MGMT6640 – ORGANIZATION POLICY AND STRATEGY Semester 02, 2015/16 Group Assignment Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY 1
People Learn Best by “Doing” 2 “ I hated every minute of training but I said, don’t quit. Suffer now and live the rest of your life as a champion.” - MUHAMMAD ALI (Source: myStarjob.com, 4 Jan 2014) “The best of learning about anything is by doing.” - SIR RICHARD BRANSON Imam al-Shafi`i r.a. said: “Knowledge is what benefits. Knowledge is not what one has memorized." Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY Tell ME, and I will Forget Show ME, and I may Remember Involve Me, and I will Understand – Confucius
Group Assignment - Suggested Topics 1.University of the Future (UoF) or Faculty of the Future (FoF) Semester /16 3 GROUP ASSIGNMENT 1 (CONCEPTUAL PAPER). Group Assignment 1 & 2 are inter-related: Week 1 - Milestone 1: Form Group (2 students per group) Week 4 - Milestone 2 : Business Case Summary Submission & Approval Week 6 - Milestone 3 : 1st Draft Business Case Paper Submission – Intro & Background, Problem Statement, Methodology, Literature Review, Establish and Describe UoF or FoF Initial Framework/ Conceptual Model (use BMC, EM & VPD tools), Conduct Survey/Interview (Students e.g. local/international, UG/PG, working adult; lecturers; employers), Analysis & Findings, Establish “Final” UoF or FoF Model, Summary, Conclusion & Future Work Week 8 - Milestone 4 : Final Business Case paper due. Submit as 1 st paper to academic journals. Format of paper must follow standard template of chosen Academic Journal. GROUP ASSIGNMENT 2 (CASE STUDY): Week 4 – Milestone 1a: Choose a leading university in your country Week 5 – 9: Conduct Strategic Management Processes (Figure 1-2, Wheelen Chapter 1) for your Chosen University. Week 10 - Milestone 5: Establish Strategic Plan in transforming the Chosen University to UoF (use tools including Strategy Map, BSC, BMC, EM & VPD) Week 11 & 12 - Presentation of Strategic Plan for Chosen University’s UoF or FoF Week 13 - Milestone 6 : Submit Strategic Plan for Chosen University’s UoF or FoF MGMT6640 – ORGANIZATION POLICY AND STRATEGY
Use an Integrated Suite of Tools Environment Map BMC VPD Canvas Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY
The Environment Map 5 Current BMC Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY
6Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY
The Value Proposition Design (VPD) Canvas
Customer Value Proposition Selection AvailabilityQualityPrice Organization Capital A Strategy Map Represents How the Organization Creates Value Supply Production Distribution Risk Management Operational Management Processes Selection Acquisition Retention Growth Customer Management Processes Opportunity ID R&D Portfolio Design/Develop Launch Innovation Processes Environment Safety and Health Employment Community Regulatory and Social Processes Internal Perspective Human Capital Information Capital CultureLeadershipAlignmentTeamwork Learning and Growth Perspective Customer Perspective Financial Perspective FunctionalityServicePartnershipBrand Product / Service AttributesRelationshipImage Improve Cost Structure Increase Asset Utilization Long-Term Shareholder Value Expand Revenue Opportunities Enhance Customer Value Productivity Strategy Growth Strategy
The Balanced Scorecard Is a Step in a Continuum that Describes What Value is and How It Is Created
Examples of Academic Journals 1. International Journal of Engineering Science and Innovative Technology ISSN: ; (USD100) – Google Scholar (GS) Indexedwww.ijesit.com 2. Business Management and Strategy (BMS) – GS, ProQuest, EBSCOhost indexed (USD100) 3. International Journal of Computer and Information Technology (IJCIT) (USD100) – GS, Copernicus Indexed 4. International Journal of Management & Information Technology (IJMIT) (USD100) - GS, Copernicus Indexed 5. International Journal of Information and Communication Technology Research (IJICTR) – citeulike (Springer) & GS indexed (USD75) 6. International Journal of Engineering Research & Management (IJERM) (USD 70) – GS indexed 11Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY
12Semester /16 MGMT6640 – ORGANIZATION POLICY AND STRATEGY