Innovative EMBA Program in the 21st Century

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Innovative EMBA Program in the 21st Century

• MGMT 699 - Group Project
• Team Members
• Barbara Jamgochian, Laura Slavin, Manal Morcos,
  Tonya Vu,
• Lee Thompson, Brian Boyle, Jim Doumato

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Agenda

• Introduction Overview
• Correspondence, International Business
  Communication, and Social Custom
• Dynamic Discontinuous International Management
• Monetary Policy
• Leadership in the 21st Century
• Entrepreneurial Studies
• Art of Negotiations

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Introduction Overview

• Traditional MBA not practical in 21st century
• Students encouraged / required to have certain
  amount of work experience prior to enrolling in
  MBA program
• Student mixture various backgrounds / industry
  experience
• Professors with integrated practical skills
• Collaboration cooperation of professors within
  the MBA program

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Introduction Overview

• Unstructured Format
• Theory history as background
• Focus on interactive group discussions (what
  if.?)
• Guest speakers from current, relevant business
  situations that tie into objectives of courses
• Practical team/class projects encouraging student
  creativity
• Traditional textbooks not required reading

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Introduction Overview

• Dynamic interaction student involvement in
  curriculum
• Elimination of archaic course requirements
• Ongoing development of current, relevant
  topics/courses/speakers
• Flexible syllabus keep adjusting as you go and
  as needed

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Correspondence, International Business
Communication, and Social Customs

• Correspondence
• Informal and formal e-mail, technical writing,
  letters
• Public Speaking
• How to read your audience (understanding body
  language)
• Owning the room
• Joke telling in the global workplace
• Social Customs
• Business cultural practices (offensive behavior,
  proper attire)
• Achieving success by knowing your international
  customers/employees/competition

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Dynamic Discontinuous International Management

• Designing organization capable of coping in
  dynamic business environment
• Leveraging essential elements of structure to
  transfer knowledge across organizational members
• Change management (coping with resistance)
• How do managers successfully obtain cooperation
  of employees in implementation and success of
  change?
• Motivating employees and designing attractive
  incentive system
• Example of SAS employees salaries low, but great
  benefits, low turnover rate
• Understand manage complex social interactions
  w/diverse and differentially motivated
  individuals

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Dynamic Discontinuous International Management

• Measuring and managing performance
• Strategy
• Define strategy for competitive, dynamic
  environment
• Define effective leadership style for
  implementation of strategy
• Identifying cultural of the organization
• Managing conflict between cultural subgroups
• Major failure of mergers inability of management
  to create an adaptive common culture
• Motivating performance across the organization
• Managing international work forces
• Understanding of culture differences

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Monetary Policy

• National and Global Economic Activity
• Risks and Regulations in the Global Economy
• Foreign Study Trips
• Guest Speakers
• Counter Trade/Asset Trade pattern of currency
  trade not driven by the pattern of real trade
  (e.g. GE)
• Exchange Rate whether transactions are executed
  directly or indirectly affects exchange rate
  determination

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Monetary Policy

• Interest Rate
• International Interest Rate Interdependence
• Measurement of Interest Rate
• Unemployment and Inflation
• Order Flow
• General Public Information -gt Price
• Specific Private Information -gt Order Flow -gt
  Price
• Financial Regulations
• Financial integration between countries
• Capital Mobility

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Monetary Policy

• Gross National Product
• Price Measures
• International Fiscal Monetary Policy
• Cost Benefit Analysis Taxation
• International role of currencies
• Pattern of cross-cultural currency exchange

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Leadership in the 21st Century

• Driving Innovation through Culture, Mergers,
  Alliances and Acquisitions
• Innovation
• How innovation can redefine a company and the
  marketplace in which it operates.
• Mergers and Innovation
• Merging companies to harness the innovation
  within.

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Leadership in the 21st Century

• Driving Innovation through Culture, Mergers,
  Alliances and Acquisitions
• Alliances and Innovation
• How successful Strategic Alliances allow
  companies to be successful together.
• Acquisition and Innovation
• How acquisition can be used to access
  innovative technology.

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Leadership in the 21st Century

• Successful leaders of our time
• The psychology and culture of the marketplace in
  which they operate.
• Why were they successful?
• What actions drove them to be successful?

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Leadership in the 21st Century

• Technology Redefined through Leadership
• Creative Destruction and Technology
• Technology redefines the workplace.
• Technology creates the marketplace.

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Entrepreneurial Studies

• The Entrepreneurial Spirit is it in all of us?
• Risk Analysis assessment and management
• Business Planning
• Marketing Research Methods Consumer Analysis,
  Market Analysis, Competitive Analysis, Marketing
  Mix, Economic Evaluation
• Marketing Strategies
• Financial Planning

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Entrepreneurial Studies

• Small Business Management
• Cash Management
• Human Resource Issues
• Legal and Regulatory Concerns
• Ethical Issues
• Operations
• Control of Growth
• Distribution and Sales
• Exit Strategies

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Art of Negotiations

• Strategy Planning
• Persuasion, manipulation, and intimidation in
  negotiation
• Psychology of negotiations
• Emotional, cultural, strategic and ethical
  negotiation style, and which one is the most
  effective?
• Challenges of cross cultural negotiation jokes?
• Hot words of the 21st century (how to leverage
  them, and then recognize when others are using
  them, and really don't know what they are talking
  about)

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Recommended Texts

• The Art of War, Sun Tzu
• Crime and Punishment, Dostoevsky
• Hitchhiker's Guide to the Galaxy, Adams
• The Divine Comedy, Dante Alighieri
• War and Peace, Leo Tolstoy
• Relativity, Albert Einstein
• Curious George and the man in the yellow hat,
  H.A. and Margaret Rey
• The Tao of Poo, Benjamin Hoff
• The Chick and the Duckling    by Mirra Ginsburg
• The Idiot    by Fedor Dostoevsky
• Strategy Safari    by Henry Mintzberg
• Ackoff's Best     by Russell Ackoff
• Zen and the Art of Motorcycle Maintenance   by
  Robert M. Pirsig
• The Art of Demotivation   by E.L. Kersten
• Karaoke Capitalism    by Jonas Ridderstrale and
  Kjell A. Nordstrom
• Funky Business    by Jonas Ridderstrale and Kjell
  A. Nordstrom