COURSE DESCRIPTION
Managerial knowledge, skills and capabilities needed for rapidly growing or emergent businesses. Identifying the growth industries, products and services with highest potential for southern California’s 21 st Century. Managing the problems of growing companies including the transition from entrepreneurial to professional management. 4 lecture/problem-solving. Prerequisite: MHR 320
MHR 425 - COURSE OBJECTIVES - SUMMER 2007
1. Develop skills in business/company and industry research for career interviews and other business courses.
2. Understand emergent ventures or "fast companies" and their strategies through case analysis
3. Utilize Internet resources to learn about venturing
4. Experience venturing including entrepreneurs seeking startup and growth funding
5. Understand informal investors (friends, family and fools) as well as angel and venture financing
6. Develop skills in oral presentations in front of class
7. Develop skills to working teams
8. Develop research and writing skills (learn business writing) by developing a growth plan for a California "fast company"
9. Develop a personal wealth portfolio demonstrating introductory learning about investments including paper assets (stocks, options, ETFs or mutual funds,) real estate, as well as starting a business.
AACSB: DEFINITIONS OF CORE COMPETENCIES
Business Integration Skills
Ability to solve problems and present solutions from multiple functional perspectives by identifying the critical external and internal forces that impact managerial decisions.
Creativity Skills
Ability to broadly view a problem or situation from a new, original, or imaginative perspective and generate possible solutions.
Critical Thinking Skills
Ability to recognize, define, and analyze problems and opportunities; ability to respond to or solve diverse and unstructured problems; ability to find information and interpret its relevance; ability to read, critique, and judge the value of information; and ability to analyze the truthfulness of factual representation.
Ethical Decision-Making Skills
Ability to make ethical choices; ability to use personal and professional values in decision-making; ability to understand social responsibilities; ability to understand the ethical standards of conduct for each business specialty.
Global Awareness Skills
Ability to know, understand, apply and respond effectively to the global environment of business.
Leadership Skills
Willingness and ability to assume responsibility and accountability.
Motivation and Working Under Pressure Skills
Ability to persevere on assigned tasks in the face of obstacles; ability to deal with pressures and deadlines; and ability to adapt to multiple demands, shifting priorities, ambiguity, and change.
Teamwork and People Skills
Ability to explain group dynamics; ability to interpret and implement interpersonal communications skills; ability to identify how to work with people; ability to manage conflict; ability to practice (or implement) team development, problem-solving, and decision-making methods; and ability to explain why teams work.
Information Technology Skills
Ability to use current information technology in order to solve problems using the appropriate hardware, software, and communication technology.
Written and Oral Communication Skills
Ability to present views in writing with appropriate content, language, organization, and mechanics; ability to make formal and informal presentations; and ability to effectively listen.
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Last Updated: Oct 1, 2007