Introduction to MNGT4800: Strategic Management Dr. Shook

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

Auburn Creed u I believe that this is a practical world and that I can count only on what I earn. Therefore, I believe in work, hard work. u I believe in education, which gives me the knowledge to work wisely and trains my mind and my hands to work skillfully. u I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men. u I believe in a sound mind, in a sound body and a spirit that is not afraid, and in clean sports to develop these qualities. u I believe in obedience to law because it protects the rights of all. u I believe in the human touch, which cultivates sympathy with my fellow men and mutual helpfulness and brings happiness for all. u I believe in my Country, because it is a land of freedom and because it is my own home, and that I can best serve that country by "doing justly, loving mercy, and walking humbly with my God." u And because Auburn men and women believe in these things, I believe in Auburn and love it.

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

BLACKBOARD

Highlights from Syllabus u Prerequisites u FINC 3610 u MNGT 3100 u MKT 3310 u Do assessment, attesting to syllabus and prereqs, in Blackboard

Contact Details u 445 Lowder u Monday and Wednesday, 1 – 2 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 60% u Two midterms and one final – 20% each u Solo Rehearsal Simulation Results 5% 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 4/25, your peer evals will be adjusted downwards 25%.

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 different format.

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 letter grade deduction on test. u Final Grades u 90%, 80%, 70%, 60% Scale u Rounding only if:1) student’s individual grade is higher than group grade; and, 2) student’s attendance was exceptional. 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 Academy of Economic Studies, Bucharest Romania 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

Who is Dr. Shook? u Personal u Spouse – Linda (29), U of A u Daughters - Meridith (17) & Caroline (15) u Pets – 2 dogs and 1 cat u Hobbies u International Travel u Health Plus 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