Company Management (FSI-HP1)

Students will gain basic knowledge about management and the practical use of management tools and techniques in organizations, including an introduction to new trends in organizational design, international management and corporate governance.

Knowledge of the fundamentals of business economy, business functions, its management and results.

The course introduces basic knowledge with a link to managerial functions corresponding to the basic concepts of management theory and organizational theory. The first part focuses on the knowledge of the basic managerial functions of planning, organizing, leading and controlling, to an extent appropriate to most universities and schools of similar orientation. The second part introduces students to the basic concept of organizing with a link to the issues of organizing multinational companies, including future trends in management development.

Completion of the subject:

In order to be awarded credit, active participation in the exercises during the presentation and subsequent discussion of the seminar papers is required (among other things). During the semester, individual activities in the exercises are evaluated using a point system, which is updated for each semester according to the  types of tasks.

A student must obtain at least 60% of points to be awarded credit.

Students can earn points for:
• semester work
• presentation of semester work.

Exam requirements: knowledge of the lectured material and its practical application.

The form of the exam is written, the examiner decides on the oral exam on the basis of a tie in the written exam.

The exam is classified according to the ECTS scale, in order to successfully pass it, you need to get at least 50% points. To the overall evaluation of the subject takes into account the evaluation of the work during the entire semester. 

Course completion requirements (weight)

Fulfillment of the conditions for obtaining credit 60%
Passing the final exam 40%
Total 100%

Completion of the course for students with ISP:
1) preparation and submission of the semester project
2) examination 

Completion of the course in the event of the announcement of the distance form:

analogous conditions as for the attendance form:
processing and submission of semester work
presentation of semester work
 
Checking the results of the semester work, the results of solving case studies, the results of processing presentation topics, checking the results of the knowledge test.
In case of excused absence from the exercise, the teacher may, in justified cases, set an alternative condition, usually the elaboration of a partial written assignment.

The study of comprehensive knowledge of the fundamentals of management theory and its various interpretations. The core of the course is an introduction to the individual functions of management: planning, organizing, leading and controlling. Each function is explained in detail. Attention will also be paid to contemporary approaches applied in the practice of organizations, such as network organization, international management and corporate governance.

1.The nature, purpose and practice of management. Definition of management, managerial work. The importance of management in practice, reasons for studying management.
2.Development trends in management. Introduction of management schools influencing the development of management. Presentation of different concepts of management development.
3.Environment of management. External environment and internal environment. Implications for managerial decisions. SWOT analysis. The nature of the environment affecting the management of the organisation.
4.Vision, mission and objectives of the organisation. Basic assumptions for setting the organization's mission and goals. Types of objectives, hierarchical breakdown, time breakdown. Conflict of objectives.
5.Planning, definition, hierarchical and time division. Complex planning system in the organization. Control - definition, concepts. Standards of control. Control process and requirements for its efficiency and effectiveness. Types of controls. Audit with a focus on management audit.
6.Organizing - definition, concepts. Contingency approach to the development of organizational structure. Aspects of horizontal and vertical differentiation of structure formation. Integration and types of organizational structures. Management span, centralization and decentralization of management. Competence in organisational design.
7.Motivation and leadership in the organization. Communication. Definition of concepts, theoretical approaches. Content and process motivation theories. Leadership styles theory, managerial grid and situational theories.
8.Decision making in management - organizational hierarchy for decision making. Well and ill structured problems. Steps in the decision making process. Types of decisions.
9.Internal and external organizational networks. Business network organizational structures, Ameba, Franchising, Fractal organization. Holding organizational structures, types of holding organizational structures, characteristics and features of holding companies.
10. International Management - Internationalization, entry into foreign markets.
11. International Management - Organizational forms of Internationalization, Multinational Companies, Expatriation - International H.R. activities.
12. Corporate Governance, Ownership-management linkage, governance models, approaches of application to a specific example, CSR