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Management Theory (Winter Term 2024-25)


Course Content

Management theories can be understood as visions of different ways to run organizations based on assumptions about how the micro (i.e., the individual person or the collective team and work group) and macro (i.e., the organization, industry, or nation) levels of analysis operate. Theories are thus intended to help explain phenomena or patterns, and they typically rest upon a general proposition—or logically-connected systems of general propositions—that establishes a relationship between two or more variables. It is in the nature of scientific development that existing theories are continuously refined and extended to the degree that new theories evolve. Starting with more macro-oriented theories like Frederick Taylor’s scientific management theory and Max Weber’s theory of bureaucratic management, human relations theorists like Elton Mayo have moved organizational theorizing toward the importance of viewing individual workers and their psychology and fit with organizations, rather than considering them to be interchangeable parts of an organization.

This course will deal with prominent theories about human behavior in organizations (e.g., prospect theory, social identity theory) and discuss them in the context of innovation management. Such an approach to the understanding of management theory is important because people are clearly an organization's most critical resource. Their knowledge and skills along with their commitment, creativity, and effort are the basis for competitive advantage out of innovation that is often realized with means of collective work. It is people that have creative ideas for new products or for process improvements and that take technologies to the next level. Therefore, this course not only offers an overview of innovation management across the individual, team, and organizational levels in its lecture-type segments, but also allows the participants in its seminar-type segments to apply popular management theories to the innovation context. The course is scheduled as follows:


Date & Time




Monday, October 14th, 2024, 9 a.m. – 6 p.m.


Lecture & Group Work


Tuesday, October 15th, 2024, 9 a.m. – 6 p.m.


Lecture & Group Work


Friday, October 18th, 2024, 9 a.m. – 6 p.m.


Lecture & Group Work


Friday, November 1st, 2024, 9 a.m. – 6 p.m.


Group Consultation


Thursday, November 14th, 2024, 9 a.m. – 6 p.m.


Group Presentations I


Friday, November 15th, 2024, 9 a.m. – 6 p.m.


Group Presentations II

7 Friday, November 29th, 2024, 9 a.m. – 11 a.m. tba

In-Class Exam

8 Friday, December 13th, 2024, 9 a.m. – 11 a.m. tba

In-Class Re-Exam

Course Handling and Grading

This seminar-like course is executed personally at the facilities of the School of Business and Economics. Personal attendance is mandatory for all the meetings listed in the table above.

Teaching materials including both the lecture slides of Professor Razinskas and mandatory readings will be provided via Blackboard. The final grade of this course consists of a group presentation (including discussion contributions) and a final written exam.

Course Eligibility and Application

This course is restricted to exchange students enrolled in one of the following Masters of Science at the School of Business and Economics of FU Berlin:

  • Master of Science in Management & Marketing (M&M)
  • Master of Science in Finance, Accounting, Taxation & Supplements (FACTS)
  • Master of Science in Business Information Systems (Wirtschaftsinformatik)

Only the permanent students of the Master of Science in Management & Marketing, who are in their third semester of the program but do not go abroad, are also eligible to take this course. To apply for it, please send a current transcript of records along with your CV and a short statement (approx. 200 words) about your prior experience with management theories and innovation management via e-mail to Professor Razinskas no later than Wednesday, October 9th, 2024. You will be notified about the success of your application no later than Friday, October 11th, 2024.