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Critical Perspectives on Management
  • Level Foundation
  • Duration 17 hours
  • Course by IE Business School
  • Offered by

About

This course is designed for students of all backgrounds who have an interest in how firms are governed, the forces that have helped define modern management practice, and the outcomes of that practice not only for the firm itself, but also for the societies in which they operate. For students who are thinking of a career in management, it may also prove useful as a basic introduction to some of the conceptual vocabulary and ideas behind modern theories of management. Using a wide disciplinary approach - from economics and history to social theory and even a smattering of biblical criticism - the course will invite students to consider several core management strategies and priorities from often unexpected perspectives in order to judge their success or failure. The key objective of the course is to bring into critical focus how we think about the function and culture of management, how managers understand their role within a firm, how they take decisions, set priorities and benchmark success and failure. Topics include: the function of the firm; the role of incentive; the ways in which narrative forces shape decision making, and how market relationships define the managerial culture in ways that can lead to sub-optimal outcomes.

Modules

Course Overview

    • 1 Videos
    • 2 Readings
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1 Videos

  • Before We Begin

2 Readings

  • Syllabus & Readings
  • Grading and Logistics

The Roman Grain Trade Part I

    • 2 Videos
    • 1 Readings
    • 2 Assignment
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2 Assignment

  • Introduction
  • The Problem of Information

2 Videos

  • Introduction
  • The Problem of Information

1 Readings

  • Reading & Study Questions

The Roman Grain Trade Part II

    • 3 Videos
    • 2 Assignment
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2 Assignment

  • The Problem of Transaction Costs
  • Agency & Agency Costs

3 Videos

  • The Problem of Transaction Costs
  • Institutional Solutions and The Agency Dilemma
  • Supplemental (optional) Video - Class Discussion on the role of Freedmen

Review

    • 1 Assignment
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1 Assignment

  • One: The Lessons from Rome Part I

Forced Distribution Ranking Scheme (FRDS)

    • 3 Videos
    • 1 Readings
    • 3 Assignment
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3 Assignment

  • The Value of Monitoring
  • Drawbacks to Competitive Evaluation Schemes
  • Weighing the Method

3 Videos

  • The Value of Monitoring
  • Some Drawbacks
  • Weighing the Method

1 Readings

  • Reading & Study Questions

Conclusion

    • 1 Videos
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1 Videos

  • Concluding Lessons from the Roman Grain Market

Review

    • 1 Assignment
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1 Assignment

  • Two: The Lessons from Rome Part II

The Story of the Box

    • 3 Videos
    • 1 Readings
    • 2 Assignment
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2 Assignment

  • Defining Innovation
  • The Box: Explaining its Introduction

3 Videos

  • Defining Innovation
  • The Box: Explaining Its Introduction
  • The Box: Conditions for Success

1 Readings

  • Reading & Study Questions

Conclusion

    • 2 Videos
    • 1 Assignment
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1 Assignment

  • The Box: the Story of Failure

2 Videos

  • The Box: The Story of Failure
  • Conclusion: Thinking Beyond Innovation

Review

    • 1 Assignment
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1 Assignment

  • Three: What is Innovation?

The Power of Narrative

    • 2 Videos
    • 1 Readings
    • 1 Assignment
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1 Assignment

  • Commonplace Narratives & Metacritical Understanding

2 Videos

  • Examples of Commonplace Narratives
  • Towards a Metacritical Concept of Narrative

1 Readings

  • Reading & Study Questions

The Housing Bubble Part I

    • 3 Videos
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3 Videos

  • Home-Buying as An Investment
  • Irrationality in The Marketplace
  • Context Analysis

The Housing Bubble Part II

    • 3 Videos
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3 Videos

  • The Behavior of Market Actors
  • A Cognitively Dissonant Market?
  • Why Didn't The Federal Reserve Act?

Conclusion

    • 1 Videos
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1 Videos

  • Narrative Structures and Managerial Decisions: Concluding Remarks

Review

    • 1 Assignment
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1 Assignment

  • Four: The Power of Narrative

The Origins of Shareholder Value, Regulatory and Market Changes

    • 3 Videos
    • 1 Readings
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3 Videos

  • Shareholder Value: Origins I
  • Shareholder Value: Origins II
  • Regulatory and Market Changes

1 Readings

  • Reading & Study Questions

Is Shareholder Value a Good Idea?

    • 3 Videos
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3 Videos

  • Shareholder-centric Strategy
  • Who is The Shareholder?
  • Conclusion

Review

    • 1 Assignment
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1 Assignment

  • Five: Is Shareholder Value a Good Idea?

Case Studies: Apple

    • 1 Videos
    • 1 Readings
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1 Videos

  • Case Studies: Apple

1 Readings

  • Reading

Case Studies: Nokia Part I

    • 2 Videos
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2 Videos

  • The Rise and Fall of Nokia I
  • The Rise and Fall of Nokia II

Case Studies: Nokia Part II

    • 3 Videos
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3 Videos

  • Assessing Nokia's Strategy
  • Explaining Nokia's Decline
  • Conclusions

Review

    • 1 Assignment
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1 Assignment

  • Six: Case Studies

Final Exam

    • 1 Assignment
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1 Assignment

  • FINAL EXAM

Epilogue

    • 1 Videos
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1 Videos

  • Now It's All Over

Auto Summary

"Critical Perspectives on Management" explores the governance, practices, and societal impacts of modern management. Ideal for aspiring managers, it delves into economics, history, and social theory to examine management strategies. Offered by Coursera, the foundational course spans 1020 minutes with Starter and Professional subscription options.

Rolf Strom-Olsen
Instructor

Rolf Strom-Olsen