Revvvv Flashcards
Define Social Enterprises
A social enterprise is a business that aims to make a profit and improve the community or environment
Define communicating
The ability to effectively transfer information from a sender to a receiver, and to listen to feedback, to produce the required response.
Define delegating
the ability to transfer authority and responsibility to employees for defined tasks
Define interpersonal
The ability to deal or liaise with people and build positive relationships with staff
Define Leading
Leading is the ability to influence or motivate people to work towards the achievement of business objectives.
Define decision-making
The ability to determine a suitable course of action for the business from a range of alternatives
Define planning
The ability to establish objectives and strategies to achieve them
What is Locke and Latham’s Motivation theory?
: A motivation theory based on the view that motivation at work comes from setting, progressing towards and achieving goals
What 5 conditions must goals meet to be motivating (Locke and Latham)?
Commitment – process for setting goals = negotiation b/w employee and manager à employee involvement in process is central to Locke’s theory
Clarity - Clear goals = measurable and unambiguous (these goals should align with the business goals)
Level of Challenge – the more challenging the goal the more effort from employees BUT only if goals are accepted by the employee; therefore, need to feel achievable (i.e. a stretch NOT a leap)
Task complexity - Give the person sufficient time to meet the goal or improve performance. Provide enough time for the person to practice or learn what is expected and required for success.
Feedback – regular + linked to goals throughout process = provide recognition + adjust goals if necessary
Define Takt
Calculate how much time there is to manufacture a single product to meet customer demand
Define reduce
A waste minimisation
strategy that aims
to decrease the amount
of resources, labour,
or time discarded
during production.
Define reuse
A waste minimisation
strategy that aims to
make use of items
which would have
otherwise been
discarded. (same thing)
Define recycle
A waste minimisation
strategy that aims
to transform items
which would otherwise
have been discarded.
Define the Learning Organisation
A learning organisation = a business that facilitates the learning of its employees and continuously transforms itself to adapt to changing environments an organisation where individuals seek to continuously improve and achieve their desired results.
Importance of reviewing KPI’s during change
Eval situation -> suggest change -> change