management skills and corporate culture Flashcards
(13 cards)
communication
process of creating and exchanging information between people that produces the required response
- open communication is vital if a manager wants to gain employee involvement in order to achieve objectives
delegation
passing of authority down the hierarchy to perform tasks or make decisions
benefits of delegation
- work will continue even when manager is absent
- time saving; freeing up management for more important tasks
- opportunity for personal development and improvement
- employees feel trusted and valued
when to delegate
- tasks part of a larger projective
- repetitive or time consuming tasks
- collection or organisation of data
- training and development of subordinates
when not to delegate
- strategic planning
- high cost or risk decisions
- confidential matters
- highly specialised areas requiring specific training
planning
process of determining objectives and devising strategies to achieve them
leading
the skill of a manager to influence and motivate employees towards the achievement of business objectives
decision making
a multi-step approach whereby selection is made between a range of different alternatives
interpersonal
skills used everyday to understand and interact with other people, both individually and in groups
core interpersonal skills
- teamwork
- empathetic and assertive
- communication
- ability to manage conflict
corporate culture
the shared values and beliefs held by people within a business
official corporate culture
the set of shared values and beliefs that the business wants its people to display
real corporate culture
the actual shared values and beliefs that are displayed by people in a business