BUS 604P - Organization and Management

Prerequisite, Prague MBA program. For organizations to create value, they must have the capability to react to market opportunities quickly. This course introduces the tools, techniques, and skills necessary to increase the capacity of firms to do that. Building on insights from economics and strategy, this course teaches students how to align incentives, identify and change employee preferences, assign decision rights, and select and retain appropriate employees. Most importantly, this course will describe how a firm can be designed and managed to reduce the bureaucratic behavior that destroys value in organizations. (Offered every year.) 4 credits