 409 Global Strategic Management Distance Education Course Syllabus: Summer 2013 INSTRUCTOR INFORMATION Instructor: Dr. Jim Mueller Email: muellerj@cofc.edu Virtual Office Hours: daily email communication as required COURSE INFORMATION Class meetings: Distance Education: No class meetings Course description (adapted for distance education): In this course students will learn about competing in the global economy. Students will be required to manage a global manufacturing enterprise in a computer-based on-line simulation designed to integrate the core business disciplines of management, marketing, operations & logistics, accounting, finance, and economics. Students will also be required to complete a three-year strategic plan, create a global strategy presentation, and write an annual report based on their company’s performance in the simulation. Simulation activities are supplemented by a series of on-line strategic management textbook-based assignments. Prerequisites: ACCT 203, ACCT 204, DSCI 232, DSCI 314, ECON 200, ECON 201, FINC 303, MGMT 301, MKTG 302, MKTG 326, MATH 104 and MATH 105; senior standing. Required Course Materials: The required textbook for this course comes bundled with a required business simulation. Each student is required to purchase on-line access to the computer simulation on the first day of class. Detailed registration instructions are provided at the end of this syllabus. Textbook: Strategy: Core Concepts and Analytical Approaches (electronic version bundled with simulation) Simulation: The Business Strategy Game (electronic version bundled with textbook) http://www.bsg-online.com BUSINESS SCHOOL OBJECTIVES All of the following business school goals are addressed by this course: COMMUNICATION SKILLS: Students will demonstrate the ability, via both written and spoken word, to effectively present, critique, and defend ideas in a cogent, persuasive manner. QUANTITATIVE FLUENCY: Students will demonstrate competency in logical reasoning and data analysis skills. GLOBAL AND CIVIC RESPONSIBILITY: Students will be able to identify and define social, ethical, environmental and economic challenges at local, national and international levels. Students will also be able to integrate knowledge and skills in addressing these issues. INTELLECTUAL INNOVATION AND CREATIVITY: Students will be able to demonstrate their resourcefulness and originality in addressing extemporaneous problems. SYNTHESIS: Students will demonstrate the ability to integrate knowledge from multiple disciplines incorporating learning from both classroom and non-classroom settings in the completion of complex and comprehensive tasks. COURSE OBJECTIVES (1) to demonstrate the important role that strategic management plays in a business's success in the global environment; (2) to provide an integrative medium in which the student must apply skills learned in the business curriculum in the analysis of industries, firms, and the global environment in which they operate; (3) to provide the opportunity to further develop the student's problem solving, decision making, and communication abilities; (4) to emphasize the importance of incorporating the issues of ethics, diversity, and quality into strategic management decisions. COURSE POLICIES AND PROCEDURES Communications Protocol. Electronic communications will be used extensively in this course. The three main methods of communication in this course are: the OAKS course website, the BSG simulation website, and email. OAKS course Website: The main elements used on OAKS will be NEWS, CONTENT, DISCUSSION, and the DROPBOX. NEWS (located on course homepage) : is used to communicate any changes and updates for the course. It is important that you check this page daily. CONTENT: is used to post assignment guidelines, miscellaneous notes, readings, etc. that are not included in the simulation website. DISCUSSION: is for you to post questions/comments that you want other students to view. You will also be required to post your global strategy presentations here so that others can comment on it. The instructor will also post several discussion topics during the course that you are required to comment on. DROPBOX: is used to submit assignments that are not submitted elsewhere. Pay close attention to the submission deadlines. BSG simulation Website: The BSG simulation website contains several methods for communication as well: there is email capability, chat, and instant messaging. The website also links to the main components of the course: the BSG simulation screens, the textbook, the textbook quizzes, textbook powerpoint slides, BSG quizzes, and the 3-year plan. There are also links to instructional videos (how to play the game) that you will need to view since there are no face-to-face lectures in the course. Email communication: You will need to use your college gmail account for all official communication with the instructor. I will not reply to any other email communications. When you register for the game, please use the college email address as well. The game website will send you automated messages (reminders and results) using my signature. Late submissions and missed exams, coursework and quizzes Because this is an on-line course, it is imperative that you pay close attention to the due dates for all course components—there is no way for the instructor to remind you face-to-face. Penalty for late submission of any coursework is an automatic F on that piece of coursework. Honor Code. The College Honor Code is in force for all aspects of this course. Please read the CofC policy (at the bottom of the syllabus). DESCRIPTION OF COURSE CONTENT Textbook Quizzes: You are required to take 9 on-line quizzes based on chapters 1-9 of the textbook. Each quiz is timed (2 hours) and you will have 2 attempts at each quiz-- your score is calculated by taking the average of the number of attempts. The quizzes are open-book and will require that you search the textbook for the correct answers, as the questions are quite detailed. Quizzes are due by 11:00 p.m. on Mondays and Fridays of the term, but they are available as soon as you purchase the text/simulation, so you can work ahead and get them finished early (highly recommended!). Business Strategy Game Simulation (BSG): The main component of the course is the BSG simulation. In this “game” you will be required to make a series of business decisions related to the management of a global athletic footwear company. Your grade for the simulation is scored by the computer, based on how well you perform against your classmates, and how well you meet investors’ expectations. During the first week of class you will be making two sets of practice decisions on your own so you can learn how to navigate the website and how to make decisions. After the practice rounds are finished, the game is reset to the beginning, and you will have 9 sets of decisions to make (due on Tuesday and Thursday nights at 11:00 p.m.). Business Strategy Game Quizzes: You are required to complete two quizzes based on the Business Strategy Game Player’s manual and decision screens. These are available on the dates indicated on the simulation website, and also in the course schedule (at the end of the syllabus). These are also open book, and you will need a calculator to take them. You only have one attempt at these quizzes, so you should look at the sample questions on the simulation website before attempting the quizzes. Three Year Plan: In year 17 of the simulation (seventh decision) you are required to submit a 3-year plan for your company via the BSG website. The computer will grade your plan on the degree of forecasting accuracy achieved by your team. Global Strategy Presentation (on-line): Since the computer simulation is primarily a number-crunching exercise, you have the opportunity to demonstrate your creative abilities by completing an on-line global strategy presentation. You will upload your presentation to the OAKS discussion board so that your classmates can view/comment on them. Your peers will also provide a grade on your presentation, the results of which will be used to reward your company with a cash award bonus in the simulation. Please see the assignment guidelines at the end of the syllabus for details . Examples of past students' presentations will also be posted on OAKS. Annual Report: At the end of the simulation you are required to submit an annual report using (modified) SEC reporting requirements (the form 10-K) based on your company’s performance in the simulation. You will be required to submit this electronically to the drop box on OAKS. I will then submit them to turnitin.com for an originality analysis to check for plagiarized content. Examples of past students' annual reports will be posted on OAKS. Global Strategy Case Analysis: A global strategy case (Tata Motors) is included with the textbook. You are required to read this case and conduct a global strategy analysis. To guide you through this analysis, you will be required to answer a series of case-related questions and submit your responses to the OAKS dropbox. OAKS Discussion Participation: Since there is no classroom interaction, I will post several discussion forums rduring the course. You will be assessed on your contribution to these forums. Course Component On-line Textbook Quizzes On-line Business Strategy Game (BSG) performance, quizzes, and 3-year plan OAKS Discussion Participation Global Strategy Presentation Annual Report of BSG company operations Global Strategy Case Analysis (Tata Motors) Total: Weight 20% 30% 10% 10% 15% 15% 100% GRADING SCALE Score (%) 93.0 - 100 89.7 – 92.9 86.3 – 89.6 83.0 – 86.2 79.7 – 82.9 76.4 – 79.6 73.0 – 76.3 69.7 – 72.9 66.4 – 69.6 63.0 – 66.3 59.7 – 62.9 Below 59.7 Letter Grade A AB+ B BC+ C CD+ D DF Quality Points 4.00 3.70 3.30 3.00 2.70 2.30 2.00 1.70 1.30 1.00 .70 0.00 College Catalog Description Superior Very Good Good Fair Acceptable Barely acceptable, passing Failure College of Charleston Honor Code and Academic Integrity Lying, cheating, attempted cheating, and plagiarism are violations of our Honor Code that, when identified, are investigated. Each incident will be examined to determine the degree of deception involved. Incidents where the instructor determines the student’s actions are clearly related more to a misunderstanding will be handled by the instructor. A written intervention designed to help prevent the student from repeating the error will be given to the student. The intervention, submitted by form and signed by both the instructor and the student, will be forwarded to the Dean of Students and placed in the student’s file. Cases of suspected academic dishonesty will be reported directly by the instructor and/or others having knowledge of the incident to the Dean of Students. A student found responsible by the Honor Board for academic dishonesty will receive a XF in the course, indicating failure of the course due to academic dishonesty. This grade will appear on the student’s transcript for two years after which the student may petition for the X to be expunged. The student may also be placed on disciplinary probation, suspended (temporary removal) or expelled (permanent removal) from the College by the Honor Board. Students should be aware that unauthorized collaboration--working together without permission-- is a form of cheating. Unless the instructor specifies that students can work together on an assignment, quiz and/or test, no collaboration during the completion of the assignment is permitted. Other forms of cheating include possessing or using an unauthorized study aid (which could include accessing information stored on a cell phone), copying from others’ exams, fabricating data, and giving unauthorized assistance. Research conducted and/or papers written for other classes cannot be used in whole or in part for any assignment in this class without obtaining prior permission from the instructor. Students can find the complete Honor Code and all related processes in the Student Handbook at http://www.cofc.edu/studentaffairs/general_info/studenthandbook.html. COURSE SCHEDULE Business Strategy Game (BSG) decisions are due on Tuesdays and Thursdays. Textbook chapter quizzes are due on Mondays and Fridays Major Assignments are due on Wednesdays. ALL Decisions, Quizzes and Assignments are due by 11:00 p.m. on the due date. MONDAY TUESDAY WEDNESDAY THURSDAY May 15 (1) Read Syllabus. (2) View the following video tutorials: Read pages 14-21 of BSG Players Guide & view video tutorials: Account Registration Corporate Citizenship Corporate Lobby Tour Sales Forecast Decisions/Reports Program Overview Plant Capacity Capacity Purchases Collaboration/Audio Mode Demo (3) Purchase Text and Register for BSG by 11:00 p.m. See registration instructions below. Capacity Construction/Additions If you have questions, email instructor between 6:00- 9:00 p.m. Read pp 30-34 of BSG Players Guide. View the following video tutorials on the Footwear Industry Report: Page 1 (scoreboard) Page 2 (EPS, ROE, stock price) Page 3 (credit rating, image rating, CSRC) Page 3b (bonus point awards) Work on practice round 1 decisions BSG practice round 1 decisions due 11:00 p.m. (individual decisions) Publish a personal profile photo on OAKS class list. Then post a short introductory paragraph about yourself on the OAKS discussion board. May 22 View the following video tutorials on the Footwear Industry Report: Page 4 (industry overview / plant capacity) Page 5 (financial performance summary) Page 6 (performance benchmarks) Page 7 (celebrity endorsements / graphs) Work on practice round 2 decisions Textbook Chapter 1 Quiz due Read pages 22-29 of BSG Players Guide & view video tutorials: Branded Production Branded Distribution Internet Marketing Wholesale Marketing Bids for Celebrity Endorsements Finance and Cash Flow If you have questions, email instructor between 6:00- 9:00 p.m. If you have questions, email instructor between 6:00- 9:00 p.m. May21 May 17 Private-Label Operations (4) Read pages 1-13 of BSG Players Guide May 20 Textbook Chapter 2 quiz due FRIDAY May 16 May 23 . BSG practice round 2 decisions due 11:00 p.m. (individual decisions) May 24 Textbook Chapter 3 quiz due BSG game data will be reset to beginning on Saturday, May 25th at midnight. May 27 Textbook Chapter 4 quiz due June 3 Textbook Chapter 6 quiz due May 28 START BSG GAME for GRADE decision 11 due June 4 BSG decision 13 due May 29 BSG QUIZ 1 DUE (on BSG website) June 5 Read Case: Tata Motors: Can it become a global contender in the automotive industry? May 30 BSG decision 12 due June 6 BSG decision 14 due May31 Textbook Chapter 5 quiz due June 7 Textbook Chapter 7 quiz due Complete Tata Case Assignment questions 1, 2 and 5 and submit them to the dropbox on OAKS June 10 Textbook Chapter 8 quiz due June 17 Comments on Global Strategy Presentations Due (Post to OAKS discussion Board) June 24 Complete Tata Case Assignment questions 4, 8, and 9 and submit them to the dropbox on OAKS June 11 BSG decision 15 due June 18 3-YEAR PLAN DUE (BSG WEBSITE) June 12 GLOBAL STRATEGY PRESENTATIONS DUE (Post them on the OAKS Discussion Board so others can view them and comment on them. ) June 19 BSG QUIZ 2 DUE June 13 BSG decision 16 due June 20 BSG decision 18 due (on BSG website) BSG decision 17 due June 25 BSG decision 19 due June 26 Annual reports due in pdf format--submit to dropbox on OAKS June 27 June 14 Textbook Chapter 9 quiz due June 21 Complete Tata Case Assignment questions 3, 6, and 7 and submit them to the dropbox on OAKS Instructions for Purchase of Textbook and Registration for Business Strategy Game BSG Premium Registration Procedure — Industry 12 It is important that each student register for a BSG Premium account. Only registered students have online access to BSG Premium course materials; the ability to take the online chapter-end quizzes, online exams prepared by your instructor, and BSG quizzes 1 and 2 To register: (1)If you need a guided tutorial on how to register, please view the Account Registration video tutorial for help. (2) Launch your web browser and go to http://www.bsg-online.com/. (3) Click the Students button at the top-left. (4) Enter your Company Registration Code (see table below). Make sure that you enter the Registration code for the team that you have been assigned. The company registration codes are: Initial Team Assignment Team Team Team Team Team A B C D E Student Name Jessica Bernacchi Emily Smith William Winston Dummy Company Eliminated Company Registration Code 34610-JMR-A 34610-JMR-B 34610-JMR-C 34610-JMR-D 34610-JMR-E NOTE: If your name does not appear in this table, then please email instructor immediately. (5) Complete the brief registration form and click the Continue button at the bottom of the form. (6) Then click the Credit/Debit Card Registration button on the next page. The registration fee is $104.50 for each team member. Have a credit/debit card ready. Payment may be made using Visa, MasterCard, Discover, or American Express. Should you not have a credit card, the easiest alternative is to use a teammate or friend's credit card to pay your registration fee and then reimburse him or her by cash or check. (7) Following registration, you will be directed to your Corporate Lobby page where you instantly have full access to all BSG Premium materials and can view/print the text chapters, the chapter-end exercises, the Player's Guide for The Business Strategy Game, and browse through all the course materials and assignments. You should spend 15-20 minutes familiarizing yourself with the menus, links, and information appearing on your Corporate Lobby page. (8) At your earliest convenience, you should decide on a company name and enter it using the link at the top of your Corporate Lobby page. INTB 409-DE Global Strategy On-line Presentation Guidelines You are to create an on-line presentation to describe your firm’s unique global brand image and other creative elements of its global strategy. The guidelines for this presentation are not rigid--the main emphasis should be on exhibiting your own CREATIVE abilities in illustrating. There are several examples of previous strategy presentations posted under the CONTENT section of OAKS. Here are some examples of components that previous presentations have included (these are NOT requirements, nor is the list all-inclusive): Company Logo Company Slogan Mission Statement Print advertisements Story board for TV ads Product brand names (if different from company name) Product descriptions/designs Global standardization vs. multi-domestic approaches to strategy Foreign language ads and brand names Global Human resource strategy Global Sourcing strategy Global Environmental strategy TV ads (students have actually filmed them). Company Website Format of Presentation Since there will not be an actual in-class delivery, all of your effort will go into the design of an effective multi-media presentation. Although most students use powerpoint, you may use any presentation format as long as everyone else in the class can gain access to it when you post it to the OAKS discussion board. (e.g., a link to prezi presentation, YouTube video, or external website is perfectly acceptable). Grading of on-line presentation There are three main components of your grade: creativity, effectiveness, and effort. After all presentations are posted, everyone in the class must view the presentation and provide feedback via OAKS on the creativity, effectiveness, and effort of that presentation. The best presentation (as determined by the class) will receive a cash award bonus on the simulation. Due Date for posting presentation All presentations must be posted to the OAKS discussion board no later than 11:00 p.m. on Wednesday June 12th. Due Date for comments on presentation All class members must post their comments on every presentation no later than 11:00 p.m. on Monday, June 17th. INTB 409-DE Global Strategic Management Annual Report Guidelines You are required to submit an annual report of your company’s operations, following the SEC’s form 10-k reporting guidelines (modified for this course). While you may include as much “glossy fluff” that you want for extra credit, you MUST have the following sections: Chairman’s letter, PLUS the following components of the 10-k report: Description of Business Risk Factors Properties Market for Registrant’s Common Equity and Related Stockholder Matters Selected Financial Data Management’s Discussion and Analysis of Financial Condition and Results of Operations Please look at Nike’s annual report (or any other publicly traded enterprise with a form 10-K filing) for an example of the above components. I have also posted a student-created sample annual report on OAKS for you to look at as well. If you have any questions, please ask me. Additional Guidelines: You may use Year 17, 18, or 19 as the basis year for your report. You must include financial data for a 3-year period (e.g. if you choose year 20 as the basis year, then you would also include years 18 and 19 in your financial trend analysis.) Due Date: Report must be submitted in PDF format to the OAKS dropbox by 11:00 p.m. on Wed. June 26.