ࡱ> E jbjb l"""""""~~~~84~5~ :, B B B U u 25454545454545, 8 +:`5-" Q U `5""B B   "B "B 256"""" 25J(""~-v |\L ~~1 ,B~-55,::~- Required text: Thompson, A., Strickland, A.L., Gamble, J. (2005). Crafting and Executing Strategy: the Quest for Competitive Advantage, 14th ed., McGraw Hill- Irwin, [website:  HYPERLINK http://www.mhhe.com/thompson www.mhhe.com/thompson] Instructor website:  HYPERLINK http://www.sonoma.edu/users/g/gilinsky/ www.sonoma.edu/users/g/gilinsky/ Username: gilinsky Password: tba Welcome to our Spring 2005 Strategic Management course! My vision is to help you to generate world-class, cutting-edge business solutions. The overriding objective of this course is to provide the questions you need to ask to make the right decisions about the future of a business, whether it be a winery or a non-profit organization. Strategic management entails generating choices to be made among competing alternatives to produce a competitive advantage and earn above-average returns. Rapid technological change, mergers and acquisitions, increasing pressures for globalization, and changing local environments for businesses have heightened the urgency to ask the right questions about the future, such as: Which distinctive competencies should we be developing for our businesses? Where should we compete? How do we communicate our strategy to our stakeholders? We will indeed be fortunate to have your collective wisdom as well as that of a co-instructor from the wine industry and occasional guest speakers from the business community to help guide us through complex strategic issues. Learning objectives. The basic objective of this course is to teach you how to think and act strategically. By successfully completing BUS 491, you will learn: That there are interrelationships among the functional areas of an enterprise; How to develop skills in decision-making and oral and written presentation; How to analyze, formulate and implement strategies, especially the role of top management teams in performing these activities. By the end of the course, you should be able to research and analyze thoroughly a company, its industry and its competitors and to recommend a well-supported strategy to your Board of Directors. Course description. This course in business policy focuses on integrative, multifunctional approaches to the solution of organizational issues and problems. A practical perspective, rather than a merely theoretical one, is stressed via discussion of case studies. Why use a case-study approach? Three levels of learning take place: 1. We share the generalized insights of leading theoreticians; 2. We test the applicability and limits of these theories to specific case studies; and 3. You develop your own special amalgam of insights based upon empirical observations and inductive reasoning (from case analyses). How are cases used in BUS 491? As discussion vehicles for probing the benefits and limits of certain approaches; To provide class members with opportunities to apply and test concepts and tools related to dimensions of management thought (e.g., marketing, accounting, finance); To help you to understand the nature of better answers, as well as the complexity of reaching solutions and implanting them in organizations. What do youas class memberneed to do? First, understand what went on in that situation: What has changed? What are the key questions about the future that need to be answered? What further information is needed to answer those questions? Major emphasis is placed on action and implementation, not just on analysis. Each case features a top management team (TMT) facing a specific set of issues and problems. So, during the course, you will have an opportunity to see a wide range of TMTs in action, and to think about their specific choices and actions as if you were the TMT in charge. This course calls on you to integrate concepts of all other prerequisite business courses, i.e., bringing together and applying the learning from core courses to the analysis and solution of strategic management problems. The course is intended to enhance the following skills: 1. Your ability to decipher detail and to analyze information in order to identify and to diagnose the major problems and opportunities confronting business organizations; 2. Your ability to take a cross-functional, top management perspective in developing feasible overall strategies as well as specific problem solutions; 3. Your ability to decide from among alternative courses of action and to formulate feasible plans for their implementation; 4. Your ability to present a position and to defend it. Study group teams. Please form study groups consisting of two (2) or three (3) members, meeting regularly to discuss the cases and readings before they are discussed in class. The aim of these groups is to share and critique case analyses, to enhance class participation, and to discuss and complete the final assignment due on May 25th. Consider giving your team a name! Each day, class time will be set aside for meetings; as the course progresses, you will find it necessary to spend several hours meeting outside of class. Students may not change teams without prior permission of the instructor. Class participation. You should come prepared for class discussion of cases and supplemental readings, that is, with an outline or condensation of your case analysis, stating your perception of the underlying problem, some supportive data, and your recommended plan(s) of action. Bear in mind how difficult it is to assess your participation if you are absent from class! Attendance will be taken. Your class participation grade will be based on: 1) evidence of careful preparation of the cases and readings; 2) clarity and conciseness of your analysis; and 3) strong and convincing presentation of your findings and conclusions. Guidance for class participation is on p. 11. Performance evaluation. Strategic issues seldom have clear-cut or singularly right solutions. This means that my evaluation of your performance will be based upon your managerial aptitude in problem diagnosis, generation of solutions, and communication of your position. I will be looking for demonstration of logical argumentation and consistency in your thought processes. Grades will be based on your performance in (a) oral discussion and argument (defense) of your ideas and (b) written communication. These will be weighted as follows: One-page rsum and class cards (due 2/11 in class) (acceptable or do over) Senior Business Assessment Test [multiple-choice, 2/18] 10% Class preparation, attendance & participation [see Guidelines, pp. 9 & 11] 30% Written case analysis [five (5) individual issue briefs, see Calendar, pp. 4-8] 20% Team presentations [to be chosen; begins 4/15; see pp. 4-8, 14 & 15] 20% Final take-home examination [due on 5/25; see p. 10 for guidance] 20% Total 100% Written case analyses. In order to create opportunities for us to explore more basic strategy issues and discuss methods of formulation and implementation that might otherwise have to be rushed, we will be using an electronic submission format for Issue Briefs. Submit individual case analyses as an MS Word file attachment to me at  HYPERLINK mailto:gilinsky@sonoma.edu gilinsky@sonoma.edu with both the subject line and file name reading (e.g., for Robin Hood, RH.Gilinsky.Doc, or for Whole Foods Market, WFM.Gilinsky.doc). Use the following format: 1. Indicate your key case decision (what the GM needs to do now and whyone sentence); 2. Support your decision by three (3) bullet points (d"1 line; dimensions of strategy theory that bear on the problem at hand; avoid judgment here) 3. Add any qualitative and/or quantitative comments/discussion which you feel is/are necessary to substantiate your analysis. (1-2 page limit; less is more!) 4. Conclude by restating the central problem or issue and recommendation for action, stating lessons learned about strategic management, linking to readings that you have gleaned from the textbook. Do not answer the study questions! Study questions (see Course Calendar, pp. 4-8) are intended to get you thinking about the issues in the case and to lead you through the process of analysis. Issue Briefs are due by 8:00 a.m. on class days for which Issue Briefs are assigned (see Course Calendar, below). Timely submission of case analyses will facilitate review of your work as well as a summary of the sections qualitative/quantitative comments. You should always keep a hard copy of your Issue Brief for yourself and bring this to class. Your Issue Brief will serve as a personal document from which you could lead a class discussion. Acceptable Issue Briefs are given a check, which is roughly equivalent to a B grade. Unacceptable or late submissions will be assigned a check minus, roughly equivalent to a C grade. Issue Briefs not submitted on the date due for any reason will be assigned an F grade. An outstanding effort will receive a check plus, roughly equivalent to an A grade. Grading and coaching comments on your Issue Briefs will be returned to you as soon as possible. Final examination. The final examination will consist of a written case analysis and a presentation by selected members of the section. The final examination will give individual students the opportunity to write a lengthier case analysis and will be assigned a letter grade. Written assignments due in the latter part of the course are weighted more heavily than those at the beginning. Guidance for the final examination is on page 9. COURSE CALENDAR Session 1 Friday, February 4, 2005 Topic: Introduction Read: Syllabus (handout) Watch and listen: Intro lecture, Dead Poets' Society (video, in class) Meet: Tom Peterson, former VP of Beringer Blass Wine Estates Do & discuss: Core Purpose & Values Exercises (see pp. 1213) Why values are important to me and to our organization. Session 2 Friday, February 11, 2005 **One-page rsum and class card w/photo due** Topics: What Is Strategy and Why Is It Important? Prepare: Thompson, Strickland & Gamble, Ch. 1, pp. 2-15. Turn in: Your rsum and class card (turn in both at the beginning of class) Watch and discuss: Frogs Leap Winery (video case, in class) Do: Managers Toolkit Exercise (in class) Choose study group partners Study questions for the Frogs Leap Winery in-class video case: What is strategy? Which resources do you need to be in business? How do businesses define success? What makes a business successful? How do businesses create value? For whom? Who are the stakeholders? What are the most important decisions a strategist needs to make? What is Frogs Leaps strategy? Did the video case change your mind about your definition? Session 3 Friday, February 18, 2005 Class meets @ 9:30 for the Senior Business Assessment Test (BAT). Bring pencils. Attendance will be taken. Session 4 Friday, February 25, 2005 **Individual Issue Brief #1 due** Topic: Building Resource Strengths and Organizational Capabilities Prepare: Thompson, Strickland & Gamble, Ch. 11, pp 316-343. Case: Robin Hood (text, Case 28, C-532) [RH] Read ahead: Starbucks in 2004: Driving for Global Dominance (text, C-2) Participate and do: Class discussion; wrap-up mini-lecture on strategy Afterward: Meet in study groups to discuss Starbucks in 2004 [SBUX] case. Study questions for the RH case: What is the key decision that Robin needs to make now? What is he trying to accomplish? How would you rate his performance as leader/strategist? What is he doing well? not so well? Which options are available to him now? What do we learn from this case about strategy? Session 5 Friday, March 4, 2005 Topics: Assessing a Firms Financial Health Crafting & Executing Strategy: Setting Goals & Objectives Prepare: A Note on Assessing the Financial Health of the Firm (web site) Run the numbers for Kalari Burns, Inc. (see Exhibits 1 & 2) Thompson, Strickland & Gamble, Ch. 2, pp. 16-43. Case: Starbucks in 2004: Driving for Global Dominance (text, Case 1, C-2) Read ahead: Whole Foods Market [WFM] (download from MHHE website or handout) Participate and do: Review financial ratio analysis & class discussion; return Robin Hood briefs. Case discussion & role-play Guest speaker: TBA Study questions for the SBUX case: What grade would you assign to Howard Schultz as a leader? Justify your answer. Evaluate Schultzs leadership style. What did he do well? What should he have done differently? What will it take to achieve Starbucks goals of increasing revenues by 20% annually and net earnings by 20-25% annually for the next three-to-five years? What are Starbucks options as of January 2004? Prioritize! Session 6 Friday, March 11, 2005 **Individual Issue Brief #2 due** Topics: Evaluating the External Environment: Industry Forces Prepare: Thompson, Strickland & Gamble, Ch. 3, pp. 44-85. Michael Porter, How Competitive Forces Shape Strategy (AG website) Case: Whole Foods Market (download from MHHE website or handout) Watch and listen: Video interview with Michael Porter, Charlie Rose Show, April 30, 2004 Do: Class discussion of WFM case. Study questions for the WFM case: How would you rate the attractiveness of the natural foods segment of the supermarket industry? Perform a Porter 5 Forces analysis for the supermarket industry (see reading, How Competitive Forces). What do these five forces reveal about the opportunities for profitability in the supermarket industry? In the natural foods segment? What should be Whole Foods Markets strategy to protect its position in the industry? In order to achieve the stated goals of 400 stores and $10 billion in sales by 2010, how would you advise John Mackey and his team to proceed? Session 7 Friday, March 18, 2005 Topic: Competitive Rivalry Prepare: Thompson, Strickland & Gamble, Ch. 4, pp. 86-113. A Note on Conducting Situation Analysis (AG website) Case: Microsofts Battlethe X-Box [MSX] (download) Read ahead: PUMA AG [PUMA] (text, Case 23, C-411) Participate and do: Round-robin pop-up presentations Afterwards: Meet in study groups to prepare PUMA AG case Study questions for the MSX case: Evaluate Microsofts strategy to diversify into the consumer video game industry. What has it done well? Not so well? What are the pros and cons of being a late entrant into the video game industry? How are Microsofts key rivals likely to respond to its entry into the video game industry? Session 8 Friday, March 25, 2005 **Individual Issue Brief #3 due** Topic: Generic Strategy Prepare: Thompson, Strickland & Gamble, Ch. 5, pp. 114-139. Case: Puma AG [PUMA] (text, Case 23, C-411) Participate and do: Round-robin pop-up presentations Study questions for the PUMA case: 1. Assess the attractiveness of the athletic footwear industry. What are the major driving forces? 2. Evaluate Pumas resources to compete in the athletic footwear industry. Should Jochen Zeitz be content with Pumas position? 3. What are Pumas rivals likely competitive moves? How well is Puma prepared to respond to those moves? 4. What should Zeitz do now? NO CLASS FRIDAY April 1, 2005 HOLIDAY! Session 9 Friday, April 8, 2005 Topic: Growth Strategies; Intro to the Wine Industry Module Prepare: Thompson, Strickland & Gamble, Ch. 6, pp. 140-171. A Note on the Global Wine Industry (AG website) Case: Robert Mondavi Corporation [RMC] (AG website) Participate and do: Overview of the wine industry - lecture by Tom Peterson Study questions for the RMC case: What are the key drivers for success in the global wine industry? Evaluate RMCs resources and capabilities in terms of value, rareness, difficulty for competitors to copy, and sustainability. What are RMCs core competencies? How should RMC build on its resources and capabilities in the future? For example, what are the pros and cons of pursuing strategic partnerships v. acquisitions? How would you advise Michael Mondavi to proceed? For example, should RMC build additional domestic wine producing capacity or allocate its resources towards globalization? How do you know? Session 10 Friday, April 15, 2005 **Individual Issue Brief #4 due** Topic: Strategies for Special Situations Prepare: Thompson, Strickland & Gamble, Ch. 8, pp. 202-233. Case: RJM Enterprises, Inc.Romancing the Vine [RJM] (download from AG website or handout) Guest: TBA Participate and do: Team Presentation Study questions for the RJM Enterprises Inc.Romancing the Vine [RJM] case: What is Ron McManiss strategy in the wine industry? What are the concepts of the various businesses that he has identified? What other businesses might he have overlooked which would achieve his objectives? How can McManis escape the power of the customer by vertically integrating? What do you make of the financial analyses prepared by the consultant, Jim Ford? If you were Ron McManis, what would you do? Justify your strategy! Session 11 Friday, April 22, 2005 Topics: Sustainability and Ethics as Strategy Prepare: Thompson, Strickland & Gamble, Ch. 10, pp. 282-315. A Note on Corporate Social Responsibility (website) Case: Benziger Family Winery [BW] (Text, Case 36, C-665) Watch and discuss: Benziger Family Winery video Participate and do: Team presentation Study questions for the BW case: How would you evaluate Benzigers progress towards becoming a socially responsible business? What are the critical factors for success in the wine industry? How well has Benziger succeeded in assembling the resources and capabilities necessary to compete? What will be needed to sustain Benzigers strategy in the future? How should Mike Benziger proceed? Session 12 Friday, April 29, 2005 Topic: The Benefits and Limits of Diversification Prepare: Thompson, Strickland & Gamble, Ch. 9, pp. 234-281. Case: Brown-Forman Wine Estates [BFWE] (AG Website download) Participate and do: Team presentation Guest: TBA Study questions for the BFWE case: 1. Assess the attractiveness of the wine industry using Porters Five Forces and prioritize the strengths, weaknesses, opportunities and threats for WEs businesses. 2. Based on the textbook readings on diversification, what would be the pros and cons of a tighter grouping of the WE group and the WD vs. a looser grouping? In other words, what are the specific opportunities and problems faced in seeking synergies among those businesses? 3. How would you advise Steve Dorfman to proceed? How would you suggest that he implement the option you chose? 4. What lessons can we learn from this case about corporate venturing? What are some of the preconditions for success in this area? Session 13 Friday, May 6, 2005 **Individual Issue Brief #5 due** Topic: Harvest Strategies for Wine Businesses Prepare: Carefully review financial ratio analysis handout and text Chapter 8 Case: Girard Winery [GW] (AG website) Participate and do: Team presentation Guest: TBA Study questions for the GW case: 1. What is Roney trying to achieve? Is Girard a product-driven or market-driven company? 2. What technique was used to prepare Girards forecasts? Why do companies prepare financial forecasts? How does Girard compare financially to the industry benchmarks in the case? 3. Evaluate the attractiveness of the deluxe segment of the wine industry. 4. Perform a S.W.O.T. analysis for Girard Winery. 5. Based on the strategic options that Roney has identified for the near-term, describe the portfolio options available to Girard. Assess the financial forecasts he has prepared. Based on this assessment and your S.W.O.T. analysis, which option would you recommend? Session 14 Friday, May 13, 2005 Topic: Globalization and Competition in Foreign Markets Watch and listen: Mini-Lecturette On Globalization; Course Wrap-Up Lecture Pick-up take-home finals Prepare: Thompson, Strickland & Gamble, Ch. 7, pp. 172-201. Do: Student course evaluations Final Exam Case: TBA Participate and do: Study groups meet to prepare final examination case Session 15 Friday, May 20, 2005 Final Exam Case: TBA Participate and do: Study groups meet to prepare final examination case Session 16 Wednesday, May 25, 2005, 11:00 a.m. - 12:50 pm ** Take-Home Final Exams due ** Prepare: Final Examination (case TBA) Participate and do: Team presentation Guest: TBA Suggested Guidelines for Approaching a Case In approaching a case, keep in mind that there is no single, right solution. Each case describes a complex situation and there may be a number of equally valid analyses. Try to put yourself in the place of the person or team who is facing the problem(s) and who is required to make decisions and act. You may want to consider the following factors in your analysis. This list below is far from complete, but I hope it will be a helpful start. 1. What is the problemor problems? You may want to list the problems and prioritize them. Are these problems short-term, long-term, new, chronic, etc.? 2. What is the time framework? How urgent is the situation? 3. What is the kind of organization is this? Who are the key people involved? What are the key relationships? 4. Which industry, competitive, technological, demographic, economic, and regulatory trends are significant? How do they influence the current situation? How do they influence future action? 5. What financial information is important (costs, cash flow, margins, etc.)? How do these data impact your analysis and recommendation? 6. What are the significant marketing considerations? What is the product or service? Who is your market or target customer? How do you price, promote, distribute? 7. What are the significant production/operation considerations? How and where do you produce? Are operations labor-intensive? capital-intensive? What lead times are required? 8. What are the key human resource issues? How do training, motivation, organization culture, expectations, etc. impact on your course of action, particularly in its implementation? 9. What business are you in? What is the organizations strategy? Is it consistent across functions? What are the risk of/potential rewards from retaining this strategy? After analyzing the case, generate as many solutions as you deem appropriate. Consider the risks/tradeoffs involved in each alternative and then decide what you would do in the situation and why. What is your plan of action? (be specific) How are you going to implement it? (be specific). Be prepared to support your recommendations, but remain open to different, possibly better ideas. Suggested Take-Home Final Examination Format and Content Summary & Preview. Present a very brief overview of the managerial problem to be solved or challenge to be mastered. Consider the context in which a decision needs to be made, and actions taken. Develop a situation analysis, consisting of a brief statement of the organizations mission, generic and subsequent strategies, and present state of affairs. Follow this with a statement of the conclusion or recommendation that will be proposed. Keep in mind that you are asked to take the perspective of the General Manager. Industry/Environmental Analysis. Describe and analyze the major factors, characteristics, or trends external to the organization which bear upon the strategic issues in question. Perform an industry and competitor analysis. Organizational Characteristics. Summarize the strategy being pursued by the organization and its resulting strengths and weaknesses in relation to its competitors and/or external environment. Strategic Problems/Issues. As a result of the analyses in the two preceding sections, certain significant potential opportunities and threats facing the organization should begin to emerge. Reasonable Alternatives to Consider. From among the strategic issues identified in the preceding section, develop a range of feasible strategies or plans of action. Show how alternative strategies may be ranked across a risk-reward spectrum. What are the tradeoffs? Careful assessment of proposed actions and potential outcomes lends credibility to your argument. Typically, the best presentations are those that do a superior job of generating and evaluating alternatives. Identification and Implementation of Selected Strategy. The most desirable alternative from the preceding section should be elaborated in sufficient detail to let your audience know what is to be done and why. Explain the interdependencies among facets of the strategy and offer some indication of the economic, competitive, and environmental consequences over the short-term (one to three years) and the long-term (three-to-five years). What are some of the risks to be addressed in implementing the proposed strategy? What is your contingency plan should unforeseen circumstances arise? Consider feasibility, cost, resource needs, timing, and fallback position(s) in implementation. Conclusion/Next Steps. Briefly summarize and re-state the central issue(s) covered in your analysis. Let your audience know what you expect to be done next to follow-up your analysis and recommendations. Supporting Calculations/Documentation. Prepare evidence to support the arguments you are making. Exhibits such as tables, diagrams, charts, graphs, etc. can be helpful if they are visually appealing and easy to understand. A good rule of thumb is: do not use an exhibit unless it is the result of original thinking and analysis (e.g., number-crunching, summation, or visualization). Suggested Guidelines for Class Participation Your contributions to class will be evaluated on the basis of the following: 1. an understanding and appreciation of case facts; 2. analysis of case data through the use of functional area techniques and general management concepts in the readings; and 3. recommendations for management decision and action which arise from analysis. My assessments of your participation will be made on the basis of your attendance and preparedness for class, your responses to questions that arise in dialogues, as well as your voluntary participation. Below is a checklist to help you evaluate and improve your effectiveness in class discussions: ___ Are you a good (active) listener? Are the points that you are making relevant to the discussion? Are they linked to the comments of others? Are you willing to interact with other class members? ___ Have you demonstrated an ability to suspend judgment? ___ Do you show an ability to ask good questions (inquire and reflect)? ___ Are you willing to challenge assumptions? ___ Do your comments add to our understanding of the situation? Do they move us forward (as opposed to making a chip shot)? ___ Do your comments show evidence of analysis of the case (case preparation)? ___ Do you distinguish among different kinds of data such as facts, opinions, beliefs, concepts, etc.? ___ Do you demonstrate a willingness to share knowledge? ___ Are you willing to test new ideas, or are all comments made "safe"? (An example of a "safe" comment is repetition of case facts with no analysis or conclusions.) ___ Do your comments clarify and highlight the important aspects of earlier comments and lead to a clearer statement of the concepts being covered? Core Purpose Exercise I. The Empires DeathStar game Suppose you could sell your business to someone who would pay a price that everyone inside and outside the company agrees is more than fair (even with a very generous set of assumptions about the expected future cash flows of the company). Suppose further that this buyer would guarantee stable employment for all your employees after the purchasebut with no guarantee that those jobs would be in the same industry. Finally, suppose you were to learn that the buyer plans to kill your company after the purchase: its products and/or services would be discontinued, its operations would be shut down, its brand names would be shelved forever, etc. Your company would utterly and completely cease to exist. Would you accept this offer? Why or why not? What would be lost if your company were to cease to exist? Why is it important that your company continue to exist? II. The I Won the Lottery game You are a top-level manager in your organization. Suppose you woke up tomorrow morning and discovered that you suddenly had enough money in the bank to retirecomfortably. Would you nevertheless keep working for this organization? What deeper sense of purpose would motivate you to continue to dedicate your precious time and creative energies to this companys efforts? OUR VALUES The most important thing in life is to decide what is most important. What should our organization, department, unit, or team stand for? What should be the values by which we operate? Look over the list of values below. Circle any values that jump out because of their importance to you. Then write your top three values, in order of importance, below the list. Feel free to add values, if needed. truthpersistenceresourcesefficiencysinceritydependabilityinitiativefuntrustenvironmentalismrelationshipsexcellencepowerwisdomteamworkcontrolflexibilityservicecourageperspectiveprofitabilitycompetitioncommitmentfreedomexcitementrecognitionfriendshipcreativitylearninginfluencehappinesshonestyjusticehonororiginalityqualityinnovationcandorhard workobedienceprosperityresponsivenessfinancial growthrespectfulfillmentcommunity supportfairnesspurposefulnessintegrityorderstrengthpeacespiritualityself-controlloyaltyadventureclevernessclaritycooperationsuccesssecurityhumorstewardshiplovecollaborationsupport 1. 2. 3. Source: K. Blanchard & M. OConnor (1997), Managing by Values, San Francisco: Berrett-Kohler, p. 112. In Class Team Presentations Teams should prepare a 20-minute presentation of the assigned case covering the topics below. Each team should prepare for an additional 15 minutes of Q&A. Identify the problem facing this organization; clearly state your recommended solution and why. Perform an analysis of the companys internal situation and external environment, including industry & competitors. Caution: some analytical tools may be more appropriate than others. Substantiate your analysis with facts and data from the case. Answer the So what? question. Develop alternative solutions, in the context of the competitive pressures the organization faces. Prepare an action plan for this organization. Generate and evaluate short- and long-range strategic alternatives. Show clearly why your recommendation is superior to other alternatives. Discuss how the chosen alternative should be implemented and if it is feasible. Create a timeline and implementation plan. Show evidence of professionalism, polish, teamwork, and clarity. Prepare appealing visual aids, handouts and vocal techniques that support your presentation. Involve each member of the team in the presentation and Q&A session. NOTE: TEAMS MUST BE PUNCTUAL. BUS 491 Seminar in Strategic Management Team Presentation Scoresheet YOUR NAME PRESENTERS NAMES DATE [Key: 0 = Marginal; 1 = Satisfactory; 2= Superior] [Comments] PROBLEM IDENTIFICATION Specified problem and solution 012 Depth of understanding of issues 012Logical call to action012 Total (0-6)  ANALYSIS Internal assessment & financial analysis 012External and competitive assessment 012Factual support and relevance012 Total (0-6)  RECOMMENDATIONS Reasonable range of alternatives 012Appropriateness of alternatives 012Risks & contingencies clearly identified 012Implementation timeline 012Feasibility in terms of know-how, time, cost012 Total (0-10) TEAMWORK & PRESENTATION Visual aids, sharing of workload, clarity, effectiveness in Q&A  Marginal = 0 Satisfactory = 1 Superior = 2 Total (0-2) TOTAL POINTS   NOTE: Total possible points = 24 points. A = 20-24 pts., B = 15-19 pts., C = 10-14 pts., D = 6-10 pts., F = < 6 pts. Bullshit Bingo Do you keep falling asleep in meetings and seminars? What about those long and boring conference calls? Here is a way to change all of that! How to play: Check off each block when you hear these words during a meeting, seminar, or phone call. When you get five blocks horizontally, vertically, or diagonally, stand up and shout BULLSHIT!! SynergyStrategic FitCore CompetenciesBest PracticeBottom LineRevisitTake That Offline 24/7Out of the LoopBenchmarkValue-AddedProactiveWin-WinThink Outside the BoxFast TrackResult-DrivenEmpower [or] EmpowermentKnowledge Base At the End of the DayTouch BaseGoing ForwardBall ParkC LevelGame PlanLeverage Testimonials from satisfied players: "I had only been in the meeting for five minutes when I won." -Jack W. - Boston "My attention span at meetings has improved dramatically." -David D. - Florida "What a gas. Meetings will never be the same for me after my first win." -Bill R - New York City "The atmosphere was tense in the last process meeting as 14 of us waited for the 5th box." -Ben G. - Denver "The speaker was stunned as eight of us screamed 'Bullshit' for the third time in 2 hours." - Kathleen L. - Atlanta BUS 491W Spring, 2005 page BUS 491(W), Seminar in Management Strategy & Policy (Wine) Dr. Armand Gilinsky Sonoma State University Spring 2005 F 8:00-11:40 a.m Office: Stevenson 2026F x2709 Stevenson 2049 e-mail:  HYPERLINK mailto:armand.gilinsky@sonoma.edu armand.gilinsky@sonoma.edu OFC T5-7 p.m. W11-12 a.m., or. by appointment Course Outline Final 1/28/05 D CDEefrzPY1 : Ynhn45J !!""=">"jCJU>*>*CJj5CJUj5CJU0JCJjCJU jCJU6CJCJ5CJ5HRgh{v w V W $da$ & F ^ h $da$  d  $da$ pRgh{v w V W x y  XY?8qr+kl%56L+ u ##m#%'&&N 7   7  7        M x y  XY?8qr $^`a$$a$ h$hd]h^`a$$a$$ & F7hd]ha$$da$+kl%56Ld^ 8p! d$da$$hd]h^`a$$a$ h+ u ##m#%'&&&>+?+,,,,,-d$da$ $^`a$$a$d X ! d^ 8! d^ 8p! >"?"R"S"Y"]"#!#^#a#p#$$$%%&&*&2&&'&'5'''((**.****?+Q+,-.-R-[-}--W..R/[///-0/0T1\111+2,2t2 3"333334452535U5v6x6667778U991;4; CJOJQJCJ 56CJ65:CJ5CJ>*CJ6CJCJ0J jCJUQ&&>+?+,,,,,- -.-C-\---.W.X.../f//////0B0r000>1111+2,2t222}wtnkht  8^_:  :  A:  :  :   :   )SKUNOPVW(- -.-C-\---.W.X.../f//////0B0r000>11 & F: ^`d p p d 8@ $111+2,2t222$3o3344%4\4}4452535U5556E6 & F & F p^p` p pd p2$3o3344%4\4}4452535U5556E6x667x777778}89T9U999:X:::¼yvpmjgd_C}        f n+v *  R        )*v8$E6x667x777778}89T9U999:X:::;;<;; & F !pd p & F & F p^p` p p:;;<;;<<t=u====(>_>>>??%???J@K@L@@@@ALAMApAATBBBBBC}zwtqnkheb_mnox7f  +     P rsM p        <=_%4;:;;;t=u==O>R>t>x>??%?J@K@@@@eAiAB C,CGChCCCqDtDFFFGGG@HCHKH"JJJnKpKvKwKLMMMMMMMNOPPPP3QW?WlW(Y]p^_5CJCJ 56CJ5B*CJph B*phOJQJ5CJCJ56T;<<t=u====(>_>>>??%???J@K@L@@@@ALA & F !p pd p & FLAMApAATBBBBBC C C,CiCCC DXDYD{DD^EFF & F)d & F) pd p h^h` d 8@ $C C C,CiCCC DXDYD{DD^EFFFG/GkGGGGGGKHHhIIIII"JPJJŻ{qke_\Y     V  >   s S :M )  )  M)   ) 2e  D!FFG/GkGGGGGGKHHhIIIII"JPJJJJ/KUKVK p^p` & F !p pd pJJJ/KUKVKwKKwLLLLLM4MpMMMMMNNO0PPPP*QxQQQQQQQRSPSSý~{xurmjgb_ed= C D 2-m   E    *    8p%VKwKKwLLLLLM4MpMMMMMNNO0PPPP*QxQQ h^h`d p d !p & F pQQQQQQRSPSSTTTTT3UMUUUUVVV)Vd p d !p !p h^h` d 8@ $ pSTTTTT3UMUUUUVVV)V>VVVVVVV W3W>WkWlW'Y(YYYYYmZnZ-[.[[[]\^\]¼足}zwtqnkOP EF !A     A[ j k)3))V>VVVVVVV W3W>WkWlW'Y(YYYYYmZnZ-[.[$d]^`a$$da$$da$$a$ p p !p.[[[]\^\]]]]p^q^_.`/`*CJCJ5CJ5C1i2ijjkkkkll5llmm.n/nnn0o1oyozooo'p(pwp <^<` ^`$a$(pwpxpppqqqqUrmrnrorprqrrruuuv!v"vwwwww6y7y=yIySyTy_yiywyxyyyyyꫨ}xso                  i34UVWX jk  \)wpxpppqqqqUrmrnrorprqrrruuuv!v"vwwwww$a$$a$$a$ <^<`w6y7y=yIySyTy_yiywyxyyyyyyyyXW$$IflhF $x x x     4 la$If$a$yyyyyyyyyyyyyyzzzz'z/z0z;zGzRzSz^zgzqzrz|zzzzzz~zupkgb]                      %&  .  9  EF  T  `  hi  q  }              "yyyyyyyyyyyzzzz'z/z0z;z\t$IfW$$IflhF $x x x     4 la;zGzRzSz^zgzqzrz|zzzzzzzzzzz|lltW$$IflhF $x x x     4 la$Ifzzzzzzzzzzzz{{{"{+{:{;{E{K{T{U{[{h{u{v{~{{{{{{{{zuqlgb^                          *  3  EF  R  Z  kl  {            "zzzzzzz{{{"{+{:{;{E{K{T{U{[{h$IfW$$IflhF $x x x     4 la[{h{u{v{~{{{{{{{{{{{{{{{xtppW$$IflhF $x x x     4 la$If{{{{{{{{{{{{{z|{|}}x}y}1~2~~~~~$%jkĿ|wmh^Y5  05  1`5  a5  #5  $5   =5 >_cgklm  u          {{{{{{z|{|}}x}y}1~ypy$`a$$ & F5h^ha$ $^a$$a$$a$d $W$$IflhF $x x x     4 la g|z|}%},}}/~;AFPx{|56}~)9./5M΄τՄbcr ĆdžȆ<$'BCDEɯ5CJ j5U5CJH*OJQJCJ5CJOJQJ CJOJQJ5CJOJQJCJ CJOJQJ9CJ(OJQJ6CJOJQJOJQJ 5OJQJ6 6OJQJOJQJ5CJ<1~2~~~~~$%jk01stрҀ} $&dPa$ $^`a$$ & F5h^ha$ $`a$01stрҀ}~!#%&'()*KLNPRSTUVmoqst‚Âĺ 5  5  $5  %P5  Q5  F}~!#%&'() $If $  $$Ifa$$If^` h  $  `'  `'  &)*KLNPRS\JJAAAA $$Ifa$$If^` h$$IfP4֞`0x( 4 PaSTUVmoqI7$If^` h$$IfP4֞`0x( 4 Pa $If $  $$Ifa$qst\SS  $$$IfP4ֈ`0x( 4 Pa $If $  $$Ifa$‚ $If $  $$Ifa$$If^` h‚Â\JJAAAA $$Ifa$$If^` h$$IfP4֞`0x( 4 PaI7$If^` h$$IfP4֞`0x( 4 Pa $If $  $$Ifa$#$&'()9[\^`bcdefƒÃăŃƃރ߃*+-./012345MȄɄʄ˄̈́΄τЄф҄ӄԄՄbr  b#$&'()9\SSS  $$$IfP4ֈ`0x( 4 Pa $If $  $$Ifa$ 9[\^`bcde $If $  $$Ifa$$If^` hef\JJAAAA $$Ifa$$If^` h$$IfP4֞`0x( 4 PaI77$If^` h$$IfP4֞`0x( 4 Pa $If $  $$Ifa$ƒÃăŃƃI$$IfP4֞`0x( 4 Pa $If $  $$Ifa$ƃރ߃ $If $  $$Ifa$$If^` h*\JAAAAA $$Ifa$#$If^#` h$$IfP4֞`0x( 4 Pa*+-./0123eWNNNN $$Ifa$$If^`$$IfP4ֈ`0x( 4 Pa $If $ 345MedWIC: $$Ifa$$IfhL$If^h`L$If^`$$IfP4ֈ`0x( 4 Pa $If $ ȄɄʄ˄̈́΄τЄt$If^`j$$IfP4\x(p 4 Pa $If $  $$Ifa$ Єф҄ӄԄՄ\XVV$If$$IfP4ֈ`0x( 4 Pa $If $  $$Ifa$ br\SSN$a$  $$$IfP4ֈ`0x( 4 Pa $If $  $$Ifa$rdžȆІކ $X$Ifa$ !V$$Ifl$$$04 la $<<$Ifa$ džȆІކ %&+;EFR\dzԇ߇ <߈B$%'DEFIJKQ A %&+;EFZMMMMMMZ $X$Ifa$$$Iflr4$$PPPPP04 laFR\dz@h$$Iflr4$$PPPPP04 la $$Ifa$ $X$Ifa$ԇ߇ $X$Ifa$ $$Ifa$ $$Ifa$ $$Ifa$ $h$Ifa$߇ ZM@MMMZ $$Ifa$ $X$Ifa$$$Iflr4$$PPPPP04 la<߈B$%&'DEFGHIJKQ !$$a$1$ !$$<<a$EFK345OP6CJ 5;CJ 5;CJ5CJ0Jj5U j5U5$a$ $a$ ! 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