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Manager
An individual who is responsible for overseeing and directing the activities of others.
Career Readiness
Having the skills, competencies, aspirations, and goals needed to move forward successfully in a career.
Critical Thinking Tests
Analytics, Choices, Ethics, Issues, Insight, Cases.
Levels of Managers
Top managers, Middle managers, First-line managers/team leaders.
Accountability
The requirement to answer to a higher authority for performance achieved in one’s work area.
Effective Manager
Helps people and organizations perform by achieving high performance and satisfaction.
Quality of Work Life (QWL)
The overall quality of human experiences in the workplace, including satisfaction and performance.
Upside-Down Pyramid Model
A model showing that managers support workers at the bottom to serve customers at the top.
Functions of Management
Planning, Organizing, Leading, Controlling.
Managerial Roles
Interpersonal, Informational, Decisional.
Agenda Setting
Identifying clear priorities.
Networking
Building positive relationships.
Social Capital
Attracting support to get things done.
Essential Managerial Skills
Technical, Human, and Conceptual skills.
Emotional Intelligence
The ability to manage ourselves and our relationships effectively.
Globalization
The worldwide interdependence of resource flows, product markets, and business competition.
Global Sourcing
Buying goods/services from other countries.
Job Migration
Outsourcing shifts jobs abroad.
Reshoring
Bringing jobs back domestically.
Ethics
A code of moral standards for what is right or wrong.
Corporate Governance
Oversight of management decisions by the board of directors.
Workforce Diversity
Differences among workers in gender, age, race, ethnicity, religion, sexual orientation, and ability.
Discrimination
Denying women and minorities full organizational membership benefits.
Prejudice
Negative irrational attitudes toward women and minorities.
Glass Ceiling Effect
An invisible barrier limiting career advancement for women and minorities.
Intellectual Capital
Collective brainpower or knowledge of workers, formula: Competency × Commitment.
Shamrock Organization
Structure with full-time core workers, independent contractors, and part-time/temporary workers.
Self-Management
The ability to assess and actively manage personal development and personal brand.
Personal SWOT Analysis
Analyzes strengths, weaknesses, opportunities, and threats for self-awareness and career planning.
Scientific Management
A management theory developed by Frederick Taylor focused on efficiency.
Principles of Scientific Management
(1) Develop a science for each job, (2) Hire workers with correct abilities, (3) Train and motivate workers, (4) Support workers.
Bureaucracy
A management structure characterized by clear division of labor and hierarchy of authority, developed by Max Weber.
Disadvantages of Bureaucracy
Red tape, slow problem-solving, rigidity, resistance to change, employee apathy.
Administrative Principles
Developed by Henri Fayol; focuses on management functions and effectiveness.
Scalar Chain Principle
Clear communication line from top to bottom in an organization.
Unity of Command Principle
Each employee should receive orders from only one boss.
Fayol's Duties of Management
Foresight, Organization, Command, Coordination, Control.
Mary Parker Follett
Visionary leader who promoted cooperation, social responsibility, and employee ownership.
Hawthorne Studies
Research showing that psychological and social factors significantly affect worker output.
Hawthorne Effect
People improve performance when singled out for attention.
Maslow's Hierarchy of Needs
A theory outlining five levels of human needs: Physiological, Safety, Social, Esteem, Self-actualization.
Theory X Assumptions
Workers dislike work, lack ambition, resist change.
Theory Y Assumptions
Workers are willing to work, self-controlled, responsible.
Contingency Thinking
The concept that no single management approach works for all situations.
Total Quality Management (TQM)
A comprehensive approach focused on continuous improvement organization-wide.
Evidence-Based Management (EBM)
Making management decisions based on hard facts and proven results.