PART
III
SECTION
5
PAPER NO. 13
STRATEGY, GOVERNANCE AND ETHICS
This paper is intended to equip
the candidate with knowledge, skills and attitudes that will enable him/her to
formulate and implement strategies and demonstrate good governance and ethical
practices
13.0 LEARNING
OUTCOMES
A candidate who passes this paper
should be able to:
·
Analyze
the environment and its impact on strategic decision making
·
Formulate
and implement a strategic plan
·
Practice the tenets and principles of good
governance
·
Comply
with ethical principles in an organization
CONTENT:
13.1 Overview of management
-
Importance
of management
-
Principles
of management
-
Management
as a science, an art or a profession
-
Functions
and roles of management
-
Levels of
management and managerial skills
-
Management
and administration
13.2 Development of management thought
-
Pre-industrial
revolution management theories
-
Classical
theories, neo-classical theories
-
Contemporary
theories
13.3 Overview of management function
-
Planning
-
Organizing
-
Staffing
-
Directing
-
Controlling
13.4 Overview of corporate strategy and governance
-
meaning of
strategy, management and strategic management
-
scope of
strategic management
-
levels of
strategic management
-
benefits
of strategic management
-
limitations
of strategic management
-
strategic
management process
-
meaning
and importance of governance
-
principles
of corporate governance
-
best
practice in corporate governance
-
codes of
corporate practices and conduct in public and private sectors
-
corporate
governance theories
