Course detail
Organizational Development and Growth of Company
FP-BODGEAcad. year: 2018/2019
Every year is established a huge number of new companies, but nevertheless 80% of them live to the fifth year of life. Managing growth and business development is therefore a challenging but important task for every small business to grow or maintain market competitiveness. The content of the lesson therefore offers a comprehensive view of organizational development and growth of established companies from the point of view of the context, process and nature of organizations' development efforts.
The content of the course is also focused on the diagnostics of data, information and their evaluation, the choice and decision in the form of specific interventions, the use of selected management procedures and techniques, the growth management for the fulfillment of strategic (developmental) and tactical goals of the organization.
Guarantor
Department
Learning outcomes of the course unit
Skills - the student acquires and processes relevant information from the organization's environment, evaluates the potential of enterprise development and cooperation with partners and investors in the environment, develops potential directions of company development and develops them into concrete interventions and connects them to company goals, justifies approaches to problem solving, processes action plans to implement business activities, constructively contributes to problem solving and decision making, conducts discussion to solve the problem, find solutions, efficiently uses teamwork, and applies management and leadership principles.
Competence - the student comprehensively assesses the development potential of the company, it is able to identify the problems and challenges related to managing the development and growth of its company, it diagnoses the current functioning of the company by collecting and analyzing diagnostic information to assess the functioning of the organization, decides and chooses appropriate interventions based on the feedback of the diagnostics of information, selects and implements the best interventions for change in order to improve its performance and efficiency, proposes actions, actions and activities including their implementation, is able to manage the development of business activities at all stages of enterprise development, interprets the results of diagnostic data and information using appropriate analyzes for evaluating the situation in the environment, evaluating the impacts of development interventions, creating and developing a team for solving a complex project.
Prerequisites
The central theme is the consistent and thoughtful mix of actions and activities at different levels of organization, it is essential that students have basic knowledge of management and other related areas such as human resources, marketing and finance.
An important part of the organization development process is the diagnosis of data both within the company and the position of the firm on the market, and it is therefore necessary for the students to have the knowledge and skills in the processing of statistical data.
Co-requisites
Recommended optional programme components
Literature
Cummings Thomas and Worley Christopher. Organization Development and Change. 10th edition. Cengage Learning. 2014. 832 p. ISBN 1305143035. (EN)
Flamholtz, E. G., Randle, Y. Growing Pains: Building Sustainably Successful Organizations. 5th edition. John Wiley & Sons. 2007. 400 p. ISBN 1118916425. (EN)
Davidsson, P. Delmar, F. Wiklund, J. Entrepreneurship and the Growth of Firms. Edward Elgar Publishing. 2006. 226 p. ISBN 1781009945. (EN)
Flamholtz, E. Randle, Y. Leading Strategic Change: Bridging Theory and Practice. Cambridge University Press. 2008. ISBN 1139471775. (EN)
Yaeger, T. F. Sorensen, P. F. Strategic Organization Development: Managing Change for Success. IAP, 2009. 309 p. ISBN 9781607522119. (EN)
Burke, Warner W. Lake, Dale G. Paine, Jill W. Organizational Change: A comprehensive Reader. John Wiley & Sons, 2008. 1016 p. ISBN 0470260564. (EN)
Planned learning activities and teaching methods
Exercise lessons take the form of individual and team solutions, including team discussions that represent group interaction. Exercise lessons require teamwork and team discussions with teachers and other members that will take place on the exercises every week. Participating in team discussions and case studies will deepen understanding of organizational growth issues for small businesses. The students acquire the necessary skills and competences in the form of communication at the level of the owner and manager of the small enterprise, communication in the team in solving complex projects. The students train the ability to solve problems and challenges, critically analyze and evaluate specific approaches and apply them in the context of their own business activities, articulate and present their ideas.
Assesment methods and criteria linked to learning outcomes
The case studies design (20%) - will take the form of elaboration and discussion of selected small business case studies for the weekly exercises. Individual participation in discussions and case studies is a must and necessary part of gaining a deeper understanding of organizational development and growth management of small businesses.
Team semester project (40%) - will be realized through team report processing and presentation by all team members, which will be held in two selected dates in the last two weeks of the exercise. Participation in the elaboration and presentation of the team project is obligatory and necessary for gaining practical experience, application and implementation of interventions in their own business activities.
Written test/exam (40%) - the final exam will be a comprehensive exam including literature and lecture materials. The final exam will consist of five closed and two open questions. A written test is an obligatory part of the exam and course completion.
Language of instruction
Work placements
Course curriculum
2. Week lecture -Internal context as a stimulus for further development and growth, internal vs. external orientation, life-style and growth-oriented SME.
3 Week Lecture - Lifecycles and Organizational Development Models of Small Businesses, Recognition of Firm Growth Pain, Pyramid of Organizational Development.
4. Week Lecture - OD Process (Part 1): Entry Process and Contract Making, Open System Model, Organizational Diagnostics, Team / Group Diagnostics and Employee Work.
5. Week Lecture - OD Process (2nd part): Collection, analysis and feedback of information diagnostics, intervention interventions, interventions and their effectiveness.
6. Week Lecture - OD Process (3rd part): Management and Change Management, Evaluation and Institutionalization of Change.
7. Week lecture - Interventions in human processes and organizational process intervention.
8. Week lecture - Techno-structural interventions, basic principles of organization, types of organizational structures, employee involvement, working suggestions.
9. Week lecture - Interventions in Human Resource Management, Performance Management, Talent Development, Managing Diversity of Workforce and Employee Welfare.
10. Week lecture - Strategic change interventions, transformational changes, organizational design, integrated strategic change, continuous change, dynamic strategy creation, self-designing, learning organization.
11. Week lecture -Transorganization changes: strategic alliances and network interventions, mergers, acquisitions. Building global and international companies, innovators, climbers, price and quality providers.
12. Week lecture - Measurement of growth and development in small firms, financial capital and sources of financing growth at different stages of the life cycle, business angels, venture capital, IPO.
13. Week - Written examination
1. Exercise - General introduction, conditions assessments,Team project, Evaluation own goals and motivation in business, Conflicts between company owners and ownership concentration.
2. Exercise - Internal context as stimulus for development and growth, The CEO aspiration and motivation, Case study 1 : Selena Group: "Internationalizing through Multilocality".
3. Exercise - Environmental circumstance and uncertainty, Case study 2 : "Pipistrel: The Freedom of Flight", Negative country of origin effect, Case study 3: "Avangate: Preparing the Trans-Atlantic Jump".
4. Exercise - Strategy choice and decision about future strategies, Case study 4: "Estonia´s Laser Diagnostic Instruments (LDI) AS: : beaming toward growth, Strategy choice and decision about growth strategies and business model, Case study 5: "ACE enterprise Slovakia: Drawing Out the Future".
5. Exercise - Team project presentation
6. Exercise - Team project presentation
Aims
The course focuses on established businesses on the market, does not address the start-up phase or the preparation of a business start-up plan. Students can apply the knowledge and skills in the field of multifunctional project teams responsible for organizational development related to the preparation and implementation of changes in larger enterprises, or in the position of external consultants.
Specification of controlled education, way of implementation and compensation for absences