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Mystery - The Common Professional Component

CPC. Mystery - The Common Professional Component. CPC Component Page 4. Mystery - The Common Professional Component. Interdisciplinary materials: Mini-cases Cases Short Films Media Discussion. Interdisciplinary by nature. College Costs Rising

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Mystery - The Common Professional Component

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  1. CPC Mystery - The Common Professional Component

  2. CPC Component Page 4 Mystery - The Common Professional Component

  3. Interdisciplinary materials: • Mini-cases • Cases • Short Films • Media • Discussion Interdisciplinary by nature

  4. College Costs Rising MBA graduates “unfamiliar” with Global interaction Credentials over Experience Is college worth it? The University Environment

  5. Management is a Liberal Art: Management is a practice (like medicine). A practice feeds from many CPCsaccounting, mathematics,psychology, history, and philosophy – not a “social” but a “moral” science. “The old-fashioned term liberal art may be the best term of all” A practice feeds from many professional components Peter F. Drucker

  6. Literature Search – Nothing much available! A library search of EBSCO Host, EBSCO business, and Chronicle of Higher Education publications found no results when searching for Common Professional Component.

  7. Review of CPC • Functions: • Marketing • Finance • Accounting • Management Reviewing the Common Professional Content F

  8. recent professional component • post Industrial Revolution • Wedgewood Queen (Charlotte)’s • ware 1765 • OED suggests 1884 • Business schools course 1906 • HBS 1908 • international standards • Cotler & Co MARKETING Thoughts about the Marketing Function F

  9. old professional component • 1,700 BC • stewards with accounting leads to economics • introduces tax and interest • 1,700 BC • introduces “usury” • 1,653 AD • Lloyds Coffee House • 1,688 FINANCE Thoughts about the Finance Function F

  10. the oldest professional component • 3,500 BC • stewardship leading to economics • 800 AD • printed text “Summa” • 1,494 AD • audit and ethics • 1,896 AD • international standards • 21st Century ACCOUNTING Thoughts about the Accounting Function F

  11. The Greeks and “guberno” • governance “steering” • Development of computers • Activity based costing • Printed texts: Deming and • Drucker • no international standards • still an art! (Laffer) MANAGEMENT Thoughts about the Management Function F

  12. Process Refer to handout There is a Common Professional Content handout

  13. Stage1: Interpret Course Chapter CPC Content Figures 5, 6, & 7 Pages 12, 13, & 14 So how much CPC in each chapter?

  14. Stage 1 - Repeats: Repeat Weekly CPC Analysis So you repeat the analysis course by course and week by week

  15. Stage 2: The Abbreviated Syllabus Figures 8, 9, & 10 Page 15,16, and 17 Then the course CPC adds up!

  16. Stage 3: The CPC report Figures 11 Page 19 Then the course CPC adds up!

  17. Review of CPC • Business Environment: • Business Law • Economics • Business Ethics • Global Dimensions • of Business Reviewing the Common Professional Content E

  18. Older professional component • Hammurabi & Romans • The Arab Scholars & the SEC • “Lexmercatoria” in Europe • Chief Justice Coke, 1608 “the Law • Merchant is part of this realm” • Chief justice Coke, 1608 “the Law • Merchant is part of this realm.” • Admiralty / Chancery Business Law Thoughts about the Legal Environment E

  19. “stig” “weard” for Domesday • Book 1066, AD • house guardian provides the • “nomos” by 800 AD • printed text Ghazali’s “Ihhya” • 1,100 AD • data deficit: Sachs, Sen • Current • no international standards • still an art! (Laffer) ECONOMICS Thoughts about the Economic Environment E

  20. older marketplace component • Aristotle • Marketplace behavior • Introduction of paper • Court of Chancery • Sale of Goods • The costs of doing business • Internationally BUSINESS ETHICS Thoughts about the Ethical Environment of Business E

  21. Early examples of trading • Rose Red City • Greeks, Romans, Arabs • Frankincense • Venice and the “Venetian” • Systems • Industrial Revolution (s) • WTO & International Trade GLOBAL BUSINESS Thoughts about Global Dimensions E

  22. Review of CPC • Technical and Integrative Skills: • Info Systems • Quantitative Skills • Business Policies or • Comprehensive • Experience Reviewing the Common Professional Content S

  23. Most recent professional component - post IBM • Developing strategic planning • technology • SAP and modular systems • 21st century • The Internet • All online • Up in the Clouds computing INFORMATION SYSTEMS Testing and Teasing Information Technology skills S

  24. Recent professional component • DBM data-processing • Ability to employ high-tech • analyticals • econometricals • Back-up problems • Hospital style? • Human Right ? • And more Tor QUANTITATIVE SKILLS Practical Applications of Quantitative Skills S

  25. COMPREHENSIVE EXPERIENCE • Developing Flight Simulators • The Mini-Case (current) • The Case Study (dated) • Thesis • Simulations (theoretical) • Group Business Plan • The Capstone Course Thoughts about an Integrative Experience S

  26. Stage5: CPC Continuous Improvement Ideal time to review is the end of each week of the following semester

  27. The ACBSP CPC - Closing the Loop

  28. -CPC Mystery solved !

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