Principles of Management

Relations:

It is not possible to register for the course U16C1101 if the student is concurrently registered for or has already completed the course U16E1101 (mutually exclusive courses).

The requirement for course U16C1101 can be fulfilled by substitution with the course 32BC-P-MNGZ-01.

It is not possible to register for the course U16C1101 if the student is concurrently registered for or has previously completed the course 32BC-P-MNGZ-01 (mutually exclusive courses).

It is not possible to register for the course U16C1101 if the student is concurrently registered for or has previously completed the course U16E1101 (mutually exclusive courses).

Course guarantor:

Lecturer:

Tutor:

Supervisor:

Institute of Management Studies

Synopsis:

Requirements:

Course Completion Requirements:

Credit (Coursework):

Attendance at a minimum of 12 out of 13 seminars (1 seminar out of the planned 14 is cancelled)

Active participation in seminars: 040 points

Delivery of a high-quality group presentation (a 20-minute report on a selected topic)

Final Exam:

Final written test: 060 points

Total: 0100 points

Grading Scale:

10090 points = A

9080 points = B

8070 points = C

7060 points = D

6050 points = E

Less than 50 points: an oral exam is required.

The oral exam may also be used to improve the final grade.

Syllabus of lectures:

1. Introduction to Modern Management

Definition of management and its basic concepts

History and developmental stages of management

Professional foundations of management

General and specific functions of management

Modern trends in corporate management

Course content structure

2. The Subject of Management

Entrepreneurship and business

The company and corporate management

External relations of companies and management

Business processes

Corporate resources

Tools of corporate management

3. The Manager and the Management Team

The role of the manager

Personality profile and development of the manager

Managers education, knowledge, and experience

Typology of managers

The management team

4. Planning

Goals and tasks

Goal-oriented and task-based management

Plans

Planning

Planning techniques and tools

5. Strategic Management

Strategic management

Strategic planning

Analytical tools of strategic management

Corporate strategy

6. Organizing

Organizing and the subject of organizing

Organizational structures and principles of their design

General and specific organizational structures

Structures supporting economic and entrepreneurial independence

External organizational structures

Organizing tools

7. Resource Provision

Corporate resources and their provision

Categories of corporate resources

Securing corporate resources

External resources and outsourcing

Models of external and international cooperation in resource management

8. Human Resources

Work team

Team building and team culture

Team management

Human resource management

Humanization of work

9. Leadership

Leadership in corporate practice

Motivation and incentives

Leader and leadership

Leading a work team

Normative and technical leadership tools

10. Decision-Making

The essence of decision-making

Organization and process of decision-making

Decision-making analyses

Decision-making tools

11. Controlling

The managerial function of controlling

Monitoring

Controlling

Testing

Benchmarking

Reporting

Auditing

12. Company Performance Indicators

Company economic indicators

Performance indicators and KPIs

KPI indicator groups

KPI-based management

Company benchmarking by KPIs

Annual reports

13. Outsourcing and Internationalization

Outsourcing:

Management of equity participations

Group company management

Management of business relations and supply chains

Management of outsourcing relationships

Partnering

Internationalization:

Diversity

Globalization

International and global companies

International and global management

14. Management of Social Values

Corporate values

Business and management ethics

Quality and reliability

Occupational hygiene and safety

Environmental protection and sustainability

Material and energy sustainability and independence

Social responsibility

Social values management

Submission of seminar papers

Written test

Oral exam

Syllabus of tutorials:

Organizational Instructions, Credit and Exam Requirements

Assignment of Group Presentations Based on Professional Publications

Approx. 20-minute presentation summarizing the key ideas from the following books:

WOLFF, I.: Workplace Etiquette. How to Make a Good Impression. Prague, Grada 2007

LAMBERT, T.: How to Influence Others Effectively, Management Press, Prague 1999

OWEN, J.: How to Become a Successful Leader, Grada Publishing, Prague 2006

CRAINER, S.: Modern Management: Key Management Thinkers, Management Press, Prague 2000

HAMMER, M.: Agenda 21, Management Press, Prague 2002

VEBER, J. et al.: Digitalization of the Economy and Society Benefits, Risks, Opportunities, Management Press, Prague 2018

(Note: Presentations will be delivered in the following seminars upon agreement with the instructor.)

Presentations Core Principles

Structure of a presentation

10 steps to presentation preparation

The Presentation Ten Commandments

Rhetorical tools to be used based on homework preparation

Presentations Practical Exercises

Describing an object, process, diagram, or chart

How to define instructions and practical exercises

Short speeches practice + evaluation

Manager Profile

Charisma, leadership, principle of prevention, principle of prioritization Pareto Principle in practice

Case study: The Pareto Principle

Planning

Case study: Vision and mission connected with student presentation of real-world examples

Decision-Making

Case study: Distinguishing between well-structured and poorly-structured decision-making problems, consideration of risk

Organizing

Examples of factors influencing span of control, pros and cons of delegation

Case study: Examples of organizational structures and discussion of changes and their impact on company management

Human Resource Management

Career paths, employee affairs

Case study: Career planning

Effective Communication

Case study: Protection of personal data

Motivation

Relevance today of Maslows hierarchy of needs, Theory X and Theory Y

Case study: Creative thinking methods and teamwork

Corporate Culture, Ethics, Etiquette, Multicultural Management

Case study: Etiquette test

Controlling Internal Control and Audit

Case study: Preparation of a checklist for internal control of a selected department

Company Formation

Sole proprietorships, business corporations, foundations, institutes

Case study: Starting a sole proprietorship

Ethics, Codes of Conduct, Corporate Social Responsibility

Study Objective:

Course Objective:

The aim of the course is to introduce students to the fundamental principles of management within the context of the current needs and trends of the 21st century, to familiarize them with the basics of the discipline, and to prepare them for a career as managers in companies and institutions and/or for further study in the following years of bachelor's and master's programs.

The course also aims to introduce students to:

the subject and overall structure of management theory and practice,

fundamental management concepts and terminology,

the content, techniques, and tools of key managerial functions,

the scope of specific managerial functions and sub-disciplines of management,

current trends in corporate management and future outlooks.

Expected Learning Outcomes:

By the end of the course, students will be able to:

understand the overall thematic structure and issues of modern corporate management,

comprehend and apply the content and scope of the fundamental tools of key managerial functions in practice,

understand the nature of specific managerial functions and sub-disciplines of management and apply them in practice,

grasp the essence of key managerial trends and their impact on the future of management theory and, above all, on corporate management practice.

Study materials:

Management Course Materials:

Ing. Oldřich Bronec, CSc.: Modern Management, Olbron Invent, Prague 2022

(Available chapters: 1. Fundamentals of Management, 2. The Subject of Management, 3. The Manager and the Management Team, 4. Planning, 5. Strategic Management, 6. Organizing, 9. Leadership the remaining chapters will be added throughout the year)

Required Literature:

Jaromír Veber et al.: Management: Fundamentals, Modern Managerial Approaches, Performance and Prosperity, 2nd updated edition, Management Press, Prague, 2009

Leo Vodáček, Oľga Vodáčková: Modern Management in Theory and Practice, 2nd expanded edition, Management Press, Prague, 2009

Milan Michalko, Daniela Vopalecká: Management I: Fundamentals of Management, Study Material for the Course, Vysoká škola podnikání a práva, Ostrava, 2013

Milan Michalko, Tomáš Tykva, Monika Bumbová, Daniela Vopalecká: Management II: Managerial Methods and Techniques, Study Material for the Course, Vysoká škola podnikání, Ostrava, 2014

Recommended Literature:

Heinz Koontz, Harold Weihrich: Management, Victoria Publishing, Prague, 1993

Charles Handy: The Second Curve: Thoughts on Reinventing Society, Management Press, Prague, 2016

James McGrath, Bob Bates: The Little Book of Big Management Theories And How To Use Them, 1st edition (Czech: 89 Most Important Management Theories for Practice), Management Press, Prague, 2015

Pavel Štrach: Principles of Management, Vysoká škola ekonomie a managementu, Prague, 2008

Stanislav Červeňan: Process Reengineering and Performance Measurement in Public Administration, Horizonty, KPMG, Prague, 2005

Vítězslav Prukner: Managerial Skills, Palacký University in Olomouc, Olomouc, 2014

Vítězslav Prukner, Jaromír Novák: Fundamentals of Management, Palacký University in Olomouc, Olomouc, 2014

Note:

The course does not require any prior knowledge. Technical knowledge is welcome but not mandatory.

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans:

• B-EK-prez.forma od 16/17 (compulsory course)
• B-EK-prez.forma od 17/18 (compulsory course)
• B-EK prez. forma od 18/19 (compulsory course)
• B-EM-P prezenční studium od 18/19 (compulsory course)
• B-EM-P prezenční studium od 19/20 (compulsory course)
• B-EM-P prezenční studium od 20/21 (compulsory course)
• B-EM-P prezenční studium od 21/22 (compulsory course)
• B-EM-P prezenční studium od 22/23 (compulsory course)