This course is designed for students of all backgrounds who have an interest in how firms are governed, the forces that have helped define modern management practice, and the outcomes of that practice not only for the firm itself, but also for the societies in which they operate. For students who are thinking of a career in management, it may also prove useful as a basic introduction to some of the conceptual vocabulary and ideas behind modern theories of management.
Critical Perspectives on Management
Critical Perspectives on Management
Instructor: Rolf Strom-Olsen
14,347 already enrolled
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Gain insight into a topic and learn the fundamentals.
4.8
(310 reviews)
Beginner level
No prior experience required
Flexible schedule
Approx. 17 hours
Learn at your own pace
93%
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Assessments
18 assignments
Taught in English
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There are 6 modules in this course
In Ancient Rome, merchant organisations very similar to modern firms were critical to capitalising key markets and to solving serious logistical problems to enable a vibrant trading network across the Mediterranean, including, critically, supplying the city of Rome itself with the food its citizens needed to survive. We will examine the Roman grain market and the organisations that operated within that market to ask: what, exactly, is a firm? What led to the firm's evolution? And what is the issue of agency that a firm inevitably entails?
What's included
6 videos3 readings5 assignments
This lecture expands upon the first discussion, drawing from the insights gained about firm organisation in the Ancient world to ask about the effectiveness of the Forced Distribution Ranking Scheme (also known as "stack and rank", "up and out", etc...) to evaluate and promote or terminate employees, widely used by many of today's leading corporations.
What's included
4 videos1 reading4 assignments
We live in the innovation economy. Firms have chief innovation officers. Innovation is, so we are told, the key to securing the future. And there are quite literally millions of books on the subject of innovation. So, what does it mean? And is it a useful idea for management? We'll consider both questions.
What's included
5 videos1 reading4 assignments
What do Hollywood movies, the Synoptic gospels, housing bubbles, Alan Greenspan's monetary policy, and the world's worst merger have in common? This week's lecture will develop a reading of narrative in order to explore a common pitfall that affects many managerial decisions.
What's included
9 videos1 reading2 assignments
Perhaps the most important lecture of the course. Almost all publicly traded firms are beholden, either explicitly or implicitly, to the principle of creating shareholder value. This week, we look at the history of this idea, how it has become widespread as a principle of corporate governance and how it has changed fundamentally the nature of the firm over the last 40 years. We will look at who the shareholders are, where their interests lie and what they have gained from this development. We will consider the wider and long-term consequences both for the firm and society. And we will ask - is this the kind of capitalism we really want?
What's included
6 videos1 reading1 assignment
We look at the examples of two companies whose experiences encapsulate many of the core ideas of the course. The first is Apple, which, in the context of reporting their quarterly earnings in the Spring of 2013, committed an unprecedented amount of its capital reserves to a share repurchase scheme and dividend increase. We will look at the motivation and logic for this move. The second is Nokia (which has subsequently sold off its mobile phone business to Microsoft). We will look at how the company rose - and then dramatically fell - from its position as market leader in mobile communications.
What's included
7 videos1 reading2 assignments
Instructor
Instructor ratings
5.0 (27 ratings)Offered by
Recommended if you're interested in Leadership and Management
O.P. Jindal Global University
Fundação Instituto de Administração
University of California, Irvine
University of Pennsylvania
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Learner reviews
4.8
310 reviews
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Showing 3 of 310
KL
4
Reviewed on Nov 27, 2016
The class was wonderfully informative, but would have been better if it offered graded tests without the paid version. Since the answers are multiple choice I thought it was strange that it did not.
KC
5
Reviewed on Mar 21, 2016
Applied management analysis, demonstrably relevant, with great case study examples presented with enthusiasm and interest.
SS
4
Reviewed on Jun 22, 2017
The ideas exchanged in this course are very relatable and applicable to virtually any industry.
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