Annexure ‘CD – 01’

FORMAT FOR COURSE CURRICULUM

L T P/S SW/FW No. of TOTAL

PSDA CREDIT
Course Title: MANAGEMENT IN ACTION-SOCIAL, ECONOMIC AND ETHICAL ISSUES UNITS
Credit Units: 04 3 0 0 2 4 4

Course Level: PG Course Code: MGMT 705

Course Objectives:

 Bring students closer to reality by developing their understanding of the professional prerequisites to practice of management in terms of required skills and attitude to
respond proactively to rapid discontinuous change in business environment.
 Develop students the attributes of a consultant.
 Develop not theoreticians but practitioners who are expected to sense the ongoing conflict between environmental change and internal desire of management for
stability.
 Developing a responsible attitude towards ethical practices and Social responsibility towards the stakeholders

Pre-requisites:
Interest to learn concepts of consultancy and appreciate the importance of ethics in business

Course Contents/Syllabus:
Weightage (%)
Module I INTRODUCTION 15%
Descriptors/Topics
Modern Management Practices and Issues Involved, Outsourcing Management Services and Evolution of Management
Consultancy, Skills-set required for Management Consultants. Consulting and performance counseling.

Module II 15%
The Process of Management Consulting

Descriptors/Topics
Consulting Proposals. Identification and Definition of Problem, Fact-Finding Leading to Solution Development and
 Implementation, Developing Strategic and Tactical Plans and Subcontracting, Pricing of Consultancy, Acquiring and Developing
Talents for Consulting.

Module III 15%

In-house Management versus Management Outsourced

Descriptors/Topics
Why a Sense of Skepticism and Unease Towards Management Consultants. Cost versus Value of Advice, Separating Consulting
Success from Consulting, Disaster. Some Revealing Situations.

Module IV 15%
Cross Cultural Management Systems and Processes

Descriptors/Topics
Types of organizational culture, Strength of organizational culture, Function of organizational culture, Importance of culture to the
organization, Cultural Models, Cross- Cultural Perspectives, Geert Hofstede and Cross- Cultural Issues

Module V 20%
Economic and Social Issues in Management

Descriptors/Topics

Adaptation to Changing Environment in General and Economic Environment in Particular, Economic Growth and Change Areas,
Emerging Opportunities in Various Sectors including Social Sector, Management Practice and Cultural Issues, The global Political
Situation, The Global Competitive Environment and the internal scene in India, War Game.

Module VI 20%
Ethical Issues in Management

Business ethics –concepts. Managing ethics in organization, Ethical dilemma of decision making. CSR- Conceptual
bases, Socially responsible leadership and CSR’ role in corporate governance.

Course Learning Outcomes: On completion of this course

 The student would be able to understand the basics of consultancy.
 The student would learn attributes required in a consultant.
 The student would be required to understand the Cross Cultural issues prevalent in an organization.
  The students would be apprised of the various environmental issues and their impact.
 The students would understand the nature and importance of ethics in business.

Pedagogy for Course Delivery: The course will be taught using case studies and digital resources, with assigning individual project assignment and research
paper.

List of Professional Skill Development Activities (PSDA):

PSDA 1: Identifying the management related issues in organization and developing a consulting proposal for the same.
PSDA 2: Identification of various factors required for making a project In-House vs Out sourcing it.
PSDA3: Study of impact change management on the culture of the organization.
PSDA 4: Study ethical issues and practices in an organization.

Assessment/ Examination Scheme:

Theory L/T (%) Lab/Practical/Studio (%)

100%

Theory Assessment (L&T):

Continuous Assessment/Internal Assessment End Term
(____ %) Examination
(__50_%)
Components (Drop Home Case study Report Writing Viva Class Test Attendance End Term Exam
down) Assignment

Linkage of PSDA - Yes Yes Yes -

with Internal
Assessment
Component, if any
Weightage (%) 10 10 10 5 10 5 50
Text Reading:
References:

 Parekh, Deepak S, (1999), The Real Meaning of Corporate Governance, Indian Management.
 Cogner, Jay A, David Finegold and Edward E Lawler III, (1998), Appraising Boardroom Performance, Harvard Business Review.
 Kumar Mangalam (1999) ,Birla Committee Report on Corporate Governance – Legislation alone is not Enough, Activating Adult Committees. Shareholder –
Friendly Steps, The Hindu,
 Sodarn, Kailash, (1999), Transparency in Corporate Governance, Indian Management, Vol. 38, No.10.

Any other Study Material:

 Referring to the Articles and research of Mickinsey, BCG, Deolitte
 CSR Wire: The corporate social Responsibility Newswire
 SEBI website for CSR

Mapping Continuous Evaluationcomponents/PSDA with CLOs

Bloom’s Level > Examine Understand Integrate Analysing Appraise

Course CLO1 CLO2 CLO CLO4 CLO5
Learning 3
Outcomes

Assessment
type/PSDA
Home   
assignment
Case Study  
Research Paper 
Viva    
Class 
Attendance