JCU Logo

JOHN CABOT UNIVERSITY

COURSE CODE: "MGT 498"
COURSE NAME: "Strategic Management"
SEMESTER & YEAR: Spring 2015
SYLLABUS

INSTRUCTOR: Silvia Pulino
EMAIL: [email protected]
HOURS: TTH 11:30 AM 12:45 PM
TOTAL NO. OF CONTACT HOURS: 45
CREDITS: 3
PREREQUISITES: Prerequisites: Senior Standing and completion of all other Business core courses
OFFICE HOURS: Wednesdays 9.30am to 3.00pm or by appointment

COURSE DESCRIPTION:

 

This “capstone” course focuses on the roles and skills of the General Manager and on diagnosing and finding realistic solutions to complex strategic and organizational problems.  Business situations will be analysed from the point of view of the General Manager to identify the particular tasks related to his/her unique role, which calls for leadership, integration across the functional areas, organizational development, strategy formulation and implementation.

The course builds on previous course work by providing an opportunity to integrate various functional areas and by providing a total business perspective.  Since the focus is on pragmatic, action-oriented General Management issues, the course will be taught primarily through the case method.

Conceptual background will be provided through assigned readings, which students are expected to read and digest in preparation for class discussion.

Study questions will be provided for each case as guidelines for analysis; however class discussion will not necessarily be limited to these specific questions.  They are intended to help students gain sufficient understanding of the material to be able to think on their feet in the classroom and deal with the questions that develop from the discussion.

Students would benefit from preliminary discussion in small groups.

Individual written work, group written work and presentations will be assigned, primarily as indicated in the attached schedule.

Pre-requisites:     Completion of all Core Business Courses. In particular, case discussion will require a good understanding of Finance (performance evaluation, forecasting, budgeting), Marketing principles, Organizational structure and Management.

Course Expectations

As the capstone course for Business majors, this course fulfills the same role as a Senior Thesis or a Seminar, and requires the same kind of intellectual and time commitment. It is demanding and fast-paced, packed with theoretical and practical knowledge; to benefit, students are expected to perform at top capacity, by attentive reading of assigned texts, careful and thorough analysis of cases, and active class participation.

SUMMARY OF COURSE CONTENT:
Foundation Concepts. Understanding Industry Structure. Creating Competitive Advantage. Dynamic Competition. The Corporate Dimension – Growth by Acquisition, International Strategy, Strategic Alliances, Corporate Governance. Entrepreneurial Strategy. Vision, Mission and Leadership.
LEARNING OUTCOMES:

Students who complete the course successfully should be able to:

 1. Analyse the key competitive forces of an industry

 2. Assess the overall attractiveness of an industry from the perspective of both the existing participants and potential new entrants

 3. Identify key areas that require a strategic response

 4. Assess the skills and capabilities of a firm, including the qualities of its leadership

 5. Evaluate a company’s strategic health

 6. Formulate a sustainable generic strategy

 In addition, the course introduces or reinforces many transferable skills, including:

 -          Oral presentation

 -          Team work

 -          Project management

 -          Business writing

TEXTBOOK:
NONE
REQUIRED RESERVED READING:
Book TitleAuthorPublisherISBN numberLibrary Call NumberComments
Competitive Strategy: Techniques for Analyzing Industries and CompetitorsMichael E. PorterMacmillan Publishing0-02-925360-8 One copy of the textbook is on reserve in the Library.
Theory of Strategic ManagementGareth A. Jones and Charles W. L. HillSouth-Western Cengage Learning978-2-133-58465-9 One copy of the textbook is on reserve in the Library.
Profit from the CoreChris Zook with James AllenHarvard Business School Press1-57851-230-1HD 2/46.Z66 

RECOMMENDED RESERVED READING:
NONE
GRADING POLICY
-ASSESSMENT METHODS:
AssignmentGuidelinesWeight
Class participationThe class participation grade will reflect preparation, attendance and quality and frequency of participation. Class preparation will require students to read all the assigned material and to explore the guiding questions provided in Moodle. Class participation will help students understand the material better and build confidence in public speaking. In each class, I will ask a student to make a brief presentation of the material s/he prepared, but all students are encouraged to participate in almost every class at least once and if possible more than once, actively engaging in the debate. The instructor may also indicate university open lectures that are relevant to the course; students are expected to attend such lectures (unless there is a scheduling clash with another course) as part of their class participation activities. Participation to these activities will enhance the class participation grade. Assignments and deadlines will be posted on Moodle. Students are required to sign up and keep up to date with all Moodle postings for the course. 20%
Group Project (paper)Students will organize themselves into groups and conduct an in-depth analysis of a real company, providing a description of the company’s strategy and achievements and an assessment of how suitable the current strategy is to meet future challenges. Students are required to submit a written paper (15-20 pages plus Bibliography and Attachments) and to make a brief (15 minutes) presentation of their findings. Specific Guidelines for the report will be provided on Moodle.30%
Group Project (Presentation)Students will present their work in lieu of a final exam. Presentations will be graded on the basis of style, delivery, research, content and visual aids. While the grade for the presentation is individual, it will inevitably be enhanced by strong team work in the preparation of the report and the presentation visuals. Specific Guidelines for the presentation will be posted on Moodle.20%
Term paperStudents will submit a term paper (7-10 pages plus Bibliography and Attachments) that will test their understanding and mastery of industry analysis. Guidelines for the Term Paper will be provided on Moodle.30%
Writing LabUse of proper and correct English is deemed essential in today’s business world. For this reason, work where the thought process behind calculations is not explained in clear and precise language will be penalised, even if the calculations themselves are correct. Students may avail themselves of the JCU Writing Centre ([email protected]) to review their work before a submission. This programme is designed to enhance students’ writing skills, with particular attention to grammar, spelling, vocabulary, language register, and organisation of ideas. Historically, participating students have shown marked improvement in their writing skills, which has also reflected upon their course grades. Poorly written work will be heavily penalized. 

-ASSESSMENT CRITERIA:
AWork of this quality directly addresses the question or problem raised and provides a coherent argument displaying an extensive knowledge of relevant information or content. This type of work demonstrates the ability to critically evaluate concepts and theory and has an element of novelty and originality. There is clear evidence of a significant amount of reading beyond that required for the course
BThis is highly competent level of performance and directly addresses the question or problem raised.There is a demonstration of some ability to critically evaluatetheory and concepts and relate them to practice. Discussions reflect the student’s own arguments and are not simply a repetition of standard lecture andreference material. The work does not suffer from any major errors or omissions and provides evidence of reading beyond the required assignments.
CThis is an acceptable level of performance and provides answers that are clear but limited, reflecting the information offered in the lectures and reference readings.
DThis level of performances demonstrates that the student lacks a coherent grasp of the material.Important information is omitted and irrelevant points included.In effect, the student has barely done enough to persuade the instructor that s/he should not fail.
FThis work fails to show any knowledge or understanding of the issues raised in the question. Most of the material in the answer is irrelevant.

-ATTENDANCE REQUIREMENTS:

Students are expected to come to class and to arrive on time.

Absences: students are allowed up to 3 absences during the semester.

Tardiness: students arriving more than 5 minutes late for class will be marked as absence (though they may stay and follow the lesson).

Persistent absence or tardiness usually precludes satisfactory performance in the course, and will result in a lower class participation grade. In any case, students are responsible for all material covered by the syllabus and/or discussed in class, whether or not they are actually present.

ACADEMIC HONESTY
As stated in the university catalog, any student who commits an act of academic dishonesty will receive a failing grade on the work in which the dishonesty occurred. In addition, acts of academic dishonesty, irrespective of the weight of the assignment, may result in the student receiving a failing grade in the course. Instances of academic dishonesty will be reported to the Dean of Academic Affairs. A student who is reported twice for academic dishonesty is subject to summary dismissal from the University. In such a case, the Academic Council will then make a recommendation to the President, who will make the final decision.
STUDENTS WITH LEARNING OR OTHER DISABILITIES
John Cabot University does not discriminate on the basis of disability or handicap. Students with approved accommodations must inform their professors at the beginning of the term. Please see the website for the complete policy.

SCHEDULE

 NOTE: This table is merely indicative. The definitive schedule is the one on MOODLE.

 

Class

 

Date

Topic

Material / Preparation

PART I – FOUNDATION CONCEPTS

1

T

9/2

Introduction

Mission Statements

The Strategic Management Process

The Wheel of Competitive Strategy

2

TH

9/4

What is Strategy?

What is Strategy? (H)[1]

How to Read, Discuss and Write Persuasively about Cases

3

T

9/9

Approaching cases

Assessing Performance

CS[2], Introduction, pp. xiii-xx

Wal-Mart, 2007 (H)

4

TH

9/11

Environmental Analysis and Strategy Identification

Wal-Mart, 2007 (H)

Environmental Analysis (M)[3]

What is Your Strategy? (H)

PART II – UNDERSTANDING INDUSTRY STRUCTURE

5

T

9/16

Understanding Industry Structure

The Five Forces that Shape Competitive Strategy (E)[4]

6

TH

9/18

The Chinese Fireworks Industry

The Chinese Fireworks Industry (H)

 

7

T

9/23

Competitive Strategies in Mature Industries

The Transition to Industry Maturity (CS, ch. 11)

8

TH

9/25

Napster and MP3

Napster (H)

9

F

Make-up class

9/26

Competitive Strategies in Emerging Industries

Competitive Strategy in Emerging Industries (CS, ch. 10)

PART III – CREATING COMPETITIVE ADVANTAGE

10

T

9/30

Role of the CEO

Competitive Strategies

Positioning

CEO as Strategist (E)

Generic Competitive Strategies (CS, ch. 2)

Strategy Maps (M)

11

TH

10/2

Organizational Capabilities

Capabilities Analysis (M)

Competing on Capabilities (E)

Term Paper due

12

T

10/7

Core Competencies

Starbucks (H)

13

TH

10/9

Values as a Source of Competitive Advantage

JetBlue Airways: Starting from Scratch (H)

14

T

10/14

Value Chain and Capabilities Analysis – the JCU Case

Value Chain Framework and Support System for Higher Education (M)

Group Composition Memorandum due

15

TH

10/16

Value Chain (continued)

 

PART IV – DYNAMIC COMPETITION

16

T

10/21

Competition

Creating Competitive Advantage (H)

17

TH

10/23

Retaliatory Pricing

Dogfight over Europe: Ryan Air (H)

18

T

10/28

International strategies

KTM – Ready to Race (H)

PART V – THE CORPORATE DIMENSION

19

TH

10/30

Mergers & Acquisitions

From Competitive Advantage to Corporate Strategy (E)

Diversification Matrices (M)

Newell Co (H)

20

T

11/4

Strategic Alliances

Airborne Express (H)

21

TH

11/6

Strategic Alliances

Airborne Express (H) (continued)

22

T

11/11

Corporate Governance

Fogdog (H)

PART VI – OTHER STRATEGIC ISSUES

23

TH

11/13

Entrepreneurial Strategy

Blue Ocean (E)

Blue Ocean: From Theory to Practice (E)

24

T

11/18

Vision

Building your company’s vision (E)

Enspire Learning (H)

25

TH

11/20

Leadership

Enspire Learning (H) (continued

26

T

11/25

Project

 

 

TH

12/27

THANKSGIVING

 

27

T

12/2

Project

 

28

TH

12/4

Project

Group Project due

Presentation due

exam

 

TBD

FINAL PRESENTATIONS

 

 



 

[2] (CS) Competitive Strategy, Michael E. Porter, on Reserve in Library

 

[3] (M) Available in Moodle

 

[4] (E) Available online through EBSCO