Introduction to MNGT4800: Strategic Management Dr. Shook

I am taking this class because it is a required course.

I am taking this course because it will change my life!

Agenda u What’s up with this course? u Getting acquainted

u FORGET what you have heard about this class u IGNORE what is going on in other sections

What’s up with this course? u Benefits u Requirements

Benefits u Sharpened abilities to think strategically u Understanding of frameworks to analyze an organizations’ external and internal environments

Benefits (continued) u Increased capacity to identify strategic issues and alternatives u Experience in formulating and implementing strategic plans u Integrated knowledge

How are we going to get these benefits? u Text Readings and Lectures

How are we going to get these benefits? Case Analyses

How are we going to get these benefits? Simulation

Course Website u

Highlights from Syllabus u Prerequisites u FINC 3610 u MNGT 3100 u MKT 3310 u Download prereq form, sign and return to lab instructor

Contact Details u 445 Lowder u Monday and Wednesday, 1 – 2 p.m. u u

Highlights from Syllabus u Required Texts u Strategic Management: Text and Cases 2 nd edition, Dess, Lumpkin and Eisner, u Registration in Capstone Business Simulation

Highlights from Syllabus u Grade Components u Exams 65% u In class Simulation Exam 5% u Two midterms and one final – 20% each u Simulation Performance 15% u Simulation Shareholders’ Report and Meeting 10% u Quizzes 5% u Case Presentation 5%

Highlights from Syllabus u Simulation Performance and Shareholders’ Report and Meeting are adjusted by peer evaluations u Grades * Multiplier u Multiplier = Individual’s averaged evaluation/ average peer evaluation across group \ u If you fail to complete the peer evaluation by 8 a.m. on 12/7/05, your peer evals will be adjusted downwards 50%.

Highlights from Syllabus u Policy Regarding Unannounced Quizzes and Class Attendance u Quizzes can not be made up u Missed Exams will receive a zero unless: u Absence Approved in ADVANCE - Tiger Cub Excuses only! u Legitimate Emergency u Contact me ASAP u Prior Approval was not possible. u Makeup exams may be essay.

Highlights from Syllabus u Students with Disabilities u See me during office hours (or make an appointment) with Accommodations Memo u If you need an Accommodations Memo, contact Program for Students with Disabilities

Highlights from Syllabus u Course Policies u Failure to correctly complete the scantron, will result in half credit u Final Grades u 90%, 80%, 70%, 60% Scale u I do NOT round! u Professor reserves right to alter schedule u Grades may be contested only within 5 days of posting.

Highlights from Syllabus u Course Policies (cont’d) u Groups may fire member as disciplinary measure. Fired members must complete requirements individually. u Lab Instructors may answer only technical questions. They may not give advice.

Highlights from Syllabus u Course Outline u Key Due Dates

Who is Dr. Shook?

Education u Ph.D. – Strategic Management, LSU u MBA – Ole Miss u BSBA, Accounting – University of Northern Colorado u CPA – State of Colorado

Who is Dr. Shook? u Previous Teaching Experience u University of Texas, Arlington u ESCEM – Poitiers, France u ESC-Pau, France u Northern Illinois University u Previous Work Experience u 2 Regional CPA firms – Colorado u Federal Reserve Bank

Dr. Shook in January 2006

Who is Dr. Shook? u Personal u Spouse – Linda (29), U of A u Daughters - Meridith (15) & Caroline (13) u Pets – 2 dogs and 1 cat u Hobbies u International Travel u Running u Antiques u French

Who is Dr. Shook? u Pet Peeves u Discourteous Behavior in Class u Cell phones in class u Reading paper in class u Conversations in class u Lack of Personal Responsibility u Your goal this semester should be to avoid being added to my portfolio of SSS.

Who are You? Stand up if you are:

Who are You? u From: u Another country than the USA u Another State u Birmingham u North Alabama u South Alabama

Who are You? u Student Athlete

Who are You? u Greek System

Who are You? u Band

Who are You? u Work

Who are You? Have no life