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AEM1200 1st day - Department of Applied Economics and...

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Unformatted text preview: Department of Applied Economics and Management Management CORNELL UNIVERSITY AEM 1200 INTRODUCTION TO BUSINESS INTRODUCTION MANAGEMENT MANAGEMENT Pedro David Pérez Spring 2009 Department of Applied Economics and Management Management CORNELL UNIVERSITY AEM 1200 INTRODUCTION TO BUSINESS INTRODUCTION MANAGEMENT MANAGEMENT Pedro David Pérez Spring 2009 People People Course Support Specialist Ms. RuthAnn Heath / 103 Warren Hall / 254-1281 [email protected] Teaching Assistants (46 Warren Hall) Michelle Bitman - [email protected] – A – C Michelle [email protected] Alan Christophe - [email protected] – D - He [email protected] Gail Malone - [email protected] – Hi - Li [email protected] Yana Mitelman - [email protected] – Lo - Ph [email protected] Stephanie Palacios - [email protected] – Pi - T [email protected] Nick Zerante - [email protected] – U – Z [email protected] Activities Activities Prof. Perez lectures Guest lectures Distinguished CU faculty; Alumni with relevant business experience; Resources (CALS Career Services Center, Mann Resources Library) Library) TA office hours Exams Optional Project Evaluation Evaluation 1st Prelim: Tuesday February 24th, evening; 100 pts 2nd Prelim: Tuesday March 31st, evening; 100 pts Final exam: Monday May 11th, morning; 100 pts Optional Group Project; 100 pts Groups of three Deadline for commitment: Friday April 10th Deadline for delivery: Monday May 4th, before noon before CALS Career Services Office; 3 pts Possible participation in research projects; 2 pts Participation and attendance viewpoints; 1pt each Extra Credit – Max. 15 pts Extra Max. Grading Options Grading 1. Three exams 1. 1st and 2nd prelim + optional project 1. Three exams + optional project 1. NOTE: Drops lowest grade. Why Study Business Management? Why “Modern bureaucracy depends on a particular social Modern structure: a citizen must not be able to survive on his or her own, but has to work for someone else.” (Charles or Perrow, “Complex Organizations”, NY:Random House, 1986, p. 49) Perrow, 85% of U.S. working people work for someone else; Principles of bureaucratic organization Specialization Formalization Hierarchy AEM1200 strives to empower students by exposing AEM1200 and explaining a wide range of business management concepts, skills and activities. concepts, Objective of the course Business Management, as of Now, has a “Bad Name” “Bad CORPORATION (n) - An ingenious device for CORPORATION obtaining individual profit without individual responsibility. responsibility. Ambrose Bierce, 1911 Greed and Fear Irresponsibility and Deceit Irresponsibility When you do not remember principles: The Management Cycle The Planning Starbucks Citigroup General Motors Citigroup Organizing Leading Controlling Taking risks, or passing risks? Taking Why do McDonalds and WalMart prosper? Why “It is better to sell painkillers than to sell vitamins.” Brad Treat, JGSM ’02, SightSpeed, Mezmeriz Focus on providing real perceived value to final Focus customers customers McDonalds from “being the world’s best quick-service McDonalds restaurant” to “our customers’ favorite place and way to eat;” Tight relationship with customers Tight “Everyday interactions” Behaving Professionally Create and manage your own Create filing system filing (pg. P-5 – P-9) (pg. Making a good first Making impression impression Focusing on good grooming Being on time Practicing considerate Practicing behavior behavior Practicing good “netiquette” Practicing good cell phone Practicing manners manners Being prepared Computer based Hardcopies Personal documents: Building your Personal resume and C.V. resume Read and otherwise collect Read information information Business press: WSJ, Business Week, Business Financial Times, NYT, your own local newspaper; newspaper; Business programming: MSNBC, Business Nightly Business Report (PBS) Nightly Internet!!! Attend lectures and seminars in your Attend university and community. university Network, network, network Time Management (pg. P-12) (pg. Know what you have to do Keep a “to do” list Prepare a daily schedule Prepare weekly and monthly schedules Space out your work Defend you study time Never let a day pass without some achievement Write weekly goals for yourself Prepare for the next day the night before Take time for fun Patiently accumulate successes Motivate yourself The skills that make a person employable are not so much the ones needed on the job as the ones needed to get the job, skills like the ability to find a job opening, complete an application, prepare the resume, and survive and interview. and Occupational Outlook Quarterly U.S. Department of Labor Take-Aways Take-Aways Business knowledge is a critical professional tool; Understanding/avoiding wage slavery; Understanding and applying fundamental principles; Taking rational and responsible risks; Valuing the “service orientation.” Business knowledge can be divided into: Knowledge of business concepts and activities; Knowledge of business culture, appropriate behavior Knowledge and appropriate personal management skills; and Knowledge of job searching, job getting and job keeping Knowledge techniques. techniques. ...
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