What is the Management Focus?
These management area courses are designed to provide actionable takeaways for participants to improve the results in their units. The learning outcomes for the management focus include:
- How to interpret and use financial statements and how to use data to improve decision-making for the enterprise
- How to exploit opportunities through planning
- How to think strategically and plan at a strategic level
- How to build capacity for getting unit results (how to work through people)
- How to create expectations of results for others
- How to create cooperation to bring people together around common ends and how to effectively use leadership to gain commitment by individuals
Course Descriptions:
Strategic Management (MG 7825). This is an executive development course from the perspective of thinking strategically and managing and leading as the person in charge. The course is a comprehensive exploration of the role of the general manager and the specific mindset and skills required to lead units and companies. The course will look at the skills of delegating authority, managing performance, gaining cooperation, and aligning people in order to get results. The course takes a comprehensive look at being in charge and the requisite management and leadership skills necessary to do so effectively. (2 credit hours)
Financial Management Cert (AC 6120). A practical, activity-based course involving the definition, creation, interpretation, and evaluation of financial statements, including effects of key financial decisions, construction of financial metrics, application of basic valuation tools, and determination of relevant costs for decision-making. (1 credit hour)
Business Intelligence (BIA 6300). Business leaders must have the ability to collect and interpret information concerning customers, suppliers, competitors, and make decisions that affect their company’s performance. Business Intelligence is a set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making with an emphasis on knowledge management. Students will apply the concepts of business process analysis, quality control and improvement, performance monitoring through performance dashboards and balanced scorecards and process simulation. (1 credit hour)
Additional Options:
If a firm wants the participants to get a broader business acumen experience, we could add or substitute a simulation course that is 2 credits. As a substitution, it could be in place of BIA 6300 and/or AC 6120. This simulation course would put participants in executive teams where they would start up a company, fund it through venture capital, and execute strategies by implementing production, marketing, selling, finance, accounting, and selling functions. Note if this is added or substituted in a way that increases the base credit hours above 4, the price would reflect this addition.