MGMT 142-Principles of Management-Muhammad Ayaz
MGMT 142-Principles of Management-Muhammad Ayaz
MGMT 142-Principles of Management-Muhammad Ayaz
MGMT142PrinciplesofManagement
FallSemester2015
Instructor
RoomNo.
OfficeHours
Email
Telephone
Secretary/TA
TAOfficeHours
CourseURL(ifany)
MuhammadAyaz
419,4thFloorSDSB
TBA
muhammad.ayaz@lums.edu.pk
Ext:5314
AbdulBasit(Ext:8082)
TBA
Suraj.lums.edu.pk
COURSEBASICS
CreditHours
Lecture(s)
Recitation/Lab(perweek)
Tutorial(perweek)
03
NbrofLec(s)PerWeek
NbrofLec(s)PerWeek
NbrofLec(s)PerWeek
02
Duration
Duration
Duration
75Minutes
COURSEDISTRIBUTION
Core
Elective
OpenforStudentCategory
CloseforStudentCategory
Elective
All
COURSEDESCRIPTION
Principles of Management is a course designed to give students an overarching view of management by describing various
conceptsofmanagementandexplaininghowthesearepracticedinorganizations.Thisbasicmanagementcoursewillinvestigate
thedifferentfunctionsofmanagement,namelyplanning,organizing,leadingandcontrolling,andexplainhowthesearerelevant
for various functional areas of organizations. In tandem, the course will explore how issues such as organization structure,
technology,innovation,ethics,corporateresponsibility,andglobalizationinfluencemanagerialdecisionmaking.
COURSEPREREQUISITE(S)
NONE
COURSELEARNINGOBJECTIVES
1.
2.
3.
4.
5.
Toprovideanessentialunderstandingofthebasictheoriesrelevanttothemanagementinandof
organizationstobusinessandnonbusinessstudents.
Tounderstandthemanagementfunctionsofplanning,organizing,leadingandcontrollingindetail.
Tounderstandtheprocessofmanagerialdecisionmaking
Tointroducekeycontemporaryconceptsinbusinessincludingethics,corporatesocialresponsibility,
entrepreneurshipandglobalization.
Tointroducethesimilaritiesanddifferencesinmanagingprivatesectorandpublicsectororganizations
LahoreUniversityofManagementSciences
UNDERGRADUATEPROGRAMLEARNINGGOALS&OBJECTIVES
GeneralLearningGoals&Objectives
Goal1EffectiveWrittenandOralCommunication
Objective:Studentswilldemonstrateeffectivewritingandoralcommunicationskills
Goal2EthicalUnderstandingandReasoning
Objective:Studentswilldemonstratethattheyareabletoidentifyandaddressethicalissuesinanorganizational
context.
Goal3AnalyticalThinkingandProblemSolvingSkills
Objective:Studentswilldemonstratethattheyareabletoidentifykeyproblemsandgenerateviablesolutions.
Goal4ApplicationofInformationTechnology
Objective:Studentswilldemonstratethattheyareabletousecurrenttechnologiesinbusinessandmanagement
context.
Goal5TeamworkinDiverseandMulticulturalEnvironments
Objective:Studentswilldemonstratethattheyareabletoworkeffectivelyindiverseenvironments.
Goal6UnderstandingOrganizationalEcosystems
Objective:StudentswilldemonstratethattheyhaveanunderstandingofEconomic,Political,Regulatory,Legal,
Technological,andSocialenvironmentoforganizations.
MajorSpecificLearningGoals&Objectives
Goal7(a)ProgramSpecificKnowledgeandUnderstanding
Objective:Studentswilldemonstrateknowledgeofkeybusinessdisciplinesandhowtheyinteractincluding
applicationtorealworldsituations.
Goal7(b)Understandingthesciencebehindthedecisionmakingprocess(forMGSMajors)
Objective:Studentswilldemonstrateabilitytoanalyzeabusinessproblem,designandapplyappropriate
decisionsupporttools,interpretresultsandmakemeaningfulrecommendationstosupportthedecisionmaker
Indicatebelowhowthecourselearningobjectivesspecificallyrelatetoanyprogramlearninggoalsandobjectives.
PROGRAMLEARNINGGOALSAND
OBJECTIVES
COURSELEARNINGOBJECTIVES
COURSEASSESSMENTITEM
Goal1EffectiveWrittenandOral
Communication
MinorGoal: Studentsgetanumberof
opportunitiestodemonstratetheirability
tocommunicateeffectively
CourseLearningObjective#4
Project/Exam
Analyticalthinkingandproblemsolving
skillsareessentialforsuccessinthis
course(CourseLearningOutcome#3)
Quiz/Exam/Project
Goal2EthicalUnderstandingand
Reasoning
Goal3AnalyticalThinkingandProblem
SolvingSkills
Goal4ApplicationofInformation
Technology
Goal5TeamworkinDiverseand
MulticulturalEnvironments
Goal6UnderstandingOrganizational
Ecosystems
Goal7(a)ProgramSpecificKnowledge
andUnderstanding
Goal7(b)Understandingthescience
behindthedecisionmakingprocess
ClassParticipation/Quiz/Exam/Project
MajorGoal: CourseLearningOutcome
#15
MajorGoal: CourseLearningOutcome
#15
CourseLearningOutcome#3
AllGradingcomponents
AllGradingcomponents
AllGradingcomponents
LahoreUniversityofManagementSciences
LEARNINGOUTCOMES
Uponcompletionofthecoursethestudentsshouldbeableto:
Understandandappreciatedifferentmanagerialfunctionsandtheirapplicationinanorganizationalsetting.
Critically examine managerial decisionmaking and the reasons and the context it takes place in so as to
sharpentheirownjudgmenttomakeinformeddecisions.
1.
2.
GRADINGBREAKUPANDPOLICY
Gradingforthecoursewillberelative.Thedistributionforcoursegradingwillbeasfollows:
ClassContribution10%
Quizzes20%(n1policy)
MidtermExam20%
CourseProject20%
FinalExam30%
EXAMINATIONDETAIL
Midterm
Exam
FinalExam
Yes/No:Yes
Combine/Separate:Separate
Duration:75minutes
PreferredDate:Tuesday/Thursday
ExamSpecifications:TBA
Yes/No:Yes
Combine/Separate:Separate
Duration:75minutes
PreferredDate:Tuesday/Thursday
ExamSpecifications:TBA
COURSEOVERVIEW
LECTURE TOPICS
RECOMMENDED
READINGS
OBJECTIVES/
APPLICATION
FoundationsofManagement
IntroductiontotheCourse
ManagingandPerforming
Chapter1
Introductiontomanagementfunctionsandkey
elementsofthenewcompetitiveenvironment.
TheEvolutionofManagement
Chapter1Appendix
Introductiontotheclassicalandcontemporary
managementapproachesandtheirinfluences.
TheExternalEnvironment
Chapter2
Understandinghowenvironmentalforces
influenceorganizationsandmanagerialdecision
making.
ManagerialDecisionMaking
Chapter3
Introductiontothestagesofdecisionmaking.
1&2
5&6
LahoreUniversityofManagementSciences
Planning:DeliveringStrategicValue
7
Planning
StrategicManagement Chapter4
EthicsandCorporateSocial
Responsibility
Chapter5
10
InternationalManagement
Chapter6
11
Entrepreneurship
Chapter7
12
Activity/Movie
Understandingtheplanningprocessandthe
alignmentoftactical,operationalandstrategic
planning.
Introductiontostrategicplanninganditseffective
implementation.
Understandingdifferentethicalperspectivesand
theirinfluenceonmanagerialdecisionmakingand
corporateresponsibility.
Understandingtheglobaleconomyandits
influenceonorganization.
Understandingentrepreneurshipsuccessand
challenges.
Chapter4
Understandingreallifeaspectsofmanagement.
Organizing:BuildingaDynamicOrganization
13&14
OrganizationStructure
15
16
Introductiontodifferenttypesoforganization
structures.
Chapter8
MidTermExam
OrganizationalAgility
Chapter9
Understandingtheideaoforganizationalagility
anditsrelevanceforsuccess.
Leading:MobilizingPeople
17
Leadership
Chapter12
18
Teamwork
Chapter14
19
Communicating
Chapter15
IntroductiontovariousLeadershiptheoriesand
theirapplication.
Applicationofmotivationconceptstoenhance
performance.
Importanceofeffectivecommunicationin
organizations.
Controlling:LearningandChanging
20
21&22
23
ManagerialControl
Chapter16
Introductiontovariousmanagerialcontrol
strategies.
ManagingTechnologyandInnovation
Chapter17
Howtomanageinthecontinuouslychanging
technologicalenvironment.
CreatingandLeadingChange
Chapter18
Tounderstandhowtomanagechangeeffectively
MiscellaneousTopics
24
PublicSectorManagement
Mintzberg:Managing
Government,Governing
Management;Bower:
EffectivePublic
Management;
Toshowrelevanceofmanagerialconceptsin
publicsector
LahoreUniversityofManagementSciences
Kachaneretal:What
youcanlearnfrom
familybusiness;Stalk
andFoley:AvoidTraps
thatcandestroyfamily
business;Dawood:
GoodGovernancein
familybusiness
Toshowrelevanceofmanagerialconceptsin
PakistaniContext
25
FamilyBusiness
26
Coursereview
27
ProjectPresentations
28
ProjectPresentations
FinalExam
Note1:Theinstructormayswapsessions,ifrequired
Note2:Readingsmaybeaddedorreducedduringthecourse
TEXTBOOK(S)/SUPPLEMENTARYREADINGS
Required:
Bateman,ThomasS.andSnell,ScottA.,2013(Tenthedition),"Management:LeadingandCollaboratingina
CompetitiveWorld",NewDelhi,TataMcGrawHillPublishing.
Reference:
Daft,R.2010.Management.9thEdition.SouthWesternCengageLearning
DETAILSOFGRADINGSCHEMEANDCLASSROOMCONTRACT
Class Participation: Students are expected to complete the assigned readings before each class session. To maximize the overall
learningoftheclass,eachstudentisexpectedtoactivelylistentotheinstructoraswellasclassmatesandrespondtocomments
whichadvancethelevelanddepthofthedialogue.
Gradingwillbebasedonthequalityofinputratherthanthefrequencyofcommentsmadebystudents.Studentsshowingagenuine
desiretolearnandinitiatediscussions,playingavoluntarythoughtfulandactiverole,anddemonstratinggraspofthesubjectby
applyingtheconceptstoreallifesituationswillberewardedgreaterpoints.
Attendance Policy: Classes will start at the scheduled time. Those entering the class any later than five minutes, will be marked
absentandhencewillsubsequentlybemarkedzeroforclassparticipationalso.Attendanceandclasscontributionwillbecounted
fromSession3onwards.Maxof4absences(includingpetitions)allowed.From5thabsence,therewillbenegativegradinginplace.
Cell phones should be kept off in class. No eatables are allowed inside the class. Leaving the class early will be marked as an
absence.TAswillbetakingnotesinthisregard.
Apartfromtheexceptionalcases,nopetitionwillbeentertainedformissedexamsandassignments,projectsandpresentations.In
case of exceptional reasons (such as death of an immediate family relative, severe illness or medical condition which would be
verifiedindetailbythedoctorsreportetc.)studentsmustinformtheinstructor(personallyorthroughemail)beforetheclassand
submitapetitionwithin3daysoftheclass.PleasenotethatclasscontributionwillNOTbecompensatedinanycase.Incaseofa
missedexam,thepetitionshouldbedirectedviatheStudentAffairsOffice.
Quizzes:Allquizzeswillbeunannounced.Itwillbescheduledatthebeginningoftheclass.Latecomerswillnotbegivenanyextra
LahoreUniversityofManagementSciences
time.
Otherpoints:Studentsareencouragedtoaskquestionspertainingtoanyqueriesregardingthecourseeitherthroughmeetingthe
instructorduringofficehours,orthroughemail.Feedbackisalwayswelcomed.
Grading.Refertothegradingscheme.Needlesstosay,traditionalgradingcriteriasuchasaccuracy,completeness,originality,and
depthofcoveragewillapplyinassigninggrades.
Communication.Besuretocommunicatewiththeinstructorregardingyourprogressorproblems.Communicateinclass,useemail
(muhammad.ayaz@lums.edu.pk)orvisitduringofficehours(TBA)orsetanappointment.
LUMSHONORCODE
ThecoursewillfollowtheLUMSstudenthonorcode.Cheating,unauthorizedcollaboration,plagiarism,anyformofdeceitorany
otherviolationsofthehonorcodewillbedealtwithaccordingtoLUMSpolicy.PleaserefertothelatestLUMSstudenthandbookif
youhavenotalready.