MANG3065 Information, Organisation and Accountability from a Historical Perspective
• The process of globalisation and international competition looking at the role of companies and markets in the United States, Germany, Japan, the Tiger economies and China. This provides context for developing an analysis of the response from British institutions. • The organisational challenge – from the firm level to governmental response – within the British economy to increasing globalisation and associated restructuring associated with technological change. • The evolution and conceptualisation of business models by business and the associated policy approaches. • This module will also use archival documents to illustrate the decision making process associated with restructuring, financial analysis and strategy.
Aims and Objectives
This module aims to explore the processes behind the development of international business, and the decision making processes associated with the restructuring of economies in the face of competition and technological change. At the end of this module, students will have an awareness of 1. The processes of change within the global economy. 2. How to apply a variety of concepts and techniques to the understanding business and governmental decision making. This will include, but is not limited to, accounting, economics and marketing. 3. How to interpret evidence from a variety of sources – documentary, film, biography and journalism. 4. How to make management theory ‘practical’ by informing the interrogation of archival evidence. Finally the module will encourage students to indulge their intellectual curiosity in understanding how business functions.
Context: Globalisation and International Business: USA Germany & Japan. British de-industrialisation and decline? Approaches to continuity and change: Understanding Business Models, Policy Models and firm ‘ecology;’ within industrial districts. Restructuring British Business in response to global challenges: The following case evidence will be explored I Materials and Aerospace Approaches to restructuring mature industry: example the steel industry – nationalisation to privatisation, competition policy and merger activity. Project management capabilities and the restructuring of aviation: Concorde and the early satellite industry. Managing manufacturing processes and project based businesses II Trade Services and the City of London: Industrial Policy and the Bank of England. Managing service enterprise: insurance, shipping, etc. The evolution of banking and financial services. British trade and investment in the international economy; Management control of banking organisations. De-regulation and the ‘Big Bang’. III Decisions for Restructuring: Competition, merger and acquisition policy; From the firm to the market: shifting organisational solutions, from nationalisation to privatisation. ‘Financialisation’ of decision making. IV The evolution of managerial capabilities: accounting and economic measurement. Understanding technical performance through business and management methods. History as an approach to understanding business change.: Comparing British and American management capabilities as ‘best practice’. Alongside the above core content, the case evidence will use Annual Reports, the trade press and where relevant, internal documents from government/business enterprise.
Learning and Teaching
Teaching and learning methods
Lectures will set out the background and key questions arising from globalisation and the difficulties in adjusting to change. It is proposed to invite two guest lecturers who are archivists to present on document interpretation. This approach is at the heart of the module: how to use primary documentary evidence to understand how individuals in organisations ‘made’ decisions. Evidence from the National Archives will be used to demonstrate how financial and economic information informed decision making and policy in the British economy. This will be used as an exemplar of an economy seeking to restructure from manufacturing to services. Classes will be informed by journal articles and case study material including documents from the relevant archives.
|Preparation for scheduled sessions||116|
|Total study time||150|
Resources & Reading list
K. Middlemas (1983). Industry, Unions and Government: Twenty-One Years of the National Economic Development Office.
L. Hannah (1983). The Rise of the Corporate Economy.
D. C. Kramer (1988). State Capital and Private Enterprise: The Case of the Uk National Enterprise Board.
M.Furner B. & Supple (1990). The State and Economic Knowledge: The American and British Experiences.
D. Hague & G. Wilkinson (1983). The IRC-An Experiment in Industrial Intervention: A History of the Industrial Reorganization Corporation.
Steve Tolliday (1987). Business, Banking, and Politics: The Case of British Steel, 1918-1939.
|Coursework (2000 words)||30%|
|Examination (2 hours)||70%|
|Coursework ( words)||100%|
|Coursework ( words)||100%|
Prerequisites: MANG1001 or MANG2014
Costs associated with this module
Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.
In addition to this, students registered for this module typically also have to pay for:
Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.