Wednesday February 22, 2017 - Class #9

Today:

6 Key Success Factors:

These KSFs are used to determine the potential success of a business in a particular industry.

Watch This Video First

Professor Sistrunk

Here is a list of the 6 KSF

Video on 6 KSF

Using Key Success Factor (Your Career Goals)

Exam (Class #8 & #9) Starts: 
Thursday February 23, 2017 Noon until
Sunday February 26, 2017 Midnight

Monday February 20, 2017 - Class #8 -

Today:

The five forces model of competition.

FROM: Professor Sistrunk - watch first

The 5 Forces Model of Competition

created by Dr. Porter in 1979

Discussion of 5 forces model of competition

Interview with Dr. Porter

Why use this Model

Model applied to Netfix

Model applied IKEA

Wednesday February 15, 2017 - Class #7 - Risk

TODAY:


1) 2nd exam results;

2) risk;



Next week;

1) both classes will be on Youtube
    a) Monday February 20, 2017
    b) Wednesday February 22, 2017
2) chapter 3 will be covered in both classes
3) exam #3 - Thursday Feb. 23, 2017 thru Sunday Feb, 26, 2017 at Midnight

Monday February 13, 2017 - Class #6

Today:

Discuss Chapter 2

Cover two Items today from Chapter 2

1) Plan of operation:

• Goal - where are you going
• Objective - Specific Measurements
• Strategy  Plan of action - direction
• Tactics - Action Steps

2) Statements about who we are

• Mission Statement - Purpose
• Vision Statement - future
• Core Values - Cultural beliefs

Wednesday February 15, 2017 - 
Chapter 3 - Evaluating a Company's External Environment

Blog posts due from:

1. Morgan, Evans
2. Karleah, Malcolm

Wednesday February 8, 2017 - Class #5

Today in class:

Chapter #2 - Charting a Company's Direction

Overview - Important terms

1) Developing a Strategic, vision, mission and values

Mission vs Vision Statement

Write a good Vision Statement

Write a good Mission Statement

 Core Values

2) Setting Objectives

 Objectives

How To Create & Write Out Your Strategic Objectives

3) Crafting Strategy to achieve objectives and move company along

4) Execute the strategy

5) Evaluating/analyzing (internal/external forces) - make corrections

HOMEWORK:

Classmarker Exam on videos above: 
Open Thursday Feb 9, 2017 at noon - end Monday Feb 12, 2017 at 12:01 am

Write a vision Statement and mission statement about you.
Email it to me by Monday Feb 12, 2017 at 12:01 am


Monday Feb 12, 2017 - Class #6

Chapter #3 - Company's External Eviroment

Monday February 6, 2017 - Class #4

The day after:

Today

1. Sample Classmarker test
2. Blog Schedule
3. Chapter #1 - Strategy, Business Models and Competitive Advantage
4. Gratification

Wednesday Feb 8, 2017 - Assignment
Chapter #2 - Charting a Company's Direction

Wednesday February 1, 2017 - Class #3

Today:

1. We will discuss business strategies and models.
2. Make sure you are signed up on Classmarker, Schoology and have received course messages (text/email).

Homework for Class #4:

1. Chapter #1 - Finish reading
2. Take Sample Test on Classmarker: Today until Sunday at Midnight
3. Watch this video below:
4. Will have blog schedule available on Monday.