Chapter 1 Flashcards
Effective management is..
everyone supports everyone
what do managers do?
plan, organize, lead, control
3 management role?
interpersonal, informational, decisional
Katz’s 3 essential management skills
conceptual, human, and technical skills
What is emotional intelligence?
ability to manage ourselves
What are the 6 must have managerial skills?
teamwork, self-management, leadership, critical thinking, professionalism, communication
Important career issues are?
talent, technology, globalization, diversity, ethics
What is intellectual capital?
brainpower or shared knowledge of a workforce
commitment + competency =
intellectual capital
job migration
jobs from one country to another
What does multicultural workforce do?
provides both challenges and opportunities to employers
What are ethics?
Moral principles - what is good and right
Corporate governance =
financial performance
ethical performance=
sustainability
SWOT
strengths, weaknesses, opportunities, threats