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Strategy Work in Global Context (21E00700) November 1, 2012 Course information.

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Presentation on theme: "Strategy Work in Global Context (21E00700) November 1, 2012 Course information."— Presentation transcript:

1 Strategy Work in Global Context (21E00700) November 1, 2012 Course information

2 Strategy work in global context: Facilitators Nina Granqvist Assistant Professor Hanken School of Economics Janne Tienari Professor Aalto University, School of Business

3 Course overview (1) The field of strategic management; strategy as practice and work; organization of course work (November 1) (2) Strategy work at JCDecaux Finland (November 8) -Guest: Klaus Kuhanen, Managing Director (3) Strategy work at Lumene Group (November 15) -Guest: Tapio Pajuharju, CEO (4) Strategy work at Fazer Food Services (November 22) -Guest: Iris Karjula, Managing Director (5) Strategy work at MPS Enterprises (November 29) -Guest: Marcus Herold, CEO and Chairman of the Board (6) Students’ posters, recap and preparation for the exam (December 13)

4 Intensive format Active participation required in all sessions (-1) –Group work assignment, deadlines: Poster on December 13; written report due December 23 –Four reaction papers, deadlines: (1) Nov 12, (2) Nov 19, (3) Nov 26, (4) Dec 3 Return the reaction papers to the white box in the lobby of the classroom E 3.41 (Arkadia 3rd floor) –Exam: December 17 (retake February 1)  Be prepared to work outside the sessions, too! Rules of the game for 6 credits Slides for each session provided at: https://noppa.aalto.fi/noppa/kurssi/21e00700/

5 Group work assignment – Groups (1) Group 1 Bauer, Tilman Kuukka, Laura Mantere, Anu Rissanen, Merja Virkajärvi, Venla Group 2 Bayart, Angélina Immonen, Ani-Jatta Laitinen, Jaana Martikainen, Tiina Sarkomaa, Petri Virtanen, Elina Group 3 Blakaj, Hedon Jalonen, Heidi Lambertenghi, Ludovica Myllymaa, Timo Schrey, Mija Group 4 Chiarini, Valentina Karvonen, Konsta Lappeteläinen, Kati Määttä, Marika Simström, Anna-Maija

6 Group work assignment – Groups (2) Group 7 Gulz, Melanie Kovalenko, Ksenia Louhelainen, Milla Pietarinen, Stella Wahlman, Hanna Group 8 Hartman, Satu Kurkilahti, Kristiina Malinovskaya, Irina Pirskanen, Anna-Maija Wang, Jiao Hellström, Jussi Group 5 Engblom, Rilla Kortesaari, Katja Lehtinen, Olga Nopanen, Katri Strauß, Carola Group 6 Evers, Reetta Koryakina, Natalia Linkama, Meri Nurmi, Elsa-Maria Tiilikainen, Suvi-Marja

7 Group work assignment = 40 % of course grade Questions: How is strategy work done at JCDecaux Finland? How is digitalization transforming the strategic landscape of JCDecaux Finland? How is strategy work done at Lumene Group? How does internationalization impact upon strategy work? How is strategy work done at Fazer Food Services? How is strategic change carried out at Fazer Food Services? How do corporate executives talk about strategy? What are the ”best practices” of strategy work?  Raffle!

8 Group work assignment Objective To deepen your understanding of one of the course themes through creative work Format Use course materials (lectures & readings) and other academic texts to examine your topic Collect and analyze your own data on the issue (interviews, documents etc.) How to get started Get to know each other! Agree on a way of working that everyone is comfortable with Work on logistics: find the times to meet and do as agreed Start looking for materials Everyone reads all the materials

9 A top quality report Answers the research question in an insightful and coherent way Covers appropriate (theoretical) literature effectively and demonstrates sound knowledge of the topic Critically evaluates and applies the literature to the case Provides relevant conclusions on the basis of the literature review and case research Is written in a clear and coherent style and quotes references appropriately Offers original insights and demonstrates critical thinking Grading: max. 4 (report grade) (individual contribution – no contribution leads to a student failing the assignment) Group work report: evaluation

10 If necessary, you can assess other group members’ contribution to the final outcome Forms will be given out at the poster session Member A (name): Contribution in terms of the amount of work compared to the hardest working member of the group 0%20% 40% 60% 80% 100% Contribution in terms of quality and importance of work compared to others LackingCrucial Evaluation of individual contribution

11 Each group designs a poster that presents their research and the message the group would like to convey –Prioritize content but pay attention to layout/style too –Size and format optional; be creative Prepare a short presentation (2-3 minutes) of your poster (key issues and message) Prepare a one-page flyer of your poster/research At the poster session: Each group will give their short presentation Others (facilitators and students) will circulate to comment on all the posters and ask questions Poster session (December 13)

12 Group work report (due December 23) Max 20 pages Suggested report structure: 1.Executive summary 2.Introduction 3.Literature review 4.Case description 5.Conclusions to by 23 December (midnight)

13 1.What do you want to learn? –Try formulating your learning goals in the form of questions that you want to seek answers to 2.Who are we? –Introduce yourself and share/discuss your learning goals and expectations for this course (including the group work) Orientation to the course and group work

14 Four reaction papers = 30% of course grade Readings for RR 1 –Porter, M.E. (2008) The Five Competitive Forces That Shape Strategy. Harvard Business Review, January, –Whittington, R. (2006) Completing the Practice Turn in Strategy Research. Organization Studies 27, Readings for RR 2 – Doz, Y. & Kosonen, M. (2010) Embedding Strategic Agility: A Leadership Agenda for Accelerating Business Model Renewal. Long Range Planning 43, –Regnér, P. (2003) Strategy Creation in the Periphery: Inductive Versus Deductive Strategy Making. Journal of Management Studies 40, Readings for RR 3 –Kotter, J. (1995 / 2007) Leading Change: Why Transformation Efforts Fail. Harvard Business Review, January, –Mantere, S. & Vaara, E. (2008) On the problem of participation in strategy: A critical discursive perspective. Organization Science 19, Readings for RR 4 –Amabile, Teresa M. & Khaire, Mukti (2008) Creativity and the Role of the Leader. Harvard Business Review, October, –Suominen, K. & Mantere, S. (2010) Consuming Strategy: The Art and Practice of Every Day Strategy Usage. Advances in Strategic Management Vol 27,

15 Four reaction papers = 30% of course grade Reaction paper 1: deadline November 12 –Contrast and compare critically the two articles (Porter and Whittington): what are the key differences in how they conceptualize strategy? –Make use of the articles and the session on November 8: What are the key issues in JCDecaux Finland’s strategy work? Reaction paper 2: deadline November 19 –Make use of the articles (Doz & Kosonen; Regnér) and the session on November 15: What are the key issues in the strategy work of internationalizing companies? Reaction paper 3: deadline November 26 –Contrast and compare critically the two articles (Kotter and Mantere & Vaara): what are the key differences in how they conceptualize key issues in strategic change? –Make use of the articles and the session on November 22: what are the key issues in Fazer Food Services’ strategy work? Reaction paper 4: deadline December 3 –Make use of the articles (Amabile & Khaire and Suominen & Mantere) and the session on November 29: how can you strategically manage employees in a professional services firm?

16 Guidelines for writing the reaction papers Guidelines Length about words each Aim at answering the questions posed for the materials Grading 0-5 for each paper, for good grades: Write coherent, structured text, use your own words to pinpoint the key arguments Show your analytical thinking, and clearly separate that from what the research papers say Incorporate some key learnings from the company cases in a way which resonates with the course materials Pay attention to the flow and structure of the review In the beginning of the following session we go through some of issues which you raised, and highlight the key learning points…

17 0 points: summarizes the contents by using direct quotations from the articles (i.e. not your own words) with minimal own reactions or reflection OR does not address at all the questions posed for the materials 1 point: summarizes the articles without much reflection OR presents own reactions without sufficiently covering the main points of the articles 2 points: summarizes the articles with little reflection OR presents own reactions without analytically discussing the main points of the articles 3 points: shows an understanding the main points of the articles and offers own analytical reactions to these 4 points: gives an elegant presentation and analysis of the main issues combined with well argued and perceptive reactions 5 points: provides an impeccable analysis of the main issues combined with well argued, creative, and perceptive reactions Reaction papers: criteria for evaluation

18 Exam = 30% of course grade Two essays (max 2 pages structured and coherent text each) Materials: –All session materials –All readings for reaction papers –Hambrick, D.C. & Chen, M-J (2008) New Academic Fields as Admittance-Seeking Social Movements: The Case of Strategic Management. Academy of Management Review 33, –Minzberg, H. (1994) The Rise and Fall of Strategic Planning. Harvard Business Review, January-February, Register through WebOodi


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