Study-Unit Description

Study-Unit Description


CODE MGT2404

 
TITLE Topics in Applied Management

 
UM LEVEL 02 - Years 2, 3 in Modular Undergraduate Course

 
MQF LEVEL 5

 
ECTS CREDITS 4

 
DEPARTMENT Business and Enterprise Management

 
DESCRIPTION Today’s business world is continuously changing and presenting complex challenges to organisations operating within it. Those managing such organisations face these challenges and are expected to find solutions to address them. This study-unit presents a number of management topics with which organisations and managers need to contend and resolve if they want to continue operating successfully in this ever changing and challenging environment. This course aims to show students how theory can be applied to real life business challenges and introduces a tool box of interventions through which students learn how to analyse a problem, identify potential solutions, select different possible interventions and understand how to apply different interventions to the challenges presented. This study-unit will include the following topics:

- Introduction to applied management and evidence-based management;
- The role of management in organisations;
- The evolving organisation: structures, processes and change;
- Strategy and its application to business;
- The science behind organisational behaviour;
- The use of technology in managing organisations;
- Management and Artificial Intelligence;
- Governance and ethics in business organisations;
- The future of work and changing managerial paradigms;
- Using data in business decision making;
- Sustainability and business.

At the end of the study-unit students will have a stronger understanding of the theory behind management practice and a deeper appreciation of some of the main trends affecting management and organisations today. It will also help students continue to develop critical and analytical thinking skills together with other personal skills required in management practice.

Study-Unit Aims:

This study-unit aims to help students learn how to analyse business challenges and design interventions which combine the theoretical knowledge gained through the course with the principles and logic of applied and evidence-based management. Through this study-unit students learn to develop further their theoretical knowledge and apply it to develop and assess solutions applicable to business challenges, assess risks and benefits of designing and applying solutions to business challenges and determine how to best apply theoretical principles to working solutions.

Learning Outcomes:

1. Knowledge & Understanding:

By the end of the study-unit the student will be able to:

- Understand the principles of management in business organisations;
- Understand current practices in the management of business organisations;
- Understand how to assess management and business challenges;
- Learn how to develop and critically assess solutions to address business challenges;
- Learn how to apply theoretical models to address business challenges;
- Learn how to balance the perfection of theoretical models with the requirements of practice.

2. Skills:

By the end of the study-unit the student will be able to:

- Analyse business problems with an aim of providing working solutions to address problems;
- Select appropriate tools and solution to address business challenges;
- Put together different interventions while understanding how these interventions can interact together to address business challenges;
- Develop skills which help evaluate solutions and their applicability and suitability to the business organisation in question;
- Develop the skills required for the building of theoretical models which are applicable to real world business solutions;
- Develop the skills required to negotiate the implementation and adoption of solutions proposed to address business challenges.

Main Text/s and any supplementary readings:

- Porter, M.E., 2011. HBR's 10 Must Reads on Strategy (Vol. 1). Harvard Business Press.
- Buła, P. and Niedzielski, B., 2021. Management, Organisations and Artificial Intelligence: Where Theory Meets Practice. Routledge.
- Wodecki, A., Wodecki, H. and Harrison, 2019. Artificial intelligence in value creation. Springer International Publishing.
- Bula, P. and Nogalski, B. eds., 2020. The Future of Management. Entrepreneurship, Change and Flexibility. Wydawnictwo UJ.
- Nogalski, B., 2020. The Future of Management. Industry 4.0 and Digitalization. Wydawnictwo UJ.
- Roff, R., 2023. Fundamentals of Business. Pamplin College of Business in association with Virginia Tech Publishing.
- Kennedy, R., Jamison, E., Simpson, J., Kumar, P., Kemp, A., Awate, K. and Manning, K., 2020. Strategic management.
- Teoh, T.T. and Goh, Y.J., 2023. Artificial Intelligence in Business Management. Artificial Intelligence.
- Lynn, T., Rosati, P., Conway, E. and van der Werff, L., 2023. The Future of Work: Challenges and Prospects for Organisations, Jobs and Workers.
- Various Case Studies from Harvard Business Review.
- Academic articles covering the topics presented in the study-unit.

 
ADDITIONAL NOTES Pre-requisite Study-unit: Although no pre-requisite study-units are required the course does assume that students have a good basic understanding of the main topics in management such as marketing, strategy, human resources and statistics.

 
STUDY-UNIT TYPE Lecture, Fieldwork and Seminar

 
METHOD OF ASSESSMENT
Assessment Component/s Assessment Due Sept. Asst Session Weighting
Classwork SEM2 Yes 25%
Essay SEM2 Yes 25%
Presentation SEM2 Yes 50%

 
LECTURER/S Joshua Emanuel Zammit

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit