593-LIMM: The Future of Canadian Manufacturing
This foundational course in manufacturing introduces management priorities and principles as they apply in the manufacturing sector. As such, this course provides a foundation for subsequent courses and frames the development of Canadian manufacturing capabilities in the broader context of global competitiveness, economic growth, sustainability, and future economic opportunity. This course is intended to provide a baseline understanding of the role that manufacturing plays in the Canadian economy as a whole, to identify the key principles of managerial economics that drive executive decision-making in the manufacturing sector, to understand recent trends in Canadian manufacturing, and to explore the opportunities for revitalizing Canada’s manufacturing sector through industry leadership, government, and higher learning.
After completing this course, learners will be able to:
- describe the key managerial economics principles that have the greatest impact on manufacturing decision-making;
- outline the current state of Canadian manufacturing, identifying the important policy and trade decisions that have affected the industry;
- identify and discuss the things that manufacturing firms do to achieve sustainable competitive advantage;
- apply the concepts of best industry practices, KPIs, “Big Data,” and data analytics;
- assess a firm’s competitive position, outline the barriers to competitiveness, and identify the value added opportunities that exist;
- discuss the integrated nature of executive roles in manufacturing and the changing relationships between work and workers.
- Lesson 1: Overview of the Canadian Manufacturing Sector
- Lesson 2: Industry and Government Policy Prescriptions
- Lesson 3: Creating and Maintaining Competitive Advantage
- Lesson 4: Value Added: People, Products, Process, and Projects
Students will be evaluated based on their participation in weekly online discussions (60%) and one comprehensive assignment (40%). To pass the course, students must achieve 60% or more on each of the credit activities.
This four-week course is worth 1 credit of graduate-level study.