MGTC41 | Assignments 2012 |
Assignment #1A
10% Oct 1
Oct 15 writing
a Goal, Objectives and Plans for a corporation
Assignment #1B
15% Oct 15
Oct 22 examination
of Corporate Mission, Goal, Objectives, Plans, Strategies and Tactics
Assignment #2
25% Oct
29 NOV 5
Analysis of the influencing External Environments
Assignment #3
25% to be discussed
Analysis of Competitive Strategy
Assignment #1 A 10% writing a Goal, Objectives and Plans for a corporation
Submission Date 2012 Sept
24th Oct 1 Oct 15
Your written submission is due at the beginning of class (i.e. 1.10 p.m.). Late submissions will be penalized.
Instructions
referring to the information at the bottom of the web page http://www.witiger.com/ecommerce/GOPSTSWOT.htm
Pick a company, or a situation
in which you want to write a "Goal"
This could be something
silly, or serious, that is not important, what is important is your proper
understanding of how to craft measurable objectives to accomplish a goal.
Discuss how you selected
that goal and why it was a good goal for the situation.
Keep in mind that "good
Goals" are things that could actually be done and something you know something
about.
For example: don't pick
"world peace" unless you know a lot about global politics and military
disarmament.
For example: don't pick
"legalize marijuana" unless you know how legislation gets passed in parliament.
You don't have to be an
expert in the subject, but it helps to have a basic understanding so you
can communicate the proper steps by which something happens.
Name and describe several
"measurable" objectives by which that Goal may be accomplished.
Chose the wording carefully
and feel free to narrate and annotate the wording of the Objectives.
Name and describe the Plans
by which some of the Objectives may be accomplished.
The "product" that you chose
to submit to the professor can be in any format you chose (example
youtube.com/watch?v=BT8QnLf8664
)- text document, PowerPoint, Video, bristol board chart, 3D diagram etc.
- see examples at
http://www.witiger.com/ecommerce/GOPST-student-assignments.htm
Keep in mind that "you live
in a competitive environment" so create the product of your assignment
in an exciting way, at the same time as communicating clearly what the
key points are.
Submission Date/Return Date
Your written submission is due at the beginning of class (i.e. 1.10 p.m.) Oct 22 Late submissions will be penalised.
Instructions
Identify two businesses which, from your research and analysis, have "good" corporate missions.
Alternatively, identify one business which has a "good" corporate mission, and another business that has a mission which you feel is vague, poorly defined, lacking in specificity, or lacking credibility.
The subjects for your analyses must be reasonably large, reasonably high profile, publicly-traded Canadian or US corporations. (Suggestion: Review the list of firms which make up the TSX60 index, and the S&P 100 index, for relevant and appropriate firms.)
Any company which makes its Annual Report widely available, is likely to get the occasional press coverage in the main-stream press (Globe & Mail, National Post, Report on Business Magazine) or has a reasonably informative web-site, will do.
You may analyse any companies of your choosing, subject to the requirements above.
Use whatever source of company information that you can. I suggest you start with the Annual Report, the corporate web site, and press releases furnished by the company through its corporate affairs or media relations departments. Be objectively critical of these.
Do not restrict yourself to information written/furnished by the company. These will only show the company, its Board, and its policies in the most positive light, and be full of marketing and PR spin What do independent, third parties and industry analysts think about the firm you are examining? Refer to articles in the Report on Business, Report on Business Magazine, Financial Post, etc.
Your report must address
the following:
Part 1 - Introduction
In your own words (do NOT cut and paste a lot of irrelevant legal, technical or historical information from a website) provide a brief overview of each of your subject companies: the industry they are in, their principle products or services, their size, scope of operations, principle competitors, and any major issues that they might be affecting the firm or its industry.
Part 2 - Mission
Identify two firms which you feel have "good" examples of clearly enunciated, easy to understand, and believable statements of their "mission", readily available to be found by potential suppliers, investors, customers or employees.
Alternatively, if your choice is to examine one business with a "good" corporate mission and another with a poorly defined, vague, nor not-credible mission, examine the opposite of the following:
Explain why you believe that the examples that you have found are "good" mission statements. In other words, does the organisation make a clear statement which gives direction to the question "Where do we want to be?"
Is the "mission" supported by a clearly articulated goal and objectives that are consistent with the mission? In other words, do these two organisations provide a clear direction to answer the question "How are we going to get there?" Explain and justify your answers to these questions.
If you were a manager within each organisation, would you have a good sense of what was expected of your department, where your department fit into the overall strategy, and what you were trying to contribute and achieve?
Part 3 - Performance
Identify key stakeholders whose interests are mentioned or implied by the mission (e.g. investors, customers, employees).
What evidence is there from actual policies or recent operational performance that the organisation is sincere, realistic and effective in pursuing tactics designed to realise its mission?
In other words, if the mission states that the corporation wishes to be "highly profitable" or "yield above average returns to the investor" is it doing so? If the organisation states that it wants to be a "an employer of choice" or to "develop its human resources to their maximum potential" what evidence is there concerning training and development initiatives, employee profit sharing, the payment of above industry-average wages, inclusion on lists of most desirable employers, etc.? If the organisation states that it wants to be a "respected corporate citizen" what evidence is there that it is environmentally responsible, that it donates to local charities, or that it hires the socially disadvantaged, etc?
In other words, based on its actions and performance over the past 3-4 years, is the business being successful in realizing its goals and objectives, in pursuit of its mission?
Support your conclusions with empirical, quantitative data.
Length Limitations
There is no explicit length limitation. Please make your Assignment long enough to answer the questions completely and well, but keep it short enough to be interesting. However, as guidance, I would suggest that your assignment should not be much more than 16 pages.
Format Specifications
The assignment must be bound
with a transparent cover.
The assignment must have
a title ("MGTC41 Assignment #2" is not an acceptable title).
(say something like "Comparison
of the Mission and GOPST of CIBC Bank and RBC Bank)
You must include an Executive
Summary, which provides a very brief synopsis of your analysis and
conclusions (1 page maximum).
You should note who in the
group did which parts
There must be a Table of
Contents.
Where possible, embed any
graphs and charts into the text, so the reader does not have to flip to
appendices at the back of the paper to find relevant data.
The assignment must be paginated.
The assignment must be spell-checked
and grammar checked. (Sloppy grammar, spelling and syntax will probably
result in a failing grade on the assignment.)
Facts taken from outside
sources, quotes, and the opinions of other must be footnoted. (Plagiarism
is an academic offence and will result in a failing grade on the course.)
Provide a bibliography at
the end of the paper.
Value of This Assignment
This assignment represents
25% of your final grade for the course.
How The Assignment Will
Be Marked
The bulk of the marks will be based on the quantitative, empirical analysis that you perform in Part 3 of the Assignment.
Any business can hire a marketing consulting firm to write a "mission statement" full of platitudes and promises. On the other hand, a well run business develops simple, measurable, realistic goals, which it communicates clearly and credibly, then works hard to achieve these goals.
It is expected that you will independently analyse your subject firms' operational and financial performance. If you merely parrot or regurgitate what the company is saying in its Annual Report or on its web site, you are being gullible and possibly naive.
Use your own eyes, crunch
a few numbers, and draw your own objective conclusions as to whether your
subject company is actually doing what it tells the world it is trying
to do.
Analysis of the influencing External Environments
Your written submission is due at the beginning of class (i.e. 1.10 p.m.) Nov 5th. Late submissions will be penalised.
Instructions
1. You may write
this as an individual assignment or you may collaborate with another student
and
submit a jointly-authored
assignment. In 2012 there are 60+ students in the course and this
will be done as group project of 3, 4 or 5 people. 6 people are allowed
if you can prove that all 6 equally contributed to the finished product.
2. Select a reasonably large, high profile, publicly-traded Canadian or US company as the subject for your analysis. For many of you, it is likely to be one of the companies that you examined in the 1st Assignment. It does not have to be. You may pick a new subject company, if you want. You may also do a company that you worked with on your co-op.
Topic Environmental Analysis
Over the next few years, forces in the broader outside world and forces within the industry will either assist or hinder your subject company in realising its mission, through the achievement of its goals. The purpose of this assignment is for you to assess your subject company's environment, using two of the most commonly used strategic analysis models. You must then offer a brief but clear conclusion as to your subject's medium term prospects.
Part 1 Introduction and Overview
In your own words (do not simply cut and paste a lot of irrelevant historical detail or marketing puff from the company's Annual Report), provide a brief overview of your subject company: Its industry or markets, the size and scope of its operations, its principal products or markets, its key rivals.
Part 2 6E's (PEST + Geographic and Competitive) Analysis of the Macro Environment
Use the 6Es analysis to consider the macro-environment.
Begin with a brief explanation of the 6Es analysis, what it is used for, and what its use is trying to show.
Then, using the model as
your framework, identify the 4-7 major macroeconomic trends or developments
which, as CEO of your subject firm, you believe will have the most impact
on your business' ability to realise its mission.
Explain how each of these
developments would impact your business' performance and prospects over
the next 5 years, and the actions that the firm will need to take to exploit
or mitigate the effects of these developments.
Part 3 5-Forces Model Analysis of the Industry Environment
Use Porter's 5-Forces Model to consider the industry environment.
Begin with a brief explanation of the 5-Forces model, what it is used for, and what its use is trying to show.
Assess whether the industry
that you now occupy is attractive and likely to face a benign future, or
un-attractive and likely to face a difficult future. Identify which aspects
of which forces are most likely to affect your peace of mind as CEO, and
your business' prospects over the next 5 years, and the actions that the
firm will need to take to exploit or mitigate the effects of these developments.
Part 4 Summary and Analytical Conclusion
Provide a brief but clear
overall conclusion to the question "Where are we now?" i.e. indicate whether
your subject company is in a good place, a bad place, good but getting
worse, bad but getting better.
Format Specifications
The assignment must be bound
with a transparent cover.
The assignment must have
a title ("MGTC41 Assignment #2" is not an acceptable title).
You must include an Executive
Summary, which provides a very brief synopsis of your analysis and
conclusions (1 page maximum).
There must be a Table of
Contents.
Where possible, embed any
graphs and charts into the text, so the reader does not have to flip to
appendices at the back of the paper to find relevant data.
Tables and graphs must be
clearly titled and labeled, so the reader knows exactly what you are showing.
The assignment must be paginated.
The assignment must be spell-checked
and grammar checked. (Sloppy grammar, spelling and syntax is not acceptable
in a C-level course at UTSC, and will probably result in a failing grade
on the assignment.)
Facts taken from outside
sources, quotes, and the opinions of other must be footnoted. (Plagiarism
is an academic offence and will result in a failing grade on the course.)
Provide a bibliography at
the end of the paper.
There are no length limitations
Value of This Assignment
This assignment represents
25% of your final grade for the course.
Analysis of Competitive Strategy
Instructions
1. You may write this as
an individual assignment or, if you choose, you may
collaborate with
another student and submit a jointly authored assignment.
It is advisable to do it
in a group since there is a lot of work to do, but some students, due to
personal considerations
cannot easily find time
to meet with other people in a typical "group work" project.
2. Select any reasonably large, high profile, publicly-traded Canadian or US company as the subject for your analysis.
3. Your report must address the following questions and issues:
Part 1 Introduction and
Overview
In your own words (do not
simply cut and paste a lot of irrelevant historical detail or marketing
puff from the company's Annual Report), provide a brief overview of your
subject company: Its industry or markets, the size and scope of its operations,
its principal products or markets, its key rivals, and any significant
issues facing either the firm or its industry that may impact on its mission,
its environment, or strategy in the next 5 years. This should require no
more than 2-3 pages.
Part 2 Competitive Advantage
or Disadvantage
Identify whether the company
has a competitive advantage or disadvantage in its main markets. Provide
hard, empirical evidence to support your analysis. This might include any
of: return on investment data, revenue growth, gross margins, or market
share. These must be compared to industry averages or to the firm's two
or three principal competitors. This should require no more than 2-3 pages.
Part 3 Sources of Advantage
or Disadvantage
Using the four generic building
blocks of competitive advantage (efficiency, quality, innovation and customer
responsiveness) provide analysis as to why the firm enjoys competitive
advantage or suffers a disadvantage. Provide hard, empirical evidence to
support your analysis. This might include appropriate measures of factor
productivity, R&D spend, evidence of good or bad quality control, customer
turnover or satisfaction, relative to the industry, or the firm's principle
competitors. You might consider using the value chain to help you structure
your analysis.
Part 4 Strategic Choices
Evaluate how the company
has chosen to compete in its primary markets: through cost-leadership,
through product differentiation, or through focusing on product/market
niches. Is this/has this been an appropriate competitive strategy?
This means "discuss", not
"telling"
Discuss means sentances
such as
Submission Date
Written submission is due
at the beginning of class in Nov _________
Late submissions will be penalised. Refer to course outline for the policy regarding late submissions.
Value of This Assignment
This assignment represents
25% of your final grade for the course.
Format Specifications
The assignment must be bound
with a transparent cover.
The assignment must have
a proper title "MGTC41 Assignment #3"
with the name of the company,
and the proper spelling of the group members, first names first and last
names last
You must include an Executive
Summary, which provides a very brief synopsis of your analysis and
conclusions
There must be a Table of
Contents and number your pages.
Where possible, embed any
graphs and charts into the text, so the reader does not have to flip to
appendices at the back of the paper to find relevant data.
Tables and graphs must be
clearly titled and labeled, so the reader knows exactly what you are showing.
Tables and graphs must only
show data that is discussed in the body of the text. If you do not want
to discuss or analyse data in a table that you copy from the firms annual
report or website, you must create your own graph or table.
The assignment must be spell-checked
and grammar checked. (Sloppy grammar, spelling and syntax is not acceptable
in a C-level course at UTSC, and will probably result in a failing grade
on the assignment.)
Facts taken from outside
sources, quotes, and the opinions of other must be footnoted. (Plagiarism
is an academic offence and will result in a failing grade on the course.)
Provide a bibliography at
the end of the paper.
It is also advisable to
explain who in the group did what.
This is an individual assignment,
i.e. the work is to be performed by the student alone. Discussion and debate
between fellow students is encouraged, but the final written submission
must represent your own work. Plagiarism is an academic offence and will
be penalised accordingly.