Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
39 Cards in this Set
- Front
- Back
- 3rd side (hint)
Empowerment |
Giving employees shared authority, responsibility and decision-making with their managers. Giving them broad authority to make workplace decisions. |
Ethos |
|
Benefits of: EMPLOYEE STOCK OWNERSHIP PLANS |
- Give employees stock ownership, leading to potential profits as the value of the firm increases. - Motivates employees to work smarter and harder so they can share in the firms financial success. |
What do they do? |
|
Stock Options |
1. Right to buy a specified amount of company stock at a given price within a given time period. 2. Being offered more frequently to employees at all levels 3. Approximately 1/3 of all options got to the top five executives at a firm. |
1. What options do employees have 2. Frequency to whom 3. Who gets priority? |
|
Employee stock ownership plans |
• Company-sponsored trust fund holds Shaws of stock for employees • Usually covers all full time employees • Employer pays for the shares of stock • Employees receive stock shares (or value of stock) when they retire or leave the company. |
4 options |
|
Stock options for employees. |
• Company gives employees the option to buy shares of its stock • Can be granted to one, a few, or all employees • Employees pay a set price to exercise the option • Employees receive shares of stock when (and if) they exercise the option, usually during a set period. |
4 |
|
Team |
Group of people with certain skills who share a common purpose, approach, and performance goals |
|
|
Work teams |
Relatively permanent groups of employees with complementary skills who preform the day to day work of organizations. |
|
|
Five types of teams |
• self managed teams • cross-functional teams • virtual teams • work teams • problem-solving teams |
|
|
Self-managed Teams |
Teams that are empowered to decide how they complete their daily tasks. |
|
|
Cross-functional teams |
Teams that are made up of members from different functions or parts if a firm. |
|
|
Virtual teams |
Groups of geographically or organizationally separated coworkers who use technology to communicate and work together. |
|
|
Problem-solving teams |
These teams comprise knowledge workers who meet to solve specific problems then disband. |
|
|
Team size |
Under 12. Ideally 6-7 |
|
|
Team level |
The teams average level of ability, experience, personality, and any other factors. |
|
|
Team diversity |
The teams differences of ability, experience, personality, and any other factors. |
Opposite of team level |
|
What are the stages of team development? |
Forming Storming Norming Performing Adjourning |
5 |
|
Forming stage |
Orientation |
|
|
Storming stage |
Conflict, disagreement |
|
|
Norming Stage |
Establishment of order and cohesion |
|
|
Performing Stage |
Cooperation, problem solving. |
|
|
Adjourning stages |
Task completion |
|
|
Team cohesiveness and norms |
The extent to which team members feel attracted to the team and motivated to remain part if it. |
|
|
Team norm |
A standard of conduct shared by team members that guides their behaviour |
|
|
Cognitive conflict |
A disagreement that focuses on problem and issue related differences if opinion. |
|
|
Affective conflict |
As disagreement that focuses on individuals or personal issues. |
|
|
Process if communication |
Sender ➡ receiver: contex Receiver ⬅ sender: noise |
Channels |
|
Encoding a message includes what? |
Translating the meaning into understandable terms |
|
|
Low context cultures rely on what? Give examples of these countries. |
- explicit written and verbal messages Canada, US, Switzerland, Germany, Austria |
|
|
High context cultures rely on what ? Give examples of countries that are like this. |
Communication depends not only on the message but also on the center. Is nonverbal cues, past and present experiences, and personal relationships between the parties. Japan, Latin America, India |
|
|
What are the basic forms of communication ? |
1. Oral 2. Written communication 3. Formal communication 5. Informal communication 6. Nonverbal communication |
|
|
Cynical listening |
Receiver of a message feels that the sender is trying to gain some advantage from the communication |
Form of Oral Communication ( aka defensive) |
|
Offensive listening |
Receiver tries to catch the speaker in a mistake or contradiction |
Oral Communication |
|
Polite listening |
Receiver listens mechanically to be polite rather than to communicate |
Oral Communication |
|
Active listening |
Requires involvement with the information and empathy with the speakers situation |
Oral Communication |
|
When is written communication more effective? |
Reflects it's audience the channel carrying the message and a suitable degree of formality. |
|
|
Characteristics of formal communication |
Flows within the chain if command - Downward communication - Upward communication Open and honest communication is key |
|
|
Informal communication |
Grapevine: is an internal information channel that passes information from unofficial sources. |
Gossip |
|
Nonverbal communication |
Gestures, posture, eye contact, tone and volume, dress & grooming |
|
|
External communication |
A meaningful exchange of information through messages sent between an organization and it major audiences . |
CLUBRED |