Value (VAL)

VAL 601 The Value Environment     (4 credits)

Restricted to BMBA students.

This course is concerned with the understanding of value(s) and what value means to different parties. Students will be introduced to the stakeholder approach to management. Students will engage in the process of identifying stakeholders. Value to each of the major stakeholders is discussed and assessed. Stakeholders include investors, employees, customers, communities, regulators and business intermediaries. Through readings, cases, projects and presentations, students will learn to appreciate (1) the risks involved in decision making and how decisions affect the various stakeholders in a company, (2) the need to balance values of all stakeholders, (3) the importance of internal and external environmental factors in influencing value understanding and generation, and (4) identifying, understanding and adapting to changes in stakeholder values.

VAL 602 Deriving Value     (4 credits)

Restricted to BMBA students.

This module is concerned with deriving value from corporate resources such as human capital, the supply chain and financial capital in delivering value to the firm’s various stakeholders. In addition, the module will highlight the importance of information-sharing, communication and risk management to the allocation of such resources. Students will be able appreciate the interplay betweenvarious resources available to the firm, and how such interdependencies affect value for the firm’s stakeholders. Students will also appreciate the trade-offs and constraints that managers must face. Students will appreciate the interdependencies between decisions pertaining to the above-mentioned resources and thereby learn to consider the pros and cons of such decisions.

VAL 603 Generating Value     (4 credits)

Restricted to BMBA students.

This module is concerned with creating value through new product development, pricing, investment, and mergers and acquisitions. Building on the topics covered in the Innovation module, students will learn frameworks and skills for making strategic decisions with regard to development and launching of new products, pricing, investment, and mergers and acquisitions. Through readings, cases, projects and presentations, students will learn to appreciate the risks involved in decision making and how decisions affect the various stakeholders in a company.