Spring 2016 MNGT 481 - Business Strategy and Policy Monday-Wednesday-Friday Section 001 11:00 to 11:50 am, ST 107 Section 002 12:00 to 12:50 pm, ST 107 Professor Donald Kopka, Ph.D. Assistant Professor Management Dept. http://pages.towson.edu/kopka/towson_strategy.htm 1 FORM A GROUP • As a group, spend the next 20 minutes developing a description of conditions in the United States that might affect business over the next 1 to 5 years • Identify some condition or development that you think offers exciting possibilities for business 2 GROUP DESCRIPTION OF UNITED STATES BUSINESS CONDITIONS 3 DEFINITION OF STRATEGY • HANDOUT • TRADITIONAL FIT OF • Business with • Environment – General Environment – Industry Environment 4 Add Value Example Stakeholders: Customers Owners Employees Government Lenders/Bankers Community Industry Suppliers Added Value: 5 • Read assigned chapters in eBook version of textbook according to course schedule • Jeff Dyer, Paul Godfrey, Robert Jensen, and David Bryce, Strategic Management: Concepts and Tools for Creating Real World Strategy, Preliminary Edition, Wiley, 2015. • eBook textbook version is obtained by going to www.wileyplus.com • Go to website for course syllabus and schedule, http://pages.towson.edu/kopka/towson_strategy.htm • Three keys to course – Follow Directions – Communications is historical – Communications is comprehensive 6