Criteria For:
HSB: Principles of Management - Level 5
Students earning the HSB Principles of Management badge have demonstrated knowledge and skills in areas that include human resources management, market planning, operations, project management, product/service management, quality management, and strategic management.
Instructional Area: Human Resources Management (HR)
Performance Element: Staff a business unit to satisfy work demands while adhering to budget constraints.
Performance Indicators:
HR:353 Determine hiring needs (SU)
HR:390 Discuss employee compensation (SU)
Performance Element: Plan talent-acquisition activities to guide human resources management decision-making.
Performance Indicator:
HR:518 Develop job descriptions and profiles (MN)
Instructional Area: Market Planning (MP)
Performance Element: Select target market appropriate for product/business to obtain the best return on marketing investment (ROMI).
Performance Indicator:
MP:004 Identify market segments (MN)
MP:005 Select target market (MN)
Performance Element: Employ marketing-information to plan marketing activities.
Performance Indicators:
MP:009 Conduct market analysis (market size, area, potential, etc.) (MN)
MP:012 Conduct competitive analysis (MN)
Instructional Area: Operations (OP)
Performance Element: Acquire a foundational knowledge of project management to understand its nature and scope.
Performance Indicator:
OP:158 Explain the nature of project management (SP) LAP-OP-158
Performance Element: Utilize project management skills to improve workflow and minimize costs.
Performance Indicator:
OP:001 Develop project plan (SP) LAP-OP-001
Instructional Area: Project Management (PJ)
Performance Element: Utilize project management skills to start, run, and end projects.
Performance Indicators:
PJ:006 Prepare work breakdown structure (WBS) (SP)
PJ:008 Close project (SP)
Instructional Area: Product/Service Management (PM)
Performance Element: Position products/services to acquire desired business image.
Performance Indicator:
PM:246 Identify product's/service's competitive advantage (SP)
Instructional Area: Quality Management (QM)
Performance Element: Understand the role and function of quality management to obtain a foundational knowledge of its nature and scope.
Performance Indicator:
QM:001 Explain the nature of quality management (SP) LAP-QM-001
Instructional Area: Strategic Management (SM)
Performance Element: Recognize management's role to understand its contribution to business success.
Performance Indicators:
SM:001 Explain the concept of management (CS) LAP-SM-001
SM:100 Explain factors that affect management (SP)
SM:002 Explain the nature of managerial ethics (MN)
SM:063 Discuss the nature of managerial planning (SP)
SM:064 Explain managerial considerations in organizing (SP) LAP-SM-064
SM:065 Describe managerial considerations in staffing (SP) LAP-SM-065
SM:066 Discuss managerial considerations in directing (SP) LAP-SM-066
SM:004 Describe the nature of managerial control (control process, types of control, what is controlled) (SP) LAP-SM-400
SM:029 Discuss the nature of global management (MN)
SM:030 Explain management theories and their applications (MN)
Performance Element: Utilize planning tools to guide organization's/department's activities.
Performance Indicators:
SM:007 Explain the nature of business plans (MN) LAP-SM-007
SM:008 Develop company goals/objectives (ON)
SM:009 Define business mission (ON)
SM:010 Conduct an organizational SWOT (ON)
Performance Element: Implement corporate social responsibility to achieve business objectives.
Performance Indicator:
SM:082 Explain the nature of corporate social responsibility (SP)
Performance Element: Plan organization's/department's activities to guide and support decision-making and to ensure that staff focuses on the right priorities.
Performance Indicator:
SM:049 Develop company's management plan (ON)
Performance Element: Design organizational structure to facilitate business activities.
Performance Indicator:
SM:032 Develop an organizational plan for human resources (MN)
Instructional Area: Human Resources Management (HR)
Performance Element: Staff a business unit to satisfy work demands while adhering to budget constraints.
Performance Indicators:
HR:353 Determine hiring needs (SU)
HR:390 Discuss employee compensation (SU)
Performance Element: Plan talent-acquisition activities to guide human resources management decision-making.
Performance Indicator:
HR:518 Develop job descriptions and profiles (MN)
Instructional Area: Market Planning (MP)
Performance Element: Select target market appropriate for product/business to obtain the best return on marketing investment (ROMI).
Performance Indicator:
MP:004 Identify market segments (MN)
MP:005 Select target market (MN)
Performance Element: Employ marketing-information to plan marketing activities.
Performance Indicators:
MP:009 Conduct market analysis (market size, area, potential, etc.) (MN)
MP:012 Conduct competitive analysis (MN)
Instructional Area: Operations (OP)
Performance Element: Acquire a foundational knowledge of project management to understand its nature and scope.
Performance Indicator:
OP:158 Explain the nature of project management (SP) LAP-OP-158
Performance Element: Utilize project management skills to improve workflow and minimize costs.
Performance Indicator:
OP:001 Develop project plan (SP) LAP-OP-001
Instructional Area: Project Management (PJ)
Performance Element: Utilize project management skills to start, run, and end projects.
Performance Indicators:
PJ:006 Prepare work breakdown structure (WBS) (SP)
PJ:008 Close project (SP)
Instructional Area: Product/Service Management (PM)
Performance Element: Position products/services to acquire desired business image.
Performance Indicator:
PM:246 Identify product's/service's competitive advantage (SP)
Instructional Area: Quality Management (QM)
Performance Element: Understand the role and function of quality management to obtain a foundational knowledge of its nature and scope.
Performance Indicator:
QM:001 Explain the nature of quality management (SP) LAP-QM-001
Instructional Area: Strategic Management (SM)
Performance Element: Recognize management's role to understand its contribution to business success.
Performance Indicators:
SM:001 Explain the concept of management (CS) LAP-SM-001
SM:100 Explain factors that affect management (SP)
SM:002 Explain the nature of managerial ethics (MN)
SM:063 Discuss the nature of managerial planning (SP)
SM:064 Explain managerial considerations in organizing (SP) LAP-SM-064
SM:065 Describe managerial considerations in staffing (SP) LAP-SM-065
SM:066 Discuss managerial considerations in directing (SP) LAP-SM-066
SM:004 Describe the nature of managerial control (control process, types of control, what is controlled) (SP) LAP-SM-400
SM:029 Discuss the nature of global management (MN)
SM:030 Explain management theories and their applications (MN)
Performance Element: Utilize planning tools to guide organization's/department's activities.
Performance Indicators:
SM:007 Explain the nature of business plans (MN) LAP-SM-007
SM:008 Develop company goals/objectives (ON)
SM:009 Define business mission (ON)
SM:010 Conduct an organizational SWOT (ON)
Performance Element: Implement corporate social responsibility to achieve business objectives.
Performance Indicator:
SM:082 Explain the nature of corporate social responsibility (SP)
Performance Element: Plan organization's/department's activities to guide and support decision-making and to ensure that staff focuses on the right priorities.
Performance Indicator:
SM:049 Develop company's management plan (ON)
Performance Element: Design organizational structure to facilitate business activities.
Performance Indicator:
SM:032 Develop an organizational plan for human resources (MN)