Management Principles is a complete introductory course on the management process from a manager’s perspective, emphasizing the skills, techniques and knowledge needed to manage an organization successfully. This course explores the fundamental concepts and methods of management. Students will examine the fundamental roles and processes of planning, leading, organizing, controlling, staffing and decision making that comprise the managers’ role. It focuses on the entire organization from both a short and long-term perspective for strategic vision, setting objectives, crafting a strategy and then implementing it. This course will enable students to develop immediate and long-range plans to accomplish organizational goals effectively. Students will develop skills related to the manager’s function as required in today’s competitive environment. This course examines the logic and working of organizations. It also explores how organizations develop and maintain competitive advantage within a changing business environment influenced by political, economic, social, technological, legal and environmental (PESTLE) factors. The course content organizes around the four ‘pillars’ of management viz. planning, organizing, leading, control, staffing and decision making for systematic understanding of management-related challenges and applying conceptual tools and techniques in analyzing, evaluating and addressing management issues.
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