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Management in Economic Practice II

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code545-0179/01
Number of ECTS Credits Allocated6 ECTS credits
Type of Course Unit *Compulsory
Level of Course Unit *Second Cycle
Year of Study *First Year
Semester when the Course Unit is deliveredSummer Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
VAN74doc. Ing. Michal Vaněk, Ph.D.
Summary
The subject next develops basic knowledge and skills in management. The subject focuses on top management and corporate governance. The core of the subject is management business, production and work processes. Students are also focus on strategic and crisis management of industrial enterprise and specifics in mining and processing of raw material. The exercise deals with a project in which students learn teamwork and communication skills.
Learning Outcomes of the Course Unit
The student obtains next deeply and extensive knowledge of management. Student will be able to describe and characterize strategic level of management of enterprise including also system of corporate governance. Student will know to apply principle of corporate governance and strategic management on enterprise in raw materials industry. Student will be able to identify, visualize, evaluate and improve business, production and work processes in the field of mining and processing of minerals. The student will be able to classify the individual components of the process and determine their optimal duration.
Course Contents
1. Corporate governance – essentials terms and approaches
2. Boards of directors
3. Basic models of corporate governance, documentary of corporate governance
4. Concentration of business activity
5. Essentials of strategic management
6. Essentials strategic documentary – mission, vision, strategic objectives
7. Strategic analyses of enterprise environment, PEST analysis
8. Analysis of competition of brunch - Porter´s analysis, analysis of portfolio – matrix BCG
9. SWOT analysis, matrix TOWS
10. Strategic alternatives for industrial enterprise
11. Implementation strategy in industrials enterprise
12. Strategic control and audit
13. Process management and production management
Recommended or Required Reading
Required Reading:
AADAMS, Robin G. Modern management in the global mining industry. Bingley: Emerald Publishing, 2019. ISBN 978-1-78973-788-2.
MADISON, Dan. Process mapping, process improvement, and process management: a practical guide for enhancing work and information flow. Chico: Paton Press, c2005. ISBN 1-932828-04-4.
ROTHAERMEL, Frank T. Strategic management. Fourth edition. New York: McGraw-Hill Education, [2019]. ISBN 978-1-260-09237-0.
MALLIN, Chris A. Corporate governance. Fifth edition. Oxford: Oxford University Press. ISBN 978-0-19871802-4.
KLÍROVÁ, Jana. Corporate governance: správa a řízení obchodních společností. Praha: Management Press, 2001. ISBN 80-7261-052-X.
VÁCHAL, Jan a Marek VOCHOZKA. Podnikové řízení. Praha: Grada Publishing, 2013. ISBN 978-80-247-4642-5.
LHOTSKÝ, Jan. Strategický management: jak zajistit budoucí úspěch podniku. [Česko: J. Lhotský], 2010. ISBN 978-80-254-8182-0.
ADAMS, Robin G. Modern management in the global mining industry. Bingley: Emerald Publishing, 2019. ISBN 978-1-78973-788-2.
Recommended Reading:
HOLMES, Andrew. Risk management. Oxford: Capstone Publishing, 2002. 122s. ISBN 1-84112-341-2.
WARHURST, Alyson a Ligia NORONHA. Environmental policy in mining: corporate strategy and planning for closure. Boca Raton: Lewis Publishers, c2000. ISBN 1-56670-365-4.
SLACK, Nigel a Alistair BRANDON-JONES. Essentials of operations management. Second edition. Harlow: Pearson, 2018. ISBN 978-1-292-23884-5.
CERTO, Samuel C. Modern management: adding digital focus. 9th ed. Upper Saddle River: Prentice Hall. ISBN 0-13-067089-8.
HITT, Michael A., R. Duane IRELAND a Robert E. HOSKISSON. Strategic management: competitiveness & globalization : concepts and cases. 12e. Boston: Cengage Learning. ISBN 978-1-305-50214-7.
HUČKA, Miroslav, Milan MALÝ a František OKRUHLICA. Správa společností. Praha: Kernberg Publishing, 2007. ISBN 978-80-903962-0-3.
ŘEPA, Václav. Podnikové procesy: procesní řízení a modelování. Praha: Grada, 2007. ISBN 978-80-247-6722-2.
KEŘKOVSKÝ, Miloslav a Oldřich VYKYPĚL. Strategické řízení: teorie pro praxi. 2. vyd. V Praze: C.H. Beck, 2006. ISBN 80-7179-453-8.
HOLMES, Andrew. Risk management. Oxford: Capstone Publishing, 2002. 122s. ISBN 1-84112-341-2.
Planned learning activities and teaching methods
Lectures, Tutorials, Project work
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
Credit and ExaminationCredit and Examination100 (100)51
        CreditCredit30 (30)17
                Semestrální projektSemestral project30 17
        ExaminationExamination70 (70)34
                Semestrální projektWritten examination35 17
                Ústní zkouškaOral examination35 17