Ch. 20 - Networking Flashcards Preview

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Flashcards in Ch. 20 - Networking Deck (37):
1

financial capital

money

2

human capital

talents, skills, expertise

3

social capital

value that an individual can derive from his/her contacts- valuable source of info and influence in organization, influence decisions about which business in an org will recieve financial capital- enables individual to leverage human capital in organization- benefitical to indiciudal and organization themselves

4

netwroking

actiives associated with devleoing and managing relationships critical to persons ability to accomplish tasks as well as devlop ersonally and professionaly

5

echo chambers

hearing same info over and over- need diverse contact

6

broker

key contact that connects people who arent otherwiseconnected

7

interpersonal networks

intertwine with organization's performance, fosters ommpvatopm= developed by forgng relationship between people who work together whove donebusiness togetheer or engage in joint activity

8

three distincct type of newtorks

avice network, communication network, trust network

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advice network

people in organization to whome individual tpically goes for advice- seek advice from broad array of indivudal on various issues, technical info/solve problem

10

communication network

used to exchange work related info and can reveal pattern of linkages between employees who talk about work related matters on regular basis

11

trust network

linkage among ppl who share sentisive info an suport aeaach other in a criss, form alliance

12

network characteristics

centrality, broker ability, types of contacts indiv can access

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centrality

indicates how centrally located you are in a network -ease with which you can access any other pseron in network, how much influence one has in organization's social network

14

three conceptions of centrality

degree, closeness, betweenenss

15

degree of centralit

represents number of contacts to whom person is connected in social network- also reperesent number of people peron can clal when she he needs elp

16

closeness centrality

how easily a person can reach all other ppl in network thru his direct and indirect ties- how easy you can reach everyone in network

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indirect ties

refer to connections made to others thru someone else, extent to which one perosn can reach all others in network in fewest steps

18

betweenness

extent to which indivudal falls between aris of other people who many be trying to reach other, extent to which individual falls ons hshortest path that may be used to connect any two indiidual in a network- more you fall in between others wanting to connect w/each other- more clentral in network, likelihood thers will have to go thru num to reach another network

19

brokerage

ac of leveraging network postition to connect people who arent aotherwise connected to one another to generate and control info - large access to social/capitol, can control and shape outcomes

20

social capital

know many people, connect to many others- thru fewest number of ties, connect others

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types of contacts

redundant contacts, nonredundatn contacts, boundary spanners,

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redundant contacts

aka closed networks- contacts in network who know each other and provide each other with same info

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non redundatn contacts

matters most, contacts hwho dont lead to same people with same info- strucutral holes

24

strucutral holes

gap exisiting between two indiidual- exposure to more opportunity connect wiht others not connected to each other

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boundary spanners

individual who connect a network with other parts of comp with other social networks in organization, links own work communication to others that may exist in and out organization, regluatlry communicte, estabilish link within and across organizaiton

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strength of ties types

strong ties, weak ties

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strong ties

frequent , close contact, reduce resist idea, provide comfort, improve info sharing, trust, time commit, silimar intersts

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three charactersits of strong ties

interaction, affection, time

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interaction

crate oportunities for exhange of info

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affection

creates motivation to threat other person in postiive ways

31

time

create expereinces necessary for each person to witness how other person will use shared info

32

weak ties

redundant info usually exist between people who are in diffierent networks- bridges to novel info unavilbe thru redundant strong ties arebridges, link member of dissimlar groups

33

effective social network

by what it has done, not nhow many tiems communicate

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spatial proxiity

connect between people close to one aother (physical)

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self similarity

connect with those similar to us - interest, attributes, can lead to clsoed network , redundant

36

four ways netwrokin clubs differ

focus of interest- missions, membership size, member composition, rules/procedures

37

social capital

useful social netwroks and highy effective netwroks