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MGT 301 Test 2
Dr. Holbein
52
Management
Undergraduate 3
03/06/2013

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Cards

Term
5 methods for strengthening relationships at work
Definition
1. put others goals first. assume that they are important, even to the point of modfying your own plans to accomodate theirs.
2. try to understand others thoughts and feelings without judging them.
3. do something special for others that demonstrates caring
4. show respect and amiration to their achievements
5. say thank you whenever you can
Term
Main ideas of Efforts to Cut Salt Content Take Hold
Definition
Mananagement is messy because of complexity
potentially harmul subsitances substituted for salt
such complex decision making is very complicated, therefore messy
Term
Main ideas of An Orange Creme Pop Gum? Folks Just Arent Chewing It
Definition
management being messy due to complexity
sales of chewing gum declining with adittion of new flavors
Term
Top of thumbtack?
Definition
Discernment
Term
What does discernment allow a person to do?
Definition
1. see a particular picture and fill in the missing pieces intuitively
2. find the real heart of the matter
3. see root of causes without having to get every bit of information
Term
How does discernment work?
Definition
1. it lies in the blend of clearheaded logic and powerful intuition
2. to use both your gut and your head
Term
Main ideas of Farm Boom Sows Job Bounty
Definition
quantitative skills earn more money
Term
Main ideas of Lessons in Confidence
Definition
Balancing confidence vs arrogance:
1. be likeable
2. respect the competition
3. Keep it short and sweet, keep is simple stupid (KISS)
4. like your audience, they will come to like you more(receprocity rule)
Term
Challenge that leaders face?
Definition
cope with tremendous chaos and complexity every day.
Term
how to cultivate discernment
Definition
1. value nontraditional thinking
2. embrace change, ambiguity, and uncertainty
3. broaden your horizons
Term
Bottom of thumbtack
Definition
focus
Term
If you chase two rabits
Definition
both will escape
Term
lion trainer
Definition
tries to focus on all 4 legs which paralyzes him. divided focus always works against you.
Term
decision making
Definition
process by which people respond to opportunities and threats by choosing goals, analyzing options, and selecting courses of action
Term
classical method of decision making
Definition
1. identify all possible alternatives
2. evaluate all possible alternatives using pure logic
3. forecast the consequences of every alternative
4. be perfectly rational, logical and analytical in choosing the one best course of action
Term
administrative method of decision making
Definition
world that is uncertain, risky, messy
1. limited in our ability to be perfectly rational and logical. limits of time, money, brain power. (bounded rationality)
2. incomplete, ambiguous information
Term
benefit of groups
Definition
reduce biases of individuals, greater combined skills and abilities than individuals
Term
devils advocate
Definition
1. point out problems with the selection of options
2. defend unpopular or opposing options
3. critique the process of choosing solutions
Term
creativity
Definition
developing new or novel ideas. R (for research in R&D)
Term
Innovation
Definition
D in R&D
implementation and commercialization of creative ideas
Term
Holbeins chain of innovation
Definition
security>teachability>learning>creativity>innovation
Term
Margaret thatcher
Definition
exemplified security
1. calm under fire
2. didnt follow the crowd
3. made up her own mind
4. continued working hard
Term
insecure leaders are dangerous
Definition
1. leadership position amplifies personal flaws
2. continual quest for validation, acknowlegement, and love
3. you cannot give what you do not have
Term
for a person to become an affective leader the kind that others want to follow
Definition
he needs to make his followers feel good about themselves
Term
the law of empowerment
Definition
only secure leaders give power to others
Term
aspects/characteristics of secure leaders
Definition
1. arent arrogant
2. go out of their way to being the best people together and build them up
3. when a secure leaders team succeeds, it brings him great joy
Term
nothing is a greater impediment to being on good terms with others than
Definition
being ill at ease with yourself
Term
walt disney
Definition
cartoonists disappointment inspired him with a grand vision.
no chipped paint all the horses jump
Term
vision is everything for a leader
Definition
because vision inspires a leader
Term
show me a leader without vision
Definition
ill show you someone traveling in circles
Term
cant buy beg or borrow vision
Definition
has to come from the inside
Term
to make vision real
Definition
1. talk to several key people
2. write it down
Term
yahoos ceo
Definition
employees can no longer work from home
Term
jc pennys ceo
Definition
poor leadership arrogance.
wouldny admit to mistakes
out of touch with customers needs and wants
Term
no matter what field a leader is in
Definition
he will face problems
Term
how do you eat an entire elephant
a journey of a 1000 miles
Definition
one bite at a time
begins with a single step
Term
centralized decision making
Definition
when boss makes decisions. formal structure.
Term
decentralized decision making
Definition
workers make decisions.
flexible structure
Term
functional organizational structure
Definition
young, single product firm, one pursuing concentration/focus strategy
Term
product organizational structure
Definition
firm pursuing a strategy of related diversification
Term
divisional organizational structure
Definition
firm pursuing a strategy of unrelated diversification
Term
geographic organizational structure
Definition
firm pursuing multidomestic strategy
Term
matrix organizational structure
Definition
high tech firms, promote organizational learning
Term
team organizational structure
Definition
project driven such as law firms consulting firms advertising agencies
Term
two organizing principles
Definition
span of control
chain of command
Term
span of control
Definition
number of people who report directly to a manager. routine=greater span, complex=narrower
Term
chain of command
Definition
number of layers of management from the top to the bottom.
complex=much control, long chain
flexible,decentralized=shorter
Term
decision making is the process by which people respond to opportunities and threats by choosing _____, analyzing ______, and selecting
Definition
goals, options, courses of action
Term
using a vertical integration strategy, there are six ways that we can create ____ for potential ____ and thus earn money from them
Definition
value
customers
Term
groups tend to reduce the biases of individuals
Definition
true
Term
discernment lies in the blend of ______ and powerful _____
Definition
clearheaded logic
intuition
Term
the law of empowerment
Definition
only secure leaders give power to others
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