Lahore University of Management Sciences MGMT 142 Principles of Management Fall Semester 2017

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MGMT 142 Principles of Fall Semester 2017 Instructor Mujeeb Rashid Room No. 338, 4th Floor, SDSB Building Office Hours By appointment Email mujeeb.rashid@lums.edu.pk Telephone Ext 8458 Secretary/TA Umar Manzoor (Ext 8088) TA Office Hours TBA Course URL (if any) http://suraj.lums.edu.pk/~ro/ COURSE BASICS Credit Hours 3 Lecture(s) Nbr of Lec(s) Per Week 2 Duration 75 min Recitation/Lab (per week) Nbr of Lec(s) Per Week Duration Tutorial (per week) Nbr of Lec(s) Per Week Duration COURSE DISTRIBUTION Core Core Elective Open for Student Category SDSB(Freshman) Close for Student Category COURSE DESCRIPTION Principles of is a rich, interactive learning experience designed to give students an overarching view of management and the basic intellectual tools they need to meet today's organizational challenges. This basic management course will investigate the different functions of management. In tandem, the course will explore how issues such as organization structure, technology, innovation, ethics, corporate responsibility, organization culture, the competitive environment and customer focus influence managerial decision making. COURSE PREREQUISITE(S) None. COURSE LEARNING OBJECTIVES 1. To introduce business and non business students to various topics pertaining to management such as corporate social responsibility, ethics, global management, leadership, organization change, entrepreneurship, human resource management, organizational culture & structure. 2. To help students understand and appreciate different managerial functions and their application in an organizational setting 3. Enable students to critically examine managerial decision making and the reasons and the context it takes place in so as to sharpen their own judgment to make informed decisions 4. Help students become more professional, ethical managers and leaders able to thrive in Pakistani workplaces 5. Apply relevant management concepts, tools, and theories to critically analyze and evaluate business problems/ decisions given the understanding of external and internal environment of organizations 6. Be aware of the unique managerial issues faced in local workplaces, derive and learn causes and solutions

LEARNING OUTCOMES Upon completion of the course, students will be able to; 1. 2. Demonstrate their knowledge of different managerial functions and apply concepts to discuss, d ebate, analyze and evaluate a variety of real life managerial issues. Critically examine managerial decision making and the reasons and the context it takes place in so as to sharpen their own judgment to make informed decisions. UNDERGRADUATE PROGRAM LEARNING GOALS & OBJECTIVES General Learning Goals & Objectives Goal 1 Effective Written and Oral Communication Objective: Students will demonstrate effective writing and oral communication skills Goal 2 Ethical Understanding and Reasoning Objective: Students will demonstrate that they are able to identify and address ethical issues in an organizational context. Goal 3 Analytical Thinking and Problem Solving Skills Objective: Students will demonstrate that they are able to identify key problems and generate viable solutions. Goal 4 Application of Information Technology Objective: Students will demonstrate that they are able to use current technologies in business and management context. Goal 5 Teamwork in Diverse and Multicultural Environments Objective: Students will demonstrate that they are able to work effectively in diverse environments. Goal 6 Understanding Organizational Ecosystems Objective: Students will demonstrate that they have an understanding of Economic, Political, Regulatory, Legal, Technological, and Social environment of organizations. Major Specific Learning Goals & Objectives Goal 7 (a) Discipline Specific Knowledge and Understanding Objective: Students will demonstrate knowledge of key business disciplines and how they interact including application to real world situations (Including subject knowledge). Goal 7 (b) Understanding the science behind the decision making process (for MGS Majors) Objective: Students will demonstrate ability to analyze a business problem, design and apply appropriate decision support tools, interpret results and make meaningful recommendations to support the decision maker Indicate below how the course learning objectives specifically relate to any program learning goals and objectives. PROGRAM LEARNING GOALS AND COURSE LEARNING COURSE ASSESSMENT ITEM OBJECTIVES OBJECTIVES Goal 1 Effective Written and Oral Communication CLO # 1 4 CP/Group Exercises/Project Report and Presentation Goal 2 Ethical Understanding and Reasoning CLO # 1 and 3 Class Participation/Cases Goal 3 Analytical Thinking and Problem Solving Skills CLO # 3 5 CP/Quiz/Exam/Project

Goal 4 Application of Information Technology Goal 5 Teamwork in Diverse and Multicultural Environments Goal 6 Understanding Organizational Ecosystems CLO #1 and 2 Report and Presentation Project/Group Exercises/CP Goal 7 (a) Discipline Specific Knowledge and Understanding Goal 7 (b) Understanding the science behind the decision making process CLO # 1 and 2 CLO # 1 4 GRADING BREAKUP AND POLICY Quizzes: 15% (n 1 policy) could be announced or unannounced Class Participation: 10% Attendance: 5% Maximum of 3 absences is allowed. From 4 th absence, 0.5 well be deducted per absence. Midterm Examination: 25% Project: 20% Final Examination: 25% Class Participation (CP): Complete the assigned readings before each class session to enhance the quality of shared learning. Read articles, books and websites to broaden your knowledge and that of your peers. The idea of CP is to make observations that integrate concepts and discussions, citing relevant personal examples, being an active participant while also encouraging others to speak so as to benefit from diverse perspectives on the topic. Communication: 1. The instructor and TAs will always be available to see you in person. All you have to do is to email and make an appointment. 2. All course related communication (syllabus sharing, assignments, announcements and reading or session related updates) is done using LMS (lms.lums.edu.pk). 3. Please make sure to check the Announcements section on LMS and your emails regularly 4. On days when LMS is down, email will be used to communicate 5. While sending emails to the instructor or the TAs, make sure you draft formal messages Assignments: Read and follow the instructions please! Late assignments will NOT be accepted. Don t wait till the last moment to do them. Things happen. Give yourself a buffer. An I told you so moment is never fun for anybody. Plagiarism: University s ethics code applies.

EXAMINATION DETAIL Midterm Exam Final Exam Yes/No: Yes Combine / Separate: Separate Duration: 75 minutes Preferred Date: Tuesday / Thursday Exam Specifications: TBA Yes/No: Yes Combine / Separate: Separate Duration: 75 minutes Preferred Date: Tuesday / Thursday Exam Specifications: TBA COURSE OVERVIEW WEEK/ LECTURE/ TOPICS MODULE Introduction to the course 1&2 Managing and Performing Ethics and Corporate 3 Social Responsibility 4 Individual + Group Decision Making RECOMMENDED READINGS Chapter 1 Chapter 5 Chapter 3 SESSION OBJECTIVE(S) Introduction to management functions and key elements of the new competitive environment. Understanding different ethical perspectives and their influence on managerial decision making and corporate responsibility. Introduction to the stages of decision making. 5 Movie or Decision Making Exercise Chapter 3 Understanding decision making in practice 6 7 8 9 10 11 12 13 The External Environment Chapter 2 (Pg 46 71) Planning Chapter 4 (p. 126 137) Understanding how environmental forces influence organizations and managerial decision making. Understanding the planning process and the alignment of tactical, operational and strategic planning. Introduction to strategic planning and its effective implementation. Understanding the global economy and its influence on organization. Strategic Chapter 4 (p. 138 155) International Chapter 6 Entrepreneurship Chapter 7 Understanding entrepreneurship success and challenges. Guest Speaker Session Entrepreneurship Chapter 7 Understanding real life aspects of Entrepreneurship Organization Chapter 8 Introduction to different types of Structure organization structures Organizational Agility Chapter 9 Understanding the idea of organizational agility and its relevance for success

14 MIDTERM All previous content 15 Preliminary Group Course Project Presentations 16 Human Resource Chapter 10 Introduction to the HR function in an organization Human Resource Chapter 10 Get real life perspectives from guest HR experts 17 panel discussion 18 Leadership Chapter 12 Introduction to various Leadership theories and their applications 19 Teamwork Chapter 14 Application of motivation concepts to enhance performance 20 Communicating Chapter 15 Importance of effective communication in organizations 21 Managerial Control Chapter 16 Introduction to various managerial control strategies 22 Managing Technology Chapter 17 How to manage in the continuously and Innovation changing technological environment 23 Creating and Leading Chapter 18 To understand how to manage change effectively Change 24 Public Sector Readings will be To show relevance of managerial concepts shared in public sector 25 Family Business Readings will be To understand unique challenges and shared opportunities being faced in family businesses 26 Course Review/ Project Presentations 27 Project Presentations 28 Project Presentations The instructor may swap sessions and amend the course outline, if required. He assumes you have done all readings prior to entering the class. Readings may be added or reduced during the course. TEXTBOOK(S)/SUPPLEMENTARY READINGS Required: Bateman, Thomas S. and Snell, Scott A., 2013 (11th edition), ": Leading and Collaborating in a Competitive World", New Delhi, Tata McGraw Hill Publishing. Reference: Daft, R. 2010.. 9th Edition. South Western Cengage Learning http://www.businessinsider.com/ www.hbr.org https://managingpakistanis.blogspot.com/ www.forbes.com