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4557 - Corporations and Society - Class 01 - Introduction

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4557 - Corporations and Society - Class 01 - Introduction

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4557 - Corporations and Society - Class 01 - Introduction

  1. 1. 1. Role of Corporations in Society 4557 C&S – Mike P. Moffatt October 19, 2013
  2. 2. Course Overview October 19, 2013
  3. 3. The Big Picture Corporations are subject to multiple external pressures beyond their competitive, industry settings. There is a tension between profit orientation and public interest October 19, 2013
  4. 4. The Big Picture These pressures can profoundly affect business operations, strategy and performance. As a manager, you need to know how to assess and manage external environment of business. October 19, 2013
  5. 5. Course Objects and Module Structure Module 1 (Common Module, First 10 sessions) – Rationally evaluate the tensions that arise between corporate, social and environmental interests. October 19, 2013
  6. 6. Course Objects and Module Structure Module 2 (Non-Common Module, Next 10 sessions) – Develop an understanding, from a global perspective, of the nine types of political risk and assess their impact on business operations October 19, 2013
  7. 7. Module 1 Content Business and the Natural Environment Environmental externalities and market failure Tragedy of the commons and natural capital Government regulation/Market mechanisms October 19, 2013
  8. 8. Module 1 Content Corporations and Society Globalization and out-sourcing/off-shoring Competition policy and M&As Public health and intellectual property rights Recession and the financial sector crisis October 19, 2013
  9. 9. Module 1 Scheduling Issue Tuesday Oct 15th: Marco Petta, Managing Direction, Royal Bank of Canada Time: 12:45pm to 2:10pm (Instead of usual class time) Location: Main Auditorium October 19, 2013
  10. 10. Module 2 Content: 9 Types of Political Risk Geopolitical Breaches of Contract Global Energy Capital Market Risk Terrorism Discrimination Internal Political Strife Unknowns/Uncertainty Expropriations October 19, 2013
  11. 11. C&S Evaluation Components Midterm exam (33.3%) 1-2 Person Written Assignment (33.3%) Classroom Contribution (33.3%) October 19, 2013
  12. 12. Mid-Term Exam October 23rd, 2013 (Wednesday) Closed-book, case-based exam Testing on knowledge from Module 1 October 19, 2013
  13. 13. Written Assignment Groups of 1 or 2 Due December 12th, 2013 (Thursday) Topic: Non-market issue facing a company or organization. October 19, 2013
  14. 14. Contribution in Detail Somewhat different here due to the nature of some of the classes. Mix of cases, discussions, & activities Ask clarifying questions with the terminology if it is not clear Develop a glossary Seek out assistance before you fall too far behind. Email, call or find me in my office! October 19, 2013
  15. 15. Contribution in Detail Low contribution 45 – student who attended every class, was never disruptive and never speaks 55 – student who attended every class, was never disruptive and only responded to cold calls and showed preparation 70 – student who has perfect attendance, participates “enough”, but only at a basic level October 19, 2013
  16. 16. Peer Evaluation Grading Sheet Point Value 3 Category (Frequency) Outstanding Rare (0-10%) 2 Significant Frequent (10-30%) 1 Good Common (50-70%) -1 Unsatisfactory Rare (0-10%) Components of in-class contribution The comment adds substantial value to the discussion. Demonstrates willingness to take risks in attempting to answer difficult or unpopular questions. Breaks new ground and raises the flow of discussion to a higher level, often by synthesizing material and applying multiple lenses or techniques. The comment adds value to the discussion, beyond case facts. There is evidence of analysis rather than just the expression of opinion (although some espousal of opinion is acceptable, even desirable in certain circumstances). Comments are linked to those of others, facilitating the flow of the discussion. Demonstrates knowledge of readings and other relevant course material. Incorporate relevant insights from other courses or current affairs. The comment advances the flow of the discussion (including responses to questions from the instructor). Demonstrates clear grasp of case material. Information presented is relevant to the discussion. Lack of preparation for class discussion; failure to listen. Criticisms are directed at others versus towards their ideas. Defensive behavior (e.g., aggression or withdrawal) is exhibited. Drains energy from class goals. October 19, 2013
  17. 17. Absences As per HBA program requirements, it is required that all absences must be reported to the HBA office via HBA2away@ivey.ca as well as to me. (Easiest to just include both of us on the same e-mail) October 19, 2013
  18. 18. Classroom Contribution Guidelines 45/100: no absences, no contribution 55/100: no absences, cold calls only 70/100: no absences, basic contribution (mostly 1s) Absences Excused (0) Unexcused (-1) October 19, 2013
  19. 19. Classroom Contribution 5+ absences = Inability to submit final assignment Submissions in lieu of absence not permitted Contribution scored each class We are focusing on QUALITY, not QUANTITY. We are focusing on CONTRIBUTION, not PARTICIPATION. October 19, 2013
  20. 20. My Expectations of You Attendance is mandatory Class contribution is essential Preparedness Give me feedback Respect each other Engaging atmosphere Be succinct Have fun!!!!! October 19, 2013
  21. 21. Your Expectations of Me Evaluation Balance contribution Grading consistency and transparency Ongoing feedback on contribution Out of class contribution not acceptable Harsh on cheaters Clear on expectations October 19, 2013
  22. 22. Your Expectations of Me Classroom Management Discipline classroom behaviour (contribution versus participation) Constructive feedback live in class Hold students accountable Push you on points you’re making Clearer on what is right versus wrong Foster interaction October 19, 2013
  23. 23. Your Expectations of Me Outside Classroom Be available Tactics to improve contribution October 19, 2013
  24. 24. Your Expectations of Me Class Content/Delivery Summary objectives Are we missing the point? Post slides on eZone Allow for rebuttals Diversity of delivery modes Grab our attention Debates and controversial topics Easy on the readings Less on case facts October 19, 2013
  25. 25. About Me Trained as an Economist: PhD (Ivey), MA (Rochester), BA (UWO) Writer for Rogers Media, Inc. Formerly at the Globe and Mail’s Economy Lab. Also written for National Post, Ottawa Citizen, etc. Frequent media commentator: Lang & O’Leary (CBC), EconoMix (CTV), The Agenda (TVO) Co-owner, founder, consultant: Nexreg Compliance Inc. October 19, 2013