Industrial and Systems Engineering Syllabus – ISE 517: The Modern Enterprise System Spring 2010, Monday 6:30pm – 9:10pm Instructor Erich Kreidler Phone 949.278.7001 (appointment required) Office GER 205 E-mail Erich.kreidler@usc.edu Office Hours Monday 4:30pm – 5:30pm or by appointment TA Cenk Karahan Phone TBA Office GER309 E-mail karahan@usc.edu Office Hours TBA Course Description: The lighting-fast advancement in technology has transformed the way our World conducts business in ways that would have been part of science fiction book only a few decades ago. Enterprises are becoming more elaborate, complex and interconnected than ever before. Therefore, only understanding the technical details of a particular system is not enough; in order to be truly effective you must be able to know the business, execute the business and visualize the future of the business. Objectives Set the foundation for engineering students to think beyond the technical aspects of the trade and begin the journey to expand their business acumen, strengthen their execution capabilities as well as place them in the context of the Enterprise of the 21st Century. Provide engineering students with relevant, world-class overview of critical skills required to grow their career Create foundation for beginning to build an executive mind and presence Present and discuss proven frameworks for thriving in small, medium and large enterprises Identify key macro tendencies that will be part of the professional life of professional leaders The course will be divided into three main areas: 1. Building your business acumen. Key topics that will be covered are margins, cash, velocity, growth and customers. 2. Develop execution capabilities. We will explore frameworks for ensuring proper delivery of key initiatives of an enterprise. Main areas covered: i. ii. iii. 3. Building blocks of execution o Leader’s behaviors o Create a framework for cultural change o Having the right people in the right place Three core processes of execution o People process o Strategy process (linking people to operations) o Operations process Process Management and Control Identify and discuss macro-trends, such as innovation, corporate social responsibility, globalization, etc. Syllabus ISE 517 Page 1 of 4 Industrial and Systems Engineering The subject matter will be covered using lectures, but mostly in the context of case studies, class discussions, text reading, individual research as well as through the aid of guest lecturers (industry leaders in each of their areas). This class will be delivered using techniques not typically used in an engineering discipline. A typical class day will include: Discussion of the key points of the reading assignment(s) due that day. Review and discussion of the assigned homework due that day (e.g. case studies, etc). Lecture on topic of the day. Overview of the homework and reading assignments for the following week. Course Materials: Execution: The Discipline of Getting Things Done, by Larry Bossidy, Ram Charan and Charles Burck. Publisher: Crown Business; 1 edition (June 15, 2002). ISBN-13: 978-0609610572 What the CEO Wants You to Know : How Your Company Really Works (mandatory, by Ram Charan. Publisher: Crown Business; 1 edition (February 13, 2001). ISBN-13: 978-0609608395 Understanding Variation: The Key to Managing Chaos, by Donald J. Wheeler. Publisher: SPC PRESS (Statistical Process Control); 2 Revised edition (September 4, 2000). ISBN-13: 978-0945320531 ISE 517 Class Reader: Available in the bookstore. Recommended reading: Earning Serendipity: 4 Skills for Creating and Sustaining Good Fortune in Your Work, by Glenn Llopis. Publisher: Greenleaf Book Group Press; 1 edition (May 1, 2009). ISBN-13: 978-1929774913 Blackboard (Online access to materials): The assignments, handouts, lecture notes, team rosters and other class information will be posted in http://den.usc.edu. All students are expected to be able to access information from here. Quality Expectations: Professional deliverables are expected at all times, both for content and presentation. This means that all the homework, project, papers and other artifacts must be well-written with proper analysis and conclusions at levels comparable to high industry standards. In addition, your deliverables must be prepared using a word processor, spreadsheet or any other relevant computer software. Make sure all documents have at a minimum: Your name and/or your team member names No spelling mistakes Date and document title Professional analysis, conclusions and/or recommendations All assignments must be turned in at the specified due date or via DEN prior to the beginning of class. No late assignments will be accepted. Grading Case Studies: 40%. Groups will be set up within first two weeks of class. Once the groups are formed, you will remain as a team for the remainder of the semester. Case studies will be graded based on the depth of the analysis, relevance to the topic covered and ability to provide a forward-thinking assessment. Syllabus ISE 517 Page 2 of 4 Industrial and Systems Engineering Participation: 40%. This includes class participation (in person or via Webex/phone). DEN students’ participation will be also graded based email interaction with the instructor, TA and other students as well as the discussion forum. Particular attention will be placed on attendance and participation during guest lectures. Midterm: 10%. The midterm will cover all the materials covered until 2/22/10 (inclusive). This date will mark the end of the first part of the course. Final Exam: 10%. The final exam will be comprehensive of all the course materials, with an emphasis on the second part of the course and guest lectures. The university schedules the final exam date and time (5/10/10). Please do not request an alternate date, as none can be accommodated. Attendance: Regular class attendance is strongly encouraged and recommended, but not mandatory. While formal attendance is not graded directly, students should understand that regularly attending class and participating in discussions will maximize their learning. In addition, since group work is encouraged, missing classes will not only affect your personal experience but your fellow classmates’ experience as well. But, if you do miss a class, it is your sole responsibility to find out what materials were covered, what assignments were made, and what handouts you missed. Do not ask either the professor or the TA to “bring you up to speed”. Note: Attendance will be taken for the first two weeks of class. If a student fails to attend during this period, the student will be dropped from the class without further contact. Academic Integrity: The Department of Industrial and Systems Engineering adheres to the University’s policies and procedures governing academic integrity as described in SCampus. Students are expected to be aware of and to observe these academic integrity standards as they will be strictly enforced throughout the semester. Disability Services and Programs: Any student requesting academic accommodations based on a disability is required to register with Disability Services and Programs (DSP) each semester. A letter of verification for approved accommodations can be obtained from DSP. Please be sure the letter is delivered to me or to the TA as early in the semester as possible. DSP is located in STU 301 and is open 8:30am – 5:00pm Monday through Friday. The phone number for DSP is 213.740.0776. Syllabus ISE 517 Page 3 of 4 Industrial and Systems Engineering Course Schedule: Date Milestones Topic Reading 1/11/10 Classes begin 1/18/10 Martin Luther King’s Birthday – holiday 1/25/10 Cash, margins, growth, velocity and margins Read “What the CEO Wants You to Know” 2/1/10 Case Study 1 due 2/8/10 Case Study 2 due Class discussion: Case study 1 Building your business acumen Class discussion: Case study 2 Google’s innovation Innovation machine Guest lecture Accidental innovation 2/15/10 President’s day 2/22/10 Leadership, Prosperity and The New Normal Earning Serendipity Guest lecture 3/01/10 Midterm Exam 3/8/10 Execution: The Three Building Blocks Leader’s behaviors Create framework for cultural change The right people in the right place 3/15/10 Spring recess 3/22/10 Execution: The three core processes 3/29/10 Case Study 3 due People Strategy Operations Class discussion: Case study 3 Read “Execution” How managers create or destroy company strategy Processes to Strategy Case study: Dell in 2009 4/5/10 4/12/10 Process control Case Study 4 due Understanding data Analyzing data Predicting data Managing Chaos Decoding DNA at Toyota Class discussion: Case study 4 Evidence-based Six Sigma for Managers Management 4/19/10 Guest lecture – topic: TBD 4/26/10 Class review, preparation for final exam The Home Depot, Inc. Case study TBD. 5/3/10 5/10/10 Study day Final Exam Note: This syllabus is subject to change as announced in class. Syllabus ISE 517 Page 4 of 4