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55 Cards in this Set

  • Front
  • Back

ultimate foundations of organizational performance

Talent

collective brainpower or shared knowledge of a workforce

Intellectual Capital

critical asset to employers and adds to the intellectual capital of an organization

Knowledge worker's mind

Intellectual Capital Equation

Commitment x Competency = IC

A person's ability to use technology to stay informed

Technology (Tech IQ)

worldwide interdependence of resource flows, product markets and business competition that characterize our economy

Globalization

occurs when firms shift jobs from one country to another

Job Migration

Code of moral principle that set standards of what is good and right in one's behavior

Ethics

ETHICAL EXPECTATIONS FOR MODERN BUSINESSES

Integrity and ethical leadership at all levels


Social responsibility


Sustainability

reflects differences with respect to gender, age, race, ethnicity, religion, sexual orientation and able-bodiedness

Diversity (Workforce diversity)

HOW DIVERSITY BIAS CAN OCCUR IN THE WORKPLACE

Prejudice


Discrimination


Glass ceiling effect

Organization consist of three types of workers, sometimes referred to as a shamrock organization

Careers

3 TYPES OF WORKERS

Permanent full time workers


Temporary part time workers


Freelance or contract workers

People change jobs more often and many work on independent contracts

Free-agent economy

Ability to understand oneself, exercise initiative, accept responsibility, and learn from experience

Self-Management

A collection of people working together to achieve a common purpose


It provides useful goods or services

Organization

A very important notion for organizations

Value Creation

It is created when an organization's operations adds value to the original cost of resource inputs

Value

WHEN VALUE CREATION OCCURS

Businesses earn a profit


Nonprofit organizations add wealth to society

An overall measure of the quantity and quality of work performance

Productivity

An output measure of task or goal accomplishment

Performance Effectiveness

An input measure of the resource costs

Performance Efficiency

Directly supports, activates and is responsible for the work of other

Manager

LEVELS OF MANAGEMENT

Board of Directors


Top Managers


Middle Managers


Team Leaders

make sure the organization is run right

Board of Directors

responsible for performance of an organization as a whole

Top Managers


oversee large departments and division

Middle Manager

supervise non-managerial workers

Team Leaders

TYPES OF MANAGER

Line Manager


Staff Manager


Functional Manager


General Manager


Administrator

responsible for work activities

Line Manager

use technical expertise to advise and support the efforts of line workers

Staff Manager

responsible for a single area of activity

Functional Managers

responsible for more complex units that include many functional ares

General Manager

work in public and nonprofit organization

Administrators

An indicator of the overall quality of human experiences in the workplace

Quality of Worklife

the process of planning, organizing, leading and controlling

Management

4 FUNCTIONS OF MANAGEMENTS (THE MANAGEMENT PROCESS)

Planning


Organizing


Leading


Conrolling

process of setting objectives

Planning

process of assigning tasks, allocating resources and coordinating work activities

Organizing

process of arousing people's enthusiasm

Leading

process of measuring work performance

Controlling

MINTZBERG'S 10 MANAGERIAL ROLES

Interpersonal


Figurehead


Leader


Liaison


Informational


Monitor


Disseminator


Spokesperson


Desicional


Entrepreneur


Disturbance Handler


Resource Allocator


Negotiator

CHARACTERISTICS OF MANAGERIAL WORK

long hours


intense pace


fragmented and varied task


many communication media


filled with interpersonal relationships

Develops action priorities for accomplishing goals and plans

Agenda Setting

Process of creating positive relationship with people who can advance help advance agendas

Networking

Capacity to get things done with help

Social Capital

The change in behavior that results from experience

Learning

The process of continuously learning from daily experiences and opportunities

Lifelong Learning

KATZ'S ESSENTIAL MANAGERIAL SKILLS

Conceptual Skills


Human Skills


Technical Skills

The ability to think analytically

Conceptual Skills

The ability to work well in cooperation with other people

Human Skill

The ability to apply expertise

Technical Skills

EXPERIENCE AND SELF ASSESSMENT

Wisdom: Learning from others


Insight: Learning about yourself


End Chapter Further Reflection


End Chapter Self Assessment

INQUIRY AND REFLECTION

Follow the Story


Research Brief


Learning Checks


End Chapter Self Test

ANALYSIS AND APPLICATION

Ethics on the Line


Factors for Analysis


End Chapter Class Exercise


End Chapter Case Study