MGT2022 Management as a Liberal Art: Toward a Better Society

Common Core Curriculum Office (CCCO) > MGT2022 Management as a Liberal Art: Toward a Better Society
Department
Management
Semester
AY2017/18 Sem 2, AY2018/19 Sem 2, AY2019/20 Sem 2, AY2019/20 Summer Sem, AY2020/21 Sem 2, AY2021/22 Sem 1, AY2021/22 Sem 2, AY2022/23 Sem 1
Method
Lecture 3 hours
Cluster
2 (Social Sciences)

Prerequisite

GEN1000 Perspectives on General Education / Subject to Instructor’s Discretion

Exclusion

Nil

Module Description

Management as a liberal art (MLA) concerns the humanity capacity of organizing and managing complex organizations, which is contributory to the betterment of society. In view of the current state of management, business executives very often focus merely on monetary return and profitability at the expense of such essential social elements as people, values, ethics, cultures, leadership, and social responsibility. In other words, some corporate leaders may have lost the sense of moral values or ethics that they once may have had, and it is now the right time is return to spiritual values to guide the use of power, created by innovation and new knowledge, to serve the highest interests of the society. This module also addresses the links between MLA and power and politics, as well as those between MLA and business ethics, in particular for such issues as marketing ethics and big data ethics. The overall objective of this module is to provide the theory and the practice necessary to create a good background in the practice of management in order to contribute to a better society.

Module Intended Learning Outcomes (MILO)

Upon completion of this module, students should be able to: 
a. Acquire the fundamental theories regarding MLA. 
b. Identify the links between liberal organizations and the betterment of society. 
c. Become innovative and entrepreneurial in managing different types of organizations. 
d. Analyse the links between MLA and politics and business ethics. 
e. Evaluate the social impacts and social responsibilities of organizations.

Module Content

1. LIBERAL ART IN MANAGING ORGANIZATIONS

– The importance of the theory of business
– Work- and task-focused design
– Result- and relation-focused design
– The CEO in the new millennium

2. INNOVATION AND ENTREPRENEURSHIP

– The entrepreneurial business
– The new ventures
– Entrepreneurial strategies
– Systematic innovation using windows of opportunity

3. MANAGING SERVICE INSTITUTIONS

– The growth of public-service institutions
– The lag in performance in public-service institutions
– Entrepreneurship in public-service institutions
– Fundamental changes for public-service institutions

4. POLITICAL PHILOSOPHY AND MLA

– Human liberty and interests of society
– Greed and lust for power and politics
– Checks and balances within organizations
– Separation of power and corporate federalism

5. MARKETING ETHICS AND MLA

– Business ethics and MLA
– MLA from utilitarian and deontic perspectives
– Marketing ethics and 4P’s
– Big data ethics and society

6. SOCIAL IMPACTS AND RESPONSIBILITIES

– Social responsibility flow chart
– Putting people before profits
– Social responsibility versus profits
– Balance in the new pluralism

Assessment Methods

1. Class participation (15%)
2. Test (15%)
3. Group Presentation (30%)
4. Individual Paper (40%)

Texts & References

1. Peter F. Drucker and Joseph A. Maciariello (2008). Management (Revised Edition). New York: HarperCollins.*
2. Joseph A. Maciariello (2004). A year with Peter Drucker. New York: HarperCollins.
3. Peter F. Drucker (2007). Managing in the next society. New York: Routledge.
4. Peter F. Drucker (2011). A functioning society: Community, Society, and Polity in the Twentieth Century. London: Transaction Publishers.
5. Peter F. Drucker (2011). Technology, management, and society. Boston: Harvard Business Press.
6. Peter F. Drucker (2015). Innovation and entrepreneurship. New York: Routledge.
7. DesJardins, J. (2014). An Introduction to Business Ethics (5E). Boston: McGraw-Hill.
8. MacKinnon, B., & Fiala, A. (2015). Ethics: Theory and Contemporary Issues (8E). UK: Cengage Learning.
9. Sher, G. (Ed.) (2012). Ethics: Essential readings in moral theory. New York: Routledge.
10. Angle, S. C. (2002). Human Rights and Chinese Thought: A Cross-cultural Inquiry. New York: Cambridge University Press.