chapter 7 Flashcards

1
Q

goal

A

defined as a specific commitment to achieve a desired result within a certain period of time

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2
Q

describe the goal-setting process in organizations

A
  • to maximize effectiveness and efficiency, goals must be set within a strategic framework consisting of mission, vision, and values.
  • Managers setting goals must follow the organizations mission, have a clear vision of what they want to achieve, and ensure that the team embraces the core values of what the organization represents.
  • Fostering a strong corporate culture within this framework is the first step toward goal success
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3
Q

examples of goals:

A
  • short-term goals
  • long-term goals
  • stretch goals
  • distal goals
  • proximal goals
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4
Q

explain the different types of goals and plans in an organization

A

an important part of goal setting is to turn short-term and long-term goals into actionable goal plans.

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5
Q

types of plans include:

A
  • operational plans composed of standing plans

- single-use plans

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6
Q

examples of standing plans:

A
  • policies
  • procedures
  • rules
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7
Q

two main types of single use plans:

A
  • programs
  • projects

*other types of plans include tactical plans, directional plans, business plans, and action plans

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8
Q

goal setting theory:

A

developed by Edwin Locke and Gary Latham in the 1960s suggests that human performance is directed by conscious goals and intentions.

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9
Q

The core principles of effective goal setting to motivate workers are presented in five dimensions:

A
  • clarity
  • challenge
  • commitment
  • feedback
  • task complexity
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10
Q

SMART goals

A
Specific 
Measurable 
Attainable
Relevant 
Time-bound (timely)
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11
Q

describe SMART goals and how they are used in organizations

A
  • different business environments need diff types of goals. While SMART goals may be suitable in some circumstances, they may not be suitable in others.
  • SMART goals tend to work when applied to predictable business environments where the future is similar to the past, and the products or services are relatively the same
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12
Q

different types of goal setting approaches-

results-centered approaches to goal setting include:

A
  • SMART goals

- management by objectives (MBO)

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13
Q

Management by Objective (MBO)

A

method in which management and employees agree to specific goals that are then used to evaluate individual performance

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14
Q

main purpose of the MBO approach:

A

to motivate employees rather than control

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15
Q

five steps to the MBO process:

A
  1. ) manager Sets employee objectives
  2. ) manager Develops action plans
  3. ) manager Monitors and reviews progress
  4. ) manager Evaluates performance
  5. ) manager Rewards performance according to results
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16
Q

different type of goal setting approach-

example of a process-centered approach to goal setting:

A

total quality management (TQM)

17
Q

main aspects of total quality management (TQM) include:

A
  • striving for long-term solutions rather than short-term gains
  • rectifying errors and delays as quickly as possible
  • focusing on the customer as the main priority
  • continually improving systems and people performance
  • investing in ongoing training programs and workshops
  • building teams motivated to be innovative and creative
  • creating an environment where all employees are involved in providing ideas and feedback
18
Q

different types of goal-setting approaches-

a contingency model of goal setting:

A

considers tasks in terms of straightforwardness, ambiguity, and flexibility and how managers and employees can change the nature of the goal-setting process to better fit the type of task required

19
Q

performance dashboards:

A

provide a visual representation of an organizations strategies and goals, which allows managers to easily track progress toward metrics and goals in real time.

  • performance dashboards provide managers access to key performance indicators (KPIs)
20
Q

a balanced scorecard focuses on three key non-financial areas:

A
  1. ) relationships with customers
  2. ) key internal processes
  3. ) learning and growth