You are on page 1of 16

X100

Introduction to Business
Think Like A CEO2025 & Beyond
Course Syllabus

Fall 2016
Section #2713
Classroom HH 1000
M & W 11:15 AM to 12:30 PM
Instructor: Myron (Moe) Kanning
e-mail: mgkannin@indiana.edu
812/855-2745 (Office)
Office : HH 3114 (Enter HH 3100)
Office Hours: By Appointment Only...Sign-Up For Appointments On
CanvasAppointment Times Are Broken Into 15 Minutes SegmentsIf
Longer A Time Is Required, Students May Sign-Up For Two 15 Minute Time
Slots.
Appointment Schedule/Times
Tuesday: 9:00 to 11:30 AM & 1:00 to 4:30 PM
Wednesday 9:00 AM to 10:45 AM

COURSE DESCRIPTION, REQUIRED E-TEXTBOOK, COURSE OBJECTIVES, &


EXPECTATIONS
COURSE DESCRIPTION:
X100 is designed to create student awareness of the practical, conceptual, & connected
fundamentals of business. The design increases student knowledge regarding the
rapidly changing, interrelated, & complex global world of business. Students are
challenged to understand how creating, organizing, & leading a high results business
expands economies & societies.
REQUIRED E-TEXTBOOK:
BusinessA Changing WorldO. C. Ferrell, Geoffrey A. Hirt, & Linda FerrellMcGraw
Hill (10th Edition)e-textbook

posted on Canvas. There is a $6.00


platform fee & a $49.33 textbook fee that will be assessed by
the Bursars office.
COURSE GOAL:
Students taking X100 gain the conceptual understanding of how to plan, create, &
synchronize a high performing business
X100 students are challenged to
conceptually & practically Think Like a CEO2025 & Beyond.
X100 STUDENT LEARNING OUTCOMES:
Just as alignment is essential to long term business success, individual course alignment
is critical to progressive student learning. X100 learning outcomes are linked to the
Kelley School of Business learning goals. The Kelley learning goals are listed on an
appendix as the last two pages to the syllabus. The linkage of each X100 learning
outcome to the Kelley goals follow:

Given general business problems from various functional areas, students will
be able to identify the best solution to the problems. (This learning outcome
supports Kelley Learning Goal #1An Integrative Point of View &
Kelley Learning Goal #3Critical Thinking & Decision Making It also
supports IU General Education SH Learning Outcome #2, critical &
creative thinking.)
Given a set of market data, students will be able to evaluate the data &
identify the best business opportunity from the data. (This learning outcome
supports Kelley Learning Goal #1An Integrative Point of View &
Kelley Learning Goal #3Critical Thinking & Decision Making. It also
supports General Education SH Learning Outcome #2, critical &
creative thinking.)
Students will be able to identify emerging trends in global business for the
year 2025 & beyond for all business functions. (This learning outcome

supports Kelley Learning Goal #9Global Awareness & Kelley Learning


Goal #10Innovation & Creativity. It also supports General Education
SH Learning Outcome #3, inquiry & analysis.)
Students will be able to identify, define, & apply key leaderships skills for
future business leaders. (This learning outcome Kelley Learning Goal #6
Team Membership & Leadership, & Kelley Learning Goal #2Ethical
Reasoning. It also supports General Education SH Learning Outcome
#3, inquiry & analysis.)

COURSE OBJECTIVES:
X100 is designed to create an awareness of practical, conceptual & connected
fundamentals of business, creating an understanding of the interrelated & increasingly
complex global world of business & the responsibility each student has to society & the
economy. This Class Is Designed For Everyone Who Is Part Of The World
Economic System! That is Anyone Who Makes, Spends, or Invests Money!
X100 has two primary focuses. First, students are taught the conceptual historical
relevance, structure, & design of business & the economy as defined in introduction
textbooks. Second, (the nucleus of the course design) is teaching students the factors &
methods that will allow them to achieve celebrated future results. In the fast paced
evolving global economy, students must be trained to focus on, plan for, & create the
future. The world in which students will compete, 2025 & beyond, will be increasingly
complex, including: increasing growth opportunities in developing countries, the rate of
market changes will be exponential (time frames will be condensed), an increased
number of competitors, increased innovation & creativity, & moving from a world of
defined controls to collaboration with all stakeholders.
This course is useful to any occupation or person. It is especially valuable as a
foundation for students to become inspired, excited, & ignited about business as a
career.
Throughout this course, students will be challenged to leave a positive footprint in the
world by having a positive impact on society, the economy, & their organizations.
Students will be required to focus on how to leave the world better than they found it &
to focus on goals & responsibilities larger than their own personal interest.
X100 will challenge students to gain the knowledge & apply what differentiates Great
from Good business results.
Great results are elevated above good results by businesses utilizing (research
based findings):

High Trust elevates return on equity by 3 times. Steven M. R. Covey


Employee Involvement elevates return on equity by 3 times. Denison
Consulting
Strategy Alignment elevates revenue growth by 4 times. John P. Kotter
& James I. Heskett
Focusing on all Stakeholders not one, elevates revenue growth by 4
times. Harvard University
Employees Feeling Good about their employer elevates revenue &
profit growth by 3 times.
Bill Catlette & Richard Haden
Disengaged Employees costs the American economy between $250
billion to $1 trillion annually. Gallup
Complexity costs the American economy $1.1 trillion annually. Bill Jensen

Course/High Results Themes Repeated Throughout the Semester:

Stay accountable & responsible to organizational, economic, & society


results not self-interest.
Reality denial has its roots in unchecked egos. In the absence of reality,
business leaders will only have a random probability of making the right
decisions.
The future will require new innovative solutions, not replication of past
success.
Every business has a global economic responsibility.
Keep focused on the market & create organizations that can change
quickly with the market.
To change quickly, keep organizations simple. Complexity is more difficult
to change.
Focus on achieving organizational potential. Do not look back at historical
based improvement milestones or settle for satisfactory
underperformance.

Business performance is elevated when every employee is aligned & held


responsible & accountable, not just a top few executives being skilled,
responsible, & accountable.
Businesses that approach their potential do not solely rely on product,
market, or financial strategies. Businesses not only need outstanding
technical based strategies but to reach potential they also require
employees that feel pride in working for the organization, employees
engaged in making the organization increasingly competitive, & every
single individual aligned & bought into making company increasingly
competitive. Employee alignment is the largest single contributor to great
success results.
Be accountable & responsible to all business stakeholders.
Be passionate about the organizations products & markets. Those with
passions outperform those without.
Think of every dollar spent as an investment to be optimized, not as a cost
to be minimized.
Executive intelligence consists of three factors: 1) superior intellect (to
deal with the increasing complexity), 2) understanding how others receive
communications (to achieve alignment), & 3) recognizing/accepting
reality, both personal & organizational.
Proactive decisions deliver superior results compared to reactive
decisions. Reactivity makes an individual a subordinate to each issue that
arises & procrastination eventually overwhelms.

In a rapid paced environment, business minds must be trained to focus on


crisp, to the point communications.
The productive business mind should be trained to: 1) respond to a
question, 2) state why the response was
given, & identify the impact.

Performance success is found in trends, not single period numbers.

A students learning does not stop with a diploma. Be dedicated to lifelong


learning.

Two powerful business words that cannot be over-utilized are Why &
How.

COURSE DESIGN:

There are no prerequisites for X100.


X100 will provide an overview from the point of view of a CEO/President
regarding basic business concepts including: leadership; the importance of the human
equation in business; marketing; innovation; production & operations management;
technology; information systems; accounting & finance; the stock market; & an
overview of the current business environment, including major economic challenges
posed by both change in general & the growing global macro-economic community.
The ENGAGEMENT (Lecture) SCHEDULE is more specific regarding the range of topics
to be discussed in the course. The schedule will be followed strictly (except for weather
or other emergencies) & should be your guide for class & exam readiness. If & when
schedule changes are made, the changes will be announced in class, by e-mail & posted
through Canvas. Students must check
e-mail & Canvas routinely, if changes are
posted & students miss the changes that does not alleviate students from the
responsibly described in the posting.
STUDENT KNOWLWEDEGE ASSESSMENT:
Knowledge will be assessed utilizing two methods:
4 Exams will test the knowledge of students presented in the textbook & in
the Monday & Wednesday engagements.
Knowledge/understanding will be assessed in 4 areas.
How students can identify the basic roles & functions of the business
disciplines of marketing, supply chain, finance,
accounting, strategy, information, innovation, & human resources in an
increasingly global business economy & solve problems presented.
How students identify the leadership skills to attain great results.
How students can solve business problems.
How students can articulate how technology & globalization will impact future
business.
EXAMS:
There will be four (4) non-cumulative exams, as indicated in the ENGAGEMENT
SCHEDULE. Exams 1 & 2 will consist of 55 multiple choice questions. Exams 3 & 4 will
consist of 60 multiple choice questions. Each right answer is worth 4 points toward a
students final course grade, of 1000 points. (55 question exams are worth 220 points & 60
question exams are worth 240 points)
Exam 4 is finals week, Wednesday 12/14/2016 at 12:30 to 1:45 PM in HH 1000.
Sorry, but any request move exam 4s time to accommodate an earlier departure will not be
entertained.

Please plan your travel accordingly. Thank you!

Subject matter for exams will include engagement slides, e-textbook material, & other class
discussions. Approximately 80% of exam questions will come from the engagement slides
& the e-textbook. The other 20% will come from class discussion.
Exam assessment will be structured as:
Remember
Understand
Evaluate-Create
Factual
65%
Conceptual
25%
10%
Procedural
Cognitive

Apply

Analyze-

0%
0%

Also note, to make sure students understand the


syllabus, 4 to 6 questions from the syllabus content
will be on Exam #1.
Special testing accommodations will be handled for students who present special
testing accommodations documentation. It will be the students responsibility to e-mail

Kathy Hakeem (khakeem@indiana.edu)

to setup taking each test per

accommodations.
Exam schedule: (All Exams in HH 2083)
WednesdaySep 14
WednesdayOct 5
WednesdayNov 2
WednesdayDec 14 @ 12:30 to 1:45 PM
Make-up exams will be given in emergency situations. Valid reasons for make-up
exams include:
Documented Illnesses
Documented Family Emergencies
Family Related Deaths
Religious Observances
Representing University
Exam at same time

The make-up request must have detailed documentation. Doctors notes must include
details of the absence including dates & explanations of why the student was unable to
attend exam. It is the students responsibility to notify Moe prior to exam time that they
will miss the exam. It is the students responsibility to include an explanation for the miss in
writing. Failure to make-up an exam within one week will result in a zero score, unless
approved by Moe.
VIDEO CAMERA NOTICE:
Portions of this course may be subject to electronic proctoring. Video cameras may be used
to monitor the room during student assessment activities, including but not limited to,
exams, tests, and quizzes. Video recordings may be used to investigate or support
disciplinary action. All access to and use of video equipment and recordings will follow
applicable IU policies.

WEIGHTING OF COURSE COMPONENTS:


Exams (4)
920 (4 points per right multiple choice right answer, 230
questions on 4 exams)
Attendance
80 (attendance is randomly taken 5 times based on a predetermined schedule, 4 of the 5 will be
counted 20 points each toward a students grade)
Point Total

1000

POINT SCHEDULE AND LETTER GRADES:


The standard Kelley grade values will be in effect for X100:
97 100

A+

83.0 86.9

93.0 96.9

80.0 82.9

B-

90.0 92.9

A-

77.0 79.9

C+

87.0 89.9

B+

73.0 76.9

70.0
C67.0
D+
63.0
D
60.0
D59.9
F

72.9
69.9
66.9
62.9
and below

In X100 we do not do any individual grade rounding. As a general practice we will


automatically round all grades as follows:
97 100

A+

82.5 86.49

69.5 72.49

92.5 96.99

79.5 82.49

B-

89.5 92.49

A-

76.5 79.49

C+

86.5 89.49

B+

72.5 76.49

C66.5 69.49
D+
62.5 66.49
D
59.5 62.49
D59.49 and below
F

Grades are not curved & are based solely on the above %s. There will be
no further rounding. Students should not contact us requesting a higher
grade. We know students all feel they work hard, but X100 grades are like
the real world & based on results not effort. Also, if we would round the
grade for one student we would have to round the grades for every other
student to be fair.
POSTING OF EXAM GRADES:
Exam grades are normally posted on Canvas within 96 hours after the exam. Any Canvas
grade postings believed to be inaccurate must be contested within 10 days of posting.
If students wish to check which questions they may have answered incorrectly on a test,
tests will be available for your review for 14 days after the scheduled date of the test.

ATTENDANCE POINTS:
5 times during the semester, attendance will be randomly taken. Each time up to 4 times, a
student is in attendance 20 points (up to a max of 80 points) will be added to their final
course points. Attendance is taken via completing a scantron in class.
Credit will be given to students who miss for the following reasons:
Documented Illnesses
Documented Family Emergencies
Family Related Deaths
Religious Observances
Representing University
Exam at same time

Students wanting to challenge their attendance scores, Contact Moe, & find their names on
filed scantrons. Only one scantron can be turned in for each student. Any student
attempting to turn in 2 scnatrons will have both scnatrons discarded & the points not
recorded.
BONUS POINTS:
Responsibility & Accountability Bonus:
X100 teaches both responsibility & accountability as well as project management skills.
To facilitate project management awareness & skills, X100 sections must establish a
plan, organize efforts, establish responsibilities, become accountable, & monitor
progress for face & body painting for sporting events for X100 in total. In this project
students learn to become responsible & accountable to something greater than selfinterest. Students who become accountable & responsible to paint to a Level 5
definition & attend a sporting event will earn 10 bonus points.
If a student adds IU, Indiana, Hoosiers, a player, or coachs name to their painting
scheme & get any of those words prominently displayed on the jumbo-tron, 10
additional points will be added to their final grade.
A Level 5 fan requires the complete coverage of any of the following body
parts: face, arms, chest, midriff, or legs and IU related words; such as a
players name, the coachs name, Hoosiers, IU, or Indiana.
Body parts with just words painted on them without being completely
covered, will not receive the bonus credit.
Grade Challenges
Any challenge to the R&A Bonus, Exam #1, 2, or 3 & class attendance must be
completed during the normal engagement time of 11:15 AM on Monday 12/5.
After that date the only grade that can be challenged is Exam 4.

MISCONDUCT:
Violation of the code of ethics is a serious violation in X100. Any violation of the Kelley
School of business student code of conduct while a student in X100 will result in an
action being taken up to and including course failure. Any suspected violations even if
no discipline action is taken will be reported to the office of student ethics & added to

the students IU record. Please make sure that all work is the students own, tests are to
be taken without assistance of notes or electronic devices, words in term papers are the
students own, & not taken from another student or copied from a published materials
or reports.
To avoid suspicion,
-

Electronic devices are not to be out of backpacks, purses, of pockets during


exams. Should a student require a translation device during the exam or a
calculator please sit in the front row & they should raise their hand to request
to use the device each time they desire to use.
Caps are to be turned around backwards during exams so eyes can be
monitored.
No talking in the exam room, except to Moe or proctors, after the exams have
been handed out until the last exam is turn in.
The proctors have the right to request students to roll up their sleeves or pull
up knee length shorts during the exam or upon exit from the classroom.

Please Note:
Moe is normally only on campus on Mondays through Wednesday. The best way to
communicate with him is through e-mail or in person before or after class, or during
office hours. If a student needs to speak to him personally outside of posted office
hours, e-mail him with a suggested time. Should students choose to e-mail, make sure
to include X100 in the e-mail subject to make sure it is not deleted as spam. Likewise,
somewhere in the e-mail the students X100 section color, course number, or time of
section should be included.

E-mails to Moe should be sent to his IU e-mail address through


Outlook Web Access.

Please do not send e-mails through the


Canvas system. Canvas e-mails will not
receive a response.

Engagement Calendar Fall 2016


Monday

Wednesday

8/22 Course Overview


Opportunities

8/24

8/29 #2 Chapter 1 Business & Economics


a Borderless World

#1 2025 Future Challenges &


8/31

9/5
No ClassMLK Day
9/7
Management & Securities
9/12 Review for Exam 1 (X100 PHD Game) 9/14
2025 & Syllabus)
9/19 #5 Chapter 15 Money & Financial System
Marketing
9/26 #7 Chapter 12 Strategy (Planning)
9/28
10/3 Review for Exam 2 (X100 PHD Game) 10/5
13, 15)

#3 Chapter 3 Business in

#4 Chapter 16 Financial
Exam #1 - (Chapters 1, 3, 16, &
9/21

#6 Chapter 11 & 13

#8 Moneyball Business
Exam #2 - (Chapters 11, 12,

10/10 #9 Chapter 14 Accounting & Finance


Manufacturing (Supply Chain)

10/12 #10 Chapter 8 Service &

10/17 #11 Chapter 10 Human Resources


a Business

10/19 #12 Chapter 4 Organizing

10/24 #13 M&M Case


Entrepreneurship, & Franchises

10/26 # 14 Chapter 5 Small Business,

10/31 Review for Exam 3 (X100 PHD Game) 11/2


10, 14 & M&M)
11/7 #15 Guest Speaker on Leadership
Teamwork

11/9

Exam #3 - (Chapters 4, 5, 8,
#16 Chapter 7 Organizations &

11/14 #17 Chapter 6 Leadership & Management


Social Responsibility

11/16 #18 Chapter 2 Ethics &

11/21 Thanksgiving WeekNo Class


Class

11/23 Thanksgiving WeekNo

11/28 #19 Guest Speaker on Leadership


Workforce

11/30 #20 Chapter 9 - Motivating the

12/5 Grade Issues Day


Game)

12/7

Review for Exam 4 (X100 PHD

*Any engagement topic without a chapter # listed, indicates a topic completed created
without the textbook as the base.

Exam 4 Wednesday 12/14 12:30 to 1:45 AM. Room HH 1000


(Chapters 2, 6, 7, 10, & Guest Speaker Presentations)

X100 Design Why Things are Done in


X100
The Method to the X100 Madness!
2025 & Beyond Moe will provide a vision of the time frame 2025 &
beyond. He will utilize this future vision to frame the challenges the
students generation will face, the organization design to meet these
challenges, & the leadership qualities to lead competitive organizations
Asking a selected student a question elevates the level of attentiveness
& helps ease student fear of speaking in groups.
Attendance points (20 points 4 times a semester80 total)students
learn more when attending & listening reward students for being
accountable & responsible to be in class the real world rewards for
accepting accountability and responsibility & achieving results. Great
results start with responsible & accountable students. (8% of course
grade)students trying but struggling with the classwill have
attendance taken into account for final grade.
Books reviews the text cannot cover all the important knowledge to
business successmany authors of non-text books have great thoughts &
insight to share. As Terry Hoeppner, former football coach of the IU
Hoosiers, said your future is shaped by the books you read & the
people you know, these reviews help shape student futures.
CEO for the Day Students will be selected randomly in each class section
to be CEO for a given day. These selected CEOs will lead the class
discussion of current events on their assigned day and will be go to person
to answer questions when the class does not volunteer answers. In the

real world the CEO gets put on the spot when others do not accept their
responsibility & accountability. It also helps ease the fear of speaking in
public.
CEO presentation/visit bring real world into classroommore than Moes
viewsviews of proven economic value adding CEOs.
CEO Think Like a Successful CEO X100 covers all topics successful
CEOs must understand and be able to apply. It is one of the few classes
offered that is covers a wide range of conceptual topics that lends itself to
cover application of conceptual theory.
Current events link what is going on in the world around to the
engagement materialhigh results CEOs look outward.
Engagements (lectures) we ask questions to get answersinformation &
knowledge is more effectively conveyed by engaging and challenging
student mindsa higher level of knowledge is transferredmultiple
studies show an organizations results increase 3 times when employees
feel truly engaged.engaged student = higher grades.

Exams the scorecardhow well the student is paying attention &


applying the effort to do their best50% of questions from the text
material & 50% of questions are from the non-text engagement
materialfreshman transition exam design is based on 65%
definitional/list questions (like high school)25% understanding questions
(linking concepts to demonstrate understanding of how something works)
10% application or calculating questions to separate the students who
make themselves accountable & responsible to achieve their potential.
Exam readiness exercises re-emphasize important messages covered in
engagements on the upcoming examget students ready for exams.
Fun studies show higher results achieved when individuals have funthe
level of learning goes up when an individual is having fun.
Future slides opening minds to what the business world will be like for
studentsthe world they will go to work in past is not as important as
the future!
Grade rounding just like the business worldresults not effort or amount
of time spent are rewardedNO individual student grade will be rounded
up.

Introduction begin the relationship journeyclarify & frame the


semesterbegin building relationships.
M & M case demonstrate knowledge from engagements at work in actual
business environment.
Music Videos before classto create an increased level of energyget
minds ready & alertmakes sure Moe starts on time! Start the
engagement by asking how the song relates to the engagement topic of
the day.
Posting partial engagement PowerPoint enables every student to keep
up during engagementsbut does not reduce the need to come to class
sharing notes with non-engagement attendeesstudents are a coconspirator to not adequately preparing to strengthen the economy
weakening society over time.
PowerPoint slides humans learn in 3 waysAudioVisualKinesthetic
(hands on)PowerPoint slides & discussing the information from
PowerPoint slidescoupled with taking class notes allows every student
the capability to learn on the same level.
Recommendation letters true letters of recommendation (i.e. Kelley
admission, honors program acceptance, & study abroad) will be written
for students who create a one on one relationship with Moe others
requesting letters of recommendation who Moe does not personally know
will be provided with a letter stating the grade they received in X100. Any
request for a recommendation letter must be submitted at least 3 weeks
prior to the date due.
RepeatRepeatRepeat great communications to be understood by
ALLmust be repeated at least 4 timesitems that are important to
future success will be repeated throughout X100.
Rewards positive reinforcement for helping others learnmultiple
studies show greater results are achieved when appreciation shown.
Simplicity simplicity allows for greater understanding (alignment) and
elevates organization productivity complexity costs corporate America
over a trillion dollars in profit annually.
Sports painting challenges teaches project
management/leadership/responsibility& accountability skillsset goals
monitor progressaccountability & responsibility to something larger than
selfgreat results happen when people personally become responsible &
accountable to make results happen.

Stories show what goes on in real world to clarify pointsnot in pages


of the text book.
Thoughts to ponder daily challenging thoughts & sets the tone each
class for student engagement
Videos break up the class routine to clarify engagement points from
outside sources.