Management Fundamentals
The objective of this training is to help participants understand management as skills, tools and techniques, and as mindsets. The program is focused on the process of translating corporate strategy into managerial decisions and actions. The participants will be invited to analyze the organization as a complicated system and to improve their professional skills so that they can manage themselves and the resources they are responsible for toward consistent strategic ends. Participants will be invited to experience the function of professional managers within the context of delivering results that add value for all stakeholders of the enterprise.
In our Blended Learning Programs, participants can practice applying managerial skills to a simulation company as they run a simulated company over several rounds. With short lectures before each round the participants are reminded of the theory and tools of each management function. The simulation allows them to make mistakes and have learning moments in a safe environment. Participants will develop a disciplined and consistent approach to better understand the context, function and tools of management
Learning Outcomes:
- Managerial Mindsets and how they apply to practice
- Exposure to global know-how in Professional Management
- Big picture view of the corporation and the industry
- Evaluation of corporate/individual success from stakeholders’ perspective
- The role of Professional Manager
- Application of concepts and methodologies in practice
- Areas of expertise under “management” and how to explore them
- Templates and check-lists for problem solving
- Tools of the trade: software and methodology
- Roadmap for career development
1. Managerial Mindsets: Managing…
a. Self with Reflection
b. Organization with Analysis
c. Relationships with Collaboration
d. Context with Worldliness
e. Change with Change
2. Corporate strategy and business results:
- Value Based Management: What value we generate for customers and other stakeholders
- How corporate strategy is reflected in departmental goals
- How inter-departmental processes serve corporate strategy
3. Management Practice
- Defining “work”
- Planning and Budgets
- Execution and Contro
4. Areas of Managerial Competency
- Human Resources
- Communication and Reporting
- Financial Management
- Time Management
- Procurement
- Risk Management
- Managing Quality
5. Professional Manager’s Software Tools
6. Managerial careers
Course Simulations
