Course content

Many with university education will end up in various leadership positions, such as team leaders, project managers, department managers with financial responsibility and top executives during their careers. The course provides a basic introduction to management, organizational theory, economics and business management. This is, of course, a very central theme for any business. Those who want to establish their own business will benefit greatly from this topic, as will others who will be leaders in various businesses.

Learning outcome

Knowledge:

After completing the course, the student should be able to explain:

• Management theory and management principles
• Goals and strategies in organizations
• Organizational environment and its importance for a sustainable business
• Different forms of organizational structures
• Organizational culture and cultural understanding in a broader perspective
• HR - development of human resources
• Power, conflicts and ethics in organizations
• Financial management's place in management
• Economic decision-making problems
• Performance Measurement
• The decision-making processes in organizations
• Change Management

Skills: After completing the course, the student should:

• Be able to analyze, discuss and explain different management principles and management theories
• Be able to analyze, discuss and explain how a business can be managed and developed
• Be able to use analysis tools for decision making
• Be able to analyze real cases based on the subject's subject matter

General competence:

After completing the course, the student should be able to:

• Critically consider the assumptions on which good management and management are based, in light of sustainability and ethics
• Apply personalized knowledge through individual and teamwork

Learning methods and activities

Lectures, case discussions, group work and exercises

Recommended previous knowledge

None except the admission requirements for students at NTNU

Course materials

Erichsen, Morten, Solberg, Frode og Stiklestad, Trond, 2018. Ledelse i små og mellomstore virksomheter, Bergen: Fagbokforlaget

Berg, Terje, 2019. Økonomiforståelse for ledere og styremedlemmer, Bergen: Fagbokforlaget

Article: Control in an Age of Empowerment Robert Simons FROM THE MARCH APRIL 1995 ISSUE https://hbr.org/1995/03/control-in-an-age-of-empowerment

Credit reductions