Management Concepts

Faculty of Business Management and Social Sciences

Version 20.0 of 04/29/2019

22B0922

Management Concepts

• Betriebswirtschaft und Management - WiSo (B.A.)
• International Management (B.A.)

3

The course introduces students to essential management concepts for implementing and executing organizational strategies. The knowledge and understanding of state-of-the-art management philosophies complements the analytical competences acquired in the related course ‘Management Tools’. Recognizing elements of management concepts in organizational decisions helps students in understanding the strategy implementation process and enables them to critically reflect strategic positioning. The knowledge and skills learned ensure students’ employability in strategy as well as functional areas today and in the future.

• Management concepts/philosophies, including but not limited to:
• Strategic Organizational Design
• Change Management
• Project Management
• Innovation Management
• Process Management
• Lean Management
• Just-in-time
• Quality Management
• Benchmarking
• Supply Chain Management

Knowledge Broadening
Students who successfully complete this module are able to
- appreciate management concepts for implementing strategic choices and ensuring the long-term success of organizations.
- relate the discussed management concepts to other strands of management literature.
- reflect on the opportunities and pitfalls of management concepts in today’s business world.
- explain the development of and rational for the discussed management concepts.
- identify constraints for applying management concepts in various business contexts.
- understand the meaning of quality from the Japanese point of view.

Knowledge Deepening
Students who successfully complete this module are able to
- explain the main steps in applying management concepts, like just-in-time (JIT) in organizations.
- identify problems in change, project, innovation and process management and address them.
- identify the key differences between JIT and other traditional approaches to inventory management.
- identify the link between JIT and quality.
- understand how value can be added by managing quality.
- differentiate between cost reduction measures and lean management.

Instrumental Skills and Competences
Students who successfully complete this module are able to
- select and apply elements of management concepts to implement strategic choices.
- recognize constraints for applying management concepts in business reality and know how to address them.
- increase their personal effectiveness by selecting and employing management techniques and tools, like, for example, forcefield analysis in change processes, process mapping and creativity techniques in innovation management.

Communicative Skills and Competences
Students who successfully complete this module are able to
- explain precisely the rationale, functionality and benefits of the discussed management concepts.
- promote the benefits of management concepts.
- collate, process and present necessary information regarding the implementation of management concepts to various stakeholders.
- map complex processes in order to detect areas of improvement.

Systemic Skills and Competences
Students who successfully complete this module are able to
- facilitate and contribute to change management processes and other projects within organizations.
- appreciate the merits of management concepts for managing the long-term prospects of an organization.

Lectures, illustrations/case studies, classroom discussions, videos, interactive exercises, topical readings, assignments, teamwork.

The course ‘Management Tools’ or a similar introductory course to Strategic Management is strongly recommeded. Furthermore, sound knowledge of the various functions within organizations and of micro- and macroeconomics are desirable.

Hofmann, Kay Hendrik

• Hofmann, Kay Hendrik
• Kaur-Lahrmann, Ravinder
• Halstrup, Dominik
• Frie, Jan

5

Slack, N., Brandon-Jones, A. and Johnston, R. (2013), Operations Management, 7th edition, Pearson Johnson, G., Whittington, R., Scholes, K. Angwin, D. and Regner, P. (2014), Exploring Strategy - Text and Cases, 10th edition, Pearson

Keuning, D.(1998), Management - A Contemporary Approach, Pitman

van den Berg, G. and Pietersma, P. (2015), Key Management Models: The 75+ Models Every Manager Needs to Know, 3rd edition, Pearson

• Two-Hour Written Examination
• Portfolio exam

Reflects the contents and methods studied during the course of the semester and assesses how the leanring outcomes have been achieved.

1 Term

Winter and Summer Term

English