30402 - PRINCIPLES OF MANAGEMENT
Course taught in English
Go to class group/s: 25
- Make students aware of the complementary roles that different actors (individuals, organizations, institutions) play in modern economic systems.
- Develop a critical attitude regarding the objectives and the behaviour of people engaged in economic activity.
- Provide students with the fundamental concepts required for the economic analysis of firms' processes, as well as the ability to use them in basic situations.
- Provide a systematic picture of the wide range of decisions faced by managers and of the underlying economic analyses.
- The economic activity: organizations, firms, and economic specialization.
- Theories of the firms: stakeholder versus shareholder view.
- Behavioral assumptions: ethics and bounded rationality.
- Protecting shareholders' interests: corporate governance mechanisms.
- Strategic analysis: diagnosis, formulation, and implementation.
- Strategic diagnosis: scale, scope, learning and network economies.
- Strategy formulation: resources and competences.
- Strategy implementation: expanding scope, acquiring resources, strategic partnerships.
- Organizational structures, mechanisms, and culture.
- Aligning organization and people.
- Managing groups and individual behaviors.
Attending students are evaluated based on the following two parts
- A written exam: 80% of the final grade.
- A field project (realized in teams of 5-6 students): 20% of the final grade.
Important: the field project is an essential condition to be qualified as attending student. The distinction between attending and non-attending students is indeed determined by the participation in a teamwork.
For non attending students
Non-Attending students are evaluated based on a general written exam only (100% of the grade), which can be made either in December or in January/February, or in any of the future exam sessions.
- There is no textbook but only readings listed in the syllabus and available through Course Reserve.
- Cases discussed in class and available through Course Reserve.
- All other materials distributed during classes or made available on the course e-learning space, unless otherwise specified.