Behavioral Competencies - Leadership Flashcards
What are the main aspects of Leadership?
Influencing people, directing work, engaging employees, and motivating individuals to reach their goals and accomplish the vision of the organization.
What is a Vision Statement?
A concise, forward-thinking statement that reflects organizational confidence and long-term aspirations regarding how a company will achieve more than economic success.
What is a Mission Statement?
Tells employees what the company does.
What are the components of a Mission Statement?
A. Geographic location
B. Product(s) or Service(s)
C. Customers
D. Company’s competitive advantage
What are the 5 Organizational Structures?
- Functional
- Product
- Geographic
- Division
- Matrix
What is the most common organizational structure?
Functional
What is a Functional Organizational Structure?
Jobs are broken up by function (Finance, IT, Recruiting).
What is a Product Organizational Structure?
Jobs are grouped by product line
What is a Geographic Organizational Structure?
Jobs are grouped by geographical location. Like Maxim Healthcare.
What is a Division Organizational Structure?
Jobs are grouped by industry or market, like Maxim Healthcare having Home Health division and Facility Staffing divisions.
What is a Matrix Organizational Structure?
Employees report to 2 managers such as a functional manager and a product line manager. Or, like a restaurant - having a back manager and front manager.
What is a SMART Goal?
Specific, Measurable, Achievable, Realistic, Time-Targeted
What is chain of command?
Line of authority for how employees report
A term used to define how decisions are made in a company.
Centralization - higher-ups make decisions
Decentralization - employees are empowered to make decisions
What is span of control?
of employees a manager can effectively supervise.
