Presentation is loading. Please wait.

Presentation is loading. Please wait.

Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall 1 BUS 411 DAY 16.

Similar presentations


Presentation on theme: "Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall 1 BUS 411 DAY 16."— Presentation transcript:

1 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall 1 BUS 411 DAY 16

2 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Agenda Questions? Assignment 5 Corrected 3 As, 3 Bs, 3 Cs and 2 Ds Assignment 6 posted (last one) Due March 26 (29?) Assignment 6.pdf Midterm will Take Home, Available March 12:30 PM due March 5 PM Discussion on How to present a case study Finalize Group and case assignments. Group Work

3 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Pre Break Timeline March 19 Chapter 11 Global Issues March 22 How to Prepare and Present a Case Study Team Formation & Case Assignments March 26 -> no class…midterm assigned March 29 Example Case Netflix presentation by Tony After Break Student case study presentations 2-3

4 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Mid-term This is your midterm exam and it includes 20 short essays from the first 11 chapters of the text. You can use your book, notes, and class PowerPoint's to complete this exam. While you can use the Internet and Google also, but I would caution about the quality of the answers you may find. The correct answers for these questions are straight from the textbook and the textbook will be the only reference used for grading the exam. You may not seek help from any other person to complete this exam. This exam will time out on Friday, March 5 PM. Any questions answered after that time will not count. You can work at this exam in several intervals if you save your questions and DO NOT submit the exam. Submit the exam only when you have completed the exam and checked to see that all questions are answered and saved. 2-4

5 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Strategy management The real key to effective strategic management is to accept the premise that the planning process is more important than the written plan, that the manager is continuously planning and does stop planning when the written plan is finished. The written plan is only a snapshot as of the moment it is approved. If the manager is not planning on a continuous basis --- planning, measuring, and revising – the written plan can become obsolete the day it is finished. This obsolescence becomes more of a certainty as the increasingly rapid rate of change makes the business environment more uncertain. --- Dale McConkey

6 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall What is a case study? Describes a firms situation at some point in time All of these case studies are 2011 Analysis must reflect the correct time period End of fiscal year 2010 data You have the benefit of hindsight Contains mostly fact with some opinion Puts the reader on the scene Allows learning by doing The job to create a 3-year strategic plan for 3 years after the case ( )

7 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Preparing Cases Analysis Need for Practicality Cases are incomplete Make reasonable assumptions and DOCUMENT your assumptions Need for Justification Support your decisions Need for Realism Be realistic Need for Specificity What, why, when, how, where and who Business people (and business professors) dislike generalities and vagueness Need for Originality Be original…there is no perfect answer If it were that easy everyone could do it! Need to Contribute teamwork

8 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Case method Student centered approach – discussion oriented What would you do? Why would you do it? When would you do it? How would you do it? Role of professor and other students is to cross examine presenters

9 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Class Discussion Read the case Take notes SWOT Analysis Make recommendations Conduct Research The better you are at research the easier the analysis goes Prepare PowerPoint and presentation Example PowerPoint Wendys.pptWendys.ppt Get ready for Cross-Examination Peers Everyone should read all the cases! Instructor

10 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Some question you should be able to answer What are the firm most important external opportunities and threats? Strengths ands weakness? How would you describe their financial condition? What are the existing strategies and objectives? Who are the competitors and what are their strategies? What objectives and strategies do you recommend? Explain your reasoning How does this differ from what they are doing? How do implement the recommendations? What problems do you foresee in implementation? How will you evaluate progress towards your recommendations?

11 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Steps in Preparing Oral Case study See page Identify Mission, Vision, Objectives, Strategies Develop New Vision and Mission Most are poor Identify internal strengths and weaknesses IFE Financial ratios Product Positioning Org Chart Identify external opportunities and threats Industry trends CPM EFE Analyze SWOT Matrix SPACE BCG IE matrix Grand Strategy Matrix Matrix Analysis Summary Give advantage and disadvantages of alternative strategies QSPM Recommend Strategies and long range objectives Show cost Specify how strategies are to be implemented and what results to expect EPS/EBIT Projected financials & new ratios Timetable or agenda for actions Recommend specific annual objectives (goal) and polices Recommend procedures for evaluation Balanced scorecard Be Original – Take chances Remember business rewards risk taking Be ready for Cross-examination

12 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Making the presentation Organize with PowerPoints and graphics Give overview Inform the audience if it is a team presentation Who does what Control your voice Manage Body language Do not read your notes or the power points-be fluid Use lots of visuals Be enthusiastic! Answer questions at the end

13 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Case study Scenario You are a team of consultants presenting a Strategic plan to the board of directors of the company mins (you will be timed) ! You need to convince that board that you know what you are doing Whatever you recommend should be the preferred course of action for the company in question for the next 3 years Expect tough questions…be ready with answers Dont propose something that has already been tried unless you know that it was a implementation problem and not a strategic one Dont BS.. you will get exposed

14 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Tips for success Content tips Use S&P Industry survey Process tips Divide the work Cover all bases Attempt to uncover flaws in your analysis

15 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Research Tips Your best resources are the UMFK Digital Databases Business Insights: Essentials Business source Complete Newspapers (proquest) Value Line research center Wall Street Journal Academic Search Premier Census gateway Econlite Fed in print Other resources Investor relations web site for the company associated with the case study Bad resources Web searches Friends and colleagues Tonyg.umfk.maine.edu

16 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Case Presentation Analysis Company: Date: Presenting Team Members: Place comments after each rating.Ratings (circle the appropriate numbers). CONTENTPoorBelow Average Above Average Superior 1. Mission and Vision Statement Thoroughness, accuracy, and depth of external analysis Thoroughness, accuracy, and depth of internal analysis Identification and evaluation of alternative strategies using matrices Quality, quantity, feasibility, and relevance of recommendations Justification and support for recommendations12345 DELIVERY 1. Organization of presentation Professionalism of presentation Use of visuals and color Communication skills of team Use of time (40 min presentation) Handling of questions (up to 10 minutes)12345 OVERALL EVALUATION:12345 Students that are not presenting will also evaluate presenters, Case Score = 50%(avg student scores) + 50% (professor score)

17 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Peer Review for Case studies Put your name and your team members names in the spaces provided, one name at the top of each column. Names: Ratings: On time for all group meetings: Helped keep the group cohesive: Number of useful ideas contributed: Quantity of work done: Quality of work done: ++++ Add Total Scores Here: In rating yourself and your team members, use a one- to five-point scale, where 5 = superior, 4 = above average, 3 = average, 2 = below average, and 1 = really weak. Add the scores to obtain a total score for yourself and the other group members. Put any comments you like on the bottom of this page.. If you receive a poor rating on this evaluation, your final case average will be lowered one letter grade. A superior rating may add points to the final case average.

18 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Group And Case Assignments Group 1 David, Shawn, Zhongling, Yoshives Group 2 Emily, Megan, Carter, Olivia Group 3 Thomas, Allie, Brandon, Loren 11-18

19 Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall Schedules for Cases March 29 Netflix – Tony Gauvin Apr 9 Southwest Airlines – Group ? Apr 12 United Continental Holdings – Group ? Apr 16 Ryanair Holdings – Group ? Apr 19 Dr. Pepper Snapple Group Apr 23 Coca-Cola Apr 26 Starbucks Apr 30 Students choice May 3 Scholars symposium May 7 Students choice May 10 Students choice Ch 8-19


Download ppt "Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall 1 BUS 411 DAY 16."

Similar presentations


Ads by Google