Final Reminders

Before we depart for the holidays, here are some final reminders about next week’s submission deadline!

Your term project and extra credit submissions are group activities, and thus should be uploaded to your group folders. Your make-up submissions are individual activities, and thus should be sent to me via email.

There is one exception. If you are a “group of one,” you can (if you wish) upload your make-up submissions to your folder and still maintain your privacy.

I’ll respond to each student with a “confirmation of receipt” email message within 24 hours of the submission deadline. You must respond to my message immediately if you believe that I have not received some element of your work.

And when is your work due? Unfortunately, that’s a bit complicated! According to our Course Series Chart, our 5:30 pm section falls within the 4:00 pm section time slot. It is Series U.

And according to our Final Exam Schedule, Series U’s exam occurs at 4:00 pm on Thursday 12/14. So all work is due on Thursday at 4:00 pm.

Good luck with all of your final exams and projects! And then … enjoy the holidays.  🙂

Wrapping Up

Are you ready to wrap up the semester? Let’s review our agenda for the next two weeks:

This Week

We won’t schedule any advance reading assignments this week. Thus, each quiz will only cover the content that we discussed during the previous session.

Incidentally, I summarized last week’s Common Grounds Cafe content (that I wrote on the whiteboard) in a MS Word handout entitled Common Grounds. You can download the handout from our blog’s Documents folder.

Final Exam Week

Your term project and extra credit submissions are group activities, and thus should be uploaded to your group folders. Your make-up submissions are individual activities, and thus should be sent to me via email.

There is one exception. If you are a “group of one,” you can (if you wish) upload your make-up submissions to your folder and still maintain your privacy.

I’ll respond to each student with a “confirmation of receipt” email message within 24 hours of the submission deadline. You must respond to my message immediately if you believe that I have not received some element of your work.

And when is your work due? Unfortunately, that’s a bit complicated! According to our Course Series Chart, our 5:30 pm section falls within the 4:00 pm section time slot. It is Series U.

And according to our Final Exam Schedule, Series U’s exam occurs at 4:00 pm on Thursday 12/14. So all work is due on Thursday at 4:00 pm.

In the meantime, see you on Tuesday … for our final week of class meetings!  🙂

Term Project

Happy Thanksgiving! I hope you’re enjoying a delightful holiday break.

As you know, we’re planning to dedicate the final two weeks of the course to our term project and extra credit activities. On Tuesday, we’ll discuss effective communication techniques. And on Thursday, we’ll dive into the development of a financial accounting plan for an off-campus PC program.

In advance of our class on Tuesday, please watch the first seven minutes and forty five seconds of an interview with Amazon founder and CEO Jeff Bezos. In particular, please pay attention to the final two minutes of this segment regarding Amazon staff meetings.

In addition, in advance of Tuesday’s class, please read a speech by a former President of the United States.

Then, in advance of our class on Thursday, please watch a pair of videos. The first one is embedded in a PCSB web page entitled Common Grounds Cafe Offering Memberships. It is approximately four minutes long.

And the second one is embedded in another PCSB web page entitled Fireside Chat with the Dean: Common Grounds Cafe. It is also approximately four minutes long.

Tuesday’s quiz will only cover the advance assignment for that day. Thursday’s quiz will cover the advance assignment for that day and the material that we discussed in the classroom during the previous session.

Hey, let’s get ready for the home stretch of the semester! And in the meantime, please enjoy the extended weekend.

Happy Thanksgiving!

Welcome to Thanksgiving Week! And, of course, to the start of our holiday season.

As you already know, this week is an abbreviated one for us. We’ll only meet one time, on Tuesday.

The advanced reading assignment for that day will be the concluding chapter of our handbook. It is Chapter 20, and it is entitled Final Thoughts.

Our quiz will cover that reading assignment. It will also cover the Integrated Reporting “Octopus” framework, the Enterprise Risk Management cube, and the lowest “Inputs” level of the Valuing your Talent framework.

We discussed these frameworks in class last Thursday. The links to these frameworks are included in the Extra Credit and Makeup Activities handout that we reviewed in class, and that is available in our online Documents folder.

Please note that only the Octopus-shaped chart on Figure 2 (page 13) of the Integrated Reporting document, the cubic chart on page 5 of the ERM document, and the four-box Input row of the VyT chart will be quizzed. Although these images are included in very lengthy documents, you will not be quizzed on those entire documents … just the content in the images!

Finally, in our Documents folder, please note that I have replaced the PDF document entitled Final Exam Project with a revised version entitled Final Exam Project (Modified). It clarifies the scope of the project, and specifically refers to the Giving Voice to Values (GVV) essay requirement of our term project.

We’ll briefly review this modified document on Tuesday. And then we’ll say farewell and disperse to celebrate Thanksgiving!

Investment Value (Conclusion)

Good news! We’re about to complete our review of the components of a management plan. This week, we’ll bring our discussion of Investment Value to an exciting conclusion.

On Tuesday, our quiz will cover the DuPont Ratio sheet of the Financial Analysis handout that we discussed in class last week. Then, during our session on Tuesday, we’ll discuss the remainder of that handout, and the Regional Airline Balanced Scorecard that we noted in last week’s blog post.

On Thursday, our quiz will cover the content of our Tuesday session. We’ll wrap up any loose ends, and then turn our attention to our term project and our extra credit activities.

Please keep in mind that our advance reading assignments will be covered on our quizzes as well. And what will they be?

  • For our Tuesday session, please review the Regional Airline Balanced Scorecard.
  • For our Thursday session, please read Chapters 14, 15, and 16 of our Handbook. In other words, please read Part VI, entitled Investment Value.

That task will conclude our review of the intellectual content of the course. And then things will get even more interesting, as we shift our focus to case applications.

Investment Value

We’ve done it! We’ve reached the final Part of our business management and planning process. The Investment Value stage wraps up all of the preceding stages, and determines whether the projected profits of the proposed opportunity are expected to justify its costs and risks.

As we briefly discussed last week, the handouts for the first two chapters of the Investment Value section have been uploaded to our Documents folder. In advance of our class on Tuesday, please review the PDF file entitled Financial Statements. And in advance of our class on Thursday, please review the PDF file entitled Financial Analysis.

You don’t need to follow every number and every calculation in those handouts. But you should be able to glean a general idea of the nature of the business opportunities that are addressed therein.

Our discussion material for the final chapter of the Investment Value section is a detailed balanced scorecard document for a regional airline. However, you do not need to review it in advance of either class session this week.

Once we complete this week’s course work, we’ll be ready to turn our attention to our term projects. And we’ll also be ready to discuss the Save The Blue Frog case platform that has been hosting our course blog.

As always, though, let’s simply focus on taking one step at a time. This week, it’s Investment Value!

Revenue

First and foremost, thank you for following up with your brief term project descriptions last week! By the time we meet on Tuesday, I will either upload my own brief comments to your online folder, or I will contact you by email if I have any noteworthy concerns.

And how shall we occupy our time this week? As always, let’s run through our reading assignments, quiz topics, and term project plans in sequence.

Advance Reading Assignments

In advance of our Tuesday session, please review the profit spreadsheet that I developed in class last week. I have uploaded it to our blog’s Documents folder as an Excel spreadsheet entitled Coffee Profits.

Then, in advance of our Thursday session, please read Chapters 11, 12, and 13 of our handbook. In other words, please read Part V, entitled Revenue Estimation.

Quizzes

As always, at the start of each session this week, we will take a brief quiz. It will encompass the content that we reviewed during the previous class session, and the advance reading assignment for the current session.

Although I mentioned that we might try to take one of the quizzes via cell phone this week, it appears that the technology is not fully accessible for our use. So I regret that we’ll need to employ our customary paper based method!

Term Project

We’ll continue our discussion of the term project this week, but we won’t assign any additional tasks to be completed.

Instead, I’ll simply ask you to accomplish one more task …

Have a Happy Halloween!