Fundamentals for success in business Flashcards
Controlling your thoughts and impulses in order to manage your internal state
self-regulation
knowing your inner preferences, beliefs and resources in order to recognize patterns in your behavior and thoughts
self-awareness
Law aimed at improving corporate transparency by requiring clear reporting practices
sarbanes-oxley act (SOX)
Ability to grant an award to an employee in exchange for job performance
Reward Power
When the receiver is preparing what to say in response instead of actively listening to the senders message
Rehearsing
Ability of a leader to influence people because of their attraction and respect to the leader
Referent Power
Using facts, data and logical argument to try and convince others that your point of view is the best alternative
Rational Persuasion
Information that’s exchanged in a business context for the commercial benefit of an organization
Professional Communication
The management initiative to design work processes so that they align with the organizations strategic goals
Process Management
the ability to influence the behavior of others to get what they want
Power
The relatively stable feelings, thoughts, and behavioral patterns a person has
Personality
Codes, principles, and values that shape our interaction with others
Personal Ethics
Emotional Intelligence (EI) competence related to self-awareness, self-regulation and motivation
Personal Competencies
Information that is exchanged between sender and recipient for personal purposes
Personal Communication
The degree to which a person’s values, personality, goals and other characteristics match those of the organization
Person-Organization Fit
The degree to which a person’s skill, knowledge, abilities, and other characteristics match the job demands
Person-job Fit
Leadership style that is primarily concerned with interpersonal relations in the workplace
People-Oriented Style
Illegal-Ethical conflict in which U.S. government officials leaked top secret papers to inform the public about government actions during the vietnam war
Pentagon Papers
Indirect communication style that uses hidden messages to express needs and ideas
Passive-Aggressive Communication style
Tentative Communication style used by those who are hesitant to speak up
Passive communicator
Leadership style that seeks input from subordinates
Participative Style
A system used to define a hierarchy within an organization
Organizational Structure
Rules, principles, and standards for deciding what is morally right or wrong when doing business
Organizational Ethics
The shared values, beliefs, and norms of an organization that affect the strategies and operating procedures of the business
Organizational Culture
Expressing information or ideas through spoken words
Oral Communication
Expressing information without the use of words such as body language, tone of voice, facial expressions and even silence
Nonverbal Communication
Rules people develop as a result of cultural norms and values and are traditionally passed down through generations and characterize a cultural group
Morals
Consciousness of the present moment
Mindfulness
Focusing all of your energy and attention on one specific area of the present moment
Meditation
Hierarchial, bureaucratic, organizational structure characterized by (1) centeralization of authority, (2) formalization and practices, and (3) specialization of function
Mechanistic
An organization model developed in the 1980’s by Tom Peters and Robert Waterman that analyzes 7 key internal aspects of an organization that need to be aligned if it is to achieve its objectives and improve performance
McKinsey 7-S
An individual who oversees a certain group of tasks or a certain subset of a company and often has a staff of people who report to them
Manager
Cunning, scheming and unscrupulous
Machiavellian
Extent to which an entity believes the current and anticipated circumstances and its response to them are within its control
Locus of Control
Power that comes from one’s organizational role or position
Legitimate Power
Dilemma in which established laws are not in accordance or do not uphold the ethical choice
Legal-Unethical
When the law and personal organizational ethics are in accordance with each other
Legal-Ethical
An act that is allowed or is in conformity with the law of the land
Legal
Manner and approach of direction implementing plans and motivating people
Leadership Style
The activity of leading a group of people or an organization or the ability to do this
Leadership
A person who holds a dominant position within a field and can exercise a high degree of control or influence over others
Leader
A largely “hands-off” leadership style that provides considerable freedom to subordinates. Tends to lead non-cooperation of team members
Laissez-Faire Style
Facts, information, and skills acquired by a person through experience or education
Knowledge
Self-reflective process of recording thoughts and emotions from day to day in order to identify patterns
Journaling
Refers to supervisory functions, such as planning coordinating work activities and providing resources
Job-Centered Behaviors
Degree to which an organization operates with openness, communication, and accountability
Internal Transparency
A number representing a person’s reasoning ability as compared to the statistical norm on average for their age
IQ Intelligence Quotient
The ability to acquire and apply knowledge and skills
Intelligence