FSB Section 2 - Organizational functions

All key departments of a business/organization

Marketing, HR, Research and Development, Accounting, IT

Marketing department

advertises, brands, and serves as face of the company

HR

Deals with anything employee related

Research and development

product implementation and development

Accounting

handles all company financials and resources

IT

deals with anything related to technology

Individual contributor

a non-managerial employee who uses personal skills to support a team, so basically they are just a regular employee

Interpersonal (manager role)

Managers build relationships, communicate within and outside the company, act as role models, and evaluate and motivate employees to improve productivity.

Informational (manager role)

Managers gather, analyze, and share business information to help prioritize and implement strategies effectively

Decisional (manager role)

Managers make decisions, allocate resources, negotiate, and plan ahead to respond to challenges and ensure the successful execution of strategies.

Leader

someone who guides other towards a common goal

Organizational Culture

the shared values, beliefs, and norms of an organization that affect the strategies and operating procedures of the business 

competing values framework (CVF)

categorizes organizational culture into four distinct types: Clan, Adhocracy, Hierarchy, and Market.

Clan (cvf)

family like and friendly to people. small town type work environment

Hierarchy (cvf)

structured and process oriented, conscientiousness

Market (cvf)

a results-oriented culture that is externally focused on competition, productivity, accountability to shareholders. companies such as NVIDIA

Adhocracy (cvf)

people-oriented, adjustable, entrepreneurial

ASA Model

a theory that outlines how employees join and leave organizations based on three interrelated dynamic processes: Attraction, Selection, and Attrition.

Attraction (asa)

Individuals are attracted to organizations that are like themselves in terms of personality and values.

Selection (asa)

Organizations are more likely to select those with skills and values similar to the ones their existing members possess

Attrition (asa)

Over time, those who do not fit in well are likelier to leave.

Person-organization fit

values, personality, and goals matching

Person-Job fit

skills, knowledge, and abilities matching