Learn the fundamentals of modern business management as you explore how business management practices evolved from the rise of large corporations in the late 1800s to today.
Management is the organization and coordination of work to produce the desired result. A manager is a person who practices management by working with and through people to accomplish his or her organization's goals. When you think of the term manager, you may imagine your supervisor as he or she hires and terminates employees and makes major decisions above your authority. However, although you may not view yourself in this way, you may also be a manager. In fact, many of us practice management skills in the workplace every day. You may have a team of employees that you manage, or lead a project that requires a management strategy, or demonstrate leadership qualities among your peers. These are all scenarios that require you to apply the principles of management. In this course, you will learn to recognize the characteristics of proper management by identifying what successful managers do and how they do it. Understanding how managers work is just as beneficial for the subordinate employee as it is for the manager. This course is designed to teach you the fundamentals of management as they are practiced today.
This course will illustrate how management evolves as firms grow in size. It is based upon the idea that the essential purpose of a business is to produce products and services to meet the needs and wants of the marketplace. A manager marshals an organization's resources (its people, finances, facilities, and equipment) toward this fundamental goal. In this course, you will explore the tasks that today's managers perform and delve into the key knowledge areas that managers need to master to run successful and profitable businesses.
- Unit 1: What Is Management?
- Unit 2: Historical Development and Globalization
- Unit 3: Organizational Culture, Diversity, and Ethics
- Unit 4: Leadership and Teams
- Unit 5: Managing Employees: Motivation, Empowerment, and Conflict Resolution
- Unit 6: Human Resource Management
- Unit 7: Planning and Strategy Formulation
- Unit 8: Decision-Making
- Unit 9: Organization Structure, Change, and the Future of Management
- Discuss the purpose of management and how historical theories have shaped management;
- Assess the impact of globalization on operating, growing, and managing a business;
- Explain the importance of ethical practices and a culturally diverse workforce in businesses;
- Analyze key elements of leadership skills and the importance of an effective, qualified, and cohesive workforce;
- Analyze methods of empowering employees and managing conflict;
- Examine methods for effective planning and strategy formulation; and
- Determine ways in which organizational structure and technology can be used to advance an organization.