MGMT 142-Principles of Management-Muhammad Ayaz

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LahoreUniversityofManagementSciences

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.

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