Str_581_Syllabus

Course Materials Barney, J. B. (2007). Gaining and sustaining competitive advantage (3rd ed.). Upper Saddle River, NJ: Pearson-Prentice Hall. Mintzberg, H., Ghoshal, S., Lampel, J., & Quinn, J. B. (2003). The strategy process: Concepts contexts cases (4th ed.). Upper Saddle River, NJ: Pearson-Prentice Hall. Pearce, J. A. & Robinson, R. B. (2007). Strategic management: Formulation, implementation, and control (10th ed.). Boston: McGraw-Hill/Irwin. All electronic materials are available on your student Web site. Weekly Point Values Week One Individual Assignment: Ethics Reflection Paper 8 Participation/Discussion Questions 4 Week Two Individual Assignment: Environmental Scan and Summary 10 Participation/Discussion Questions 4 Week Three Individual Assignment: Strategic Plan Update—Draft I 10 Participation/Discussion Questions 4 Week Four Learning Team Assignment: Strategy Paper 10 Participation/Discussion Questions 4 Week Five/ Participation/Discussion Questions 4 Individual Assignment: Strategic Plan Update—Draft II 12 Week Six Individual Assignment: Strategic Plan Update—Final Version 15 Individual Assignment: Final Examination 15 Point Total 100 Week One Mission, Vision, and Values • Identify major components of a strategic management process. • Define organizational mission, vision, and values statements. • Explain the role of ethics and corporate social responsibility in strategic planning. Course Assignments 1. Readings • Read Ch. 1 of Strategic Management. • Read Ch. 2 of Strategic Management. • Read Ch. 1.1 of The Strategy Process. • Read Ch. 1.3 of The Strategy Process. • Read Ch. 1.3 of Gaining and Sustaining Competitive Advantage. • Read this week’s Electronic Reserve Readings. 2. Discussion Questions/ Due Thursday, Day 3 • Assessed: What are the major components of a strategic management process' Which of these components is the most difficult for managers to perform' Explain your answer. • Where have you seen organizational mission, vision, and values statements that were misleading' How did that affect the organization' 3. Individual Assignment: Ethics Reflection Paper/ Due Monday, Day 7 • Resources: Ethics Awareness Inventory and Ethical Choices in the Workplace assessments • Use the Ethics Awareness Inventory and Ethical Choices in the Workplace assessments to revisit your personal and professional values. • Write a paper of no more than 1,050-words in which you do the following: o Explain the role of ethics and social responsibility in developing a strategic plan, considering stakeholder needs. o Explain how your ethical perspective has evolved throughout the program. • Format your paper according to APA standards. Week Two Environmental Scanning • Determine how to create value and sustained competitive advantage through strategy. • Evaluate an organization’s internal and external environments using an environmental scan. Course Assignments 1. Readings • Read Ch. 3 of Strategic Management. • Read Ch. 5 of Strategic Management. • Read Ch. 13 of Gaining and Sustaining Competitive Advantage. • Read Ch. 14 of Gaining and Sustaining Competitive Advantage. • Read Ch. 15 of Gaining and Sustaining Competitive Advantage. • Read this week’s Electronic Reserve Readings. 2. Discussion Questions/ Due Thursday, Day 3 • Assessed: How would you determine if a strategy has created value and sustained competitive advantage for Kudler Fine Foods' • How might an evaluation of an organization be beneficial' How might it be detrimental' 3. Individual Assignment: Environmental Scan and Summary /Due Monday, Day 7 The Executive Team at Kudler has expressed a desire to grow more rapidly and as a result Kudler must consider some alternative strategies. • Resources: Kudler’s Fine Foods within the Virtual Organizations • Perform an environmental scan of the Kudler Fine Foods Virtual Organization. • Write a summary of no more than 700-words of Kudler’s internal and external environments. Note. With your instructor’s approval you may use your own organization for the remaining individual assignments. Submit a request to your instructor this week if you are interested. You must perform an environmental scan for your own organization if you choose this option with the approval of your instructor. The team assignment this week is required either way. You submit an environmental scan for your own organization as part of your strategic plan in Week Six. Week Three Strategic Options • Compare and contrast strategic plan options. Course Assignments 1. Readings • Read Ch. 6 of Strategic Management. • Read Ch. 7 of Strategic Management. • Read Ch. 8 of Strategic Management. • Read this week’s Electronic Reserve Readings. 2. Discussion Questions/ Due Thursday, Day 3 • Assessed: Through your research, select two of the strategic plan options that could apply to Kudler Fine Foods. What are the strengths and weaknesses of each option' How does each of the two choices fit with the organization' • When facing a choice between strategic plans of similar value, how would you determine which strategic plan to incorporate' 3. Individual Assignment: Strategic Plan Update—Draft I/ Due Monday, Day 7 • Resources: Kudler’s Fine Foods within the Virtual Organizations • Begin updating the 2003 strategic plan for Kudler Fine Foods or your own organization, with approval from your instructor. The link to the Kudler Fine Foods organization may be found on your student Web site. • Write a 350-word APA formatted draft of part of the strategic plan, including a revised organizational mission, vision, and values statements. • Format your paper according to APA standards.