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10 Cards in this Set
- Front
- Back
Efficiency and Effectiveness |
Efficiency- Defined as getting the most output from the least amount of effort. Doing things right. Effectiveness- Defined as how well the process actually accomplishes attended purpose. Doing the right thing. |
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Efficiency and Effectiveness Cont. |
Resource Usage is low. Goal attainment is high. Management strives for: Low resource usage (High efficiency.) and high goal attainment (High Effectiveness) |
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Four functions of management. |
Planning, organizing, leading, and controlling. |
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Planning |
Planning refers to defining goals, establishing strategy, and developing to coordinate plans. Kodak filed bankruptcy in 2012, right after it announced it will join the digital image market. At the same time, instagram was bought by facebook. |
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Organizing |
Organizing refers to determining what needs to be done, how it will be done, and who is to do it. Consider Barcelona |
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Leading |
Leading refers to motivating, leading and other actions that involved in dealing with people. Alan Mulally, Ford Ceo, took over in 2006 and philosophy was "communication, communication, and communication." |
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Controlling |
Controlling refers to monitoring activities to ensure that they are accomplished as planned. Southwest sets a budget. Power wash. |
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Self-Management Process |
Self-assessment and planning. Goal Setting. Self and environmental control. Evaluating and rewarding progress. |
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Wonderlic test |
Maximum test for Wonderlic test is 50, and on average people score 21 |
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Big Five Model |
Extraversion- The degree to which someone is sociable, talkative, assertive, and comfortable in relationships with others. Agreeableness- The degree to which someone is good-natured, cooperative, and trusting Conscientiousness- Reliable, responsible, dependable, persistent, and achievement orientated Emotional Stability- Degree to which someone is calm, enthusiastic, and secure. Openness to experience- The degree to which someone has a wide range of interests and is imaginative, fascinated with novelty, artistically sensitive and intellectual. |