Intro to Pharmacy Management Flashcards

1
Q

What is Management?

A
  • Management is the art of maximizing productivity by using and developing people’s talents
  • Providing self-enrichment and opportunities for growth
  • Largely focuses on maximizing human capital
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2
Q

Effective Managers understand…

A
  • Context in which their organization exists
  • Organization’s culture
  • Industry and organization specific knowledge
  • Utilize resources to learn who is who, what matters, and how things work
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3
Q

Effective Managers are able to…

A
  • Understand organization decisions and pharmacy-related changes
  • Anticipate emerging needs and help employees make sense of new changes
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4
Q

What department makes successful managers?

A

Human Resources

  • Surrounds manager with talented people
  • Develop individuals into high performing team members
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5
Q

HR: Hiring for Success

A
  • Aim to hire excellent people since it is critical for executing projects and achieving results
  • Skilled interviewing and planning desired traits/experience in advance is essential to hiring the right person
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6
Q

HR: Motivation

A

Factors Influencing Employee Motivation:

  • Attainment-Set both short and long term goals
  • Power-Allow for employee input which instills motivation
  • Belonging-Create an environment of collaboration
  • Independence- Allow the employee latitude to find the best way to achieve the desired results
  • Respect- Recognize employees’ contributions and acknowledge the value of their opinions
  • Equity- Take care to be fair when making decisions about your staff’s work schedules, job titles, scope of responsibilities
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7
Q

Employee engagement enhances…

A
  • Performance
  • Increases discretionary efforts
  • Strengthens commitments
  • Supports retention
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8
Q

Establishing Goals

A
  • Look to managers to be clear with expectations and outcome measures
  • Goals should be SMART
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9
Q

SMART

A
S- Specific
M- Measurable
A- Agreed upon
R- Realistic
T- Time Based
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10
Q

Feedback should be…

A
  • Direct
  • Rely on evidence
  • Talk about employee and not themselves
  • Provide positive feedback in public and negative in private
  • Let employees propose solutions
  • Express confidence in employee’s ability to succeed
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11
Q

Coaching for Success

A
  • Interactive process to enhance employee performance and capabilities
  • Three components: technical help, personal support, individual challenge
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12
Q

Communicating with Impact

A
  • Both verbal and non-verbal

- Four elements of communication: sender, receiver, message, and environment

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13
Q

To successfully communicate, understand that…

A
  • What you say may not be what the receiver hears
  • Sender and receiver have different interest levels
  • Receiver may not be interested in message
  • Communication is influenced by body language, facial expressions, etc.
  • Message “packaging” can enhance/deter message transmission
  • People differ in how they like to receive information
  • People often need to receive the message multiple ways/times
  • Having the receiver repeat the message can help determine if the message was understood
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14
Q

Negotiating

A

-Supports productive and long-term relationships

Involves the following:

  • Identify your own interests
  • Seek to understand the interest of the other party
  • Work together to develop potential options
  • Evaluate possibilities
  • Reach agreement that benefits both parties
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15
Q

Problem Solving Process

A
  • Define the problem
  • Analyze the problem
  • Develop possible solutions to the problem
  • Analyze proposed solutions
  • Select the best solution given the environment and parties involved
  • Plan the next course of action (how to implement)
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16
Q

Successful Conflict Management

A

Include…

  • Tenets of principled negotiation
  • Process of problem solving
17
Q

Organizing Team Meetings

A
  • Set the tone for employee interaction
  • Should be supportive and non-threatening
  • Should be held on a regular basis to keep team informed
  • Should be held in conference rooms where seating is arranged to position participants as peers
18
Q

Demonstrating support for team success..

A
  • Removing long-standing irritants
  • Simplifying employees’ lives
  • Assigning team leaders to recommend solutions
  • Providing necessary resources
  • Communicating
  • Providing training
19
Q

Managing time requires…

A
  • Understanding workload
  • Identifying priorities
  • Staying organized
  • Remaining flexible
20
Q

Time-Delegating

A

-One of the most useful time management skills to develop

Most effective when managers….

  • Entrust employees with job
  • Empower employees to get the job done
  • Provide appropriate level of support to employees
  • Hold employees accountable for outcomes
21
Q

To delegate, managers should consider…

A
  • Which decisions to make and which to delegate
  • How frequently to communicate
  • Goals and performance metrics
22
Q

Managing Up

A

Process of working with your boss to obtain the best possible results.

23
Q

Aspects of Managing Up

A
  • Clarify roles and expectations
  • Know boss’ work and communication styles
  • Provide boss with complete information
  • Be dependable and trustworthy
  • Assist boss in better managing their time
  • Be positive and appreciative
  • Disagree with tact and respect
24
Q

Accurate Self Insight

A
  • Regular requests for employee feedback can help improve your effectiveness
  • 360 degree feedback (all angles: employees, peers, boss)
  • Ways to solicit: seek casual advice, formalize the process, trace changes in behavior
25
Q

Planning for Emergencies

A
  • Cannot prevent all emergencies, but can minimize surprises

- Contingency plan: development of strategies to address possible future risks, problems, or undesirable situations

26
Q

Steps in Contingency Planning

A
  • Identify potential problem scenarios
  • Set priorities and goals for these scenarios
  • Identify a range of strategies to address risks/problems
  • Allocate resources and assign responsibilities for implementing strategies
  • Decide when and how strategies should be implemented
  • Implement strategies as needed
  • Evaluate strategies to determine if effective
27
Q

Optimizing Crises

A
  • Generally considered negative
  • Crises-level events can open doors to opportunities
  • Force us to think creatively and develop innovative solutions
28
Q

Planning an Exit Strategy

A
  • Plans for leaving a position, investment, program, or business
  • Should leave both parties well-positioned for future achievements
  • May involve succession planning
  • Exiting individuals should have a personal action plan
  • Exiting organizations should have plans to minimize disruption and protect financial solvency