BU1511 Fundamentals of Management & Organisation
(10 ECTS credits)
Professor Mary Lee Rhodes
The module introduces students to the nature and form of organisations, tools and techniques for management of organisations, and their role in social and individual well-being. The module is structured around seven themes: an historical perspective on organisations; the global context of business; business strategy; modes of organising; people & organisations; business in society and finally technology and business.
Learning OutcomesHaving completed this module, participants should be able to:
- Describe the main factors that affect the evolution of organisations in the modern world;
- Critically evaluate key aspects of management and organizations, including;
- Explain what management is and the different roles that individuals undertake;
- Apply a variety of analytical frameworks to study the external and internal environments of business and the formulation of strategy;
- Describe the variety in organizational forms, and explain the key determinants of organizational form;
- Describe and assess (at a high level) the impact of business in the wider society;
- Describe and assess (at a high level) the impact of technology on business;
- Undertake future study of management and business discipline.
Textbook and Readings
It is recommended that students purchase the book entitled ‘What Management Is’, by Joan Magretta, (publ. Profile Books, 2002). This excellent little volume, selected as Book of the Year by The Economist and Business Week, is a very readable account of the core ideas in management and business.
A list of detailed readings for each theme & seminar are provided in module outline on Blackboard.
In addition, it is essential students read the business press, for example the Financial Times or the Economist, or the business sections of national newspapers, at least once a week. In reading these sources you should always be alert for news items or articles that provide real world examples of ideas you have read about in the course material and that reinforce your learning.
In addition, you should focus on one or two industry sectors that are of particular interest to you as sources of material for your essay / participation in seminars.
There are four elements to the assessment of the course:
(i) Seminar attendance and participation - value 10%.
(ii) Semester 1 Case Study - value 30%. Due on first Monday of Hilary term in January.
(iii) Semester 2 Essay - value 30%. Due on the last day of Hilary term.
(iv) Multiple Choice Exam - 30%. Students must pass the exam (achieving 40 points or more), to pass the module.