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Enterprise Management

Course developer

Prior knowledge

Ekon5134, National and Regional Economy

Ekon6034, Mathematical Statistics

VadZ5055, Business Planning and Controlling

VadZ5070, Human Resource Management

VadZ5079, Knowledge Management and Innovations

VadZ6009, Finance and Investment Management

Course abstract

A professional traineeship is intended to consolidate the theoretical knowledge acquired and build up competences relevant to the programme. It involves the examination of management functions of an enterprise/organization. Students learn in detail the practical methods of management that are applied at enterprises and organizations representing various industries. The theoretical knowledge acquired during the studies is reinforced during the traineeship in order to acquire professional and soft skills and competences in the management of an enterprise/organization.

Learning outcomes and their assessment

Knowledge
1. Students will be able to demonstrate an in-depth and integrated knowledge of use of theoretical aspects of management in practical business management and management processes in enterprises and organizations of various industries of the national economy - practical training report, a reference of the work placement supervisor, the presentation of the report
Professional skills
1. Independently analyse management processes and functions at the work placement organisation and associate them with theory - practical training report and the defence of the report
2. Analyse, compare and assess various management processes at enterprises and organizations and identify opportunities for enhancement - practical training report, a reference of the work placement supervisor, the presentation of the report
Soft skills
1. Responsibly plan and complete the assignments given within the deadlines set and at high quality- reference of the work placement supervisor, compliance with the schedule
2. Reasonably discuss observations, conclusions and proposals- defence of the practical training report
3. Work in a team and perform the tasks assigned - reference of the work placement supervisor
Competence
1. Understand, comprehend, independently assess, explain and innovatively apply the acquired theoretical knowledge and practical skills in managing enterprises and organizations in various industries of the national economy and take part in this process- practical training report, a reference of the work placement supervisor, the presentation of the report

2. Solve complicated problems in management of enterprises/organizations and come up with innovative solutions to the problems- practical training report, the defence of the report, a reference of the work placement supervisor

Course Content(Calendar)

1. Introduce with the company and the traineeship tasks which will be be performed in the company / organization
2. To describe and identify the position and role of the company in the national economy of Latvia, the EU economy and/or in the global context;
3. To describe and assess the pattern of management in the company (institution/organisation);
4. To examine the application of modern management methods in companies or organisations;
5. To develop proposals for enhancing the management process and the performance of its elements in the particular company/organisation.

6. Prepare a practice report and a presentation of the practice report

Requirements for awarding credit points

The practical training is completed within the specified period, a practical training report is independently produced and successfully defended with the Practical Training Commission at the Institute of Business and Management Science. If the traineeship has not been completed in the required time period, if the traineeship defence has not been taken or has been evaluated with “failed”, it is considered to be an academic debt.

Description of the organization and tasks of students’ independent work

Within the framework of the study course description for independent work is given 240 hours, which consists of: 1) internship in a company / organization; 2) preparation of the internship report in accordance with the content of the internship program; 3) preparation of the presentation of the practice report and defence of the practice

Criteria for Evaluating Learning Outcomes

Final assessment of professional practice - test with a mark. The practice is evaluated in a 10-point system. The lowest successful mark is 4 (almost satisfactory). The assessment is made by the internship defence commission on the basis of the content of the internship report, the results of its internship defence and the reference of the internship manager.

Compulsory reading

1. Adner, Ron Skaties plašāk: jauna inovāciju stratēģija / Rons Adners; no angļu valodas tulkoja Signe Skujeniece un Kristaps Šoriņš. Rīga: Jumava, 2013. 270 lpp.
2. Blanchard, Kenneth H., Efektīvas vadības noslēpumi / Kenets Blančards, Spensers Džonsons; no angļu valodas tulkojusi Linda Deičmane. Rīga: Zvaigzne ABC, [2009] 117 lpp.
3. Burnes, Bernard, Managing change: a strategic approach to organisational dynamics / Bernard Burnes. 4th edition. Harlow, England: Financial Times/Prentice Hall, 2004. 623 p.
4. Caune, Jānis, Stratēģiskā vadīšana: funkcionālā, biznesa un korporatīvā līmeņa stratēģija / Jānis Caune, Andrejs Dzedons. Rīga: Balta eko, 2004. 120 lpp.
5. Dāvidsone, Gitāna, Organizāciju efektivitātes modelis / Gitāna Dāvidsone. Rīga: Organization Development Academy, 2008. 328 lpp.
6. Adkins Lyssa. Coaching Agile Teams: A Companion for ScrumMasters, Agile Coaches, and Project Managers in Transition (Addison-Wesley Signature Series (Cohn)). Addison-Wesley Professional; 1 edition (May 28, 2010), 352 pages, ISBN-10: 0321637704, ISBN-13: 978-0321.
7. de Bono Edward. Six Thinking Hats. Back Bay Books; 2 edition (August 18, 1999), 192 pages, ISBN-10: 9780316178310, ISBN-13: 978-0316178310, ASIN: 0316178314.

8. Levin G., Wyzalek J. (eds) Portfolio Management: A Strategic Approach. – Boca Raton, FL: CRC Press John, 2015. – p. 360. (e-grāmata)

Further reading

1. Anderson, David R. Quantitative methods for business / David R. Anderson, Dennis J. Sweeney, Thomas A. Williams. 5th ed. St. Paul, (MN) . West, 1992. 851 p.
2. Baye, Michael R., Managerial economics and business strategy / Michael R. Baye. 6th ed. Boston: McGraw-Hill/Irwin, 2009. 623 p.
3. De Young, John Edward. Cases in small business management: a strategic problems approach / John Edward de Young. 2nd ed. New York ...: Macmillan, 1991. 248 p.
4. Handbook of organizational routines / edited by Markus C. Becker. Cheltenham, UK ;Northampton, MA : Edward Elgar, 2008. 343 p.
5. Handbook of organization development / Thomas G. Cummings, editor. Los Angeles ... [etc.] : Sage Publications, 2008. 720 p.
6. Dagnino G.B., Cinici M.C. Research Metfods for Strategic Management: a Research Methods Handbook. – New York: Routledge, 2016. – p. 377
7. Kasahara E. Practical Strategic management: how to Apply Strategic Thinking in Business. – New Jersey: World Scientific Publishing, 2015. – p. 139

8. Hopkin P., Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Risk Management. Fifth edition. – London: Kogan Page, 2018. – p. 453

Periodicals and other sources

1. British journal of management. 1 (1989)- Oxford (UK) ;Malden : Blackwell Publishing, 1989- sēj. No 2007.g. LLU bibliotēkā pieejams tikai elektroniski EBSCO datu bāzē.
2. European Management Review: Online ISSN:1740-4762 datubāze John Wiley & Sons
3. Journal of Management Studies Online ISSN:1467-6486 datubāze John Wiley & Sons
4. Dienas Bizness : nedēļas laikraksts: ISSN 1407-2041

5. Forbes. "SK Media" SIA. Forbes. Rīga : ISSN 1691-6018

Notes

Compulsory course for the ESAF Professional Master's Degree Program Business Management