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MGT503 : Principles of Management

Course Overview

Course Synopsis

Principles of Management is an introductory course and is required for all business majors. This course explains the relationships between organizational mission, goals and objectives and their successful achievement. It will clarify the significance and necessity of managing an organization. Management will reveal understanding of various organizational processes and behaviors and the theories associated with them. This course will help students to conceptualize about how internal and external environment shape organizations and their responses. Principles of management demonstrates critical thinking skills in identifying ethical, global, and diversity issues in planning, organizing, controlling and leading functions of management. It will help students to understand organizational design and structural issues.

Course Learning Outcomes

By the end of the course, you would be able to:

  • Analyze management principles and concepts as they apply to business situations
  • Gain an in-depth understanding of co-workers and a general understanding of the business environment in which you will operate.
  • Identify the steps of problem solving and decision making in organizations.
  • Recognize challenges in the achievement of good managerial performance.
  • Describe human resource planning and staffing processes needed to achieve optimal performance.
  • Illustrate how business ethics and social responsibility apply to organizations.
  • Describe formal and informal organizational communication processes and how to influence employees

Course Calendar

Historical overview of Management1Handouts1-4
Management and Managers2Handouts5-6
Managerial Roles in Organizations3Handouts7-8
Managerial Functions i.e. POLCA4Handouts9-10
Managerial Levels and Skills5Handouts11-13
Graded Activity 1: Quiz 1
Management Ideas: Yesterday and Today6Handouts14-15
Classical View of Management (Scientific and Bureaucratic)7Handouts16-18
Administrative View of Management8Handouts19
Behavioral Theories of Management9Handouts20-22
Quantitative, Contemporary and Emerging Views of Management10Handouts23-24
System’s View of Management and Organization11Handouts25-28
Analyzing Organizational Environment and Understanding Organizational Culture12Handouts29-31
Graded Activity 2: GDB
Understanding Global Environment: WTO and SAARC14Handouts36-38
Decision Making and Decision Taking15Handouts39-40
Rational Decision Making16Handouts41-42
Nature and Types of Managerial Decisions17Handouts43-44
Non Rational Decision Making18Handouts45-46
Group Decision Making and Creativity19Handouts47-49
Planning and Decision Aids -I20Handouts50-52
Planning and Decision Aids -II21Handouts53-55
Planning: Functions & Benefits22Handouts56-58
Grand Quiz (in lieu of Mid-Term Exam)
Planning Process and Goals Levels23Handouts59-61
Planning Process and Goals Levels24Handouts62-63
Strategic Management25Handouts65
Strategic Management – II26Handouts66-67
Graded Activity 3: Assignment
Levels of Strategies, Porter’s Model and Strategy Development (BCG) & Implementation27Handouts68-72
Entrepreneurship Management28Handouts73-75
Job Design/Specialization and Departmentalization30Handouts78-81
Span of Command, Centralization vs. Decentralization and Line vs. Staff Authority31Handouts82-84
Organizational Design and Organic vs. Mechanistic vs. Virtual Structure32Handouts85-87
Leading and Leadership Motivating Self and Others33Handouts88-89
Maslow’s Needs Theory and its Analysis34Handouts90
Other Need and Cognitive Theories of Motivation35Handouts91-93
Expectancy, Goal Setting and Re-Enforcement Theories36Handouts94-95
Motivating Knowledge Professionals Leadership Trait Theories37Handouts96-97
Behavioral and Situational Models of Leadership38Handouts98-101
Strategic Leadership Models39Handouts102-104
Understanding Group Dynamics in Organizations40Handouts105-106
Graded Activity 4: Quiz 2
Group Concepts, Stages of Group Development and Team Effectiveness41Handouts107-111
Understanding Managerial Communication42Handouts112-104
Communication Networks and Channels Effect of ICT on Managerial Communication43Handouts115-118
Controlling as a Management Function44Handouts119-123
Controlling Organizational Performance through  Productivity and Quality45Handouts124-126
Final-Term Exam
Note: Schedule is tentative. Changes may occur.
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