Transcript ADM 1100 M – Introduction to Business Management

ADM 1100 B/ ADM 1300 D –
Intro. to Business Management
Introduction to
Business Management
The best class you will take this
year!
Agenda
• Course Outline
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Objectives
Topics to uncover
How we will learn
Textbook and Website
Evaluation
Expectations
• Case Study Guidelines
• Agenda for Next Class
PLEASE NOTE…
• This is a combined course for
ADM 1100 and ADM 1300.
• There are several differences in
the deliverables. Please listen
carefully!
A Little About Me
• Born and raised in Nova Scotia
• Education – U of Ottawa and Dalhousie
University
• Public and Private sector experience
• Office: Desmarais Building, room 1111 C
• Office hours: Mondays and Thursdays 4:30 –
6:00 p.m.
Course Objectives
• Provide knowledge on methods
organizations use to operate effectively
• Understand manager’s role and functions
• Learn how managerial functions are used
in the management of various resources
Topics to Uncover
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The Manager
Business Ownership
Management Thought
The Business
Environment
• Ethics and Social
Responsibility
• Decision Making
• Goal Setting
• The Process of
Management
• Business
Communication
• Finance, Accounting
• Human Resources
• Marketing
How We Will Learn
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Presentations
Discussions
Readings
Case Studies
News Articles
Textbook and Website
• Introduction to Business Management ( a
custom version), Pearson Education, 2010.
• www.doc-depot.management.uottawa.ca
Evaluation for ADM 1300
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Mid-term Examination (Oct. 21) = 25%
Final Examination (TBA) = 35%
Individual Case Study (Nov. 10) = 20%
Seminar Group (DGD) = 20%
Evaluation for ADM 1100
• Mid-term Examination (Oct. 21) = 30%
• Final Examination (TBA) = 35%
• Individual Case Studies (Oct. 6 and Nov.
10) = 15% and 20%
Exams
• Mid-term Examination
– Covers all material covered up to and
including October 13, 2011
• Final Examination
– Covers entire course
– 85% emphasis in material since Mid-term
examination
• Multiple Choice and Essay Style
Questions
Individual Case Study Reports
• Due at the beginning of class
• 3 weeks to do: Cases will be posted on
Doc Depot
• Use proper Case analysis method
• Typed; proper format
Weekly Seminar (DGD) –
ADM 1300 only!
• Start the week of September 18th
• Attendance is mandatory
• Conducted by Teaching Assistant
Seminar Marks –
ADM 1300 only
Group Case #1
Group Case #2
Individual Case Analysis
Total
4 marks
6 marks
10 marks
20 marks
• Attendance is compulsory; if 3 or more are
missed, 0/20 marks awarded.
Fraud
• Please look online:
http://www.sass.uottawa.ca/writing/centre.php
• Fraud of any kind is simply
NOT Tolerated
• No second chances
Failure Rate
• On average, over the past five years, there
has been about a 15% failure rate in this
course…
But, let’s talk
about success!
• Great foundation course
• Gives an overview of all functional areas
of business
• Shows you what you can expect
• The course is demanding, but it is
rewarding
Expectations of Professor
• Deliver required course content
• Provide a meaningful learning
environment
• Provide appropriate and timely feedback
• Be prepared
• Be fair
• Be fun
Expectations of Students
• Be prepared – keep up to date with
content
• Have passion to learn (hopefully
business)
• Be courteous
• Be punctual – with class and
assignments
• Active participation
Questions Anyone?
The Case Method
A rational, logical, decision
making process
What is a Case?
• A real-life business problem
• Apply theoretical concepts to an
actual situation
• Develop decision-making skills
Case Format
• Executive Summary (5 marks)
• Assumptions
• Problem Statement (15 marks)
– satellite problems / central problem(s)
– implications on the organization
– implications on the personnel
Case Format (cont’d.)
• Alternative Solutions (50 marks)
• Recommended Solution (5 marks)
• Implementation (15 marks)
– immediate; short-term; long-term
• Grammar (10 marks)
Key Factors When Preparing
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Are my assumptions reasonable?
Do I really understand the problem?
Have I looked at all viable alternatives?
Is my decision realistic? Does it proceed in a
logical fashion?
• Have I outlined reasonable methods as to
how my solution can be implemented?
Step by Step Summary
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Read case a minimum of 2-3 times
Make any reasonable assumptions
List all of the apparent problems
Determine the Central Problem
What alternatives are available?
Make a recommendation
Implement the recommended solution