Ptt1 Managing In a New Age Flashcards
is the onwership of particular intangible or non-physical goods. These good include symbols,designs,artworks, and other creations
Intellectual Property (IP)
is the obligation of the producer or supplier (attached to the product) to provide restitution for whatever losses associated with the product’s use.
Product Liability
is any physical force unlawfully exercised towards the company property or employees.
Workplace Violence
makes sure that goods flow from the point of origin to the ultimate point of destination.
Supply Chain
Through this practice, the company becoems prepared for a smooth transition and continuity when there is sudden death,retirement,or termination of key figures even as high as the chief executive officer.
Business Continuity: Succession Planning
Theres no easy way to handle calamities except to have contingency plans.
Natural disasters
Early warning signs of erring employees can be dected throught background checks.
Dishonest and Unethical Behavior
The thrid wave organization Characteristics
Flexibility - able to adjust and reivent itself to cope in a fast changing enviroment
Creativitiy- commited to a vision; with a direction
Innovation - risk-taker; new perspectives in attiudes,values, and behavior
is often associated with working at home or away from the office while employees computer is hooked to the central computer of the company
Telecommuting
it is the fundamental rethinkin of radical redesign of the business processes to achieve drastic improvements in performance
Reengineering
is a term coined by peter vaill.
High performing systems (HPS)
HPS characteristics
- the organization has a clear vission and mission
- the organization is commited to achieving its goal.
- teamwork is focused on the task or activity
- leadership is strong and clear
- the organization is rich source of innovation and new methods
- the organization has a clear boundary that sperates it from the enviroment.
- HPS avoids external control and comes up with its standards
- the organization is considered as a cohesive unit
also called Leadership through quality (lTQ) and continous quality improvement (CQI) its a organizational strategy of improving custoemr satifaction by developing procedures to mange output qaulity.
Total quality management (TQM)
Dimensions of Quality
- Performance - primary operating characteristics of a product
- Feature - add-ons- or supplement
- Reliability - no malfunctions or breakage for a specific period of time
- Conformance - degree of meeting standards
- Durabilitiy - a product’s life
- Serviceablitiy - speed and ease of repair
- Aesthetics - a product’s look
- Perceived Quality - quality as received by customers
Threats of survival
Intellectual property
Product liability
Work place violence
Supply chain
Business continuity: succession planning
Add
Natural disasters
Dishonest and unethical behaviour