MGT-475 Final Exam SDSU Young

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157 Terms

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Engagement

the commitment workers make to their employer; refers to high levels of personal investment in the tasks performed on a job; involvement, satisfaction, commitment and enthusiasm for the work

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Meaningful work

the feeling of doing work that matters or makes a difference; a key driver of worker engagement;

- the opportunity to make an impact in the society, customer, workgroup, and yourself increases the meaningfulness of work

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relational energy

the energy workers derive from their relationship with their leader that prompts them to become more work engaged

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Expectancy Theory of Motivation

based on the premise that the amount of effort individuals expend depends on how much reward they expect to get in return

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outcome (valence)

Effort (expectancy) leads to performance (instrumentality), which leads to

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valence

worth or attractiveness of an outcome; has a score from -100 to 100

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instrumentality

an individual's assessment of the probability that performance will lead to a certain outcome

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expectancy

an individual's assessment of the probability that effort will lead to correct performance of the task

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self-efficacy

the confidence in your ability to carry out a specific task

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values

a desire to behave in a way that is consistent with them

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stretch goal

a motivational goal because it requires considerable effort but not so difficult to attain that pursuing the goal results in frustration

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learning goal orientation

improves performance more than a performance goal orientation does

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powerful motivator

recognition and praise is a low, or no cost, ________

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good coaches

effective leaders are ____ ____ and ____ ____ are effective motivators

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executive coaching

one on one development activity contracted between a coach and a manager/leader to help achieve goals related to professional development and/or job performance; a form of coaching where a manager consults with professional coaches to work towards becoming an effective leader

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pros about executive coaching

- Improved self-efficacy

- Enhanced psychological well-being

- Positive personality

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cons about executive coaching

- advice could backfire because the executive coach does not know the particular work setting

- an ethical problem is that executive coaches dive into personal and emotional issues that should be reserved for a mental health professional

- leader could be too dependent on the coach

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Creativity

the production of novel and useful ideas

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the role of a creative leader

is to bring into existence ideas and things that did not exist previously or that existed in a different form

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innovation

the creation of new ideas and their implementation or commercialization

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Steps in the Creative Process

1. Opportunity or problem recognition

2. Immersion

3. Incubation

4. Insight

5. Verification and application

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Opportunity or problem recognition

a person discovers that a new opportunity exists or a problem needs to be resolved

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Immersion

the individual concentrates on the problem and becomes immersed in it

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incubation

the person keeps the assembled information in mind for a while

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insight

the problem-conquering solution flashes into the person's mind at an unexpected time

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verification and application

the individual sets out to prove that the creative solution has merit

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Creative leaders

- knowledge

- cognitive abilities

- personality

- passion for the task and the experience of flow

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Experience of flow

an engrossing experience that makes a task worth doing for its own sake

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Traditional thinking

generally refers to a standard and frequent way of finding a solution to a problem

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creative thinking

looking at a problem in a new light, and transcends conventional thinking about them

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brainstorming

best method for creativity improvement; works best in an organizational culture that fosters innovation

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the morality of enhancing creativity

methods that help generate creative ideas, as well as leadership and managerial actions to enhance creativity, have ethical and moral consequences

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A foundation step in fostering organizational creativity is to establish a vision and mission that includes creativity

true

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cultural brokerage

the facilitation of interaction across parties from different cultural backgrounds

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transformational

emphasize _________ leadership to best enhance innovation and creativity

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Loose-tight leadership

looseness refers to granting space for new ideas and exploration, whereas tightness means finally making a choice among alternatives

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Creativity Axiom

many ideas have to be tried before a commercially successful one emerges

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reliance on networks of contacts

A major feature of communication by leaders is

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conversation

a frank exchange of ideas and information, with an agenda specified or unspecified; face to face

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peer to peer leadership network

a system of social ties with shared interests and commitments, as well as shared work; face to face

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operational leadership network

designed to do an assigned task more effectively; face to face

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personal networks

engage cooperative people from outside the organization to develop personally and advance; face to face

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strategic networks

focus on attaining business goals directly; face to face

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face to face communication networks

A network of live, interpersonal contacts is an essential method for a leader building relationships, motivating others and attaining collaboration

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social media networks

An important use of social media is for the leader to build and maintain a professional network, much like being a member of LinkedIn

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strength of ties perspective

explains the difference between strong and weak ties

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direct ties

directly connected to a person because of a contact you developed

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indirect ties

connected to a person because of a contact you developed from a friend

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true

Three of the most widely used group messaging apps are Slack, Microsoft Teams and Google Workspace

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over-collaboration, time wasting

Group messaging platforms can encourage

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persuasion

combines words and actions to ignite people's imagination

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inspirational and powerful communication characteristics

speaking and writing, nonverbal, basic principles of persuasion

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speaking and writing

be credible, use high impact and provoking words, use business jargon, minimize errors, back up conclusions with data, use anecdotes, write clear and concise

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nonverbal communication

good posture, good pace, loud and confident tone, smile, make eye contact, gesture in a relaxed way ,etc.

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Liking

people like those who like them or who are like them

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basic principles of persuasion

liking, reciprocity, social proof, consistency, authority, scarcity, pre-suasion, altercasting

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reciprocity

people repay the kind

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social proof

people follow the lead of similar others

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consistency

people align with their clear commitments

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authority

people defer to experts

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scarcity

people want more of what they can have less of

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pre-suasion

put people in a receptive mood before asking them for something

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altercasting

you characterize another person as a certain type of person to encourage the person to behave in a desired manner

Ex. "Steve, you are good at customer service so you should be a greeter"

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Listening

provides the opportunity for conversation and is a fundamental management and leadership skill

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three leadership aspects of listening

- show respect by asking open ended questions

- avoid selective listening

- making the rounds (management by walking around)

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Management by walking round

casually dropping by constituents to listen to their accomplishments, concerns, problems and to share information

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confrontation

refers to discussing the true problem

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problem solving

refers to finding a way to resolve the conflict

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mediator

During the confrontation and problem solving session, the leader is placed in a ______ role of being impartial and wants both sides to come to an agreement

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negotiating and bargaining

a basic leadership role; few managers have enough power to get everything they want without negotiating

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7 Cs of Communication

concise

concrete

clear

correct

complete

coherent

courteous

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strategy

a key leadership role; the organization's plan for achieving its vision, mission and goals

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strategic leadership

the process of providing the direction and inspiration necessary to create or sustain an organization

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agility

the ability to quickly reorient the organization to capitalize on valuable opportunities; relevant for knowledge management because part of organizational learning is to spot opportunities and share knowledge to facilitate spotting

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development of business strategy

- planning alone does not create strategy because it can also stem from inspired thinking

- best strategy often emerges from having a grand purpose

- corporate values also influence strategy because well-managed organizations tend to develop strategy to fit what those in power think is important

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the importance of strategic thinking

A central challenge of modern organizations is for leaders at all levels of the firm to think strategically, including seeing the overall picture as they go about their work

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highest paid persons

Authority for the most strategic decisions is often left to the ____-______ ______ opinion

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HIPPO

highest paid persons opinion

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crowdsourcing

an alternative that involves the use of collective intelligence gathered from the public for accomplishing tasks, often through social media

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AI

ability of a computer program or machine to think and learn in a manner that emulates human intelligence

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leader/manager

Strategy and vision must also be implemented or executed by the

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test and learn

a cautious yet effective approach to strategy implementation

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strategic planning

encompasses those activities that ;ead to the statement of the organization's goals and objectives and their chosen strategy

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SWOT analysis

a longstanding method of considering internal strengths and weaknesses as well as external opportunities and threats in a particular situation

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corporate level strategy asks

What business are we in?

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business level strategy asks

How do we compete?

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functional level strategy asks

How do we support the business level strategy?

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different types of business strategies

differentiation, cost leadership, focus or niche, high quality, imitation, strategic alliance, growth through acquisition, etc.

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Knowledge Management

a concerted effort to improve how knowledge is created, delivered and applied; when done effectively, information is shared as needed and helps create a learning organization

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A Learning Organization

a group of people working together to enhance their capacities to create the results they value; one that is skilled at creating, acquiring, and transferring knowledge and at modifying behavior to reflect new knowledge and insights

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CKO

chief knowledge officer; facilitates organizational learning

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tribal knowledge

inside knowledge about how the organization operates; baby boomers are retiring so this is becoming obselete

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3 components of knowledge management

knowledge creation, knowledge dissemination and knowledge application

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knowledge creation

is used to spur innovation, and solicit ideas, insights and innovation from many sources in addition to research and development staff

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knowledge dissemination

through information technology is the most frequent KM activity; it allows group members access to key info and support through intranets and internal online collaboration networks

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knowledge application

the process of making workers better at what they do; helps group members apply learning to their jobs through mentoring, shadowing, on the job training and workshops

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just in time, or when most needed

Practical form of KM is to deliver information

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servant leadership

focuses on increased service to others rather than to oneself; effective in sharing leadership responsibility, and shared leadership enhances creation of knowledge

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transformational leadership

behaviors contribute significantly to encouraging workers to pursue exploratory innovation

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transactional leadership

behaviors facilitate improving and extending existing knowledge and are associated with exploitative innovation (you innovate and you get something out of it)