Lahore University of Management Sciences MGMT 142 - Principles of Management Spring Semester 2013

Instructor Office Office Hours Email Telephone Secretary/TA Course URL M Abdur Rahman Malik Room no: 417, New SDSB building 1400 1530 on Tuesday and Thursday (or by appointment) abdur.malik@lums.edu.pk 8037 Mr. Kashif Saeed TA: TBA

Course Basics Credit Hours Lecture(s) Recitation/Lab (per week) Tutorial (per week) Course Distribution Core Open for Student Category COURSE DESCRIPTION

3 Nbr of Lec(s) Per Week Nbr of Lec(s) Per Week Nbr of Lec(s) Per Week

2 -

Duration Duration Duration

75 minutes -

Core Freshmen only

Principles of Management is a rich, interactive learning experience designed to give students an overarching view of management and the basic intellectual tools and aptitudes they need to meet today's organizational challenges. This basic management course will investigate the different functions of management, namely planning, organizing, leading and controlling. In tandem, the course will explore how issues such as organization structure, technology, innovation, ethics, corporate responsibility, organization culture, the competitive environment and customerfocus influence managerial decision making.

COURSE PREREQUISITE(S) NONE

COURSE OBJECTIVES To introduce business and non business students with various topics pertaining to management such as social responsibility, ethics, global management, leadership, organization change, entrepreneurship, human resource management, organizational culture & structure and motivation etc.

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Learning Outcomes Upon completion of the course the students should be able to: 1. Understand and appreciate different managerial functions and their application in an organizational setting. 2. Critically examine managerial decisionmaking and the reasons and the context it takes place in so as to sharpen their own judgment to make informed decisions. Grading Breakup and Policy Assignment / Project / Presentation: 25% (13% for the paper and 12 % for the presentation) Quiz(s): 15% (n-2 policy applies) Class Participation: 10% (5% for CP and attendance each). Max of 4 absences (including petitions) are allowed. From 5th absence, there will be negative grading in place. Midterm Examination: 20% Final Examination: 30% Examination Detail Yes/No: Yes Combine / Separate: Combined Duration: 75 minutes Preferred Date: Tuesday / Thursday Exam Specifications: TBA

Midterm Exam

Final Exam

Yes/No: Yes Combine / Separate: Combined Duration: 75 minutes Preferred Date: Tuesday / Thursday Exam Specifications: TBA

COURSE OVERVIEW Lecture Topics Recommended Readings Foundations of Management 1 Introduction to the Course Managing Managing The Evolution of Management The External Environment Chapter 1 Introduction to management functions and key elements of the new competitive environment. Introduction to the classical and contemporary management approaches and their influences. Understanding how environmental forces influence organizations and managerial decision making. Understanding elements of organizational culture and its relationship with the external environment. Introduction to the stages of decision making. Objectives/ Application

Chapter 1 Appendix Chapter 2

4 5

Organizational Culture Managerial Decision Making

Chapter 2 Chapter 3

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6 Decision Making Chapter 3 Planning: Delivering Strategic Value 7 8 Planning Strategic Management Chapter 4 Chapter 4 Understanding the planning process and the alignment of tactical, operational and strategic planning. Introduction to strategic planning and its effective implementation. Understanding different ethical perspectives and their influence on managerial decision making and corporate responsibility. Understanding the global economy and its influence on organization. Understanding entrepreneurship success and challenges. Understating group and organizational decision making

Ethics and Corporate Responsibility

Chapter 5

10 11 12

International Management Entrepreneurship: The Business Plan Case Discussion/Guest Speaker

Chapter 6 Chapter 7 TBA Organizing: Building a Dynamic Organization

13 14 15 16 17

Organization Structure Organizational Agility Mid Term Exam Human Resource Management Human Resource Management

Chapter 8 Chapter 9

Introduction to different types of organization structures. Understanding the idea of organizational agility and its relevance for success.

Chapter 10 Chapter 10 Leading: Mobilizing People

Introduction to the concept of line and staff manager. Introduction to the basic functions of HRM.

18 19 20 21

Leadership Motivating for Performance Motivating for Performance Teamwork Teamwork Exercise Communicating

Chapter 12 Chapter 13 Chapter 14 Chapter 14 Controlling: Learning and Changing

Introduction to various Leadership theories and their application. Introduction to motivation theories. Application of motivation concepts to enhance performance. Importance of effective communication in organizations.

22 23

Managerial Control Managing Technology and Innovation

Chapter 16 Chapter 17

Introduction to various managerial control strategies. How to manage in the continuously changing technological environment.

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24 25 26 27 28 Case Case / Special topic / Project Presentations Project Presentations Project Presentations Final Synthesis Final Exam Textbook(s)/Supplementary Readings Required: Bateman, Thomas S. and Snell, Scott A., 2008 (eighth edition), "Management: Leading and Collaborating in a Competitive World", New Delhi, Tata McGrawHill Publishing. Reference: Griffin, R.W. 1993. Management. Houghton Mifflin Company. Useful Information about the method of instruction, grading instruments and some useful hints. Method of instructions: Class will consist of lectures, discussions, videos, cases and activities to enrich learning. As class discussions play a significant role in learning and understanding of the subject, it is your responsibility to adjust your personal schedules and ensure your active presence in all the class sessions. It is essential that you: 1. Prepare for the classes. Please read the assigned reading(s) before each class. 2. Attend all classes. 3. Actively contribute to class discussions and activities. 4. Thoroughly and thoughtfully complete assignments. Group assignments / project To be discussed and decided in the class Class participation Class contribution is and can be: Making observations that integrate concepts and discussions, Citing relevant personal examples, Being an active participant in group discussions, Working with others to come to a common understanding of the topics. By extension, contribution is not continuously dominating the class and group discussions. It also means listening to what others say - they have a right to contribute (and you may learn something!). Contribution is not coming to class unprepared and illequipped to intelligently discuss the topic of the day. Contribution is not repeating the points others just made to get the CP credit. Plagiarism Universitys ethics code applies. TBA TBA -