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Noon to 2:50pm & 6:00pm to 8:50 on Tuesdays
Bexell 415
Jon Down Office
Hrs: M 4:30pm – 5:30pm
Weatherford EG08 Tu
3:00 pm - 4:00 pm
Phone: (541) 713-8045 W 10:00 am - 11:00 am
down@bus.oregonstate.edu (and
by appointment)
Materials:
Course Description and Objectives:
Advanced Strategic Management
is the capstone course in the MBA curriculum. A broad management perspective is
taken, viewing the whole organization and drawing on all business
functions. The essence of the course is
to understand how business strategies are developed and managed to create
value. We will build on, and bring
together, the individual functional pieces that each of you have studied in the
MBA program to date.
In general terms the
objectives of this course are to build on the strategy background you already
have (at whatever level that might be), to improve your ability to think
strategically
and to give you insight on how the components of your MBA program fit
together. We will do a lot of practice
applying your knowledge to situations that require strategic thinking and
action as an important means of developing your skills and ability.
Course learning objectives:
1. Develop your ability to think strategically and gain
insight on how to improve organizational performance from a general management
perspective.
2. Develop your leadership ability.
3. Understand the importance of how all aspects of a firm
(such as strategy, structure, systems, people, etc.) interact with each other
in determining the level of the firm’s effectiveness and success.
4. Appreciate the difficulty and specific challenges of
transforming “great strategic thinking” into a successful reality.
5. Practice applying the principles you are learning
throughout the MBA program to real world business and other organizational
contexts.
Grading: Class Participation 17.5%
Five Papers 25%
Report on Business
Models 10%
Midterm Exam 20%
Final Exam 27.5%
Class Participation:
It
is important for you to participate during class discussions by offering your ideas,
insights and questions. By doing so the class will learn from each other and
you will be able to practice communication of your ideas. I will grade you both
on the quantity and quality of your contributions. In order to create an
environment conducive to good discussion I strongly encourage you to be on time
to class.
As
you know we only have ten class meetings, and one of those will be devoted to
the midterm. Therefore, my expectation is that you will come to class having studied
the assigned materials and will actively participate in every class session. About half way through the course I will give
you some feedback on your participation grade up to that point.
Another
means for you to bolster your participation grade is to turn in an optional course
journal during our last class. In the journal you should write up your thoughts
about the course material, content, format, etc., as it progresses. This could simply be what you like and don’t
like, or how the material might apply to some outside-class aspect of your
life, but it should not be a summary of the course content. Don’t make the journal any longer than eight
pages and realize that it only boosts your participation grade in borderline
cases (i.e. it is not a substitute for in-class participation).
So
just in case I haven’t made myself completely clear, please come to class having read and thought about all the assigned
material for that day and be ready to say something about it.
Papers:
Please turn in a case
analysis paper for at least four of the seven cases assigned throughout the
term – plus a paper analyzing The
Financier novel. The maximum length of each paper is four double-spaced
typed pages. You may turn in more than
four case analysis papers, in which case I will use your four highest scores.
Your
papers will be graded on a ten point scale. An outstanding paper must
communicate excellent:
1.
Structure. Flow from an engaging introduction to a
supportive body and end with a clarifying conclusion.
2.
Course Concepts. Tie your case analysis to the concepts
discussed in the readings and in class (provide support for your
recommendations).
3.
Relevance. Address the central issues in the case (or
specific issues suggested to you by me).
4.
Grammar. Be grammatically correct. You might consider having someone read
through your paper before turning it in if you are weak in this area.
5.
Style. Be interesting for me (or anyone else) to
read.
Even
though I am only asking for papers on four of our seven cases, you should
obviously read and analyze all the cases and readings in order to be prepared
for our class discussions.
Your papers are due at the
end of each class, late papers will be docked 2 points and no papers will be accepted
more than one week beyond the class date they were due (it is okay to email me
late papers). An important reason for not requiring you to turn in papers for
all classes is to not penalize you if
some catastrophe strikes that prevents you from turning in a paper. So don’t “waste” your drops and please don’t
ask me for any exceptions to the above rules.
The
“partner project” is an opportunity for you to research (and all of us to see
and consider) a variety of business models. By business model I simply mean an explanation
of a firm’s (or organization’s) basic strategy for establishing and maintaining
an earnings stream (i.e. addresses the questions of: What are we selling? How
do we make money? How will we be successful in the future?). If you’d like to
report on non-profit organizations tell us about their strategies and how they
will be successful in accomplishing their long term goals.
You
and a randomly assigned partner from class are to seek out two different
companies to compare and contrast their business models and performance. Try to
find two interesting companies from the same industry. Sources you might use to
discover and learn about companies and their business models include the WSJ,
business periodicals, the internet, S&P Net Advantage, annual reports,
etc. One cautionary note is avoid using
a lot information generated by the company (e.g. off the company website or
from company press releases) because this information will almost certainly
have a pro-company bias. And if you
decide to report on well-known companies (such as Nike and Adidas) work hard to
make the presentation interesting by bringing in information the class will
likely not already be familiar with.
Your
presentation should explain each company’s business model, telling the class how
the company does (or will) make money – and how effective they will be at
protecting their earnings stream and cash flow in the future. You should also
include some type of numerical analysis in your talk. If you are discussing
publicly traded companies, give us your pick of the best investment on the day
of your presentation. Your talk is limited to a maximum of fifteen minutes for
both of you, not including Q & A time. I encourage you to be creative in
how you present your companies.
On your presentation day you
are also required to turn in a three page written summary of your talk and
analysis. The written summary should include a brief
bibliography citing all references. Fifty percent of your partner project grade
will be based on your combined presentation and the other 50% on your written
summary. Please let me know if you and
your partner don’t think you should each get the same grade because one of you
contributed significantly more than the other.
The
day of your presentation has been randomly assigned. I will make available a company sign-up sheet
for you and your partner to identify the companies you will report on – and
once a company is on the sign-up sheet it is taken and may not be repeated.
Midterm and Final Exams:
The
midterm and final exams will be based on all assigned materials, lectures and
class discussions. If you cannot take the midterm at the scheduled time for
good reason, then I will assign you a make up research project and increase the
grade value of your final exam. The final will be comprehensive, but will
emphasize new material covered after the midterm.
The Financier:
As
you know, I have assigned a novel written by Theodore Dreiser and originally
published in 1912. We will discuss the first half of the book right after the
midterm followed by a discussion on the whole book during our last class. I
also ask that you turn in a paper (following the standard paper guidelines) at
the end of our last class that will count as one of the five graded papers
required throughout the course.