Study Web

Business

Contemporary Management Principles

Introduces the core functions of management — planning, organising, leading, and controlling — in the context of today's competitive, global, and technology-driven business environment.

Practice Mode
Planning Leading Control

Management Foundations

Managing in a Competitive World Introduces the nature of management in today's competitive landscape. Covers the four functions of management, sources of competitive advantage, management levels, key managerial skills, and career development principles. Managerial Decision Making Examines the types of decisions managers face, the rational decision-making process, psychological biases, group decision making, creativity, and organisational decision models including bounded rationality and the garbage can model. Ethics and Corporate Social Responsibility Examines ethical systems that guide managerial decision making, how organisations build an ethics environment, the process for ethical decisions, and the four dimensions of corporate social responsibility. Also covers sustainability and the natural environment.

Strategy and Structure

The External and Internal Environments Examines how organisations are influenced by and can influence their environments. Covers the macroenvironment, competitive environment (Porter's Five Forces), environmental analysis techniques, organisational culture, and strategies for managing environmental uncertainty. Planning and Strategic Management Covers the six-step planning process, strategic vs tactical vs operational planning, SWOT analysis, corporate and business strategy options including the BCG matrix, and the keys to effective strategy implementation. Organisational Structure Examines how organisations are designed through differentiation and integration. Covers authority, span of control, delegation, functional and divisional structures, the matrix organisation, network organisations, and coordination mechanisms.

Leading and Changing

Leadership Explores what effective leadership means, sources of power, trait and behavioural approaches, situational leadership theories, and contemporary perspectives including transformational, servant, and authentic leadership. Managerial Control Examines why and how organisations develop control systems. Covers bureaucratic, market, and clan control; the control cycle; budgetary and financial controls; the balanced scorecard; and how to design effective control systems. Technology, Innovation, and Change Covers the technology life cycle, diffusion of innovation, managing technology for competitive advantage, sources of new technology, and creating organisational change. Includes Kotter's change model and the concepts of reactive vs proactive change.

People and Organisations

What Is Motivation? Explores motivation theories including goal-setting, reinforcement, expectancy theory, Maslow's hierarchy, ERG theory, McClelland's needs, and job design. Based on Chapter 13 of Bateman & Snell. What Is Communication? Covers the communication model, one-way vs two-way communication, verbal and written channels, media richness, communication pitfalls, downward/upward/horizontal communication, the grapevine, and organisational transparency. The Contributions of Teams Examines how teams contribute to organisational effectiveness, types of teams, the stages of team development, building effective teams, team norms and cohesiveness, and managing conflict. Based on Chapter 14 of Bateman & Snell.