Course Description
This course will focus on introducing students to the key principles of creating economic value in an organization. Students will learn how to use various strategic, economic, and financial tools to analyze the current competitive condition of an organization and create an organizational business strategy to promote business sustainability and resilience. Formerly titled: Business and Economics of an Organization (3 credits)
Prerequisite
- OEL 501: Driving Organization Adaptability through Learning Organizations
Student Learning Outcomes (SLOs)
Students who successfully complete this course will be able to:
- Interpret key principles of creating economic value in organizations and deeply understand value-generation factors.
- Explore how to merge strategic, economic, and financial tools to dissect an organization's competitive stance, pinpointing strengths, weaknesses, opportunities, and threats.
- Articulate business strategies effectively, combining economic insight with strategic and financial considerations to bolster organizational sustainability and resilience.
- Integrate practical exercises that include economic, financial, and strategic planning tools, such as scenario analysis and cost-benefit evaluations, to bolster skills in making informed business decisions.
- Devise strategies fostering business durability and adeptly maneuver in ever-evolving business landscapes, balancing economic and strategic aspects.
Applicable Program Learning Outcomes (PLOs)
PLO 1: Formulate policies and practices that integrate the knowledge gained in the functional areas of leadership and management following ethical standards, and incorporating diversity, intercultural, and global dimensions of business.
PLO 2: Integrate leadership theory, styles and practices that promote and achieve an organization vision and mission.
PLO 3: Create organizational design and change strategies employing the appropriate knowledge, tools, and models to promote organizational efficiency, effectiveness, and adaptability in a complex business environment.
Course Activities and Grading
Assignments | Weight |
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Discussions (Weeks 1-8) | 18% |
Writing Assignments (Weeks 1-7) | 70% |
Final Project (Week 8) | 12% |
Total | 100% |
Required Materials
There is no required text for this course. Students instead must acquire the Harvard Course pack articles.
HBR Coursepack: https://hbsp.harvard.edu/import/1150552
Harvard Coursepack Articles:
See Week 1 Course Content for instructions on how to purchase these articles. These articles cannot be purchased through the Charter Oak State College Bookstore.
- Title 1: Managing Your Team's Emotional Dynamic
- Title 2: Manage Your Customer Portfolio for Maximum Lifetime Value
- Title 3: How the Wrong KPIs Doom Digital Transformation
- Title 4: How High Achievers Overcome Their Anxiety
- Title 5: Cultivating the Four Kinds of Creativity
- Title 6: How to Communicate Your Company's Strategy Effectively
- Title 7: Make the Most of Your One-on-One Meetings
- Title 8: The four types of intuition managers need to know
- Title 9: The application of leader character to building cultures of equity, diversity, and inclusion
- Title 10: Pricing as a Driver of Profitable Growth: an Agenda for CEOs and Senior Executives
- Title 11: Leadership Mindsets: Why New Managers Fail and What to do About it
- Title 12: Rethinking Managership, Leadership, Followership, and Partnership
- Title 13: Green Economy Growing Pains
- Title 14: Making Your Marketing Strategy Work
- Title 15: How Managers Can Address Their Own Biases Around Mental Health
Course Schedule
Week | PLOs | SLOs | Readings and Exercises | Assignments |
1 | 1-3 | 2 | Topic: Harmonizing Team Dynamics and Customer Value: A Strategic Approach to Success Readings:
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2 | 1, 3 | 1 | Topic: Navigating Digital Transformation: Overcoming Anxiety and Ensuring Effective KPIs Readings:
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3 | 1-3 | 3 | Topic: Nurturing a Spectrum of Creativity: The Four Kinds Unveiled Readings:
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4 | 1, 3 | 4 | Topic: Strategic Communication Excellence: Maximizing One-on-One Meetings for Company Strategy Success Readings:
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5 | 1, 3 | 4 | Topic: Leadership Insight: Integrating Managerial Intuition and Character for Inclusive Cultures Readings:
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6 | 1-3 | 5 | Topic: Strategic Leadership Synergy: Pricing for Growth and Cultivating Mindsets for Managerial Success Readings:
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7 | 1, 3 | 1 | Topic: Navigating the Green Economy: Rethinking Leadership and Partnership Amid Growing Pains Readings:
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8 | 1-3 | 2 | Topic: Holistic Success: Marketing Strategy Effectiveness and Managerial Biases in Mental Health Readings:
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COSC Accessibility Statement
Charter Oak State College encourages students with disabilities, including non-visible disabilities such as chronic diseases, learning disabilities, head injury, attention deficit/hyperactive disorder, or psychiatric disabilities, to discuss appropriate accommodations with the Office of Accessibility Services at OAS@charteroak.edu.
COSC Policies, Course Policies, Academic Support Services and Resources
Students are responsible for knowing all Charter Oak State College (COSC) institutional policies, course-specific policies, procedures, and available academic support services and resources. Please see COSC Policies for COSC institutional policies, and see also specific policies related to this course. See COSC Resources for information regarding available academic support services and resources.