MN6072 - The Management in practice (2021/22)
|Module specification||Module approved to run in 2021/22|
|Module title||The Management in practice|
|Module level||Honours (06)|
|Credit rating for module||15|
|School||Guildhall School of Business and Law|
|Total study hours||150|
|Running in 2021/22||
This Module is divided into two (2) themes:
(i) Professional Development, where the students will study current corporate governance theory and policy, plus study the management and performance of selected PLCs in light of their approach to corporate governance
(ii) Personal creative development, where the students undertake a range of psycho-metric tests, management exercises, plus study selected texts on personal creative development, and based on these produce a Personal Creativity Plan (PCP) which will guide them in their future post-degree career and studies
By studying these two themes, students will experience business management in practice from two differing yet integrated approaches, design to enhance their academic professional development, and personal creative development.
Prior learning requirements
Students studying business management in practice approach this Module from two differing yet integrated themes all vital for a Level 6 student: their professional development, and their personal creative development. Students study these themes and are assessed on each of them.
Firstly, they will study, discuss, and analyse the theory and practice of corporate governance – individually and in teams – and analyse the current performance of selected PLCs in light of corporate governance practice. This will enable student to develop a more profound understanding of business and management in practice.
Secondly, this time individually, they will undertake a range of psychometric tests and management exercises, plus study selected texts on personal creative development, and based on these produce an individual Personal Creative Plan (PCP) which will guide them in their future post-degree career and studies.
Combined, these two themes – separate yet integrated – will ensure the student end their degree with a profound yet practical understanding and experience of business management in practice, designed to enhance their career prospects and management abilities.
The two main themes in this module are directly related to the learning outcomes:
- Professional development: By studying corporate governance theories and policies, and by studying selected Annual Reports of PLCs, students will enhance their professional ability, and develop a deeper understanding of the ways in which corporate governance influences corporate performance. LO1
- Personal development: By studying and taking selected psycho-metric tests, management exercises, plus study selected texts on personal creative development, and based on these students prepare a professional-level Personal Creativity Plan (PCP), which will enable students to critically reflect on their business and management career prospects and ambitions. LO2
Balance of independent study and scheduled teaching activity
As one of the final modules in the course, high levels of reflective learning will be integrated into teaching. A blended approach is also evident in the mixture of lectures, flipped classes, workshops, reflective learning, guided readings on Web Learn, VLE activities, and guest lectures. PDP is expressly delivered in Theme 2 / Assignment 2.
On successful completion of this Module, students will be able to:
LO1: Analyse and criticise Corporate Governance theories and policies, and evaluate the Annual Reports and performance of PLCs of their choice, and that of similar corporations more widely.
LO2: Analyse and criticise the results of a range of psychometric tests and exercises, plus study relevant texts and theories, in order to produce a critical Personal Creativity Plan (PCP) to enhance their business management effectiveness and post-course career development.
The assessment strategy is designed to enhance students learning in relation to the two learning outcomes. There are two assessment points.
The first assignment (Week 7) is a 2,500-word pairs / twos report where the students select two PLCs and asses the performance of these PLCs in light of corporate governance.
The second assignment (Week 12) is a 2,500-word individual Personal Creativity Plan (PCP), where the students reflect on their own career and ambitions, based on a range of psycho-metric tests, management exercises, plus their analysis of selected texts on personal creative development.
The two assignments have been spaced across the duration of the Module to allow sufficient time for assignment preparation completion, marking, and feedback.
Amabile, T. and Kramer, S. (2012) The Progress Principle. USA: Harvard Business Press. at: http://forimpact.org/downloads/blog_progressprinciple_011312.pdf
Mallin, C. (2019) Corporate Governance. 6th edn, UK: Oxford University Press.
Rogers, C. (1954) Toward a Theory of Creativity, ETC: A Review of General Semantics (a ‘classic’, will be made available via WebLearn)
Test my Creativity at: http://www.testmycreativity.com
Corporate Governance: The International Journal of Business in Society, available FREE via the LondonMet Library at: https://0-www-emeraldinsight-com.emu.londonmet.ac.uk/loi/cg
Websites and other:
Financial Reporting Council (FRC), (2018) The UK Corporate Governance Code, at: https://www.frc.org.uk/getattachment/88bd8c45-50ea-4841-95b0-d2f4f48069a2/2018-UK-Corporate-Governance-Code-FINAL.PDF
Department for Digital, Media, and Sport (DCMS), various articles and papers, at: https://www.gov.uk/government/organisations/department-for-digital-culture-media-sport
Financial Times, section on Corporate Governance, at: https://www.ft.com/stream/324fbfe6-b453-46f1-92ed-315aea70de27
Guardian Business, section on Corporate Governance, at: https://www.theguardian.com/business/corporate-governance
GovUK, Policy: Corporate Governance, at: https://www.gov.uk/government/policies/corporate-governance
Chartered Institute of Managers (CMI), Personal Development Plan, at: https://www.managers.org.uk/knowledge-bank/personal-development-planning
Covey, S (1989) The Seven (7) Habits of Highly Effective People, Simon and Schuster, plus see Hussain, below, and at: http://www.quickmba.com/mgmt/7hab
Hussain, A (2018) The Seven (7) Habits of Highly Effective People, Book Summary, at:https://blog.hubspot.com/sales/habits-of-highly-effective-people-summary