About this Course
4.8
214 ratings
59 reviews
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100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 14 hours to complete

Suggested: 6 weeks of study, 2-3 hours/week...
Available languages

English

Subtitles: English...
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 14 hours to complete

Suggested: 6 weeks of study, 2-3 hours/week...
Available languages

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Hours to complete
2 hours to complete

The Lessons from Rome Part I

In Ancient Rome, merchant organisations very similar to modern firms were critical to capitalising key markets and to solving serious logistical problems to enable a vibrant trading network across the Mediterranean, including, critically, supplying the city of Rome itself with the food its citizens needed to survive. We will examine the Roman grain market and the organisations that operated within that market to ask: what, exactly, is a firm? What led to the firm's evolution? And what is the issue of agency that a firm inevitably entails?...
Reading
5 videos (Total 49 min), 3 readings, 1 quiz
Video5 videos
Introduction 4m
The Problem of Information 10m
The Problem of Transaction Costs8m
Institutional Solutions and The Agency Dilemma 12m
Reading3 readings
Syllabus & Readings10m
Grading and Logistics10m
Reading & Study Questions10m
Quiz1 practice exercise
One: The Lessons from Rome Part I12m
Week
2
Hours to complete
1 hour to complete

The Lessons from Rome Part II

This lecture expands upon the first discussion, drawing from the insights gained about firm organisation in the Ancient world to ask about the effectiveness of the Forced Distribution Ranking Scheme (also known as "stack and rank", "up and out", etc...) to evaluate and promote or terminate employees, widely used by many of today's leading corporations....
Reading
4 videos (Total 46 min), 1 reading, 1 quiz
Video4 videos
Some Drawbacks 12m
Weighing the Method9m
Concluding Lessons from the Roman Grain Market 11m
Reading1 reading
Reading & Study Questions10m
Quiz1 practice exercise
Two: The Lessons from Rome Part II12m
Week
3
Hours to complete
1 hour to complete

What is Innovation?

We live in the innovation economy. Firms have chief innovation officers. Innovation is, so we are told, the key to securing the future. And there are quite literally millions of books on the subject of innovation. So, what does it mean? And is it a useful idea for management? We'll consider both questions. ...
Reading
5 videos (Total 50 min), 1 reading, 1 quiz
Video5 videos
The Box: Explaining Its Introduction 12m
The Box: Conditions for Success8m
The Box: The Story of Failure 8m
Conclusion: Thinking Beyond Innovation 10m
Reading1 reading
Reading & Study Questions10m
Quiz1 practice exercise
Three: What is Innovation?12m
Week
4
Hours to complete
2 hours to complete

The Power of Narrative

What do Hollywood movies, the Synoptic gospels, housing bubbles, Alan Greenspan's monetary policy, and the world's worst merger have in common? This week's lecture will develop a reading of narrative in order to explore a common pitfall that affects many managerial decisions....
Reading
9 videos (Total 95 min), 1 reading, 1 quiz
Video9 videos
Towards a Metacritical Concept of Narrative 13m
Home-Buying as An Investment 10m
Irrationality in The Marketplace 9m
Context Analysis 8m
The Behavior of Market Actors 9m
A Cognitively Dissonant Market?13m
Why Didn't The Federal Reserve Act? 9m
Narrative Structures and Managerial Decisions: Concluding Remarks 8m
Reading1 reading
Reading & Study Questions10m
Quiz1 practice exercise
Four: The Power of Narrative12m

Instructor

Avatar

Rolf Strom-Olsen

Professor
Humanities

About IE Business School

IE Business School is an internationally recognized business school where the leaders of tomorrow shape their ideas and learn to become global citizens. For over 40 years, IE Business School has promoted innovation and change in organizations, equipping managers with an entrepreneurial mindset that generates employment, wealth, and social well-being. Regularly featured among the top business schools in the world, IE Business School has an urban campus in Madrid and a faculty of more than 400 professors who teach students from approximately 90 countries in its undergraduate and master programs. IE uses innovative online, face-to-face, and blended learning formats, including the IE Communities Platform where knowledge and experiences are exchanged with over 50,000 IE graduates that currently hold management positions in more than 100 countries worldwide....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

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