Chapter 1: The Excpetional Manager Flashcards Preview

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Flashcards in Chapter 1: The Excpetional Manager Deck (19)
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1
Q

Organization

A

A group of people who work together to achieve some specific purpose

2
Q

Management

A

The pursuit of an organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling (POLC)

3
Q

Efficiency

A

To use resources wisely and cost effectively

4
Q

Effective

A

To achieve results, to make the right decisions, and to successfully carry them out so that they achieve the organizations goals

5
Q

4 functions of management

A

Planning
Organizing
Leading
Controlling

6
Q

Planning

A

Setting goals and deciding how to achieve them

7
Q

Organizing

A

Arranging tasks, people, and other resources to achomolish the work

8
Q

Leading

A

Motivating, directing, and otherwise influencing people to work hard to achieve the organizations goals

9
Q

Controlling

A

Monitoring performance, comparing it with goals, and taking corrective action when needed

10
Q

Three principal skills to management

A

Technical, conceptual, and human

11
Q

Technical skills

A

Skills that consist of the job specific knowledge needed to perform well in a specialized field

12
Q

Conceptual skills

A

Skills that consist of the ability to think analytically, to visualize an organization as a whole and understand how the parts work together

13
Q

Human skills

A

The skills that consist of the ability to work well in cooperation with other people to get things done

14
Q

Competitive advantage

A

The ability of an organization to produce goods more effectively than competitors do, outperforming them

15
Q

7 challenges of being awesome managers

A

Managing for competitive advantage

Managing for information technology

Managing the diversity

Managing for globalization

Managing for ethical standards

Managing for sustainability

Managing for happiness and meaningfulness

16
Q

Sustainability

A

Economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs

17
Q

Career readiness

A

Represents the extent to which you possess the knowledge, skills, and attributes desired by emplyees

18
Q

Career readiness acronym

A

Knowledge
Soft skills
Attitudes
Other characteristics

(KSAO)

19
Q

Attitude

A

Learned predisposition toward a given object