30402 - PRINCIPLES OF MANAGEMENT
Course taught in English
Go to class group/s: 25
Class-group lessons delivered on campus
This course aims to provide the foundations of knowledge required to understand how business organizations work and how they can be management for the creation of economic and non-economic value for their key stakeholders: customers, employees, investors, business partners and social communities. It thus introduces the key concepts and theoretical frameworks related to some of the foundational questions in management.
- Why do firms exist? What is their societal role?
- How can they be governed?
- What is performance and how it can be assessed through basic economic indicators?
- What are the key strategic choices that firms make and how should they be approached?
- How can firms’ activities be organized and their cultural traits assessed?
- How can teams be managed and organizations be effectively led?
- Define the basic structure of organizations and the way they carry out their activities.
- Identify the complementary roles that different actors (individuals, organizations, institutions) play in modern economic systems,
- Explain the behaviour of people engaged in economic activity in an organizational setting.
- Describe the fundamental concepts required for the economic analysis of firms' processes.
- Compare the various elements that make up a business organization.
- Evaluate the economic performance of firms and identify explanations for positive and negative results.
- Anzlyze basic managerial decisions, using conceptual tools and decision-making models.
- Connect the strategies and processes of firms to pressures and trends in their economic environment.
- Face-to-face lectures
- Exercises (exercises, database, software etc.)
- Case studies /Incidents (traditional, online)
- Individual assignments
The course is based on active teaching methodologies aimed at maximizing students’ participation. In addition to theoretical sessions, students are involved in the discussion of case studies and incidents based on real-life examples. Theory and practice are combined dynamically, making room for quantitative exercises and in-class assignments to apply concepts.
The final grade consists of the following components:
- Partial written exam: 45%
- End-of-term written exam: 45%
- Individual assignments: 10%
The written exams test students' knowledge and understanding of the structure of organizations, their roles, their processes, and the organizational behaviour of people. These exams consist of a mix of multiple-choice questions, short exercises, and some short-essay questions (e.g. concept questions or cases analysis). Students need to achieve a passing grade in both written exams; those who fail the partial exam takes a general exam (covering all the program of the course) and the end of the term, representing 90% of the grade. The assignments test students' ability to apply knowledge and understanding of all concepts, and in particular whether they can explain the performance of firms and use decision-making models.
- MINICHILLI, ZOLLO, Management, EGEA.
- MINICHILLI, MISANI, A primer on organization and people management, McGraw Hill.