Strategic Management Course Overview at Auburn University

1. Introduction toMNGT4800: Strategic Management Dr. Shook

2. Agenda • What’s up with this course? • Getting acquainted

3. FORGETwhat you have heard about this class • IGNOREwhat is going on in other sections

4. What’s up with this course? • Benefits • Requirements

5. Benefits • Sharpened abilities to think strategically • Understanding of frameworks to analyze an organizations’ external and internal environments

6. Benefits (continued) • Increased capacity to identify strategic issues and alternatives • Experience in formulating and implementing strategic plans • Integrated knowledge

7. Auburn Creed • I believe that this is a practical world and that I can count only on what I earn. Therefore, I believe in work, hard work. • I believe in education, which gives me the knowledge to work wisely and trains my mind and my hands to work skillfully. • I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men. • I believe in a sound mind, in a sound body and a spirit that is not afraid, and in clean sports to develop these qualities. • I believe in obedience to law because it protects the rights of all. • I believe in the human touch, which cultivates sympathy with my fellow men and mutual helpfulness and brings happiness for all. • I believe in my Country, because it is a land of freedom and because it is my own home, and that I can best serve that country by "doing justly, loving mercy, and walking humbly with my God." • And because Auburn men and women believe in these things, I believe in Auburn and love it.

8. How are we going to get these benefits? • Text Readings and Lectures

9. How are we going to get these benefits? Case Analyses

10. How are we going to get these benefits? Simulation

11. BLACKBOARD

12. Highlights from Syllabus • Prerequisites • FINC 3610 • MNGT 3100 • MKT 3310 • Do assessment, attesting to syllabus and prereqs, in Blackboard

13. Contact Details • 445 Lowder • Monday and Wednesday, 1 – 2 • 844-6516 • shookcl@auburn.edu

14. Highlights from Syllabus • Required Texts • Strategic Management: Text and Cases 2nd edition, Dess, Lumpkin and Eisner, 2006. • Registration in Capstone Business Simulation

15. Highlights from Syllabus • Grade Components • Exams 60% • Two midterms and one final – 20% each • Solo Rehearsal Simulation Results 5% • Simulation Performance 15% • Simulation Shareholders’ Report and Meeting 10% • Quizzes 5% • Case Presentation 5%

16. Highlights from Syllabus • Simulation Performance and Shareholders’ Report and Meeting are adjusted by peer evaluations • Grades * Multiplier • Multiplier = Individual’s averaged evaluation/ average peer evaluation across group • If you fail to complete the peer evaluation by 8 a.m. on 4/25, your peer evals will be adjusted downwards 25%.

17. Highlights from Syllabus • Policy Regarding Unannounced Quizzes and Class Attendance • Quizzes can not be made up • Missed Exams will receive a zero unless: • Absence Approved in ADVANCE - Tiger Cub Excuses only! • Legitimate Emergency • Contact me ASAP • Prior Approval was not possible. • Makeup exams may be different format.

18. Highlights from Syllabus • Students with Disabilities • See me during office hours (or make an appointment) with Accommodations Memo • If you need an Accommodations Memo, contact Program for Students with Disabilities

19. Highlights from Syllabus • Course Policies • Failure to correctly complete the scantron, will result in letter grade deduction on test. • Final Grades • 90%, 80%, 70%, 60% Scale • Rounding only if:1) student’s individual grade is higher than group grade; and, 2) student’s attendance was exceptional. • Professor reserves right to alter schedule • Grades may be contested only within 5 days of posting.

20. Highlights from Syllabus • Course Policies (cont’d) • Groups may fire member as disciplinary measure. Fired members must complete requirements individually. • Lab Instructors may answer only technical questions. They may not give advice.

21. Highlights from Syllabus • Course Outline • Key Due Dates

22. Who is Dr. Shook?

23. Education • Ph.D. – Strategic Management, LSU -1997 • MBA – Ole Miss • BSBA, Accounting – University of Northern Colorado • CPA – State of Colorado

24. Who is Dr. Shook? • Previous Teaching Experience • Academy of Economic Studies, Bucharest Romania • University of Texas, Arlington • ESCEM – Poitiers, France • ESC-Pau, France • Northern Illinois University • Previous Work Experience • 2 Regional CPA firms – Colorado • Federal Reserve Bank

25. Who is Dr. Shook? • Personal • Spouse – Linda (29), U of A • Daughters - Meridith (17) & Caroline (15) • Pets – 2 dogs and 1 cat • Hobbies • International Travel • Health Plus • French

26. Who is Dr. Shook? • Pet Peeves • Discourteous Behavior in Class • Cell phones in class • Reading paper in class • Conversations in class • Lack of Personal Responsibility • Your goal this semester should be to avoid being added to my portfolio of SSS.

27. Who are You? Stand up if you are:

28. Who are You? • From: • Another country than the USA • Another State • Birmingham • North Alabama • South Alabama

29. Who are You? • Student Athlete

30. Who are You? • Greek System

31. Who are You? • Band

32. Who are You? • Work

33. Who are You? • Have no life