Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer
Stephen Erichsen
Contact via stephen.erichsen@mq.edu.au
By appointment
Thursdays 10.00am-11.00am by appointment
Unit Moderator
Dr Ross Gordon
Contact via Email
Tutor
Wayne Kingston
Contact via Email
Tutor
Linda Taylor-Burton
Contact via Email
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Credit points |
Credit points
3
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Prerequisites |
Prerequisites
(MKTG202 or MKTG203 or MKTG204 or MKTG208 or MKTG210 or MKTG213 or BBA203 or BBA213) and (STAT122 or STAT170 or STAT171 or PSY122)
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Corequisites |
Corequisites
MKTG303
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit is structured as a semester-long team-based project. It integrates the materials that are covered in first and second year marketing units. It's objectives are to investigate what kinds of factors influence the competitive positioning of an industry, and the firms within it, to achieve a sustainable competitive advantage. It explores the kinds of 'Blue-Ocean' strategies that can be developed to assist a firm to re-construct its existing competitive market boundaries. It addresses the scope and application of corporate social responsibility (CSR) and its use as a mechanism to achieve a sustainable competitive advantage. The class is conducted through workshops and discussions where students are taught to write a research paper around an industry of their choice. Throughout the unit, the emphasis is on the analysis process: identifying information needs, acquiring the necessary information, interpreting it, and using it as the basis for business recommendations.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Due |
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Individual Class Presentations | 15% | Weeks 3-5 |
Progress Report | 20% | Thursday October 16th |
Reflective Journal | 20% | 16 November |
Group Marketing Project | 45% | Weeks 12-13 & 6th November |
Due: Weeks 3-5
Weighting: 15%
Students will be called on during tutorials to give a presentation on a marketing related topic with several weeks topic notification.
As these are in-class presentations, failure to present without prior notice will result in a zero mark for that part of the presentation task. It is up to the student to arrange any variation in date with their tutor if there are circumstances where the original date allocated is not practical.
Due: Thursday October 16th
Weighting: 20%
Each member of the group will be allocated a phase of the Marketing Group Project and will provide a progress report on that particular phase.
The assignment acts as a progress report of the final project to demonstrate understanding of the relevant Phase of the Group Marketing Project and as such detailed feedback will be provided by tutors.
The individual progress report is due in week 9 by midnight Thursday 16th October.via Turnitin and in your tutorial class that day.
For complete details of each phase, please see full description in ‘Final Written Report’ section that will be loaded on iLearn.
Extensions will be granted only in exceptional cirsumstances with prior approval from your lecturer, Steve Erichsen.
Late Submissions will be penalised 20% (3 marks) for each 24-hour period late.
Due: 16 November
Weighting: 20%
As part of evaluating the participative process, an individual reflective journal is due for submission after the group presentation and final group report has been submitted.
The Reflective Journal is based on an evaluation of the student's personal evaluation and perception of their attributes and capabilities. This perception should draw on prior experiences, including university or other studies, paid employment or volunteer work, and from sport, hobbies and other interests. The self-assessment, being purely subjective is not graded, nor will it be shared with others in the class.
Based on that self assessment students then complete a post-activity audit of graduate capabilities and a 2,000 word reflective journal report.
Late submissions will incure penalty of 20% for each 24-hour period late
Due: Weeks 12-13 & 6th November
Weighting: 45%
Overall Requirements:
Students are required to complete an analysis of the marketing strategy of the Client Partner focusing on a particular marketing issue related to the organisation. Blue Ocean Strategy (BOS) will be applied to the marketing issue and the framework provided by BOS used to formulate a marketing solution supported by other marketing concepts and analytical tools.
The final Group Marketing Report is due at the end of week 12 by midnight Sunday 9th November via Turnitin. A hard copy will need to be submitted to BESS by Friday 7th November at 4:30pm.
A “Student Evaluation of Member Participation” to be submitted with the hard copy of the Final Group Marketing Report. Complete details of the Final Group Marketing Report are available in the course assignment guidelines as will be issued on iLearn.
As a group report it is unlikely that any circumstances would justify that the group would be unable to submit on time, so an extension is unlikely to be granted.
Late submissions will incure penalty of 20% (6 marks) for each 24-hour period late.
The oral presentation must demonstrate (a) group understanding of the predominant marketing systems in the industry and (b) the potential to develop ‘Blue-Ocean’ strategies within that industry to solve the marketing problem of the Client Partner.
Complete details of the Final Group Oral Presentation are available in the course assignment guidelines.
As this is a group report it is highly unlikely that any circumstances would justify an extension. Individual absence from the presentation will incure a mark of zero for this part of the assignment, unless there are exceptional individual circumstances or prior arrangement. Alternative marking or penalties will then be negotiated with the lecturer in consultation with the unit moderator.
The unit is comprised of:
The timetable for classes can be found on the University web site at: http://www.timetables.mq.edu.au/
Prizes for this unit MKTG304: http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/prizes_scholarships
Prizes for all PACE Subjects
Prof. Judyth Sachs Participation Prizes: http://students.mq.edu.au/opportunities/participation_and_community_engagement/grants_prizes/
This PACE Prize is awarded at the completion of the academic year for all students enrolled in PACE subjects across the whole university. As this is subject is offered in the 2013 academic year, the prize will be judged and awarded in early 2014.
It will be assumed that students will have read the chapters assigned each week prior to attending lectures. The text covers the theoretical material and provides numerous examples.
Students will need access to a computer for both research and preparation of assessment submissions and to communicate with tutors and other group members throughout the semester. Video capability is not required.
Week |
Lecture Topic |
Tutorial Topic |
Readings/ Specific Tasks |
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Week 1 7th August |
Introduction to Marketing Strategy Project
Introduction to BOS 1.Creating Blue Oceans 2.Overview of analytical Tools and Frameworks |
No tutorial in Week 1 |
Kim, W., Mauborgne, R. 2005, “Blue Ocean Strategy”, Chapter 1 and Chapter 2
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Week 2, 14th August |
Client Partner Presentation |
Group Formation Overview of assessment, tutorials and consultations. Reflective Journal overview.
BOS 3.Reconstruct Market Boundaries |
Kim, W., Mauborgne, R. 2005, “Blue Ocean Strategy”, Formulating BOS. Chapter 3 |
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Week 3, 21st August |
Client Partner Presentation |
BOS 4.Strategic Canvas Class presentations |
Kim, W., Mauborgne, R. 2005, “Blue Ocean Strategy”, Formulating BOS. Chapter 4 |
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Week 4, 28th August
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Client Partner Presentation |
BOS 5.Reach Beyond Existing Demand Class presentations |
Kim, W., Mauborgne, R. 2005, “Blue Ocean Strategy”, Formulating BOS. Chapter 5.. |
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Week 5, 4th September
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Client Partner Presentation |
BOS 6.Get the Strategic Sequence Right 7 and 8 Executing BOS Class presentations
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Kim & Mauborgne 2005, “Blue Ocean Strategy”, Chapter 6, 7 and 8.
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Week 6, 11th September |
Client Partner Presentation |
Corporate Social Responsibility
BOS 9.Sustainability and Renewal of BOS
Creating Shared Value
Class presentations
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Kim & Mauborgne 2005, “Blue Ocean Strategy”, Chapter 9
Porter and Kramer (2011) Creating Shared Value
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Week 7, 18th September |
Formal guideline for Project expectations |
Overview of BOS and second half of session. Class Presentations |
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Mid Semester Break September 20th to October 6th
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Week 8, 9th October |
Masters Project Consultation Seminars |
Draft report consultation & Class Presentations |
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Week 9, 16th October |
Masters Project Consultation Seminars
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Draft report consultation & Class Presentations |
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Week 10, 23rd October |
Masters Project Consultation Seminars . |
Draft report consultation & Class Presentations |
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Week 11, 30th October |
Masters Project Consultation Seminars |
Draft report consultation & Class Presentations |
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Week 12, 6th November |
Group Marketing Project Presentations Groups . |
Group Marketing Project Presentations Groups
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Each Group will make a 15 minute presentation (including questions) that summarises their findings and recommendations. |
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Week 13, 13th November
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Group Marketing Project Presentations Groups
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Group Marketing Project Presentations Groups
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Each Group will make a 15 minute presentation (including questions) that summarises their findings and recommendations. |
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by:
As local citizens our graduates will be aware of indigenous perspectives and of the nation's historical context. They will be engaged with the challenges of contemporary society and with knowledge and ideas. We want our graduates to have respect for diversity, to be open-minded, sensitive to others and inclusive, and to be open to other cultures and perspectives: they should have a level of cultural literacy. Our graduates should be aware of disadvantage and social justice, and be willing to participate to help create a wiser and better society.
This graduate capability is supported by:
This unit uses research from external sources and Macquarie University researchers as listed in the references lists on iLearn.
In particular, this unit draws on cutting-edge research, integrated with extensive industry experience, by Department of Marketing and Management faculty members: