MNGT 5650 - Webster University
MNGT 5650 - Webster University
MNGT 5650 - Webster University
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Course<br />
<strong>MNGT</strong> <strong>5650</strong> - Management & Strategy<br />
Term Spring 1, 2013<br />
Instructor<br />
Catalog<br />
Description<br />
Prerequisites<br />
Course Statement<br />
of Objectives<br />
Course Level<br />
Learning<br />
Outcomes<br />
Name: John Dylik<br />
Phone (work): (847) 455-8001 ext. 4315<br />
Phone (home): (708) 352-2327<br />
E-mail (work): dylikjj@wernerco.com<br />
This course introduces the basic analytical concepts and processes<br />
underlying environmental scanning, strategy formulation, strategy<br />
implementation, and evaluation and control strategies. The course also<br />
addresses specific topics, including the central role of the organization’s<br />
purpose in formulating effective strategy, the identification, development<br />
and leveraging of core competencies, the increasing use of strategic<br />
alliances, diversification and globalization and the organization’s ability<br />
to develop and sustain competitive advantages.<br />
Incoming competency of the student expected by the instructor: the<br />
student should have a combination of (1) some practical organizational<br />
experiences, (2) completion of <strong>MNGT</strong> 5000 or course waiver, (3) a basic<br />
understanding of management, financial, and marketing principles, (4)<br />
ability to function at the Master’s level of academic work, (5) ability to<br />
function as a team member in small groups, (6) the ability to perform<br />
independent study and research activities, (7) ability to prepare clear,<br />
concise, graduate level presentations.<br />
1. Familiarize the student with the role of strategic decision making<br />
in the success of a business.<br />
2. Prepare the student to investigate, evaluate and identify strategic<br />
advantage in the market place.<br />
3. Provide the student with low-risk experience in the formation of<br />
strategic decisions that influence the long-term direction and<br />
performance of an organization.<br />
Upon successful completion of this course, the student will be able to:<br />
1. Define, discuss, and recognize important terminology, facts,<br />
concepts, principles, analytic techniques, and theories used in the<br />
strategic management.<br />
2. Apply appropriate terminology, facts, concepts, principles,<br />
analytic techniques, and theories used in strategic management<br />
when analyzing moderately complex factual situations involving<br />
problems requiring strategic management<br />
3. Develop solutions to moderately complex factual situations
involving problems requiring strategic management using<br />
appropriate terminologies, facts, concepts, principles, analytic<br />
techniques, and theories relating to strategic management.<br />
4. Generate reasonable methods for implementing strategic<br />
management techniques needed to solve organizational problems.<br />
5. Evaluate the quality of their proposed strategic management<br />
techniques against appropriate criteria used in strategic<br />
management studies, including organizational constraints.<br />
6. Identify and discuss the interrelationships among the concepts,<br />
principles, and theories taught in this strategic management<br />
course.<br />
7. Discuss the relevance and application of the concepts, principles,<br />
and theories taught in this strategic management course to<br />
contemporary events.<br />
Materials Author(s): Hitt, Michael A. / Ireland, R. Duane / Hoskisson, Robert E.<br />
Title: Strategic Management: Concepts: Competitiveness and<br />
Globalization<br />
ISBN-10: 1133495230; ISBN-13: 978-1133495239<br />
Edition / Copyright: 10 th Edition<br />
Publisher: Thomson Learning<br />
Book Type: Paperback<br />
Available via MBS Direct: (800) 325-3252 or www.mbsdirect.net/webster<br />
Grading<br />
In-class participation: 25%<br />
Briefs (4): 40%<br />
Term Project/Presentation: 35%<br />
Total 100%<br />
Activities<br />
Readings & Assignments:<br />
Students are expected to have read the required chapters prior to each<br />
meeting and be prepared to apply their key learnings during in-class<br />
practica.<br />
Briefs:<br />
Four briefs will be assigned, each being 3-5 pages in length<br />
(keyboarded, single-spaced, and in accordance w/APA style.). Each<br />
brief will build towards the Term Project. Format and topics will be<br />
covered during Week 1.<br />
Term Project:<br />
During the Week 1 class, the students will divide themselves into 3-5<br />
project teams. Each team will be assigned one of the major competitors<br />
from the strategic group being analyzed that term. Each team will then<br />
prepare and present a term project based upon independent research of<br />
their assigned company. Additional information will be provided on<br />
Week 1.
from the strategic group being analyzed that term. Each team will then<br />
prepare and present a term project based upon independent research of<br />
their assigned company. Additional information will be provided on<br />
Week 1.<br />
Policy Statements:<br />
<strong>University</strong> policies are provided in the current course catalog and course<br />
schedules. They are also available on the university website. This class is<br />
governed by the university’s published policies. The following policies<br />
are of particular interest:<br />
<strong>University</strong> Policies<br />
Academic Honesty<br />
The university is committed to high standards of academic<br />
honesty. Students will be held responsible for violations of these<br />
standards. Please refer to the university’s academic honesty<br />
policies for a definition of academic dishonesty and potential<br />
disciplinary actions associated with it.<br />
Drops and Withdrawals<br />
Please be aware that, should you choose to drop or withdraw from<br />
this course, the date on which you notify the university of your<br />
decision will determine the amount of tuition refund you receive.<br />
Please refer to the university policies on drops and withdrawals<br />
(published elsewhere) to find out what the deadlines are for<br />
dropping a course with a full refund and for withdrawing from a<br />
course with a partial refund.<br />
Special Services<br />
If you have registered as a student with a documented disability<br />
and are entitled to classroom or testing accommodations, please<br />
inform the instructor at the beginning of the course of the<br />
accommodations you will require in this class so that these can be<br />
provided.<br />
Disturbances<br />
Since every student is entitled to full participation in class without<br />
interruption, disruption of class by inconsiderate behavior is not<br />
acceptable. Students are expected to treat the instructor and other<br />
students with dignity and respect, especially in cases where a<br />
diversity of opinion arises. Students who engage in disruptive<br />
behavior are subject to disciplinary action, including removal from<br />
the course.<br />
Course Policies<br />
This syllabus may be revised at the discretion of the instructor without the<br />
prior notification or consent of the student. The schedule below presents<br />
an approximate expectation of course progress. The instructor reserves
the right to add, delete, or modify any weeks of this schedule. Any<br />
changes will be announced during class.<br />
Academic Dishonesty: <strong>Webster</strong> <strong>University</strong> strives to preserve academic<br />
honor and integrity by repudiating all forms of academic and intellectual<br />
dishonesty, including cheating, fabrication, plagiarism, and facilitation of<br />
academic dishonesty. Academic dishonesty is unacceptable and may<br />
result in disciplinary action, as outlined in the Graduate Studies catalog.<br />
Weekly Schedule<br />
Session Topic Readings/Events<br />
Week 1 Overview of Strategic Chapter 1; Teams assigned.<br />
Management<br />
Week 2<br />
The Impact of the<br />
Environment<br />
Chapters 2-3<br />
Week 3 Business-Level Strategy Chapters 4; First brief due.<br />
Week 4 Competitive Dynamics Chapter 5; Second brief due.<br />
Week 5 Corporate-Level Strategy Chapter 6<br />
Week 6<br />
Acquisition &<br />
Restructuring Strategies<br />
Chapter 7; Third brief due.<br />
Week 7 Selected Topics Chapters 8 & 12; Fourth brief due.<br />
Week 8 Small Group Work Small group work.<br />
Week 9 Final Presentations None.<br />
Additional<br />
Information<br />
None.