Wednesday, June 8, 2011

WEDNESDAY 6/8

IC212
TODAY:
-Drucker Chapter 5 discussion questions due.
-You took Quiz #5.
-We did a group survival exercise to show the positives/negatives of group decision making.
-We discussed Drucker Chapter 4.

HOMEWORK:
-Natasha M will bring in a current event for us to discuss.
-Read Drucker Chapter 7 & answer the following Discussion Questions:
1) What 3 characteristics did Drucker define as being unique to a CEO?
2) In the story box on page 248 Frances Hesselbein, CEO of The Girls Scouts, states that "leadership is a matter of how to be, not how to do." What does she mean?
3) How did Frank Weise, CEO of Cott Beverage, import his personality on the company when he took over? (Story box starting on page 251.)
4) How did Richard Block, president of AGI, have an impact on the actions of the company after touring the company's largest plant in Melrose Park, Illinois? (Story box on page 256.)
5) What does Drucker mean by, "Each of us is a CEO?"

Tuesday, June 7, 2011

TUESDAY 6/7

IC212
TODAY:
-Drucker Chapter 4 discussion questions due.
-We finished discussing Drucker Chapter 3.
-We will discus all of Chapter 4 tomorrow & begin to discuss Chapter 5.

HOMEWORK:
-Christa will bring in a current event for us to discuss tomorrow.
-Read Drucker Chapter 5 & answer the following Discussion Questions:
1) What 3 questions should everyone in an organization be able to answer "yes" to?
2) How did Alcoa put Drucker's ideas about putting people(employees) first into practice?
3) Between 1987 & 2000, Alcoa's lost workday rate fell from 1.87 days to how many?
4) In 2005 how many times better than the national average was Alcoa's lost workday rate?
5) In your opinion, what is the difference between efficiency & effectiveness?
6) In your opinion, what are the most effective ways for a manager to motivate his/her employees?
7) What is Whole Foods method for successfully finding the right people?
8) What are Drucker's 5 rules for hiring people? (They are listed in the box.)

Monday, June 6, 2011

MONDAY 6/6

IC212
TODAY:
-Drucker Chapter 3 discussion questions due.
-We finished discussing Chapter 2.
-We began to discuss Chapter 3 but did not get far.
-We ended class by taking Quiz #3.

HOMEWORK:
-Bobby will bring in a current event to discuss.
-Read Drucker Chapter 4 & answer the following Discussion Questions:
1) In your opinion, what are the advantages/disadvantages of group decision making?
2) What was Myelin Repair Foundation’s collaboration model?
4) How is Dell a "pioneer of collaboration?"
5) What is Toshiba’s collaborative business model?
6) Why has the Sony-Ericsson joint venture been a very successful collaboration?

Thursday, June 2, 2011

THURSDAY 6/2

IC212
TODAY:
-Quiz #1 due.
-Drucker Chapter 2 discussion questions due.
-You took Quiz #2.
-We finished our discussion of Chapter 1 and began a discussion of Chapter 2. We will finish Chapter 2 at the beginning of class on Monday and then move into Chapter 3.

HOMEWORK:
-Matt will be bringing in a current event for us to discuss on Monday.
-Read Drucker Chapter 3 & answer the following Discussion Questions:
1) Why does Starbucks exemplify what Drucker considered to be true innovation?
2) What are Drucker's 4 basic questions about innovation?
3) Pick a company that you think is innovative (other than Apple). Why do you consider the company innovative? What are the company's strengths?
4) What is systematic abandonment?
5) How do the companies, Kimberly-Clark & Peapod, exemplify Drucker's concept of systematic abandonment?
6) What are Drucker's 7 key sources of opportunities?

Wednesday, June 1, 2011

WEDNESDAY 6/1

IC212
TODAY:
-Drucker Chapter 1 discussion questions due.
-First off, excellent discussion today. If this keeps up, the 4 weeks will fly by!
-Because we ran out of time today, we did not finish our discussion of Chapter 1 nor did we take our first quiz. We will finish Chapter 1 at the beginning of class tomorrow, and as for the quiz I gave it to you as a take home. Please complete it tonight & bring it tomorrow. The Chapter 1 PowerPoint is posted on CampusWeb so feel free to use it to find some of the answers.

HOMEWORK:
-Bianca is bringing in a current event to talk about.
-Complete Quiz 1. You need to hand it in at the beginning of class tomorrow to receive any credit.
-Read Drucker Chapter 2 & answer the following Discussion Questions:
1) What does the author mean by "the customer is in the driver's seat?"
2) In your opinion, what company does a great job at satisfying its customers needs?
3) What is Medtronic? The author states that Medtronic is a company that personifies Drucker's ideal of customer focus. How?
4) What are the 4 Drucker questions that a company should answer when connecting with its customer?
5) Drucker says that "there is never only one customer." What does he mean? How do the Girl Scouts of America fit into this?
6) Pick a company and identify its core customer demographic (who accounts for a majority of the company's sales?) Then identify a secondary customer market.
7) What is the online payment business owned by eBay? What is the Internet phone service owned by eBay?
8) Why is it important/helpful for organizations to identify noncustomers?
9) How did Apple figure out that its customers wanted a car charger for the iPod?