BUS1002 Fundamentals Of Management/ theory in managerial decision making and problem-solving

Assessment Details:

Assess the student’s understanding of theoretical learning to practical, real-world situations. This is a great opportunity for the students to demonstrate their ability to:

• contribute effectively to a group task;

• assess an organizational issue or problem as objectively as possible;

• appreciate the potential of theory in managerial decision making and problem-solving, and

• take managerial responsibility by designing a practical course of action (rather than merely making recommendations).

Instructions

Students will form groups of around three/four. The group should identify a problem situation (at least three problems) in an organization they have access to (preferably an organization where at least one group member works or has worked recently). Do not focus on a problem that has already been solved

This assignment is divided

The project report PART-A should be covering the following points:

1. Provide a brief introduction of the organization (it is acceptable to withhold the name of the organization).

2. Describe the problem, as much as possible in terms of the observable or measurable symptoms it manifests, for example, increased customer complaints; specific quality concerns; high staff turnover; contracts lost; decreased market share; loss of funding or loss of profit, etc.,

3. The issue/problem should then be considered and analyzed in terms of material drawn from any two topics studied as part of this subject. To give some examples, your group may choose to apply a model of leadership to examine your problem or use models or concepts of motivation and organizational culture, or ethics and organizational design. Try to choose the topic models/concepts that seem to offer the most useful insights into the problem. Do not try to deal with many models or concepts. For example, two models, well applied and showing a good understanding of associated concepts would likely give optimum results. Topics outside course coverage should not be selected.

The project report PART B should be covering the following points:

4. Explain the classical functions of management for your organization which include planning, organizing, leading, and controlling. While the relevance of these functions has been attributed to the success of many organizations in the past, there has been a doubt on the relevance of these classical functions of management in contemporary organizations that are witnessing continual changes in their organizational environments.

5. In this Part B, students should write a group report to provide an analysis on both how the functions of management are constraining to the ability of organizations to adapt to the changes in their environment, and how organizations could appropriately (i.e. which types, styles, or theories) plan, organize, lead and control in the contemporary workplace characterized by changing environments.

6. Design an intervention (a change program or set of activities and procedures) utilizing some aspect or aspects of your analysis. The intervention should be intended to solve or improve the situation of the organization. Please note you are not merely being asked for a list of recommendations