HD and Dean's List Full Course Notes

Description

HD and Dean's List Extensive Complete Course Notes. Covering every topic and lecture for the whole term. Topics covered: Week 1 (Introduction): The Identify-Mobilise-Combine-Measure framework, VRIO framework for sustained competitive advantage (Valuable, Rare, Inimitable, Organised), three generic competitive strategies (operational excellence, customer intimacy, product/service leadership), the 5Ws diagnostic tool, Harvey Norman case study, overarching course structure (People, Technology, Capital, Accounting). Weeks 2 and 3 (People Toolkit): The five-component People Toolkit (leaders as architects, formal structure, formal systems, culture, work design), intangible people resources, performance behaviours (proficient, adaptable, proactive) from Gagne, Parker and Griffin 2021, Self-Determination Theory (Deci and Ryan 1985) covering competence, autonomy and relatedness needs, training modalities (onboarding, job assignments, mentoring, coaching, online and F2F, graduate programs), compensation components (base pay, performance-related pay, profit sharing, share plans, benefits), Zappos compensation case study, SMART work design (Stimulating, Mastery, Agency, Relational, Tolerable), centralised vs decentralised organisational structure including holacracy, organisational culture (visible vs invisible components, iceberg metaphor, Zappos vs Goldman Sachs), legal environment for people management (Fair Work Act 2009, WHS laws, anti-discrimination laws, privacy laws). Weeks 4 and 5 (Technology Toolkit): Why technology matters for competitive advantage, three levels of digital transformation (digitization, digitalization, digital transformation) with Netflix example, the 5-component framework for information systems (hardware, software, data, procedures, people), IT vs IS distinction, system categories by organisational function (SCM, ERP, CRM, BI, HR, accounting software), data quality dimensions (accurate, complete, timely, consistent, accessible, relevant, concise), seven data management challenges, the As-Is/To-Be model for diagnosing and redesigning business processes, the TOE feasibility framework (Technology, Organisational and Economic), Woolworths Self-Checkout vs Scan and Go TOE comparison case study, the role of the CIO and justifying technology investment. Weeks 7 and 8 (Capital Toolkit): Equity vs debt as the two sources of capital, the finance function (Corporate Treasury vs Financial Control), CFO role, matching principle of capital raising, capital sources by lifecycle stage (founders, start-up/early growth, high-growth, mature/listed), working capital management and the Cash Conversion Cycle formula (CCC = Days Inventory + Days A/R minus Days A/P), Dell Computers vs small retailer CCC comparison, trade credit and accounts receivable financing (factoring), the IPO process (steps before IPO, primary vs secondary IPO, underwriting spread, IPO cost formula), unicorns and reasons to delay listing, venture capital and dilution calculations (by value and by shares), capital structure and financial risk, leverage and the interest tax shield (ITS = rD x D x Tc), cost of levered equity formula, WACC formula (rWACC = WE x rE + WD x rD x (1 minus Tc)), financial distress (direct and indirect costs), optimal capital structure trade-off, Volkswagen case study, business risk and operating leverage, interaction of operating and financial leverage. Weeks 9 and 10 (Accounting Toolkit): Why accounting matters for resource management, budgeting (definition, five functions: plan resources, allocate, test alternatives, coordinate, control and evaluate), the master budget for a manufacturer (operating budget and cash budget), 10-step operating budget sequence (revenue, production, direct materials usage, direct materials purchases, direct labour, manufacturing overhead, ending inventory, COGS, support department, budgeted income statement), Fighting Kites worked example covering full operating budget calculation, the cash budget (cash receipts from customers with collection timing and bad debts, cash disbursements, short-term financing budget), Fighting Kites quarterly cash budget worked example with line of credit, behavioural implications of budgeting (budgetary slack, gaming the budget, motivation effects, performance evaluation fairness, over-focus on financial metrics).