COURSE #: BASE 910 A

TMP

COURSE NAME:

Values and Crisis Decision-Making [1]

INSTRUCTOR: Daniel Diermeier / Timothy Feddersen

CASEPACK (YES or NO?) : Yes

FIRST ASSIGNMENT: 

Session 1, Friday, October 8, 6pm-7:30pm

Introduction

To develop successful crisis management strategies, managers need to be able to evaluate the crisis potential of their business.  A key component of successfully predicting whether a business decision may have adverse consequences is to understand the motivations of stakeholders and their capacity for action.  I will also give a brief overview of the class content and will discuss organizational and logistical issues.

Reading:  “Market and Nonmarket Environments” and “Integrated Strategy”

Case:  Buffalo Savings Bank (A)

Assignment

Assume the role of managers in Buffalo Savings Bank (A).  Analyze BSB’s situation, adopt a policy with respect to calling the loans, and develop a strategy for achieving your objective.  It is convenient to think of policies as being represented as a point along the following spectrum:

No call……..Call but compromise……..Call, period

An example of a compromise might be to offer borrowers an opportunity to refinance below the market rate.

Be prepared to give a short presentation of your findings.  You do not need to prepare any written materials or Power Point presentations.

1.  TEXT  --   REQUIRED  or  RECOMMENDED?:  David P. Baron’s Business and Its Environment (BIE), Fourth Edition, Prentice-Hall, 2003 OR Course Packet B