midterm Flashcards
What is maplewave
A provider of software and retail optimization services for the telecommunications industry
· Specializes in telecommunications for the retail sector
· In some countries, you can’t buy a mobile phone without using Maplewave software
o This is because of its popularity in many countries
profit-sharing program
invests employees in the business’s performance by encouraging efficiency, entrepreneurship, and cost-saving strategies
o After year-end financial results are finalized, Maplewave shares 5% of net income with employees
o The profit-sharing plan has been enhanced with a matching Registered Retirement Savings Plan (RRSP) matching up to 50% of the bonus amount
Organizations
are social interventions for accomplishing common goals through group effort
Social Interventions
When we say that organizations are social interventions, we mean that their essential characteristic is the coordinated presence of people, not necessarily things
· The field of organizational behaviour is about understanding people and managing them to work effectively
study organizational behaviour
are interested in attitudes – how satisfied people are with their jobs, how committed they feel to the goals of their organization
Human Resources Management
· Refers to programs, practices, and systems to acquire, develop, motivate, and retain employees in organizations
· Knowledge of organizational behaviour will help you understand human resource management
o Organizational behaviour often provides the theoretical basis for human resource practices such as selection (personality), training and development (learning), and compensation (motivation)
what are the main factors that differentiates organizations
their workforce and human capital
Human capital
Refers to the knowledge, skills, and abilities (KSAs) embodied in an organization’s employees
§ It includes employees’ education, training, and experience
§ Human capital is strongly and positively related to organizational performance and is a key determinant of an organization’s competitiveness and success
Social Capital
Refers to the social resources that individuals obtain from participation in a social structure
o It has to do with interpersonal relationships, social ties, and one’s network of relationships with others who can assist them in their work and careers
o It creates value for individuals and organizations and is positively related to job performance
Evidence-based Management
Involves translating principles based on the best scientific evidence into organizational practices
o Approach a problem with a systematic understanding of behavioral science and organizational behaviour research and using that research to make decisions
organizations are? key characteristics of organizations?
organizations are social inventions for accomplishing common goals through group effort. key characteristics - social inventions -goal accomplishments -group effort
what is organizational behaviour
- the attitudes and behaviours of individuals and groups in organizations
- how organizations can be structured more effectively
- how events in the external environments affect organizations
organizational behaviour has 3 agreed upon goals
- predicting organizational behaviour and events
- explaining OB and events in organizations
- managing OB
managing OB
- art of getting things accomplished in organization through others
- if behaviour can be predicted and explained it can often be managed
- prediction and explanation involves analysis while management is about action
- effective management involves evidence-based management
4 issues organizations and managers are concerned with
- diversity, local and global
- employee health and well being
- talent management and employee engagement
- corporate social responsibility CSR
what is personality
- psychological characteristics, that influence how someone interacts with their environment
- how they feel, think and behave
- dimensions and traits determined by genetic predisposition and ones long term learning history
- people have a variety of personal characteristics
the role of personality in organizational behaviour has often been debated in what is known as the person-situation debate. It led to 3 approaches
- dispositional approach
- situational approach
- interactionist approach
dispositional approach
- focuses on individual dispositions and personality
- individuals possess stable traits or characteristics, influence attitudes and behaviours
- individuals are predisposed to behave in certain ways
situational approach
-characteristics of the organizational setting such as rewards and punishment influence peoples feelings, attitudes, behaviours
interactionist approach
- organizational behaviour, (individuals attitudes and behaviour) is a function of both dispositions and the situation
- to predict and understand organizational behaviour, we need to know something about an individuals personality and the work setting
- the interactionist approach is the most widely accepted perspective within organizational behaviour
locus of control
set of beliefs about whether ones behaviour is controlled mainly by internal or external factors
high external control
behaviour determined by, fate, luck, powerful people
high internal control
behaviour determined by, self intiative, personal actions, free will
what is learning
learning occurs when practice or experiences leads to a relatively permanent change in behaviour potential
two theories that describe how people in organizations learn
- operant learning theory
- social cognitive theory
operant learning theory
- learning in which the subject learns to operate on the environment to achieve certain consequences
- is the connection between the behaviour and the consequence that is learned
- operant learning can be used to increase the probability of desired behaviours ad to reduce or eliminate the probability of undesirable behaviours
reinforcement
- reinforcement is the process by which stimuli strengthen behaviours
- a reinforcer is a stimulus that follows some behaviour and increases or maintains the probability of the behaviour
positive reinforces
work by their application to a situation
negative reinforcers
work by their removal from a situation
managers make the following errors when trying to use reinforcers
- confusing rewards with reinforcers
- neglecting diversity in preferences for reinforcers
- neglecting important sources of reinforcement