Short Title:Manage Your Own Business
Full Title:Manage Your Own Business
Module Code:HTSC H3029
 
ECTS credits: 5
NFQ Level:7
Module Delivered in 3 programme(s)
Module Contributor:Paul Dervan
Module Description:The effective management of a business today requires business owners and managers to be customer focused and to have knowledge and techniques to allow them deal with day-to-day matters as well as planning for the future. Focused on the horticulture industry, the main aim of this module is to provide learners with practical concepts and knowledge to allow them successfully manage their own horticulture businesses. Specifically, the module will address the following themes: re-affirming the company director's roles and responsibilities; leading and managing in a dynamic environment; dealing with Finance and Human Resource (HR) matters; developing basic approaches to control and continuous improvement as competitive differentiators.
Learning Outcomes:
On successful completion of this module the learner will be able to
  1. Distinguish between leading and managing a horticulture business.
  2. Apply basic knowledge, methodologies and skills to support sustainable business growth in the horticulture sector.
  3. Demonstrate how the effective implementation of HR processes supports effective business management.
  4. Interpret common financial statements and reports used in controlling a business.
  5. Explain fundamental operations management techniques and concepts with a focus on supply chain and quality management
  6. Describe the legal requirements comprehending the duties and responsibilities of directors and business owners.
 

Module Content & Assessment

Indicative Content
Topic 1 - Understanding Organisations
The role of business enterprises in modern society; their economic goals and social responsibility, the profit making ethos, the function of profit, factors of production and transformation processes, organisational macro & task environments and the importance of environmental scanning. PESTLE and Five Forces analysis.
Topic 2 - Managing and the Manager's Job
An introduction to management, the management process, kinds of managers, basic managerial roles and skills, the difference between management and leadership, contemporary management challenges.
Topic 3 - Planning and Decision Making
Organisational goal setting, kinds of organisational plans, time frames for planning, growing the business - Ansoff's matrix, formulating business level strategies - Porter's Generic Strategies, the nature of decision making, types of decisions and decision making conditions.
Topic 4 - Managing Human Resources
HR processes - HR planning, recruitment, selection, training & development, reward, performance management, termination of employment. Legal considerations - terms of employment, health and safety in the workplace, leave entitlements.
Topic 5 - Dealing with Finance
Measuring and reporting the financial position and performance. Measuring and reporting cash flows, interpreting financial statements. Budgeting and forecasting. The core operations of Sage Accounting software.
Topic 6 - The Controlling Process
The nature and purpose of control, steps in the control process, operations control, characteristics of effective control, the nature of operations management, service operations, supply chain management, quality and TQM, ISO international quality standards, Six Sigma benchmarking, statistical process control.
Topic 7 - Understanding Directors' Duties and Responsibilities
Concept of a Director, executive and non-executive directors. Sources of directors' duties and responsibilities, general law relating to companies as interpreted by the Courts, specific requirements of the Companies Acts, consequences of Breaches of Duty. Dealing with the Revenue Commissioners - mandatory reporting.
Indicative Assessment Breakdown%
Course Work Assessment %40.00%
Final Exam Assessment %60.00%
Course Work Assessment %
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Multiple Choice Questions Breadth test 1,2 15.00 Week 5
Project Individual written submission 2,3,4 25.00 Week 9
Final Exam Assessment %
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End of term written assessment 2,3,4,6 60.00 End-of-Semester
Indicative Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

ITB reserves the right to alter the nature and timings of assessment

 

Indicative Module Workload & Resources

Indicative Workload: Full Time
Frequency Indicative Average Weekly Learner Workload
Every Week 2.00
Every Week 1.00
Every Week 4.00
Resources
Recommended Book Resources
  • Ricky W. Griffin 2013, Management, 11th Ed., Thomson South-Western [ISBN: 1111969728]
  • Siobhan Tierney & Michael Morley, Modern Management, 4th Ed., Gill & Macmillan [ISBN: 9780717156320]
Supplementary Book Resources
  • Mary Faulkner 2013, Essentials of Irish Labour Law, 2nd Ed., Gill & Macmillan Dublin [ISBN: 9780717152629]
  • Catherine Gowthorpe 2013, Business Accounting and Finance. Catherine Gowthorpe, 3rd Ed., Cengage Learning [ISBN: 9781408018378]
  • Jay Heizer and Barry Render 2011, Operations Management Global Edition, 10th Ed., Pearson USA [ISBN: 0135111439]
This module does not have any article/paper resources
Other Resources

Module Delivered in

Programme Code Programme Semester Delivery
BN_SHTSC_8 Bachelor of Science (Honours) in Horticulture [240 ECTS credits] 6 Mandatory
BN_SHTSC_7 Bachelor of Science in Horticulture [180 ECTS credits] 6 Mandatory
BN_SHTSC_D Bachelor of Science in Horticulture [NFQ level 7, Add on 60 ECTS credits] 4 Mandatory