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Welcome to Strategic Management Dr. Mark H. Mortensen Sessions 001 and 270 Thursdays 6:00PM to 9:00PM.

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Presentation on theme: "Welcome to Strategic Management Dr. Mark H. Mortensen Sessions 001 and 270 Thursdays 6:00PM to 9:00PM."— Presentation transcript:

1 Welcome to Strategic Management Dr. Mark H. Mortensen Sessions 001 and 270 Thursdays 6:00PM to 9:00PM

2 Mortensen Consulting Group Today 6:00Begin Hello and introductions Exercise on “Why Bother with Strategic Management?” Review syllabus 7:30BREAK Lecture on Chapter #1 Go over Assignments #0 and #1 8:50 End

3 Mortensen Consulting Group Hello and Introductions

4 Mortensen Consulting Group Why Bother with “Strategic Management?”

5 Mortensen Consulting Group Whelen and Hunger Textbook 1. Concepts 2. Corporate Governance 3. Ethics and Social Responsibility 4. Environmental Scanning and Industry Analysis 5. Internal Scanning: Organizational Analysis 6. Strategy Formulation: Situational Analysis and Business Strategy 7. Strategy Formulation: Corporate Strategy 8. Strategy Formulation: Functional Strategy and Strategic Choices 9. Strategy Implementation: Organizing for Action 10. Strategy Implementation: Staffing and Directing 11. Evaluation and Control

6 Mortensen Consulting Group Syllabus Review

7 Mortensen Consulting Group Any questions about the syllabus? If you think of one later, or find some mistakes, please e-mail me at Mark_Mortensen@uml.edu.

8 Mortensen Consulting Group Break 15 minutes, please

9 Mortensen Consulting Group Chapter 1 Lecture

10 Mortensen Consulting Group Assignment #0 Due by:9:00AM, Monday, 8 September 2008 Please e-mail to me at Mark_Mortensen@uml.eduMark_Mortensen@uml.edu  a picture of you  a few facts about you Let me know if you want me to use your UML e-mail address or another e-mail address for communication with you. It can be, for example:  A.jpg from a digital camera and a few bullet points  A link to a public web site with your picture, and a few bullet points  A publically readable MySpace page (I’m at http://myspace.com/DrMarkHM ) http://myspace.com/DrMarkHM  A LinkedIn public page (I’m at http://LinkedIn/in/MarkHMortensen )http://LinkedIn/in/MarkHMortensen

11 Mortensen Consulting Group Assignment #1 Due by:6:00PM, Thursday, 18 September 2008 Visit both a Starbucks and a Dunkin’ Donuts retail store  Describe and contrast the atmospheres, types of menu items, service quality, and prices  Describe and contrast the patrons and how they react to the above  Talk to at least one person in the store about why they come there and relate their opinions  Describe your own experiences at each of them, from this and other visits. Visit the Starbucks and Dunkin’ Donuts web sites:  Try to determine their target markets, mission statements, and anything else you can glean about their strategies – write a paragraph or two on each  Contrast the two web sites  Contrast the apparent strategies of the two  Discuss how the information on the web sites does or does not match the reality in each case. A few pages should suffice – if it wants to be longer, OK.


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