Outcome 2 Flashcards
Negotiation
Is reaching a mutual decision with both parties being flexible. Negotiation involves exploring options and listen to and question the other party.
Delegation
Is the transfer of authority and responsibility from a manager to an employee to carry out specific tasks.
The manager sets the task but the employee is responsible for its completion.
Teamwork
The interaction of individuals within teams/ groups.
Problem solving
management skills
Is a broad set of activities involved in searching for, identifying and then implementing a course of action to correct an unworkable situation. Problem solving is finding a solution to an issue.
Time management
management skills
Involves the ability to prioritise tasks, set deadlines, review progress and delegate. Time management involves managing the amount of time you have.
Decision making
management skills
Is the process of identifying the options available and then choosing a specific course of action.
Decision making involves choosing an appropriate alternative to implement.
Key management skills
All managers use their skills to achieve the objectives of the organisation.
They include:
Communication, delegation, negotiation, teamwork, problem solving, decision making, time management, stress management, emotional intelligence.
Stress management
Involves the ability to manage the levels of stress that develops in employees. Managers use stress skills to help staff cope in their work environment.
Emotional intelligence
Is the skill of identifying, Assessing and managing the emotions of self and others.
Corporate code of conduct
Is a set of ethical standards for managers and employees to uphold. A corporate code of conduct can be generated through a document stating the guidelines of which need to be followed.
Social report
A social report outlines what an organisation has done and is doing with regard to social issues. A social report states the organisations socially responsible practices.
SWOT analysis
This involves the identification and analysis of the internal strengths and weaknesses of the organisations and the opportunities in, and threats from the external environment.
Communication
Involves the ability to transfer information from a sender to a receiver and to listen to feedback.
Communication can be verbal or non verbal.
Corporate culture
Refers to the values, ideas, expectations and beliefs shared by members of the organisation. The style or character of an organisation is consequently reflected in its culture.
POLC
Planning
Planning is the process of setting objectives and deciding on the methods to achieve them. Planning can be strategic planning which is long term, tactical planing which is medium term and operational planning which is short term
POLC
Organising
Is the process of arranging resources and tasks to achieve objectives. Organising allows the organisations objectives to become reality. It includes task allocation like allocating jobs and resource allocation involving employees and equipment.