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undamentals

of

anagement

Introductory Lecture

The Carlson School of Management

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What does it take?

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The last 100 years plus

1900-1910: Neon lights, Kelloggs corn flakes, instant coffee

1910-1920: Pyrex, stainless steel, and the zipper

1920-1930: Band aids, spiral notebooks, electric razors

1930-1940: Scotch tape, nylon, the ball point pen, Teflon

1940-1950: Slinky, silly putty, Velcro and the atomic bomb 1950-1960: Oral contraceptives, McDonalds, and Barbie

1960-1970: Valium, Astroturf, and the pop-top cans

1970-1980: Post-it notes, walkman, and the VCR

1980-1990: Disposable contact lenses, doppler radar, andgenetically engineered human growth hormones

1990-2000: DVD, Viagra and the first digital answering machine

2000-2010: Yu-Gi-Oh cards, Lipitor, iPad, TIVO

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Management

The initiation of change

the key mechanism underlying human progress

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TheJourney

Are youready?

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The Elevator is out of order

You need to take the stairs!

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Keys to Personal Success

TODAY

Self-image

Your relationship with others Goals

Attitude

Work

Desire

TOMORROW

Health

Wealth Happiness

Friends

Growth

Peace

Security

Leisure

Freedom

Opportunity

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Keys to personal success

Vision learning

Planning networking

Resources doing!

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The Time is Now!

You can be bright and broke Turn it on Garbage-dump thinking The future is now The losers limp

The natural born Prisoners of hope

Here are the beautiful people Its in your hands

Dont leave me nowact!

Dont get cooked in the squat Half-a-minders and gonna-doers It just isnt so

The balloon salesmanZig Ziglar

http://images.google.com/imgres?imgurl=http://www.whoiswaseemmirza.com/images/Zig_Ziglar_HR.22310626_std.jpg&imgrefurl=http://www.whoiswaseemmirza.com/MyIncomeStreams.htm&usg=__Hq0Y6o8sxPtRfhLH-kAoW4c46xo=&h=500&w=375&sz=25&hl=en&start=1&um=1&tbnid=Whk9r0Auv7qZIM:&tbnh=130&tbnw=98&prev=/images%3Fq%3Dzig%2Bziglar%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26sa%3DG%26um%3D1http://images.google.com/imgres?imgurl=http://www.whoiswaseemmirza.com/images/Zig_Ziglar_HR.22310626_std.jpg&imgrefurl=http://www.whoiswaseemmirza.com/MyIncomeStreams.htm&usg=__Hq0Y6o8sxPtRfhLH-kAoW4c46xo=&h=500&w=375&sz=25&hl=en&start=1&um=1&tbnid=Whk9r0Auv7qZIM:&tbnh=130&tbnw=98&prev=/images%3Fq%3Dzig%2Bziglar%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26sa%3DG%26um%3D1

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Fundamentals ofManagement

The Class your future!

Transformation

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Alan Fine Fourth generation Minnesotan

Faculty member in Strategic Management and Entrepreneurship Leadership coach, business strategist

Entrepreneur

Published author

Past experience includes

Investment banker: Minneapolis and Chicago

Chief Financial Officer/Chief Information Officer, Manufacturing Company Public Accountant

Management Consultant

Functional leadership experience in business in finance, operations, marketing, humanresources and information systems

Founding Director of the Undergraduate Entrepreneurship Program at the Carlson School ofManagement

Taught over 160 course sections at the Carlson School of Management over the past 20 yearsacross three departments (over 8,000 students).

Taught Management 3001 more than 30 times

University of Minnesota graduate

Economics

Masters in Business Administration from the Carlson School

Past certifications include CPA, and Investment Banking series 7, 24, 28 and 63

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Class Structure

The course is divided into six primary areas of exploration ineffective management:

1. The management concept, the evolution of management theory,and global management

2. Strategic management: Planning, culture and decision making

3. Operational management: Organizing and managingproductivity

4. The soft subjects of leadership: Leadership, communication,

negotiation, networking, motivation, managing teams andorganizational behavior

5. Ethics and social responsibility

6. Concepts in enabling organizations to innovate and change

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Text

Daft, Marcic, Understanding Management, EighthEdition Also, will introduce innovative concepts from various sources in

addition to what is in the textbook

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Learning

Text

Lecture

Videos Class exercises

Assignments

Tests

Guest lecturers

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Grading

Participation 12.5%

Midterm exams 40%

Final exam (cumulative) 22.5% Assignments 25%

Please read the syllabus carefully!