The focus of this module is management and the development of students as managers. Managers are crucial to getting things done, for example, they plan, coordinate, lead and oversee the work of others in order to meet organisational goals efficiently and effectively. The problems and challenges of managing in today’s ever-changing, increasingly uncertain, complex economic environment requires managers and leaders to have the knowledge, ability and skills to take action, such as managing information, delegating tasks, setting goals, building teams, motivating others and along with numerous other activities, achieve organisational success.
This module provides students with an introduction to both traditional and contemporary management approaches to enable them to formulate effective business decisions when facing the demands of modern management. In addition to knowledge, the module provides students with management skills, such as self- awareness, communication and teamwork. A focus on attributes such as critical thinking and decision-making will help to prepare students for the ‘real world’ of business and management.
This theory-to-practice approach is embedded in the module through the use of a business simulation which will help students to understand and apply key business concepts. Designed to replicate the multidimensional nature of business and management it encapsulates fundamental cross-functional disciplines such as sales, marketing, operations and finance. It progressively leads students through major decisions including human resources through to strategy as they manage their own virtual company.
As each decision period progresses, students are given more control over their company, eventually becoming responsible for distribution, operations, product development and financial decisions. Student teams compete against each other in an online multiplayer environment.
This simulation provides invaluable hands on experience for students, requiring them to analyse data, collaborate with each other, and make managerial decisions. By bringing concepts to life it also encourages more engagement with the theoretical material they are learning.
- Teacher: Marilyn Rushton