CA1.5 – Management Theory and Practice

CA1.5-Management Theory and Practice

On completion of this module, candidates will reach a competency sufficient to be able to:

• Describe the structure and purpose of organisations
• Describe the business environment and the role and activities that management determine for the organisation within that environment
• Explain the roles of governance and ethics in relation to the management of organisations
• Explain the role of managers and theories of management in both the public and private sector

Syllabus topics	Weighting (%)	LO
Structure and purpose of organisations	15	1, 2 and 3
The business environment	20	4, 5, 6 ,7 and 8
Governance and ethics	20	9
The role of managers in the public and private sector	45	10, 11, 12, 13 and 14

Learning outcomes

• LO1: Identify the objectives that managers set for organisations
• LO2: Describe the benefits of the structure of different types of organisations
• LO3: Identify the factors that give rise to managerial choice of organisation type and structure
• LO4: Describe the strategic environment that business operate within
• LO5: Describe the business planning process that support management decisions
• LO6: Explain the managerial control relationship between business plans and activities
• LO7: Describe key organisational behaviours
• LO8: Explain the basic elements of business analysis
• LO9: Explain the role of governance and ethics within organisations and related managerial responsibilities
• LO10: Explain the role of the manager and the principles of management
• LO11: Outline leadership theories and styles
• LO12: Specify how management can use motivation
• LO13: Explain the different types of organisational change
• LO14: Outline how management can achieve change

1. Describe the structure and purpose of organisations: LO1, 2, 3
   1. Describe the objectives for profit organisations, including:
      1. Limited companies
      2. Sole traders
      3. Partnerships
      4. Alliances
   2. Describe the key financial and non-financial objectives for profit and not for profit organisations, including:
      1. Government
      2. NGOs
   3. Identify and outline the role and impact of stakeholders
   4. Describe the benefits and limitations of organisational choice and form, including:
      1. Centralisation
      2. Decentralisation
      3. Matrix and mixed structures
      4. Networks
      5. Virtual arrangements
2.  Analyse the business environment and the role and activities that management determine for the organisation within that environment
   1. Describe the environment that business operate within, including:
      1. Globalisation
      2. International business
      3. Macro-economic environment
      4. National regulatory environment
      5. Micro-economic environment
      6. Markets and industries
   2. Demonstrate how management position the organisation to meet its objectives, including specification of the business planning processes in terms of:
      1. Basics and relationships of strategic vision, mission, values and objectives
      2. The relationship between strategic , business and operational plans
      3. Basics of strategic plan development
   3. Explain the relationship between business plans and activities, including:
      1. The relationships between business functions, activities and processes and their support for achieving business objectives
      2. The relationship between entity and functional strategies
   4. State and describe key organisational behaviours
      1. Formal and informal organisation
      2. Culture
      3. Leadership and management
      4. Individual and group behaviour in organisations
      5. Team formation, development and management
      6. Motivation of management and employees
3. Explain the roles of governance and ethics in relation to the management of organisations
   1. Outline governance structures and key governance roles
   2. Describe the principles of corporate governance
   3. Outline key ethical principles
   4. Explain the impact that good governance and good ethical frameworks have on organisational behaviour
4. Demonstrate an understanding of the role of managers and theories of management in both the public and private sector
   1. Explain the role of the manager and the principles of management, outlining:
      1. Key management skills
      2. Key theories of management
   2. Outline leadership theories and styles, including:
      1. The difference between management and leadership
      2. Theories of leadership
      3. The nature and uses of different styles of leadership
      4. The uses, benefits and obstacles to delegation
      5. How leadership can be adapted to organisational purpose and form
   3. Specify how management can use motivation, including:
      1. Theories of motivation
      2. Nature and process of motivation
      3. Personal achievement and career development
      4. Role of job design in motivation
      5. Motivation in the public sector and other non-profit organisations
      6. Ethical issues in relation to motivation
   4. Explain the different types of organisational change
   5. Outline how management can achieve change, including:
      1. Strategic change
      2. Impact of change triggers on the organisation
      3. Techniques of managing change
      4. Role of leadership in managing change
      5. Techniques for overcoming resistance
      6. Relationship between change process and organisational culture
      7. Change management in the public sector
      8. Ethical issues in relation to change management