Module Descriptors
OPERATIONAL MANAGEMENT
ACCT70263
Key Facts
School of Justice, Security and Sustainability
Level 7
30 credits
Contact
Leader: Alison Maguire
Hours of Study
Scheduled Learning and Teaching Activities: 75
Independent Study Hours: 225
Total Learning Hours: 300
Assessment
  • ASSIGNMENT weighted at 50%
  • CASE BASED STUDY weighted at 50%
Module Details
Module Learning Strategies
The learning strategy for the module requires students to commit 300 learning hours, of this there will be 75 hours of class support and 225 hours of independent and self directed study.

The lectures will be interactive with student participation in discussion about the operational management in organisations and businesses, set firmly within the context of the global knowledge economy. Students will be able to integrate the research of managing finance, people and information within contexts relevant to the needs of a knowledge economy. Students will be allocated to small groups for various activities and workshop sessions. Tutorials are used to ensure that students understand the material and its relevance to the programme. Within the module, students will undertake individual presentations. These will be used to highlight understanding of module content, planning and implementation of ideas and innovations, self assessment and reflection, peer/tutor discussion and review.

For each topic, students will engage in preparation and reading prior to each seminar. Students will be asked to share their reading of the topic through discussion with their peer group, present their findings to the seminar group and provide feedback to other students

Module Resources
The VLE (NETED)
The Internet
Word Processing software for use in the coursework
Spreadsheet software like EXCEL/SPSS
Printed and electronic journals.
Module Texts
Core Text
Vogel, H. L (2012) Travel Industry Economics: A Guide for Financial Analysis
Brigham, E. F. and Ehrhardt, M. C (2010) Financial Management: Theory & Practice, 13 edition, South-Western College Pub.
Mondy, R. W. (2009) Human Resource Management, 11 edition, Prentice Hall.
Chopra, S. and Meindl, P (2012) Supply Chain Management. 5th Edition

Recommended Text
Hotel Management and Operations O'Fallon, M. J. and Rutherford, D. G.(2010)
Raghubalan ( 2011) Hotel Housekeeping: Operations and Management
Tidd, J and Bessant, J. (2009) Managing Innovation: Integrating Technological, Market and Organizational Change, 4th edition, Wiley.
Gibson, C. H. (2010) Financial Reporting and Analysis: Using Financial Accounting Information, 12 edition.
Ivancevich, J. (2009) Human Resource Management, McGraw-Hill/Irwin.
Jackson, S. L. (2008) Research Methods and Statistics: A Critical Thinking Approach
Laudon, K. and Laudon, J. (2009) Management Information Systems, 11th Edition
Nkomo, S. M., Fottler, M. D., and McAfee, R. B. (2007) Human Resource Management Applications: Cases, Exercises, Incidents, and Skill Builders, South-Western College Pub.
Shim, J. K. and Siegel J. G. (2008) Financial Management, 3 edition, Barron's Educational Series.
Weightman, Jane (2004) Managing People, The CIPD.

Journals:
Human Resource Management Journal
International Journal of Innovation Management
Journal of Finance
Journal of Risk Finance information
SAGE journal: Human Resource Management
The European Journal of Finance
The Innovation Journal
The International Journal of Human Resource Management

Module Additional Assessment Details
Individual Writing Assignment 50% Weighting

Undertake a review of organisation performance, using appropriate research and analysis tools, to assess your organisation, or one that you are familiar with within your chosen pathway. Summarise your findings on the basis of access to relevant information and financial implications of current and future human resource practices and based on your conclusions recommend options and consider whether the organisation's current direction is appropriate.

3,000 words including appendices

LO 1,2

Case Study 50% Weighting

LO 3, 4

To pass this module student must obtain overall 50% marks.

Pass criteria

Demonstrates ability to systematically describe a specific organisation in terms of management theories and appropriate contemporary practice.
Provides some critical analysis of operational aspects of same organisation. Reflects adequately on potential improvements to same organisation and is well referenced. In order to pass a module, students need to attain at least a minimum of 30% in all elements of assessment.

Distinction criteria,

Evidences a subtle understanding of the position of the organisation in terms of a range of appropriate theory and contemporary practice.
Focuses upon the critical analysis of relevant operational aspects of the organisation, with appropriate contrast with other organisational forms and practice. Provides a well-supported, reasoned and pragmatic set of recommendations. Evidences wide and appropriate reading in the references supplied.
Module Indicative Content
Topics

Managing Finance
Students will be introduced to the management of finance through the roles and functions of various financial institutions and their reporting and governance structures. Student will be able to understand and apply management accounting principles to managing budgets and controlling expenditure within organisations together with the strategic implications of budget setting. Students will gain an understanding of maximising corporate value through applying the principles of corporate finance and apply the appropriate tools to evaluating corporate investment and performance reports.

Managing People
In this topic contemporary approaches to Human Resource Management are discussed and students will be able to understand the implications of Human Resource Planning, within current statutory frameworks, to providing operational deployment of corporate strategies. Students will be able to demonstrate the importance of sound HRM practices on organisational performance and be able to evaluate and analyse the impact of sound HRM on the ability to improve organisation performance. An introduction to HRM applications will consolidate their understanding and ability to apply sound recruitment, reward and performance management procedures together with an appreciation of the role of succession planning within an organisation.

Managing Information
Through this topic students will acquire skills to assimilate and analyse various forms of information relevant to an organisation decision making process in order to ensure strong corporate performance. This topic directs students to the various forms of data and information available, storage and retrieval systems and the approaches for interrogating data to inform strategic decisions. Students will be able to evaluate corporate information strategies and formulate operational activities to ensure best use of data and information within the organisation.