4203 - Fisher College of Business

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CHECK CARMEN FOR LATEST SYLLABUS

Fisher College of Business, The Ohio State University

BUS M&L 4203 (prev. 752): Marketing Strategy, Course Syllabus

Instructor: Melissa Fisher

Office: 50 Fisher Hall

Email:

Classroom: TBD

Office Hours: By Appointment fisher_935@fisher.osu.edu URL: Carmen.osu.edu

Note: There may be additional articles or materials on Carmen or sent via email. You are responsible for all info. regarding the topics. SEE DISCUSSION QUESTIONS ONLINE to start.

Fisher BUS M&L 4203: Marketing Strategy, Page 1 Summer 2013

2

3

4

Thur.

Topic: CHECK CARMEN!!!

1

1/9 1.

Intro.

2.

Barbie, BBW

3.

Sign up for groups

1/16

1/23

1/30

1.

1.

Speaker – Paul Reeder – OSU TCO ??? / Michelle

Target Case Intro./Elevator Pitches

5

7

2/6

6 2/13

2/20

8 2/27

9 3/6

1.

Quiz 1 – online

2.

Lecture/discussion: Models/Frameworks/Repositioning businesses (60 Min: Luxotica)

3.

Rolex Case (Team 1) (Team 2 Exec.)

4.

Swatch Case (Team 2) (Team 1 Exec.)

1.

Quiz 2 – online

5.

Lecture/discussion: Advertising decision making

6.

GI Joe Case (Team 3) (Team 4 Exec.)

7.

Ohio Art Case (Team 4) (Team 3 Exec.)

1.

Quiz 3 - online

2.

Lecture/discussion: International marketing (Huawei Video)

3.

Louis Vuitton in Japan (Team 5) (Team 6 Exec.)

4.

IKEA Case (Team 6) (Team 7 Exec.)

1.

Lecture/discussion: questions

2.

Metabical Diet drug (Team 7) (Team 5 Exec.)

3.

Target touchbase with Melissa, questions for Target

1.

Quiz 4 - online

2.

Lecture/discussion: Brands intro./questions

3.

Mountain Man Beer (Team 1) (Team 2 Exec.)

4.

Maria Sharapova A&B Case (Team 2) (Team 1 Exec.)

5.

Hilton Case (Team 3) (Team 4 Exec.)

6.

Speaker: Steve Weaver – Candle Lab

7.

Project – ask questions via email a.

Final Questions for Target b.

Questions for Melissa

SPRING BREAK 3/13

10 3/20 1.

Quiz 5 - online

2.

Lecture/discussion: Brands Continued

3.

Snapple Case (Team 4) (Team 3 Exec.)

4.

Voss Case (Team 5) (Team 6 Exec.)

5.

Articles: Harvard Snapple, POM

3/27

6.

Speaker – Jeff Noble – Marzetti’s

Reading

Barbie

Case

SAM/

MICHELLE

Rolex

Swatch

GI Joe

Ohio Art

Louis

Vuitton

IKEA

Metabical

Mountain

Man

Maria

Sharapova

Articles

Hilton

Snapple

Articles

Voss

Sign

Ups

Fisher BUS M&L 4203: Marketing Strategy, Page 2 Summer 2013

Thur.

11 4/3

12 4/10

13 4/17

Topic: CHECK CARMEN!!!

1.

Quiz 6 – online

2.

Lecture/discussion: Creating business/ Technology effects

3.

NFL Digital Media (Team 6) (Team 7 Exec.)

4.

Netflix Case (Team 7) (Team 5 Exec.)

5.

Articles: Blockbuster, Time article, Disney TV, NYT

1.

THURS Target case presentations, leadership attends

2.

2 HARDCOPIES DUE IN CLASS TO ME AND TGT

3.

YOU MUST ATTEND ALL PRESENTATIONS!

1.

Target case presentations, leadership attends

2. HARDCOPIES DUE IN CLASS TO ME AND TGT

3. YOU MUST ATTEND ALL PRESENTATIONS!

14 FIN

FINAL - TBD

Reading

Netflix,

NFL,

Articles

TARGET

Sign

Ups

TARGET

15

*Note: Subject to change. Please check emails and the information on CARMEN for updates, lecture slides, announcements, or files.

Required Case Packet – buy them as we need them (in case of changes)

HARVARD COURSE PACKET: https://cb.hbsp.harvard.edu/cbmp/access/20840370

Supplementary Course Material

All other course materials will either be made available on CARMEN or given out in the class.

Note: There may be additional articles or materials on Carmen or sent via email. You are responsible for all info. regarding the topics.

Course Objectives

Marketing Strategy is a key part of the overall marketing process. Decision makers within corporations and other organizations create strategy using tools, planning, and research. You will develop strategies using the skills and concepts learned in other classes and research that you will conduct just as you would do on the job.

To be successful in this class (and within a company), you must base your strategy creation and recommendations on factual, logical, analysis and justification. Your personal opinions and gut feel may guide you initially, but you must support them with facts and logical arguments. Also, please note that often your gut feel will be wrong or somewhat off base.

Getting the “right” answer in this course – when it is possible to determine that – has little bearing on your evaluation. You will be evaluated on the thoroughness of your analysis of the situation, the logic of your arguments, the viability of your plans, and the justification supporting your recommendations.

The main benefit of this class is in developing a strategic, consumer-sensitive perspective to solving problems and making business/marketing decisions. The end product of this class will be a strategic perspective to facing business issues and successfully resolving them that you will develop. You will become a more competent critical thinker.

Class Format

Fisher BUS M&L 4203: Marketing Strategy, Page 3 Summer 2013

We will use quizzes, case discussions, group discussions, and team interactions, critiques, and evaluations. There may be one or more analytical exercises as assigned.

Students are responsible for readings assigned as detailed in the syllabus. Reading prior to class will be essential to productive discussion and to your learning. Refer to discussion questions and online notes prior to class.

If you have other commitments that make attendance difficult or impossible, you should consider taking this course during a different quarter. You chose to take this class and, if you choose to miss class, that is also your choice.

I do not accept excuses except for valid documented medical emergencies, period.

Therefore, please do not miss tests or graded activities; you will not like the alternative.

Quizzes

– These will be online quizzes.

Quizzes will cover:

Cases to be discussed in next class

Concepts, analysis, and information discussed in previous classes

Speakers

Exercises and activities

Discussions

Group Presentations

Your group will make two mini case presentations and one Target presentation taking the role of an executive at the company or of a consultant to the company. You will be evaluated on the quality of your analysis and the justification and viability of your recommendations. General notes:

Determine goals: ex. grow the company, create new business, make a profit, etc.

Contents o Summary of RELEVANT FACTS – relevant to the issue(s) at hand

No more than ONE slide (everyone has read the case) o Framing of the key question(s) at hand – usu. 1-2 slides o List of alternative courses of action – usu. no more than 1-2 slides o Analysis of alternatives – usu. no more than 2-3 slides

Do outside internet, industry, company, competitive and other research

What has happened to the product, company, and industry since? o Recommendation(s) supported by JUSTIFICATION – usu. 1-3 slides o Implementation plan – usu. 1-3 slides o You may include an appendix in your hardcopy with sources, addit. notes, etc.

Notes o A case contains a set of facts and often poses a set of questions that face the company or executives o You are strongly cautioned that “do nothing” is RARELY EVER an option – if you recommend this course of action, it must be supported VERY strongly o You also do not have the option to recommend “more research” o A decision must be made, so make one and support it! o You are likely not the target consumer, so don’t judge issues from your personal perspective. You must take the perspective of the executive charged with delivering on corporate goals and you must consider the target consumer and their perspective.

Questions to get started (intentionally not comprehensive – you must think for yourself).

See also discussion questions online. o What is the key marketing problem? Why did the problem occur? o To solve a problem, consider analysis such as the following as appropriate:

Fisher BUS M&L 4203: Marketing Strategy, Page 4 Summer 2013

 What are the organization’s internal strengths, weaknesses, opportunities, and threats (SWOT analysis, other frameworks and models)?

How can the company capitalize on strengths and opportunities?

How can the company address weaknesses and threats?

What about the external environment – ex. customers, competitors, channel members, technology and consumer trends, government/regulatory actions, interest groups, etc.?

 How can the organization move forward?

 What customers or customer groups are key for the company?

 What do the facts and data from the case or your research tell you? What conclusions can you draw?

What alternatives do they support? There will probably be several alternative courses of action. Evaluate each one with pros and cons.

 What do you recommend? Justify your recommendations. Be sure this is supported by the facts and your analysis. If you contradict facts, analysis, or your own assertions, be sure you address this and justify it.

What do you need to consider regarding implementation of your recommendation(s)? ex. timing, money, talent needed, etc. What does an implementation plan look like?

Presentation – SEE DISCUSSION QUESTIONS ONLINE AS A STARTING POINT o Must be emailed to instructor and to exec. committee 24 HOURS prior o Should be in bulleted outline format – concise and brief but with good content! o Bring hardcopy to class and hand to instructor prior to presentation. I use this to grade and help me remember your presentation as I finalize grades. If I don’t have it while you are presenting, that will put you at a disadvantage. o Evaluation

 You will be evaluated on the content: quality of analysis and recommendations along with justifications.

 You will also be evaluated on presentation effectiveness: effective written and oral presentation of information, including clarity, spelling, grammar, oral presentation skills.

 BREVITY is important in all presentations!

 Some key questions:

Did you identify the relevant facts and issues?

How effective was your discussion of the problem and its causes?

How effective was your discussion of SWOT?

Did you do a good job of identifying realistic alternatives supported by the facts?

Is your final recommendation consistent with the rest of your info.?

Is your implementation plan reasonable?

Did you use data and info. provided effectively?

Are there errors in spelling, grammar, presentation, or facts?

Did you meet deadlines?

Did you answer the exec. committee questions and discussion points effectively?

Timings o Presentation 15:00 (with 2:00 grace max.) You will be scored on adherence. o Exec. Committee questions and evaluations 15:00 o Class discussion 15:00 o Other info. and discussion 15:00

Team with Exec. Committee to lead class discussion of case – also see discussion questions and add your own.

Fisher BUS M&L 4203: Marketing Strategy, Page 5 Summer 2013

o Discussion of current situation:

What is going on currently with brand, company, products?

What is your evaluation of the current situation?

What issues are they likely facing now?

Do you know what happened after the case?

Would you invest if you could? why or why not?

Target Presentation – 15:00 MAX. o Refer to the questions provided in case and those above; then go further. o Do online research, industry research, and market research. o Be sure to provide support for your recommendations and consider implementation. o Bring 2 hardcopies TO CLASS for instructor and Target reps. o Do not rehash the facts of the case. Consider your audience. Give a very brief summary for your fellow students who worked on different cases and then focus most of your time on analysis, recommendations, and justifications.

Executive Committee

You will take the role of a Board of Directors or Executive Team evaluating the situation and the presenting group. You will read and analyze both the case and the presenting group’s presentation.

You will be evaluated on the quality of your analysis and your evaluation of the presentation.

Ask relevant questions of the group o This is not a “gotcha” moment o You must not shy away from clear analysis and critique or go “soft”

Challenge any areas that lack focus or are unclear or inconsistent with the facts or analysis

Critique (in a professional manner) the presentation and discussion of the presenting group o Did they identify the problem appropriately? o Do you agree with their analysis, SWOT, etc. ? o Do you agree with their alternatives and would you evaluate them differently?

 State whether you agree or disagree with group’s recommendations and WHY

Present your own recommendation(s)

Outline an implementation plan and considerations o (Consider key questions above)

Team with presenting group to lead class discussion of case – also see discussion questions and add your own. o Discussion of current situation:

What is going on currently with brand, company, products?

 What is your evaluation of the current situation?

What issues are they likely facing now?

Do you know what happened after the case?

Would you invest if you could? why or why not?

Dress –you may dress casually, but you should act professionally. Please dress in business dress for Target presentations.

Presentation of all information will be judged on brevity, clarity, and persuasiveness

All info. should be presented and discussed in a professional manner. Sell your ideas, be confident, show enthusiasm! Do not feel that everyone has to speak; divide and conquer!

Content quality

Completeness/thoroughness

Presentation/communication skills

Follow instructions

Professionalism

Presenters Exec. Committee Weight

30%

20%

20%

20%

10%

Fisher BUS M&L 4203: Marketing Strategy, Page 6 Summer 2013

Important note: We are all consumers and have interactions with products, brands, and companies. Our own opinions, gut feels, and viewpoints may be initial guides, but those impressions must be investigated and supported by careful analysis. Further, you are not the target consumer for most products and services. Therefore, you must learn to ignore your own feelings and open yourself to the impressions of the target consumer and create strategy from the perspective of the business.

Course Evaluation

Your grades will be evaluated as follows: (There may be other opportunities for extra credit.)

1. Mini Case Presentations I and II (2)

2. Executive Committee Evaluations (2)

3. Quizzes

4. Target Case Study and Presentation

50%, (25% each)

5% (2.5% each)

15%

30%

Plan to attend ALL presentations. Someone listened to you; you owe them the same courtesy.

Re-grading requests will be accepted in writing with detailed description of questions within 1 week of receipt of the grade.

NOTE: Not all testable material will be covered in class; some will be from the reading.

Grading Scale – DIFFERENT FROM OSU STANDARD

The grading scale that will be utilized for the final grade is as follows ( note: you must reach the minimum of each range to get that grade – ex. an 86.5 would be a B without rounding):

Grade GPA Grade GPA

A

A-

= 94-100 %

= 90-93.XX %

4.0

3.7

C+

C

= 77-79.XX % 2.3

= 73-76.XX % 2.0

B+ = 87-89.XX %

B = 83-86.XX %

B- = 80-82.XX %

3.3

3.0

2.7

C- = 70-72.XX % 1.7

D+ = 67-69.XX % 1.3

D

E

= 63-66.XX % 1.0

= below 63

Grades may or may not be rounded at the end of the quarter.

From Fisher College of Business: The University and College expectation is that students spend two hours outside of class for every hour spent in class. Since this course meets 3 hours per week, you should expect to spend 6 hours per week outside of class on course-related work.

Fisher BUS M&L 4203: Marketing Strategy, Page 7 Summer 2013

ATTENDANCE

Class attendance and active, quality participation in discussions are critical to your learning.

Therefore, please attend all classes and offer reasoned, thoughtful input that incorporates concepts learned in other classes and our lectures/discussions versus your personal opinions and random thoughts off the top of your head. Though those thoughts are valuable to you , business strategy must be based on critical thinking, reasoning, and analysis of facts. You will have the opportunity to develop these skills and demonstrate them in our class discussions; therefore, you must attend class.

Class Participation:

Class participation is a very important factor in making the classroom experience productive. Your ability to gain knowledge in the course and actively contribute to classroom discussions is dependent on your attendance during class sessions.

In my classes, I observe a very high correlation between attendance, active participation, and final calculated grade. If you care about your grade, be there and participate!

FIRST BONUS OPPORTUNITY :

You can earn two bonus points when you will turn in bio-sheet (see end of this document) with your picture by the second class session.

Important Notes

Please make note of dates and plan your term accordingly. If you are unable to attend a class, please notify me by email unless it is an emergency. With a valid written medical excuse, missed assignments or quizzes will be dealt with on an individual basis and there may be a points penalty. Without a valid written excuse, missed assignments or quizzes will be recorded as zero pints.

You are encouraged to ask questions by email and/or set up an appointment.

Emails will not be counted as class participation. Questions will be answered by return email, during a one-on-one meeting, or during the next class session. At any time, you are encouraged to set up an appointment for one-on-one assistance.

Please let me know if you have a disability and need accommodations to make the learning environment more effective.

You are responsible for everything that takes place in class, including changes to assignments or schedules, whether you are present or not. If you must miss class, please arrange with a classmate to share notes and insights.

Please come to class on time. Turn off your cell phones and pagers before you come to class. Do not take calls in class. Do not use your PDA while class is being conducted.

They cause the class to become distracted from the main issues.

Any changes to the syllabus will be posted online and discussed in class. You are responsible for following the most recent syllabus.

Have fun!

This course lets you conduct marketing strategy without risking your own money or your job!

Fisher BUS M&L 4203: Marketing Strategy, Page 8 Summer 2013

ACADEMIC INTEGRITY (ACADEMIC

MISCONDUCT)

Academic integrity is essential to maintaining an environment that fosters excellence in teaching, research, and other educational and scholarly activities. Thus, The Ohio State

University and the Committee on Academic Misconduct (COAM) expect that all students have read and understand the University’s

Code of Student Conduct , and that all students will complete all academic and scholarly assignments with fairness and honesty. Students must recognize that failure to follow the rules and guidelines established in the University’s

Code of Student Conduct and this syllabus may constitute “Academic Misconduct.”

The Ohio State University’s

Code of Student Conduct (Section 3335-23-04) defines academic misconduct as: “Any activity that tends to compromise the academic integrity of the University, or subvert the educational process.” Examples of academic misconduct include (but are not limited to) plagiarism, collusion (unauthorized collaboration), copying the work of another student, and possession of unauthorized materials during an examination. Ignorance of the University’s Code of Student Conduct is never considered an

“excuse” for academic misconduct, so I recommend that you review the

Code of Student

Conduct and, specifically, the sections dealing with academic misconduct.

If I suspect that a student has committed academic misconduct in this course, I am obligated by University Rules to report my suspicions to the Committee on Academic

Misconduct. If COAM determines that you have violated the University’s

Code of Student

Conduct (i.e., committed academic misconduct), the sanctions for the misconduct could include a failing grade in this course and suspension or dismissal from the University.

If you have any questions about the above policy or what constitutes academic misconduct in this course, please contact me.

Other sources of information on academic misconduct (integrity) to which you can refer include:

The Committee on Academic Misconduct web pages

(oaa.osu.edu/coam/home.html)

Ten Suggestions for Preserving Academic Integrity (oaa.osu.edu/coam/tensuggestions.html)

Eight Cardinal Rules of Academic Integrity

(www.northwestern.edu/uacc/8cards.html)

Fisher BUS M&L 4203: Marketing Strategy, Page 9 Summer 2013

Due: 1/23/14 IN class to Me!

BIO SHEET: Bonus Opportunity

BUS M&L 4203

Name: __________________________________________

(e-mail):___________________________________

(phone). ( ) - .

Major:

Why did you pick this major?

Year in School:

Courses taken (in the areas of marketing):

Marketing:

Others that you enjoyed or disliked and why:

What are your comments on marketing courses?

What do you hope to gain from this class?

Why did you take this class?

Work experience in marketing, if any:

What do you hope to get out of this course?

What are your career goals?

One interesting fact about yourself:

Please attach your photo in the upper right and corner of this sheet. NO PHOTO=NO CREDIT

Fisher BUS M&L 4203: Marketing Strategy, Page 10 Summer 2013

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