EXAM 1 Flashcards
4 Functions
Planning
Organizing
Controlling
Leading
Planning
Setting goals and deciding how to achieve them
Goals
Objectives
Strategies
Plans
Organizing
Arranging tasks, people, and other resources to accomplish the work
Structure
Human resource management
Leading
Motivating, directing, and influencing people to work hard to achieve the organization’s goals
Motivation
Leadership
Controlling
Monitoring performance, comparing it with goals, and taking corrective action as needed
Standards
Measurements
Comparison
Actions
Tools
Decision-making
Negotiation
Communication
The Art of M
Efficiency
Effectiveness
Efficiency
Getting it done, without using a lot of resources (fewest hours possible)
Effectiveness
Meeting the deadline
Top managers
Make long-term decisions
Determine overall direction
Middle managers
Implement policies and plans
First-line managers
Direct daily tasks
Make short-term operating decisions
Non-managerial employees
Do not fully supervise or manage other people
Bulk of company’s workforce
Interpersonal
Figurehead
Leader
Liaison
Informational
Monitor
Disseminator
Spokesperson
Decisional
Entrepreneur
Disturbance handler
Resource allocator
Negotiator
Technical skills
The ability to perform a specific job
Human skills
“Soft skills”
The ability to interact well with people
Conceptual skills
The ability to think analytically
Gladwell’s application to management
- Measure things
- The one best (or perfect) answer is not always the winner
- Employees may not all know what they want from work
- Don’t look for the perfect management solution, look for the perfect management solutions
- Embrace diversity
Triple bottom line
- Represents people, planet, and profit (the 3 Ps)
- Measures an organization’s social, environmental and financial performance
Ethics
Standards of right and wrong that influence behavior
Values
Relatively permanent and deeply held underlying beliefs and attitudes that help determine a person’s behavior
Ethical behavior
Behavior that is accepted as “right” as opposed to “wrong”
Ethical dilemma
Situation in which you have to decide whether to pursue a course of action that may benefit you or your organization but that i unethical or even illegal
Why do good people go bad?
- Need
- Ego
- Opportunity
Social contract
Set of written and unwritten rules and assumptions about acceptable interrelationships among various elements of society (involves quid pro quo)
MBTI
- Topological
- Decide between 2 choices
- Widely used
Big 5
- Dimensional
- Along a scale
- Widely used
Core self-evaluation (4 positive individual traits)
- Self-efficacy
- Self-esteem
- Locus of control
- Emotional stability
Self-efficacy
Belied in one’s ability to do a task
Self-esteem
The extent to which people like or dislike themselves