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What is theory and why does it matter for a potential manager? (e.g. key principles from Why hard-nosed executives should care about management theory) Theories
- What is theory and why does it matter for a potential manager? (e.g. key principles from "Why hard-nosed executives should care about management theory")
- Theories can help us interpret the present, understandwhat is happening, and predictthe future
- What is the relationship between theory, principle, and application?
- What does it mean to say that an organization is a "rational" system? A natural system? An open system?
- Understand key differences between 3 organizational "lenses" Module 1
- What is the differentiation between a shareholder vs. a stakeholder view of the firm?
- How can managers infuse their organizations with purpose? (e.g. key principles from "Creating a purpose driven organization")
- What role can mission statements play in organizations?
- What is corporate governance?
- What is the agency problem? How is it overcome?
- How can pluralistic ignorance affect boards?
- What is a balanced scorecard approach to measuring effectiveness?
- What is the difference between efficiency and effectiveness?
- What are the basic designs available to organizations? (e.g. functional, divisional, hybrid, matrix, network, etc.)
- What are the advantages and disadvantages of these designs?
- What is the appropriate context for each of these designs?
- What is contingency theory and how does it apply to organizational design?
- Theories can help us interpret the present, understandwhat is happening, and predictthe future
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