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44285 F14 Coleman

MIS 44285 Fall 2014

CRN 16156

Integrated Business Policy and Strategy

Kent State University

Time: Thursday 5:30 -8:15pm

Classroom: College of Business Room 200

PROFESSOR: Robert Coleman

E-mail: rcolem12@kent.edu

Phone: 440-463-1811

Office Hours: TBA

READING MATERIALS:

Required: Strategic Management: Competitiveness and Globalization Concepts and Cases, 10th edition,

2013, Hitt, Ireland, & Hoskisson

Hardcover or E-book is available but must have access to 10th edition cases

Hardcover ISBN: 1111825874

E-book(Cengagenow) ISBN/access code: 9781133495161

Supplemental readings are found on Library E reserves. Password provided in class.

Optional/Recommended: Access to contemporary business news articles through the Wall Street Journal

or Business Week so current events can be included in class discussions.

COURSE DESCRIPTION:

The fundamental purpose of the firm is to create and sustain competitive advantage enabling it to earn

superior returns for its multiple stakeholders. Strategic management provides the framework and tool set

to analyze complex business situations and make optimal decisions to enable the company to win against

its competition. This course will combine theoretical concepts and practical application to improve your

ability to conduct strategic analysis and sharpen your executive decision making skills. It will explain

how and where companies choose to compete and the critical success factors related to both strategic

decision making and effective implementation. We will examine how strategic challenges and

approaches are different for individual business units, corporations, and diversified international

enterprises. The overall perspective taken is that of the general manager who is charged with optimizing

the total organization effectiveness as ultimately measured by generating sustainable above market

growth and profitability. This course will challenge you to integrate and synthesize previous learning’s

from multiple business disciplines and improve your understanding of what ultimately leads to long-term

business success.

LEARNING OBJECTIVES/OUTCOMES:

(1) Gain working knowledge of important and influential strategic management principles, concepts,

models, and tools.

(2) Demonstrate ability to apply strategic management learning’s to actual business cases resulting in

insightful analysis, conclusions, and recommended actions.

(3) Strengthen ability to concisely communicate your thoughts both verbally and in writing while

also constructively engaging colleagues in group discussions and decision making.

(4) Develop the mindset and capability to truly think strategically when approaching critical

decisions with long-term consequences.

CLASS FORMAT:

Course will consist of a combination of lectures, case analysis/discussion, case write-ups, team-led case

discussions, and exams. Each week you will be assigned a chapter to read and study/discussion questions

to prepare. Most weeks a new case will also be assigned. My lectures will review and extend what you

have read with three primary objectives:

(1) Reinforce main concepts

(2) Discover and clarify any questions and misconceptions

(3) Explore current, real-life examples of the topic whenever possible

The cases provide actual business situations requiring the application of the concepts and tools. Cases

will be utilized in several ways as follows:

(1) There will be full class discussions with my role being the discussion facilitator guiding the

process and asking questions. Students are expected to actively participate by being fully

prepared, engaging in the material, and taking ownership for active class discussion.

(2) Formal case write-ups due at the beginning of class will be assigned two times and represent 20%

of the overall grade. We will discuss the cases with the full class that session, but I will provide

additional feedback on the write-ups the following week.

(3) Teams will be assigned and be required to present one class case discussion with all team

members participating.

Discussion questions and required case analysis and deliverables will be provided when actual cases are

assigned.

WORK EXPECTATIONS:

Thoughtful preparation in advance for all chapter and case discussions is critical to maximize the benefit

of the group interaction and learning process. Everyone is required to prepare and bring their study

question and/ or case analysis answers for each session. Frequently I will collect these ( in class only) and

they will count toward your overall participation grade.

For each class session, you are expected to be prepared as follows:

(1) Have read the assigned chapter and case

(2) Prepared answers related to the study questions and/or case analysis

(3) Actively participate in class discussions

 Ask questions

 Lead a discussion

 Contribute to a discussion

 Be prepared to be called upon

Active in-class engagement represents a significant portion of your grade. Participation credit will be

evaluated based on:

 Knowledge of assigned readings

 Evidence of analysis related to cases

 Active listening and constructively challenging others

 Ability to discern facts from opinions

 Supporting conclusions with facts and analysis

You must be an active, effective, and consistent contributor to get a good participation grade by the end of

the term. I will be keeping track of individual contributions with the aid of assigned seating and credit

participation as follows:

Absent: (-2) points. Attendance is very important for effective group discussion. Everyone will be

granted one unexcused absence but beyond that it will compromise the participation grade.

Present/Prepared: 1 point. Completing the assigned homework which will be frequently collected (in

class only) is a source of participation credit. However, your submittal must show true effort and

comprehension of the material to receive a point of credit.

Session Contributor: 2 points. When you contribute (voluntarily or prompted by the professor) useful

ideas, questions and /or comments in class you will get additional credit for the session.This will be based

on quality and not quantity of inputs. Be prepared and plan to contribute to every class.

Your final participation score will be the sum of your points in all sessions. I will provide an indication

of your score at mid-term but will not be updating it weekly.

Full term Participation points will correspond to the following grades:

21+ A

16-20 B

11-15 C

6-10 D

< 6 F

Expect to invest a minimum of four hours to prepare for each class and more when formal case write-ups

or team-led case facilitation is due. The text, assigned articles, and lectures will all be key sources of

exam questions so plan to read the weekly assignments.

GRADING:

Examinations: 60%

First Exam 20%

Second Exam 20%

Final Exam 20%

Case Write-Ups (2): 20%

Participation: 10%

Team Presentation 10%

GRADING SCALE:

Grading will be on a +/- scale as follows:

93.34 - 100.00% A

90.00 - 93.33% A-

86.67 - 89.99% B+

83.34 - 86.66% B

80.00 - 83.33% B-

76.67 - 79.99% C+

73.34- 76.66% C

70.00 - 73.33% C-

66.67 - 69.99% D+

60.00 - 66.66% D

00.00- 59.99% F

Final grades will be converted to GPA using the University guidelines.

4.0 A

3.7 A-

3.3 B+

3.0 B

2.7 B-

2.3 C+

2.0 C

1.7 C-

1.3 D+

1.0 D

0.0 F

CASE WRITE-UPS:

Case reports are intended to be executive summaries focused on your analysis, conclusions, and

recommendations so refrain from repeating the case background and information already provided. The

reader is primarily interested in you effectively answering the discussion questions by:

(1) Utilizing appropriate strategic management concepts and tools

(2) Demonstrating insightful analysis of facts to draw well-supported conclusions

(3) Presenting arguments succinctly in a clear, brief, persuasive executive summary

Format:

Include cover page with case title, your name, date

Use 1” margins and 12 font

Not to exceed four pages (including cover)

COURSE POLICIES

LATE ASSIGNMENTS:

Assignments may be turned in prior to the due date for full credit. Late work without advance

arrangements due to special circumstances will receive no credit. Assignments are due at beginning of

class on the date noted.

MISSED CLASSES:

Missed classes will directly impact your participation grade. In case of unavoidable absence, contact your

team members for any notes and assignments.

MISSED TESTS:

It is your responsibility to be in class at the assigned date and time for each exam (unless arrangements

were made in advance for an alternative time—see Test Make-up Policy below). In order to adhere to

standards of professionalism and academic rigor, as well as out of fairness to students that meet course

requirements, there will be no make-up tests for missed exams. The only exception to this policy might

be under the rare circumstance of a last-minute emergency (i.e., accident, sudden illness, etc.)-see

“unplanned absences” below.

TEST MAKE-UP:

Since tests are scheduled during regular class periods or during the exam week, there should be no time

conflicts with other classes. Hence, make-up tests will be arranged only under extenuating circumstances

that justify your absence. There are two types of justified exam absences:

Planned absences: If you do have an unavoidable time conflict (e.g., job interview trip,

intercollegiate sports team travel), speak to me well in advance of the scheduled test date to make

arrangements for an alternate time. There will be no make-up tests provided due to planned absences

unless arrangements are made with me at least a week in advance of the test date. Also, no make-up test

will be permitted more than one week after the regularly scheduled test date.

Unplanned absences: If an unplanned circumstance (i.e., illness or medical emergency) were to

occur that makes you unable to attend an exam, you (or someone on your behalf) must get in touch with

me as soon as possible, via phone or e-mail (indicating a phone number where you or the contact person

can be reached). You will also need to provide a doctor’s note or other proper verification of the

confining emergency. Make-up tests will be provided only if and when your inability to physically attend

the scheduled exam has been established. UNIVERSITY POLICIES

University Policies

Academic Honesty: Cheating means to misrepresent the source, nature, or other conditions of your academic

work (e.g., tests, papers, projects, assignments) so as to get undeserved credit. In addition, it is considered to

cheating when one cooperates with someone else in any such misrepresentation. The use of the intellectual

property of others without giving them appropriate credit is a serious academic offense. It is the University's

policy that cheating or plagiarism result in receiving a failing grade for the work or course. Repeat offenses

result in dismissal from the University.

Withdrawal Deadline: For Fall 2014, the course withdrawal deadline is Nov 2, 2014.

Disabled Students: University policy 3342-3-01.3 requires that students with disabilities be provided

reasonable accommodations to ensure their equal access to course content. If you have a documented

disability and require accommodations, please contact the instructor at the beginning of the semester to

make arrangements for necessary classroom adjustments. Please note, you must first verify your

eligibility for these through Student Accessibility Services (contact 330-672-3391 or visit

http://www.registrars.kent.edu/disability/ for more information on registration procedures).

Enrollment/Official Registration: Students have responsibility to ensure they are properly enrolled in

classes. You are advised to review your official class schedule (using Student Tools on FlashLine) during the

first two weeks of the semester to ensure you are properly enrolled in this class and section. Should you find

an error in your class schedule, you have until Sept 7 to correct the error. If registration errors are not

corrected by this date and you continue to attend and participate in classes for which you are not officially

enrolled, you are advised now that you will not receive a grade at the conclusion of the semester for any class

in which you are not properly registered.

Graduation: If you are eligible to graduate, it is your responsibility to apply for graduation before the set

deadline (May Graduation: Apply before September 15th August Graduation: Apply before December

15th December Graduation: Apply before March 15th) If you apply after the deadline you will be

assessed a $200 late fee. Please see your academic advisor as soon as possible if you are uncertain as to

your progress toward graduation. To apply for graduation complete the following steps: Log onto your

Flashline account 1. Click on the Student Tools tab, 2. Look in the Graduation Planning Tool Box, 3.

Click on Application for Graduation. If an error message appears, you must contact your advisor.

Outcomes assessment is a requirement for M&IS 44285, Business Policy/Strategy. Therefore, if you are

enrolled in this course during the current semester, you must complete two outcome measures as part of

your class, regardless of when you are actually graduating. More information will be shared by your

professor during the summer session. Completion of the two measures is required for you to receive your

final grade in M&IS 44285.

Note: Material in syllabus should be considered nominal and subject to change due to various constraints

such as weather, illness, or other unexpected issues.

COURSE SCHEDULE*

WEEK 1 – August 28, 2014

Read: Course Syllabus

Chapter 1, Hitt et al (10th edition)

Briefing: Course Overview

Lecture: Introduction to Strategic Management

Review Questions: (TBD)

WEEK 2 – September 4, 2014

Read: Hitt, Chapter 2

Preparing Effective Case Analysis, Hitt pg. vii – xv

Lecture: External Environment Analysis

Introduce Porter 5 Forces Model

Review Questions: (TBD)

Assign Case (MGM)

WEEK 3 – September 11, 2014

Case Discussion: MGM (full class)

Read: Michael Porter article” The 5 competitive forces that shape strategy”

Lecture: Porter 5 Forces continued

Review Questions: (TBD)

WEEK 4 – September 18, 2014

Read: Hitt, Chapter 3 and J. Barney article “Looking inside for competitive advantage”

Lecture: Internal Environment Analysis

Review Questions: (TBD)

Assign Case: (Microsoft) for written submission

WEEK 5 – September 25, 2014

Read: Hitt, Chapter 4

Case Write-up Due

Case Discussion: Microsoft (full class)

Lecture: Business Level Strategy

Review Questions: (TBD)

Exam 1 Prep

WEEK 6 – October 2, 2014

Read: Hitt, Chapter 5

Lecture: Competitive Rivalry/Dynamics

First Exam: (Chapters 1 – 4)

WEEK 7 – October 9, 2014

Read: Hitt, Chapter 6

Review Exam Results

Lecture: Corporate Level Strategy

Review Questions: (TBD)

Assign Case: (Reynolds)

WEEK 8 – October 16, 2014

Read: Hitt, Chapter 7 & Ecceles article “ Are you paying too much for that acquisition?”

Case Discussion: Reynolds (full class)

Lecture: Mergers and Acquisitions

Review Questions: (TBD)

Assign Case: (Best Buy) for written submission

WEEK 9 – October 23, 2014

Read: Hitt, Chapters 8 & 9

Case Write-up Due

Case Discussion: Best Buy (full class)

Lecture: International and Cooperative Strategy

Review Questions: (TBD)

WEEK 10 – October 30, 2014

Read: Hitt, Chapter 10

Lecture: Corporate Governance

Review Questions: (TBD)

Assign Case: (Foley)

Team Presentation Preparation

WEEK 11 – November 6, 2014

Read: Hitt, Chapter 11

Case Discussion: Foley (full class)

Lecture: Structure and Controls

Review Questions: (TBD)

Exam 2 Prep

WEEK 12 – November 13, 2014

Second Exam ( Chapters 5-11)

Read : Hitt Chapter 12

Lecture: Strategic Leadership/Entrepreneurship

Review Questions (TBD)

WEEK 13 – November 20, 2014

Review Exam Results

Team Presentations

WEEK 14 - November 27 2014 No Class – Thanksgiving Break

WEEK 15 – December 4, 2014

Team Presentations

Prep for Final

WEEK 16 – December 11, 2014

Final Exam 5:45-8:00pm

* All Cases are from the Hitt text , 10th Edition

* Articles are found on Library E Reserves Password is

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