Introductory Lecture

Fundamentals
of
Management

The Carlson School of Management

What does it take?

The last 100 years plus

1900-1910: Neon lights, Kelloggs corn flakes, instant coffee

1910-1920: Pyrex, stainless steel, and the zipper
1920-1930: Band aids, spiral notebooks, electric razors
1930-1940: Scotch tape, nylon, the ball point pen, Teflon
1940-1950: Slinky, silly putty, Velcro and the atomic bomb
1950-1960: Oral contraceptives, McDonalds, and Barbie
1960-1970: Valium, Astroturf, and the pop-top cans
1970-1980: Post-it notes, walkman, and the VCR
1980-1990: Disposable contact lenses, doppler radar, and
genetically engineered human growth hormones
1990-2000: DVD, Viagra and the first digital answering machine
2000-2010: Yu-Gi-Oh cards, Lipitor, iPad, TIVO

Management
The initiation of change

the key mechanism underlying human progress

The
Journey

Are you
ready?

The Elevator is out of order

You need to take the stairs!

Keys to Personal Success

TODAY

Self-image
Your relationship with others
Goals
Attitude
Work
Desire

TOMORROW

Health
Wealth
Happiness
Friends
Growth
Peace
Security
Leisure
Freedom
Opportunity

Keys to personal success

Vision

learning

Planning

networking

Resources

doing!

The Time is Now!

You can be bright and broke

Turn it on
Garbage-dump thinking
The future is now
The losers limp
The natural born
Prisoners of hope
Here are the beautiful people
Its in your hands
Dont leave me nowact!
Dont get cooked in the squat
Half-a-minders and gonna-doers
It just isnt so
The balloon salesman

Zig Ziglar

Fundamentals of
Management
The Class

your future!

Transformation

Alan Fine

Fourth generation Minnesotan

Faculty member in Strategic Management and Entrepreneurship
Leadership coach, business strategist
Entrepreneur
Published author
Past experience includes
Investment banker: Minneapolis and Chicago
Chief Financial Officer/Chief Information Officer, Manufacturing Company
Public Accountant
Management Consultant
Functional leadership experience in business in finance, operations, marketing, human
resources and information systems
Founding Director of the Undergraduate Entrepreneurship Program at the Carlson School of
Management
Taught over 160 course sections at the Carlson School of Management over the past 20 years
across three departments (over 8,000 students).
Taught Management 3001 more than 30 times
University of Minnesota graduate
Economics
Masters in Business Administration from the Carlson School
Past certifications include CPA, and Investment Banking series 7, 24, 28 and 63

Class Structure
The course is divided into six primary areas of exploration in
effective management:
1. The management concept, the evolution of management theory,
and global management
2. Strategic management: Planning, culture and decision making
3. Operational management: Organizing and managing
productivity
4. The soft subjects of leadership: Leadership, communication,
negotiation, networking, motivation, managing teams and
organizational behavior
5. Ethics and social responsibility
6. Concepts in enabling organizations to innovate and change

Text
Daft, Marcic, Understanding Management, Eighth
Edition
Also, will introduce innovative concepts from various sources in
addition to what is in the textbook

Learning

Text
Lecture
Videos
Class exercises
Assignments
Tests
Guest lecturers

Grading

Participation 12.5%
Midterm exams 40%
Final exam (cumulative) 22.5%
Assignments 25%

Please read the syllabus carefully!