MGMT 4750: Strategic Management

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1 Clayton State University College of Business MGMT 4750: Strategic Management Course Syllabus and Schedule: Summer 2014 CRN / T/Th 1:00 5:50 p.m. / Room T-152 Professor: Gary L. May, Ph.D. Office: T-261 (College of Business Building) Office Hours: Tuesday and Thursday 11:30 a.m. to 12:30 p.m. or by appointment Phone: CSU Office: Tel (678) / Fax (678) Home Office: Tel / Fax: (770) CSU Home Page / Bio: Catalogue Course Description: A capstone course to integrate the knowledge and skills gained in a student's program of study. It is an opportunity for a student to formulate an overall business policy and strategy. Due to exit exams administered in this course, it is strongly recommended that the course be taken the last semester. Prerequisites (minimum grade of C): FINA 3101 BUSA 3700 MGMT 3102 (can be taken concurrently) MKTG 3101 BUSA 3101 MKTG 3420 (can be taken concurrently) MGMT 3101 MGMT 3120 Required Course Materials: Ireland, Hoskisson, & Hitt (2012). Understanding Business Strategy: Concepts Plus, 3 nd Edition; South- Western Cengage Learning ISBN (CSU bookstore: $145.75). Check also for E-book version. Subscription to Foundation and Comp-XM from Capsim Management Simulations, Inc. ($68.98); direct subscription information via credit card will be provided the first week of class. Also available through the Loch Shop (includes a handling fee). Required Computer Competencies: MGMT 4750 requires extensive use of the GaVIEW Desire2Learn (D2L) course management system, Microsoft Word, and PowerPoint. Exams and quizzes are D2L based. Each student is required to have ready access throughout the semester to a notebook computer that meets faculty-approved hardware and software requirements for the student s academic program. See for full details of this policy. MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 1 of 10

2 Course Learning Outcomes: Upon completion of the course, students should be able to: 1. Know, comprehend, and apply the three parts of the strategic management process: 1. Establishing Vision and Leadership 2. Analyzing Environments Evaluating external opportunities and threats Evaluating internal strengths and weaknesses 3. Selecting a Strategy Developing business-level strategies Developing multiproduct strategies Acquiring and integrating businesses Competing across borders 2. Apply the strategic management process and integrate knowledge from previous coursework by running a company as part of a management team, competing against other companies in a simulated business environment 3. Demonstrate business judgment and analytical skills by managing a company individually for four simulated years, competing against three computer-managed companies 4. Demonstrate interpersonal skills and appreciation for diversity by leading and managing collaborative activities and working effectively in teams that have a diverse membership Assessment Method Exams with embedded questions keyed to knowledge, comprehension, and application for each component of the strategic management process. Team ranking from analyst report of ten business performance measures Individual balanced scorecard with exam questions keyed to simulation results Web-based intra-group peer evaluation assessing team skills related to task and process. The College of Business Fundamentals Exit Exam and the Educational Testing Service (ETS) Major Field Test in Business are administered in this course (alternate semesters) along with the Capsim Comp-XM Business Competency Exam as part of the College of Business assurance of learning and assessment process. The exit exams are a requirement for the course. Students who do not participate in the exit exams will receive an incomplete for MGMT In addition to the primary course outcomes, this course will support other B.B.A. program learning outcomes by enhancing students ability to: 1. Demonstrate oral presentation skills by designing and delivering a Board of Directors presentation based on the results of the business simulation. 2. Use basic computer technology appropriately in a business context (e.g., , Web-based discussion boards, PowerPoint, and Excel). MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 2 of 10

3 Course Requirements and Expectations: Note: Grading criteria will be included with the instructions for each course requirement. Instruction documents are posted on D2L under Course Requirements. 1. Class and Team Participation: Class sessions will focus on application of concepts and skill building. The delivery will be experiential, with a minimum of lecture. Students are expected to complete the required reading, audio/powerpoint lecture, chapter quiz, and other pre-class assignments prior to each class according to the course schedule. Regular, punctual class attendance and active participation in class and team activities will be essential to the learning experience. Participation will be assessed through a peer evaluation process. 2. Weekly Quizzes: Knowledge of concepts from the chapter reading assignments and audio/powerpoint lectures will be assessed by graded quizzes administered through D2L. The quizzes will be open book and timed. Quizzes will expire on at 12:00 p.m. (noon) on the class day assigned for discussion of the chapter. 3. Course Content Exams: There will be two scheduled exams during the semester. Exams will be closed book and will include assigned text chapters and material covered in audio/powerpoint lectures, as well as class discussion. Each exam will assess knowledge, comprehension, and application of key concepts. Exam dates are firm. If the exam will be missed, the student must notify the professor in advance and provide written documentation for the absence. An excused absence for medical reasons requires a written excuse from a doctor s office. The professor reserves the right to exercise his personal judgment in allowing make-up exams and deducting points for exams taken after the published exam date. 4. Foundation Business Simulation: Students will apply the strategic management process and integrate knowledge from previous coursework by running a company as part of a management team, competing against other companies in simulation. Most of the class time will be devoted to working in teams reviewing results of the simulation, making decisions related to strategy, and executing tactics. Teams will also have to work virtually between classes to complete decisions for selected rounds. 5. Team Presentation to Board of Directors: Management teams will review their business simulation results, explain their decisions, and propose a future strategy. 6. Comp-XM Business Competency Exam: At the end of the semester, students will be required to demonstrate business judgment and analytical skills by managing their own company for four simulated years, competing against three computer-managed companies. This exam is a component of the College of Business and AACSB Assurance of Learning process. 7. Business Fundamentals Exit Exam or ETS Major Field Test Exam: During the final exam period, students will take an exam designed to assess overall business knowledge. This exam is a component of the College of Business and AACSB Assurance of Learning process. MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 3 of 10

4 Grading System, Scale, and Policies: COMPONENT POINTS Class and Team Participation (Peer Evaluation) 30 Weekly Chapter Quizzes 20 points ea.) 140 Course Content Exams 100 points ea.) 200 Business Simulation Rehearsal 30 Business Simulation Results (Team Rankings) 50 Team Business Presentation to Board of Directors 50 Comp-XM Business Competency Exam 50 Fundamentals or ETS Major Exit Exam 50 Total Course Points 600 Available Bonus Points 10 Total Possible Points 610 Bonus Point Opportunities: 1. ETS Review Practice Quizzes (10 points) Grading Scale (based on 1,000 points): A = 537 points and above (90% +) B = 477 to 536 points (80 89%) C = 417 to 476 points (70 79%) D = 357 to 475 points (60 69%) F = Less than 357 points W = Withdrawal before deadline WF = Withdrawal after deadline The point scores earned are absolute. Given the inclusion of bonus points, there will be no rounding up to the next grade. Course Administration: GaVIEW Desire2Learn: ( This course will be administered though the Desire2Learn course management system. All communication for MGMT 4750 will be handled through the course Web site. The D2L Class Bulletin Board will be used for general class communication between class sessions. D2L will be used for one-to-one communication. You should access D2L on a daily basis. Student training for D2L (online videos and tutorials) is available at MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 4 of 10

5 Academic Integrity: Academic integrity is of paramount importance at Clayton State University. Students are expected to abide by the Student Code of Conduct as outlined in the University s official Student Handbook. Student Policies: Students are expected to abide by all policies in the University Catalog, Student Handbook, and the list of Basic Student Responsibilities posted on the Registrar s Web site: Special Accommodations: Individuals with disabilities who need to request accommodations or obtain this The CSU policy concerning children in classes and on-campus: Children are not permitted in classrooms. Faculty will not allow children to be present in their classrooms. If a student brings children to class, the student and children must be told to leave the classroom. Unattended children will not be permitted on-campus (in hallways, the gym, the library, outside of buildings, etc.). Public Safety ( ) will be notified if unattended children are observed on campus. If faculty or staff observe unattended children oncampus, they are responsible for informing Public Safety. The campus police will take any unattended children to the classroom of the parent, and will get the parent out of class. The parent will not be permitted to bring such children into the classroom. Parents are referred to Campus Life (UC Room 258, ) for information concerning childcare facilities off-campus. document in an alternative format, please contact the Disability Services Coordinator, Student Center 255, Other Information / Reminders: Please observe good classroom etiquette: cell phones and pagers off, computers closed unless being used in a classroom assignment. Please review the full university policy on disruptive classroom behaviors: Please feel free to seek individual assistance from the professor. Be sure to check the College of Business Web site for academic and career advisement: Course Schedule: The following course schedule provides a detailed checklist of topics and assignments by week. This syllabus / course outline provides a general plan for the course. The professor reserves the right to make periodic changes to content, requirements, and schedule to accommodate the needs of the class and to fulfill the goals of the course. Our Mission The Mission of the College of Business is to: Prepare a diverse student body for business and professional careers by providing a quality education. Provide a student-centered environment, using technology to enhance student learning. Support faculty in applied and instructional research and service to the profession. Serve primarily the metropolitan Atlanta area. MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 5 of 10

6 MGMT 4750: Strategic Management Course Schedule and Checklist: Summer Semester, 2014 In Preparation for Class on Thursday, May 29 Preview MGMT 4750 course content on Desire2Learn ( o D2L will be available by Monday, May 26, 1:00 p.m. Print, read, and bring to class the Syllabus / Course Schedule (distributed by list-serve CSU e- mail; also available via D2L or at Prepare a one-minute presentation for the class, introducing yourself and explaining why you should be selected by your peers as a CEO to lead a team in the Foundation business simulation. CEO ballots will be issued this class. Read Chapter 1 (Understanding Business Strategy by Ireland, Hoskisson, & Hitt). Print, read, and bring to class the following documents (D2L >Content >Course Requirements): Quiz Ground Rules Foundation Getting Started Checklist ETS Exam Preparation Print and bring six copies of your resume to class. Class Agenda for Thursday, May 29 o Course orientation o Course requirements o CEO presentations o CEO selection o CEO interviews o CEO team selection meeting (after class) In Preparation for Class on Tuesday, June 3 Read and study Chapter 2 Listen to Chapter 2 Audio/PowerPoint Lecture Complete Quiz C-2 (20 points) Follow the instructions in the Foundation Getting Started Checklist (D2L>Content>Course Requirements) and complete the pre-work for the simulation (30 points) Print, read, and bring to class the following document: Peer Evaluation Instructions. Class Agenda for Tuesday, June 3 o Introduction to strategy / Chapter 2 debrief o Team orientation and planning o Foundation: Practice Round 1 decisions and processing o Practice Round 1 debrief o Peer evaluation discussion MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 6 of 10

7 In Preparation for Class on Thursday, June 5 Read and study Chapter 3 Listen to Chapter 3 Audio/PowerPoint lecture Complete Quiz C-2 (20 points). Continue reading and studying Foundation Team Guide Class Agenda for Thursday, June 5 o Chapter 3 debrief o Foundation: Practice Round 2 decisions and processing o Foundation: Practice Round 2 debrief o Comp-XM practice question o Reset, begin decision process for Foundation Competition Round 1 In Preparation for Class on Tuesday, June 10 Submit decisions for Competition Round 1 (due Sunday, June 8, 11:00 p.m.) Complete Peer Evaluation # 1 and submit by 11:00 p.m. Monday, June 9 Capsim>Homework>Legacy Peer Evaluation>Select hyperlink Read and study Chapter 4 Listen to Chapter 4 Audio/PowerPoint lecture Complete Quiz C-4 (20 points). Class Agenda for Tuesday, June 10 o Chapter 4 debrief o Comp-XM practice question o Foundation: Competition Round 1 debrief o Foundation: Competition Round 2 decisions and processing o Foundation: Competition Round 2 debrief o Begin decisions for Competition Round 3 Reminder: Continue working on ETS review modules and practice quizzes MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 7 of 10

8 In Preparation for Class on Thursday, June 12 Study for Exam 1(See Exam Study Guide in D2L Assignments folder) Class Agenda for Thursday, June 12 o Exam 1(covering Chapters 1-4) o Comp-XM practice question o Foundation: Competition Round 3 decisions and processing o Foundation: Competition Round 3 debrief o Begin decisions for Competition Round 4 In Preparation for Class on Tuesday, June 17 Submit team decisions for Competition Round 4 (due Sunday, June 15, 11:00 p.m.) Complete Peer Evaluation # 2 and submit by 11:00 p.m. Monday, June 16 Capsim>Homework>Legacy Peer Evaluation>Select hyperlink Read and study Chapters 5 and 6 Listen to Chapters 5 and 6 Audio/PowerPoint lectures Complete Quizzes C-5 and C-6 (20 points each) Class Agenda for Tuesday, June 17 o Chapter 5 and 6 debrief o Comp-XM practice question o Foundation: Competition Round 4 debrief o Foundation: Competition Round 5 decisions and processing o Foundation: Competition Round 5 debrief o Begin decisions for Competition Round 6 Reminder: Continue working on ETS review modules and practice quizzes MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 8 of 10

9 In Preparation for Class on Thursday, June 19 Read and study Chapter 7 Listen to Chapter 7 Audio/PowerPoint lecture Complete Quiz C-7 (20 points) Listen to Comp-XM Audio/PowerPoint lecture (Assignments folder) Print, read, and bring to class the following documents: Board Presentation Instructions Comp-XM Instructions. Class Agenda for Thursday, June 19 o Chapter 7 debrief o Comp-XM practice question o Foundation: Competition Round 6 decisions and processing (final round) o Foundation: Competition Round 6 Debrief o Award competition grade points o Board presentation instructions o Comp-XM briefing Comp-XM Exam opens Friday, June 20 8:00 a.m. and closes Thursday, June 26, 11:00 a.m. Reminder: The exit exams (Comp-XM and ETS) are a requirement for the course. Students who do not participate in the exit exams will receive an incomplete for MGMT In Preparation for Class on Tuesday, June 24 Read and study Chapter 8 Listen to Chapter 8 Audio/PowerPoint lecture Complete Quiz C-8 (20 points) Study for Exam 2 (Chapters 5-8) Class Agenda for Tuesday, June 24 o Chapter 8 debrief o Exam 2 (Chapters 5-8) o Team time: presentation preparation Reminder: Instructor and Course Evaluations are available on the DUCK, June MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 9 of 10

10 For Class on Thursday, June 26 Complete Peer Evaluation # 3 and submit by 11:00 p.m. Tuesday, June 24 Capsim>Homework>Legacy Peer Evaluation>Select hyperlink Complete preparation for ETS Exam Complete preparation for Board Presentation Complete Peer Evaluation Scorecards Class Agenda for Thursday, June 26 o ETS Major Field Test in Business (Testing Center CSU East; 1:00 to 3:00 p.m.) o Presentations (T-152; 3:30 to 5:50 p.m.) o Andrews o Baldwin o Chester o Digby o Erie o Submit Peer Evaluation Scorecards o Celebrate Class Completion! Graduation: The goal is in sight! MGMT 4750 Summer 2014 Syllabus and Schedule - Final Page 10 of 10

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