BU 121: Winter 2015 Func!onal Areas of the Organiza!on

BU 121: Winter 2015 Func2onal Areas of the Organiza2on Today’s Topics •  Introduc2ons –  Instructor –  Students • 
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Objec2ves Materials/Methodology Assessments Success Strategies Important Dates Stakeholders
Planning
CRITICAL SUCCESS
FACTORS
Organizing
Mission
Vision
Controlling
Strategy
Motivating
Course Objec3ves •  Integra2ve framework* –  Business plan development •  New Venture Project •  Introductory overview to func2onal areas •  Development of ‘soM skills’ –  decision-­‐making, communica2on, leadership/team management, emo2onal intelligence, nego2a2ng •  Pitch Assignment •  Business vocabulary •  Professional expecta2ons –  Code of Conduct – Statement of Academic Integrity Required Materials •  Func4onal Areas of the Organiza4on – custom text –  4th Edi2on –  Online chapter quizzes •  Business 121 Lab Manual –30th Edi2on –  Assessment coupon •  Top Hat –  Quick Start Guide on course website Methodology •  Readings – text – online quizzes and lab manual •  Lectures –  PowerPoint slides are not a subs2tute for class notes! •  Weekly Labs – start next week –  Lab Registra2on* •  Must register for weekly lab – details on next slide •  A\endance at labs is compulsory –  only allowed 1 un-­‐validated absence and 1 ‘make-­‐up lab »  must have the TA of the a\ended lab sign a Lab Makeup Form you download from the website and bring to the lab –  OR you lose all marks assigned to labs = 45% –  make-­‐up labs should only be used if absolutely necessary –  Any labs missed will result in the loss of 1 par2cipa2on mark »  3 lates = 1 absence for purposes of par2cipa2on marks Lab Registra3on Instruc3ons •  www.wlu.ca/sbe/bu121 on Wednesday, January 7th at 8 a.m. •  click the link that says “BU121 – Winter 2015” and follow instruc2ons carefully •  select school, program and lecture sec2on •  register in an appropriate lab •  WATERLOO STUDENTS: –  Use your WLU Student Iden2fica2on Number (UW number plus a “zero”) –  Check your midterm schedule before selec2ng your lab 2me! •  Register before labs start next week but if you must change your 2me, do so before Friday, January 16th at 4 p.m. when registra2on closes There are prompts and reminders to assist you throughout the site. However, if you s3ll have ques3ons, click the support link on the site. Step 1 – Click link to register Step 2 – Either create an account or Login, then follow instruc3ons on screen Par3cipa3on Grade = 10% 5 marks for hand in of lab prep or in-­‐lab exercises • 
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Excellent = 1 mark Acceptable = .5 marks Poor/Incomplete = 0 marks 5 marks for quality and consistency of par2cipa2on • 
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WOW = 3 marks – par2cipa2ng consistently, respecgully and with high quality – adding value to the lab discussion GREAT= 2.5 marks – par2cipa2ng consistently, usually high quality GOOD = 2 marks – reasonably consistent, decent quality AVERAGE = 1.5 marks – reasonably consistent, average quality WEAK = 1 mark – inconsistent, lower quality POOR = .5 marks – rarely par2cipated, poor quality OR some2mes disengaged, on electronics, or talking while others are talking NO CELLPHONE/LAPTOP POLICY UNACCEPTABLE = 0 marks – did not par2cipate OR disrup2ve and disrespecgul, called out for behaviour OR absent for the lab Extra Resources = op2onal extra par2cipa2on marks! •  Opportunity to earn up to 2 extra par2cipa2on marks to a maximum of 10% par2cipa2on •  .25 mark each for full aDendance and engagement at a maximum of 4 non-­‐
review Supplemental Instruc3on/SI sessions = 1 mark -­‐ www.wlu.ca/study •  .5 mark each for full aDendance and engagement at a maximum of 2 Success Workshops = 1 mark •  .5 mark for full aDendance and engagement at 1 Business Wri3ng Workshop = .5 marks Assessments/Grading •  15% -­‐ Individual lab assignments/assessments –  5% Pitch –  10% Par2cipa2on (as discussed) •  30% -­‐ Team-­‐based lab assignments/assessments –  New Venture Business Plan •  5% Team Plan and Timeline •  7% Business Model Canvas •  10% Business Plan Report –  Groups are required to meet with their TA to show progress on their business plan. Failure to meet requirements will result in a 10% deduc4on •  8% Business Plan Presenta2on •  25% -­‐ Midterm Exam •  30% -­‐ Final Exam (with short case) Late policies! All assignments must be submiaed in hardcopy and to turni3n before noon on the due date. Peer evalua3ons for group work are due by 11:59pm on the due date. Late policies: –  Late in hardcopy = 0 on the assignment –  Late to turni2n and/or late peer evals •  = 10% penalty if submi\ed within the first 72 hours aMer the deadline •  + addi2onal 10% penalty if submi\ed within the next 24 hours •  + addi2onal 10% penalty if submi\ed within the following 24 hours •  0 on the assignment if not submi\ed to turni2n or no peer eval –  Late comple2on of required assessments (lab manual coupon) = maximum 3 marks deducted from individual’s grade on Team Plan and Timeline (note that assignment is worth 5 marks) •  .5 mark penalty per assessment if done within 72 hours aMer the deadline •  + addi2onal .5 mark penalty per assessment if done within next 24 hours •  + addi2onal .5 mark penalty if done within the following 24 hours Important Informa3on – read carefully! •  Academic misconduct is viewed very strictly –  Assignments must be submi\ed to turni?n.com –  Personal Work Statements are required to receive assignment marks –  A signed Statement of Academic Integrity must be hand in to your TA in the first lab. •  Midterms and finals are controlled access –  No deferred midterm; Verifica?on of Illness form required if you are ill –  Final exam deferrals must be pe22oned; no deferrals due to travel plans •  Group work is taken very seriously – “firing” •  Every effort is made to ensure student privacy –  only student e-­‐mails from university accounts will be returned •  Reminders: –  You must pass one of the exams to pass the course –  Due dates are rigid – late assignments will be given 0 –  Turni2n and Peer evalua2ons required; late penal2es apply. How to Succeed •  Get help BEFORE you need it! –  Go to weekly SI Sessions –  Go to the monthly Success Sessions –  Meet with an Academic Advisor, your TA, Prof and/or SI tutor •  Manage your 2me… Important Dates •  Lab Registra2on –  Starts Wednesday, January 7th •  Assignments: – 
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Assessment Deadline – Friday January 16th Team Plan and Timeline – Friday January 30th Pitch – week of February 2nd in labs Business Model Canvas – Friday February 13th Required Progress Mee2ng with TA – before Friday March 6th New Venture Report – Friday March 13th New Venture Presenta2ons – weeks of March 16th and 21st in labs •  Midterm Exam –  Saturday February 28th 1:30–4:00pm Important Dates cont’d •  Success Seminars: –  Strategies for Success Workshop – Sunday Jan 18th – 2me TBA –  Midterm Success Workshop – Sunday Feb 22nd – 2me TBA –  Finish Strong Workshop – Sunday March 22nd – 2me TBA January 1 2 3 4 5 6 7 Lab Reg’n starts 8 9 10 11 12 Labs Start 13 14 15 16 Assessment Deadline 17 18 19 Strategies for Success Workshop 20 21 22 23 24 25 27 28 29 30 Team Plan and Timeline DUE 31 26 February 1 2 Pitches in Labs 3 4 5 6 7 8 9 10 11 12 13 14 Business Model Canvas DUE 15 16 Reading Week 17 18 19 20 21 22 Midterm Success Workshop 23 24 25 26 27 28 MIDTERM March 1 2 3 4 5 BEFORE 6 Required Mee2ng with TA 7 8 9 10 11 12 13 New Venture Plans DUE 14 15 16 NV Presenta2ons 17 18 19 20 21 22 23 NV Presenta2ons 24 25 26 27 28 29 Finish Strong Workshop 30 31 April 1 2 3 4 Good Friday – no classes 5 6 Makeup classes for Good Friday 7 8 9 Exams Start 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Exams End 29 30