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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.

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