Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer and Unit Convenor
Associate Professor Kyle Bruce
Contact via 0432200238
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MMgmt and 16cp
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit is concerned with the many managerial plans and actions involved in companies’ quest to gain and sustain competitive advantage over rivals, how they might stay “in fit” with ever-changing environments, and how they manage strategic change. This is an integrative unit drawing from a range of different disciplines and bringing together much of the concepts/ideas/subjects that students have been exposed to in earlier units. The purpose of this unit is to help students develop their own point of view on the formulation and implementation of strategy and on the roles and tasks of strategic leaders. The basic aim is to teach students how to think and act like strategic managers and leaders within an organisation.
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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 | Hurdle | Due |
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Group Assignment | 60% | No | TBA |
Final Exam | 40% | No | TBA |
Due: TBA
Weighting: 60%
Assignment rationale You are a member of a syndicate group that will complete the assignment as a team but you will be marked only on your individual contribution to the assignment. This safeguards against shirking, "free-riding", or social loafing (a topic in and of itself !). You will collectively select an organisation and consider a critical issue(s) affecting the performance of this organisation i.e. its effectiveness or efficiency from an Strategy perspective. The issue may be something positive in or outside the organisation, or else it maybe something negative or a "horror story". Your job as individuals and as a team is to undertake a comprehensive analysis of the issue(s) utilising knowledge and skills developed from MGNT812 i.e. by applying topics from the unit.
The purpose of the assignment is to enable you to: • undertake independent research • apply topics from the unit • communicate the findings of a formal piece of work and meet a deadline and enhance written communication skills
Your individual contribution to the group assignment should be about 1500-2500 words, 12pt font size with double spacing.
Each member of the syndicate group must clearly identify which element of the group assignment is their individual contribution by putting their names in brackets next to the heading of their section (which should be the titles of topics in the unit).
Assessment criteria: • ability to interpret and analyse the organisation’s situation • ability to apply unit knowledge (i.e. theories, models, concepts, etc.) to analyse the company • thoroughness of research undertaken, extent of reading, collection of relevant data, etc. • ability to logically arrange and present the materials • full acknowledgment of sources consulted, references used etc. including the bibliography • written presentation to an acceptable postgraduate standard
Guide to the assignment This assessment task is to gauge how well you can apply 4-5 (depending on numbers in the syndicate group) relevant topics/concepts from the unit to a ‘real-life’ organisation. What you need to do early on is to select an organisation - either domestic or international - for detailed analysis. The organisation may be of any size and it is likely that data availability will vary with size and international recognition.
What I am trying to get at in this task is how well you understand the ideas presented in this unit and how well you can articulate this knowledge by applying it to an actual situation. The emphasis is on understanding, rather than presentation. You are not describing, but analysing situations/behaviour. Assignments that are excessively descriptive or make excessive use of point-form, will not achieve a very high grade.
Basic issues to be addressed MIGHT include (in no particular order):
Not all of these issues will be relevant for every organisation. Notice that I emphasise HOW & WHY issues because if you do this, then you will be analytical, rather than descriptive. Students are required to use their initiative in what issue they address, and what issues they ignore. Likewise, you are required to use your initiative in how you structure/organise and present the issues addressed – there is no model answer or blue-print for success in this exercise, though some examples of both good and bad past assignments will be provided. These should be regarded as indicative of style and structure rather than of content.
The assignment should include the following:
Submission details One student from each group will submit a soft-copy of this assessment on behalf of their syndicate group in the class iLearn page on the due date as specified by the lecturer in class. The soft-copy submission will be submitted to Turnitin via the Macquarie University iLearn portal, a program used to ensure the originality of the work undertaken by the submitter/s. Please also ensure that the filename of your assessment is appropriately titled (MGNT812-Group#.docx), and that you only save your document in Microsoft Word format. No hard-copy is needed to be submitted.
The assignment should have the following structure:
1. A title page with all student names and student numbers, allocated group number, title, and word count of the text. 2. A one page (single-spaced) executive summary that outlines the assignment’s structure, the organisation studied (as appropriate), the key issues according to the group, how the group has demonstrated analysis, what the group has found, and recommendations, lessons, insights as appropriate. 3. Body of the assignment with appropriate headings and citations. 4. Reference list (Harvard referencing style) 5. Appendices as appropriate.
Late assignments will be penalised up to 10% per day unless you have applied for special consideration, and that application is considered acceptable. Applications for extensions must be made before the submission date, and will only be granted in exceptional circumstances. Since most of us suffer from constant pressure of work, it would not be considered an ‘exceptional circumstance’.
Due: TBA
Weighting: 40%
The final exam is open book, and will consist of 3 questions relating to a case study made available to you on the day of the exam. In the space available to communicate your ideas and reflections, you are required to demonstrate your understanding of unit material via reflective application to the case. More details on the exam will be provided in Session 10.
You can use books, notes, laptops, iPads, or tablets,.
You are expected to present yourself for examination at the time and place designated in the MGSM examination timetable. The timetable will be available at https://students.mgsm.edu.au/sydney-students/units/exams/.
Pre-class preparation essential for success
The role of the lecturer: The lecturer/facilitator is NOT there to provide “the answer”, but rather to draw out issues, analysis and recommendations from participants. The lecturer may take the role(s) of: devil’s advocate, challenger, defender, facilitator, or protagonist.
The role of the student: The better prepared the individual, the richer the learning experience. Having done the preparation before class, students have the opportunity to explore issues in depth and to argue their decisions and recommendations. The learning experience is closely correlated with the level of preparation.
I (the Lecturer) am a dedicated advocate of active learning, which is to say that I do not profess to know everything about Strategy, will not have time to go over every single detail of Strategy, and expect that you will actively engage with the subject matter both before and during the sessions.
You are all very different learners and you all bring very different sets of experience/skills/knowledge. My role is to act as a ‘guide’ through the maze that is Strategy, so ideally you will be learning some things from me, some things from the textbook, readings and from the case studies, and some things from each other as you engage in debate and share ideas/experiences/thoughts.
The emphasis in all sessions is on participatory action-learning through informed debate and discussion. For this to be successful, you must prepare the case prior to the session.
The unit has a strong focus on the application of the unit concepts and theories to the selected case studies to make sense of the multiple perspectives on how Strategy works and what is successful. Through exploring and applying Strategy concepts in a wide range of situations you will develop your own competence in Strategy thinking and evidence-based decision making.
However, deep learning cannot be achieved through an over-reliance on the use of prescribed tools and frameworks; it requires informed debate and discussion. So, whilst we apply a Strategy ‘toolkit’, you will develop your own point of view through your own analysis of a number of organisations in a diverse range of industries and geographic locations. Following this, you will deduce what decisions and recommendations to make that will enhance the organizational health of the total enterprise.
So, it is important to accept that there is no one “right answer”, only rational and defensible arguments.
Pre-week 1 preparation
In week 0 (the week before Week 1 of term):
Case study preparation
There is no prescriptive procedure for doing a written case analysis; only some general guidelines as outlined below – this is because company situations and management problems are diverse and therefore there is no one way to approach a written case assignment.
You are required to offer analysis and evidence to back up your conclusions. Do not rely on unsupported opinions, overgeneralizations, and platitudes as a substitute for tight, logical argument backed up with facts and figures.
Demonstrate that you have a command of the Strategy concepts and analytical tools to which you have been exposed. Use them in the assignments and the exam to answer the questions.
For more, see the preparing case analysis for exercises and exam document on the MGNT812 iLearn page.
Class process
Most sessions will be organized into 3 interconnected blocks of roughly 45 mins with some “breathers” interspersed between, plus an after-class “debrief”. The blocks – in no particular order (we will mix it up) will consist of:
Class etiquette
An atmosphere of mutual respect and professionalism is in order. So please...
Compulsory Readings|Resources|Cases
Your ability to pass and succeed in this unit is heavily reliant on your familiarity with these compulsory readings, especially the case studies. They form the basis of the sessions, the assignment and the final exam. These readings have been selected because they give the most effective overview available of the theories and frameworks covered in this unit.
Topic |
Topic name |
Mandatory Readings|Resources|Cases |
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1 |
INTRODUCTION TO STRATEGY; PURPOSE; STRATEGIC LEADERSHIP
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Videos: http://www.youtube.com/watch?v=UZrTl16hZdk http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action Podcast: https://soundcloud.com/hbrideacast/639-turning-purpose-into-performance https://audio.hbr.org/ideacast/20190405152330-677_WhyPeopleandCompaniesNeedPurpose.mp3 Case: Steve Jobs: Leader Strategist https://www.youtube.com/watch?v=D1R-jKKp3NA
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2 |
EXTERNAL ANALYSIS
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Video: https://www.youtube.com/watch?v=mYF2_FBCvXw Case: Huawei in Canada: can it become a trusted player? |
3 |
INTERNAL ANALYSIS
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Video: https://www.youtube.com/watch?v=l0IXEFZJsv0 Case: ECCO A/S - Global Value Chain Management |
4 |
KNOWLEDGE & STRUCTURE |
Case: Canon: Competing on Capabilities |
5 |
CORPORATE STRATEGY A: MAKE, BUY OR ALLY? |
Cases: 1. Bird’s Eye and the UK frozen food industry 2. Mercedes-Benz and ‘Swatch’: Inventing the smart and the networked organization |
6 |
CORPORATE STRATEGY B: PARENTING, SYNERGY & DIVERSIFICATION
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Video:http://www.youtube.com/watch?v=GOyElytAzQk&list=PLzJ2lhgYMr1uBtpAqxHfoqcNYZlMufplS (Clips 1-3) Case: Alphabet Eyes New Frontiers |
7 |
CORPORATE STRATEGY C: INTERNATIONAL STRATEGY
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Case: UPS in India: time to shift gears? |
8 |
BUSINESS/COMPETITIVE STRATEGY |
Video: https://www.youtube.com/watch?v=FlurK3LeTpg Case: Uber vs. Didi: the race for China’s ride-hailing market |
9 |
STRATEGY EVALUATION AND IMPLEMENTATION |
Case: Immunovaccine (IMV): Preparing to Cross the Valley of Death |
10 |
OVERVIEW AND EXAM PREPARATION |
No specific reading other than the exam practice cases Practice exam cases: 1. A Dark Horse in the Global Smartphone Market: Huawei’s Smartphone Strategy 2. Tencent’s Business Model |
Compulsory Readings|Resources|Cases
Your ability to pass and succeed in this unit is heavily reliant on your familiarity with these compulsory readings, especially the case studies. They form the basis of the sessions, the assignment and the final exam. These readings have been selected because they give the most effective overview available of the theories and frameworks covered in this unit.
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
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
If you are a Global MBA student contact globalmba.support@mq.edu.au
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Our postgraduates will be able to demonstrate a significantly enhanced depth and breadth of knowledge, scholarly understanding, and specific subject content knowledge in their chosen fields.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Our postgraduates will be able to communicate effectively and convey their views to different social, cultural, and professional audiences. They will be able to use a variety of technologically supported media to communicate with empathy using a range of written, spoken or visual formats.
This graduate capability is supported by:
Our postgraduates will be ethically aware and capable of confident transformative action in relation to their professional responsibilities and the wider community. They will have a sense of connectedness with others and country and have a sense of mutual obligation. They will be able to appreciate the impact of their professional roles for social justice and inclusion related to national and global issues
This graduate capability is supported by:
Date | Description |
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20/09/2019 | Updated case |
06/09/2019 | Updated readings |
03/09/2019 | Updated readings |
27/08/2019 | Readings updated |
21/08/2019 | Readings added. |