2.5 > Flashcards

1
Q

Purposes of policies

A

Establish a consistent interpretation of the intentions of senior management
Offer guiding principles for actions within the organisation – policies allow and restrict actions
Reflect the mission and vision objectives of the organisation
Assist with compliance and acceptance of desired behaviors within the organisation

policy is a written statement that outlines the organisation’s stance on and approach to particular issues, that contains a procedure that defines how it will be implemented. Policies are designed to clearly define what needs to be done in regards to issues that arise in the day to day activities of an LSO such as Occupational Health and Safety or sexual harassment.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Effective policies must be:

A

Clearly expressed so that everyone can understand them
Cleary communicated so everyone is aware of their existence, and potential and actual changes to them
Policies cover things like bullying, sexual harassment, equal opportunity, privacy, smoking, use of internet and email

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Define procedures

A

Enables a policy to be put into practice

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Policy development needs to be:

A

A The need to change a policy may originate with any of the stakeholders of the LSO

The need of a new policy will arise because there is an issue or problem that needs to be resolved

The policy should be presented to senior management after feed-back alterations and then sent to stakeholders

After the policy has been introduced it will need to be monitored to make sure it is easily understood and that it is being followed.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are the policy development steps

A
  1. Issue identification – “This is wrong, we need to fix it!”
  2. Research and Analysis business environments – “What exactly needs to be changed and what are the possibilities for the exact form of the change”
  3. Consult stakeholder – “What do those affected by a new policy think?”
  4. Develop new policy – “Preparation of a proposed policy”
  5. Draft policy for review by stakeholders – “This is what is being proposed”
  6. Revise the policy
  7. Approve and distribute new policy – “This is what the policy is going to be.”
  8. Monitor the policy
  9. Evaluation – “Did the new policy help achieve Organisational objectives
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Pressures on ‘macro’ policy development

A

Legislative compliance
Ethics and social responsibility
International e.g. terrorism, global financial crisis
Changes in technology

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

‘Operating’ pressures on policy development

A

Competitiveness
Lobby groups e.g. RACV
Unions E.g. Australian Nursing Federation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

‘Internal pressures on policy development

A

Owner/Shareholders

Management, employees

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Define management style

A

Refers to the behavior and attitude of the manager

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Usually managers are those who:

A

Posses a range of specific management skills

Can use their skills in a number of managerial roles

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Define communication

A

Involves the ability to transfer information from a sender to a receiver and to listen to feedback

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is interpersonal communication

A

Interpersonal communication – sharing information between 2 people
Organisational

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is organisational communication

A

sharing information with large numbers of people

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Describe forms and methods of communication

A

Forms of communication: reading (written data like emails), verbal written (expressing thoughts and ideas through emails, word documents), verbal oral (talking to people to spread information and gain feedback)

The method of communication will depend on the audience that is whether management is communicating with employees, suppliers or shareholders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Define policy

A

Is a set of board guidelines to be followed by all employees when dealing with important areas of decision making

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Define delegation

A

Is the transfer of authority and responsibility from a manager to an employee to carry out specific activities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Importance of delegation

A

The manager delegating the task remains accountable for the outcome of the delegated work – but allows the employee or employees to make their own decisions

Delegation is an important skill to use to manage time effectively and to enable staff to learn new skills potentially leading to new ideas and employee motivation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Define negotiation

A

skills involve the ability to resolve a dispute or to produce a satisfactory agreement on a course of action

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

When does negotiation occur

A

Occurs when 2 parties enter into discussions that are intended to resolve a dispute or to produce an agreement on a course of action (outcome should satisfy both sides)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

When negotiating mangers should try to

A

Try to put themselves in the shoes of the other party
Encourage the discussion on each sides perceptions
Allow the party to contribute in the process so they feel involved
Listen and acknowledge what is being said
Speak clearly and purposefully
Build relationship with other party

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Define group / team dynamics

A

Are the interaction of individuals within teams / groups
Managers

Managers are now days required to adopt a ‘team approach’ negotiating decisions rather than imposing demands - the role of manager is changing form controller to facilitator.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Define empowerment

A

Is to include them (employees) fully in decision-making, provide them with autonomy, and give them the necessary trust training and development and reward to enable them to work as a team.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Define problem solving

A

Is the broad set of activities involved in searching for, identifying and then implementing a course of action to correct an unworkable situation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

6 typical steps to problem solving

A
Identify the problem and cause
Gather relevant information
Develop alternative solutions
Analyse the alternatives 
Chose one alternative and implement it
Evaluate situation

Management will then develop alternative solutions – after analyzing each one of the alternatives for their advantages / disadvantages management chooses what they deem to be the best solution
If the solution does not work management will have to start the problem-solving process again

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Define decision making
Is the process of identifying the options available and then choose a specific course of actions
26
Effective decision making involves
making decisions in particular time frames & adequately asses the level of risk involved if the decision is implemented Time
27
Define time management
Involves the ability to priorities tasks, set deadlines, review progress and delegate
28
Define stress management
Involves the ability to manage the levels of stress that develop in employees
29
Explain stress management
There are many causes of stress – referred to as ‘stressors’ e.g. working long hours, dealing with new technology, fear of losing job, poor organizational systems and process Stressors can also be external to an organisation e.g. family or gambling problems High levels of stress will likely cause health problems and lead to poor performance
30
Define emotional intelligence
Is the skill of identifying, assessing and managing the emotions of self and others
31
Explain management styles and skills
The type of management style that a manager selects will determine the range and degree of skills they use E.g if a manager uses a participative style – then clear communication, delegation and teamwork skills will be important An autocratic manager would use communication and decision making skills but in very different ways
32
Define management ethics
Are the application of moral standards to management behavior How managers respond to ethical and social situations will have a long-lasting consequence for the image and reputation of the company as well as it’s cooperate culture, policies, objectives and strategies
33
Within a business world the following ethical issues regularly occur:
Fairness / honesty Respect for people Conflict of interest Financial management
34
Explain fairness and honesty in relation to business ethics
Obviously obey laws and regulations. Society expects managers to tell the truth and avoid using misleading or deceptive information
35
Explain respect for people in relation to bus ethics
If managers treat their staff with respect then you would also expect employees to act ethically. Occasionally a business may become aware of an unethical practice of an employee – can place the business in a difficult decision
36
Explain conflict of interest in relation to bus ethics
Occurs when a person takes advantage of a situation or piece of information for his or her gain rather than the employer’s interest. Once a pattern of corruption takes hold and is seen to be acceptable behavior it quickly becomes entrenched within the organisation e.g. bribes and corruption
37
Explain financial management in relation to bus ethics
It is generally accepted that financial management decisions reflect the objectives of an organisation and the interests of shareholders. The common practice of overestimating expenditures and revenues to allow for unexpected and uncertain events is an ethical issue All financial records internally and externally should be ‘audited’ regularly "
38
Define an audit
an independent check of the accuracy of financial records and accounting procedures
39
Define cooperate code of conduct
Is a set of ethical standards for managers and employees to uphold.
40
Define social responsibility
Is the obligations a business has over and above it’s legal responsibilities to the wellbeing of employees, customers, shareholders and the community as well as the environment
41
Explain the goals of social responsibility
A socially responsible business will attempt to achieve two goals simultaneously – expanding the business while providing for the greater good of society. Socially responsible behaviors cost more in the short term but in the long run it turns out to be in the company’s best interest
42
Explain the evolution of social responsibilities in Aus't
Today society’s are more informed and better educated resulting in higher expectations in business practices and greater awareness of the social responsibilities of businesses Employees – demand improved working conditions Consumers- reliable, safe and environmentally friendly products Gov’t legislation has also increased directly influencing business behaviors
43
Define a social report
Outlines what an organisation has done and is doing with regard to social issues
44
Define delegation
Is the transfer of authority and responsibility from a manager to an employee to carry out specific activities
45
Importance of delegation
The manager delegating the task remains accountable for the outcome of the delegated work – but allows the employee or employees to make their own decisions Delegation is an important skill to use to manage time effectively and to enable staff to learn new skills potentially leading to new ideas and employee motivation
46
Define negotiation
skills involve the ability to resolve a dispute or to produce a satisfactory agreement on a course of action
47
When does negotiation occur
Occurs when 2 parties enter into discussions that are intended to resolve a dispute or to produce an agreement on a course of action (outcome should satisfy both sides)
48
When negotiating mangers should try to
Try to put themselves in the shoes of the other party Encourage the discussion on each sides perceptions Allow the party to contribute in the process so they feel involved Listen and acknowledge what is being said Speak clearly and purposefully Build relationship with other party
49
Define group / team dynamics
Are the interaction of individuals within teams / groups Managers Managers are now days required to adopt a ‘team approach’ negotiating decisions rather than imposing demands - the role of manager is changing form controller to facilitator.
50
Define empowerment
Is to include them (employees) fully in decision-making, provide them with autonomy, and give them the necessary trust training and development and reward to enable them to work as a team.
51
Define problem solving
Is the broad set of activities involved in searching for, identifying and then implementing a course of action to correct an unworkable situation
52
6 typical steps to problem solving
``` Identify the problem and cause Gather relevant information Develop alternative solutions Analyse the alternatives Chose one alternative and implement it Evaluate situation ``` Management will then develop alternative solutions – after analyzing each one of the alternatives for their advantages / disadvantages management chooses what they deem to be the best solution If the solution does not work management will have to start the problem-solving process again
53
Define decision making
Is the process of identifying the options available and then choose a specific course of actions
54
Effective decision making involves
making decisions in particular time frames & adequately asses the level of risk involved if the decision is implemented Time
55
Define time management
Involves the ability to priorities tasks, set deadlines, review progress and delegate
56
Define stress management
Involves the ability to manage the levels of stress that develop in employees
57
Explain stress management
There are many causes of stress – referred to as ‘stressors’ e.g. working long hours, dealing with new technology, fear of losing job, poor organizational systems and process Stressors can also be external to an organisation e.g. family or gambling problems High levels of stress will likely cause health problems and lead to poor performance
58
Define emotional intelligence
Is the skill of identifying, assessing and managing the emotions of self and others
59
Explain management styles and skills
The type of management style that a manager selects will determine the range and degree of skills they use E.g if a manager uses a participative style – then clear communication, delegation and teamwork skills will be important An autocratic manager would use communication and decision making skills but in very different ways
60
Define management ethics
Are the application of moral standards to management behavior How managers respond to ethical and social situations will have a long-lasting consequence for the image and reputation of the company as well as it’s cooperate culture, policies, objectives and strategies
61
Within a business world the following ethical issues regularly occur:
Fairness / honesty Respect for people Conflict of interest Financial management
62
Explain fairness and honesty in relation to business ethics
Obviously obey laws and regulations. Society expects managers to tell the truth and avoid using misleading or deceptive information
63
Explain respect for people in relation to bus ethics
If managers treat their staff with respect then you would also expect employees to act ethically. Occasionally a business may become aware of an unethical practice of an employee – can place the business in a difficult decision
64
Explain conflict of interest in relation to bus ethics
Occurs when a person takes advantage of a situation or piece of information for his or her gain rather than the employer’s interest. Once a pattern of corruption takes hold and is seen to be acceptable behavior it quickly becomes entrenched within the organisation e.g. bribes and corruption
65
Explain financial management in relation to bus ethics
It is generally accepted that financial management decisions reflect the objectives of an organisation and the interests of shareholders. The common practice of overestimating expenditures and revenues to allow for unexpected and uncertain events is an ethical issue All financial records internally and externally should be ‘audited’ regularly "
66
Define an audit
an independent check of the accuracy of financial records and accounting procedures
67
Define cooperate code of conduct
Is a set of ethical standards for managers and employees to uphold.
68
Define social responsibility
Is the obligations a business has over and above it’s legal responsibilities to the wellbeing of employees, customers, shareholders and the community as well as the environment
69
Explain the goals of social responsibility
A socially responsible business will attempt to achieve two goals simultaneously – expanding the business while providing for the greater good of society. Socially responsible behaviors cost more in the short term but in the long run it turns out to be in the company’s best interest
70
Explain the evolution of social responsibilities in Aus't
Today society’s are more informed and better educated resulting in higher expectations in business practices and greater awareness of the social responsibilities of businesses Employees – demand improved working conditions Consumers- reliable, safe and environmentally friendly products Gov’t legislation has also increased directly influencing business behaviors
71
Define a social report
Outlines what an organisation has done and is doing with regard to social issues
72
Management skills
``` Negioation Decision making Time management Delegation Communication Problem solving Stress management ```
73
Key management roles
Planning Organising Leading Controlling.
74
Advantages and disadvantages of operating in a ethical and environmental manner
Enhanced reputation - can lead to higher sales and bigger customer base Development of a positive cooperate culture - values and beliefs reflect ethical and social responsibility Retaining high quality staff job morale increase productivity increases Less conflict within organisation fewer ethical and social issues with external and internal environment Employees enjoy working contributing to the community Expensive to implement (some can't afford) Time and resources are spent on managing social responsibilities initiates that ist legally required Less time and resources - redirecting capital and staff away from the business core purpose
75
How can senior management implement ethical and social responsibilities
Develop a code of conduct visible in company website all employees expected to sign it Run training programs for all employees to develop their knowledge and in dealing with ethical issues that might arise in their day to day work Include references to ethical and social responsibilities in all policies Ensure employees have guidance on what is the appropriate ethical response Complete a social audit / social report - how the org is dealing with social issue that affects its stakeholders
76
Leadership qualities
Interpersonal qualities - the ability to understand and relate to others having empathy Informational skills - having understood the business this will have the manager identify problems and develop solutions Understanding of IT is also important Decision making skills - identifying problems and opportunities and choosing a soultion Also includes evaluating risk and time management