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9 Cards in this Set
- Front
- Back
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Executive succession
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replacing a key top manager
-Identifying candidates below the top layer of management -Measuring internal candidates against external candidates -Providing financial incentives |
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Performance appraisal system
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identifies good performers with promotion potential
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Assessment centers
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evaluates a person’s suitability for an advanced position
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Job rotation
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ensures employees are gaining a mix of experience to prepare them for future responsibilities
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Downsizing
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The planned elimination of positions or jobs.
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Implementation
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involves leading and coaching people to use their abilities and skills most effectively and efficiently to achieve organizational objectives
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Management by Objectives (MBO)
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encourages participative decision making through shared goal setting and performance assessment based on achieving stated objectives
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Total Quality Management (TQM)
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philosophy that is committed to customer satisfaction and continuous improvement
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TQM initiatives
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-Reduce material, labor and administrative costs
-Shorten R&D cycle time -Increase product demand |
