BUSM 4547 Management in Practice (MIP) Assignment Sample SIM,SG

 A successful business leader is one who can motivate his team to work efficiently and follows the best management practices.

BUSM 4547 Management in practice (MIP) assignment is the most important part of any management course that is given as a compulsory assessment to Singaporean students.

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What does management practices refer to?

Management practices refer to innovations and working methods required by managers for effectively working of systems. It includes the introduction of new technology, schemes for quality improvement and training of staff.

8 best practices in management are:

• Engaging workers
• Reward and recognition
• The vulnerability of team dynamics
• Commitment and trust between teams
• Clarity of organizations strategic goals, values, Vision and Mission
• Creation of cultural cohesiveness
• Realignment and reassessment of team goals
• Regular meeting and feedback

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Description of management in practice (MIP) course

Management practice MIP is a course designed for managers, staff members and practitioners who want to develop skills and knowledge required for efficient management of everyday practices within organizations.

The brief outline of the MIT course is as follows 

1.Principles of management

• Defining management; its need and value in the organization
• How managers are affected by environmental change
• Managerial ethics and social responsibility

2.Strategic management and planning

• Foundations of planning
• Strategic plan components
• Process of decision-making

3.Motivation leadership understanding teams and Groups

• Leadership theories
• Managing and motivating teams
• Managing Innovation and change

4.Organizing human resources

• Managing human resource
• Organization design and structure
• Information technology and communication

5.Coping with change and innovation

• What is Innovation and change; why to engage in it?
• To monitor, modify and measure information
• Global environment management

6.Management today and yesterday

• Examples of Corporate management
• Impact of management in practice globally

Students will get to examine framework of functions and role of Management. Students will learn about techniques, concepts and principles that are essential to carry management functions smoothly in the organization.

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Aim of the MIP course is:

The overall course is designed to provide quite relevant management competencies to participants for their everyday schedule.

Therefore, at the end of the course participants will be able to do the following:

1. Defining the role of managers and need of Management within the organization
2. Effective management of resources.
3. Evaluation of organization structures and strategic plan components
4. Effective development of the team and how to perform employee motivation task
5. Analyzing current organizations trend and their landscapes
6. Planning of human resource and Management
7. Enhancement of various skills, for example, people management skills
8. Finding solutions to the general practice of Management problems
9. Identifying the role of practice managers in managing complaints, conflict and aggression in the practice
10. Analyzing leadership skills required to control finances, system, HR, compliance, IT, health and safety within the organization

Besides studying this course students will get some extra assignments to be done that includes group-based assignment (GBA) and tutor-marked assignments (TMA). If students wish to secure good grades then these assignments are to be submitted within specified deadline by the University which becomes hectic for students. These assignments carry up to 40% wastage in the final exam marks.

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