The University for world-class professionals Business Environment & Operations Week 1 W/C 30/9/2013 Fiona McEwen

The University for world-class professionals Elective….

The University for world-class professionals Facts & Figures ‘Despite the ongoing economic turbulence in the British economy, CIMA’s members and students are in demand’ (Tilley,2012- CEO CIMA) In 2012, qualified CIMA members in the UK are earning on average £53,309 in basic salary plus £5,125 in bonus payments, totalling £58,434 per annum. Part qualified students in the UK are earning on average £31,432 in basic salary plus £1,512 in bonus payments, totalling £32,944. ……This compares with a current average national UK salary figure of £28,236.1

The University for world-class professionals Business Environment & Operations Uses ‘The Accountant in Management’ as a platform Application of theory learnt Gains CIMA E2 Exemption Assessment 40% Project Exam 60% 3 hour written paper

The University for world-class professionals Lesson structures 2 hour lecture/seminar & discussion 1 hour tutorial / group meetings Lecture – building on prior learning Tutorials – working on assessment sept-dec Tutorials – exam practice questions Jan – apr Assessment group project hand in w/c 16 th Dec

The University for world-class professionals BEO Content Project Management – Discuss tools and techniques of project management and evaluate the relationship of the project manager to the external environment Links with ‘live’ project assessment Salford city council ‘wuu2’

The University for world-class professionals BEO Content environments and key external characteristics of these environments….Pest, 5 forces Critically discusses developments in strategic management…leadership

The University for world-class professionals BEO Content Discusses concepts associated with the effective operation of an organisation and the activities associated with management people and their associated techniques Management controls…groups, teams

The University for world-class professionals Term 1 Project Management Building on prior project management knowledge Applying skills to ‘real’ project –’wuu2’ Working on group assignment Tutorials form group meetings Assessment deadline – presentations w/c 16 th Dec

The University for world-class professionals Term 2 Strategic Management & assessing the Competitive environment Including strategic options, theories, tools Porter, Mintzberg, PEST, stakeholders International strategies, emerging strategies and the global business environment Ethical strategies Management, Leadership & Relationships in the working environment Including Management styles, culture, organisation structures. Management controls Communication & negotiation skills

The University for world-class professionals True or False?.... Fedex keeps empty planes in the sky? The prefix ‘giga’ means a million? In Japan you are allowed to fall asleep on the job….it shows you are working hard?

The University for world-class professionals True or False?.... Neil Armstrong, the first man on the moon, started his career as an auditor? John Grisham, famous author, has a degree in accounting? Bubble gum was invented by an accountant in 1928 JK Rowling is a fully qualified CIMA Accountant?

The University for world-class professionals Underpinning Definitions Business refers to any type of economic activity in which goods or services are supplied in exchange for some payment, usually money International business refers to business activities that straddle two or more countries Businesses are created by people Not for profit organisations exist for the purpose of promoting good causes, rather than making profit Market a location where exchange transactions take place either with formal standing or informality Emerging economies fast growing developing countries

The University for world-class professionals BBC News BBC

The University for world-class professionals Activity ‘The rise of the social web sees Facebook soar in popularity’ (Morrison,2011) The founding father of the internet, Tim Berners-Lee, has said, ‘the web does not just connect machines, it connects people’ (Berners- Lee,2008)

The University for world-class professionals Facebook users worldwide

The University for world-class professionals Activity Why has facebook grown so rapidly and become an international force so quickly? What are the risks to the continued success of Facebook? What are the impacts of social networking for business?

The University for world-class professionals Assessment brief

The University for world-class professionals To Do… Books from library Read material on moodle Prepare for Fridays tutorial