Corporate Governance

11M2244

Master

German

5.0

only summer term

1 semester

In most manufacturing companies, engineers also occupy management positions. The module serves to teach students the basics of leadership both at the organizational level, i.e. the company itself, and in relation to the leadership of people, i.e. the behavioural level.

The aim is for students to understand the particular importance of sustainable and responsible management for society and the environment and to be given the tools to transfer this responsibility in their later work as managers.

1. Basics of corporate management

• Terms, history, trends
• Importance of companies in the economy
• Levels of corporate management (normative, strategic, operational)

2. Normative corporate management

• Mission, vision
• Function
• Values

3. Strategic management

• Tools for developing, implementing and monitoring the corporate strategy
  (e.g. scenario management, strategy roadmap, balance scorecard)
• Opportunity and risk management
• Resilience

4. Business ethics, sustainability and corporate governance

• Principles of sustainable corporate governance
• Legal and ethical standards of corporate governance
  (German Corporate Governance Code, compliance management, corporate ethics responsibility, corporate social responsibility)

5. International management

• Megatrends and the risks and opportunities for companies in a globally networked world

6. Advanced accounting and financing

• Management Accounting
• Corporate Finance

7. Leadership and communication

• Fundamentals of leadership
• Team leadership
• Change Management
• Basics of communication
• Negotiations

The total workload for the module is 150 hours (see also "ECTS credit points and grading").

• Project Report, written

Basic knowledge of general management and business administration, e.g. as taught in the Bachelor's module "Management and Sustainability".

Students who would like to refresh their knowledge and skills before starting the module are recommended to read the following basic literature:

• Hachtel, G.; Holzbaur, U.: Management für Ingenieure. Vieweg-Teubner, 1st edition, 2010
  Gonschorek, T. (ed.): Betriebswirtschaftslehre für Ingenieure : Lehr- und Praxisbuch. Hanser. 7th edition, 2022

Students differentiate between the tasks of the various management levels and describe the underlying concepts of corporate and personnel leadership in the context of corporate responsibility and the challenges of a global economy.

Students relate the concepts they have learned to each other and integrate them into a holistic, sustainable approach to modern corporate management.

Students justify the suitability of various tools for the tasks of corporate management. They interpret their results and reflect on them critically.

Students can adapt and apply the concepts and methods of business management they have learned to specific problems. They analyze given starting situations in relation to entrepreneurial challenges and design corporate strategies and plans for their implementation.

Students analyze general current challenges in the economy, work out the specific problems for companies and develop alternative solutions.

Students reflect on the effects of entrepreneurial activities on the social and physical environment and take these into account when designing solutions and plans.

They communicate results in a target group-oriented manner both to the management functions of a company and to external stakeholders.

Students question their self-image as a potential leader and reflect on the effects of their personal leadership behavior on an economic, ecological and social level.

• Pusch, Rainer

• Pusch, Rainer