Shared Flashcard Set

Details

VET Business Year 2 - Organise Personal Work Priorities
Cert II Aust.
56
Business
12th Grade
04/18/2017

Additional Business Flashcards

 


 

Cards

Term

 

 

 

 

Organisational Goals are best decribed as

Definition

 

 

 

A purpose or aim that a business is trying to achieve within a specified time period

Term

 

 

 

 

Some examples of goals would include:

Definition

 

        Budget targets

        Production targets

        Reporting deadlines

        Sales targets

        Market share

        Staff morale

        Milestones

        Customer satisfaction

        Brand recognition

 

        Projects 

Term




SMART is a common term that is used to describe goal setting in many business systems and training programs.

 

 

Each letter stands for?

Definition

        Specific

 

        Measurable

 

        Achievable

 

        Realistic

 

        Timely 

Term


Some team plans and goals are quite large and may take some time to implement.


 

1 These plans usually have targets to achieve along the way, these targets are called?


 

2 A large project or plan may also have?

Definition

 

 

1 Milestones

 

milestone reports or milestone meetings

 

Term

 

To assess how well a goal or project is going there are KPIs that must be met

 

What does KPI stand for?

Definition

 

 

 

Key

Performance

Indicators

Term

 

Statistics is all about data to measure how well a business is achieving their goals.

 

For statistics to be meaningful they must be?

Definition

 


Accurate


Simple


Timely

Term

 

 

 

Some Key Performance Indicators will be easy to measure.

 

Sales are easy to measure while staff morale might be much harder to measure.

Why?

Definition

 

 

Information about sales can easily be collected fromm accounting packages

While

There is no ready made, simple process for gauging how people feel

Term

 

 

 

Some Key Performance Indicators will be easy to measure.

 

Sales are easy to measure while staff morale might be much harder to measure.

Why?

Definition

 

 

Information about sales can easily be collected fromm accounting packages

While

There is no ready made, simple process for gauging how people feel

Term

 

 

 

The term for a system that assigns a numerical value to data for a KPI is?

Definition

 

 

 

 

Quantitative system

Term

 

 

 

The term for a system that uses words rather than numbers to express a measurement of a KPI is?

Definition

 

 

 

 

Qualitative system

Term

 

 

 

 

Consulting in the work place can be described as?

Definition

 

 

 

Seeking support and advice from within the

business organisation from work colleagues. 

Term

 

 

 

 

A business consultant is?

Definition

 

 

 

The providing of expert knowledge to a third party for a fee. Consulting is most often used when a company needs an outside, expert opinion regarding a business decision

Term

 

 

 

Consulting methods may include:

Definition

 

 

       Staff meetings or briefing sessions

       Informal chats

       Private meetings

       Formal meetings

       Emails

Verbal 

Term

 

 

 

 

To prioritise worplace tasks means?

Definition

 

 

 

To complete those tasks first that are seen as more urgent or important

Term

 

 

 

Time is crucial in any business and diaries are often used to record what?

Definition

 

       Planning meetings.

       Tacking deadlines for tasks.

       Planning travel.

       Keeping phone numbers.

       Making notes to yourself.

 

       Carry it with you everywhere.

Term

 

 

 

 

Other than a diary try to remember at least four of the following items that assist in working more efficiently

Definition

 

  • Lists - "to do" list, check list
  • Clean well organised work area
  • Slice it up - large tasks into easier parts
  • Is the task really that important?
  • Plan breaks
  • Say NO
  • Group activities that can be done together
Term

 

 

 

The term for putting off or delaying, especially something requiring immediate attention

Definition

 

 

 

 

Procrastination

Term

 

 

 

Reasons for procrastination include:

Definition

 

 

The task is just really boring.

       The task is quite difficult for you and you may be concerned that you cannot do it to the standard required.

       You are poorly organised and never seem to have the time.

       You are viewing the task as unimportant.

       You want to do the task really well and feel that you do not have the ability, time or resources available to do a good job.

 

       I’m not in the mood.

Term

 

 

 

Methods of overcoming procrastination include:

Definition

·         Recognise that you are procrastinating

·         Be honest and work out why you are avoiding the task.

·         Break down the task into steps and start with step one, the smaller step will make it seem easier and will be completed quicker making you feel good about it and one step closer to completing the whole thing. 

·         Set yourself a deadline to complete the whole task.

  • Give yourself a small reward when you get the task done
Term

 

 

A DISCUSSION CARD

 

Choose someone to discuss each of the following factors that affect the achievement of goals

Definition

 

Budgets

·         Competing work demands

·         Weather

·         Resource availability

·         Breakdown

·         Accidents / illness

·         Hazards / risks

·         Change of plans

 

·         Not working 

Term




Functions that business technology can be useful for include:
 

 

Definition

 

Recording sales of the business.

       Recording events in high risk areas.

       Recording which items are being sold.

       Recording customer details for loyalty programs.

       Sending emails to communicate with others.

       Monitoring level of stock.

       Using an electronic calendar to schedule your time.

 

       Developing a sales catalogue.  

Term





More functions that business technology can be useful for include:

Definition

       Using a business networking site like LinkedIn to stay in touch with your industry colleagues.

       Providing accounting details.

       Generating orders for stock.

       Creating reports for management.

       Allowing you access to up to date information about business performance.

       Recording staff details, hours, errors.

       Storing information on product lines and best sellers.

 

       Visiting websites of suppliers or workplace other business related matters such as government.

Term

 

 

 

Technology to manage workplace priorities includes

Definition

 

       Smartphone’s

       Online diary

       Cloud storage

       Tablets devices

 

       Skype and video conferencing 

Term

 

 

 

 

Specialist business software includes

Definition

       Microsoft office products

       Microsoft word

       Microsoft Excel

       Microsoft PowerPoint

       Microsoft Outlook

       Accounting software

       Project management software

       PDF – Portable Document Format

       Image editing software

 

       Apps 

Term



KPIs - Key Performance Indicators

may include: 

Definition

       The number of customers.

       The satisfaction of customers.

       Staff morale.

       Personal completion of education course. 

       Sales figures.

 

       Market share.

       Completion of major projects.

       Injuries and accidents.

       Production output.

       Business milestones.

       Profitability.

 

Term




To monitor your own performance you can: 

Definition



       Observe the workplace

       Analysing documentation

       Talking to people

       Use checklists

 

       Staff appraisal 

Term



Measuring staff performance is termed staff appraisal.



These should be conducted keeping in mind that they are:

Definition

       Factual.

       Specific.

       Encouraging.

       Private.

       Individual.

       Constructive.

       Up to date.

       Respectful on both sides.

 

       Helpful. 

Term



Active listening involves:
 

 

Definition

     

  Hearing the speaker.

       Facing the person and looking them in the eyes.

       Paying attention.

       Giving feedback.

       Asking questions to clarify understanding.

       Take notes if appropriate.

       Showing interest.

       Using their name when talking to them.

 

       Smiling if appropriate or at least do not look angry.

Term




What is quality? 

Definition



Quality is a measure of the degree of excellence and consistency which a product or service achieves. 

Term




What is quality control?

Definition




Quality control is a system to measure, monitor, and control the quality of a product or service. 

Term


mistakes occur, equipment breaks down and the quality of products and services may not been achieved.

You may br able to fix these problems but in general specific problems should be fixed by using?



Definition

 

 

 

 

Specific Procedures

Term




Maintain work life balance by:

Definition

       Adequate time with your partner/ children/ family.

       The ability and time to carry out personal responsibilities like taking the kids to the doctor, cleaning the house or mowing the lawn.

       Participation in sport or physical activity.

        The enjoyment of a hobby or interest.

       Annual holidays away from normal work and home stresses.

       The support of your workplace to have that work / life balance in your life.

 

       The enjoyment of friends and relationships

Term

 

 

 

Signs of stress include:

Definition

 

       Physical illness.

       Tiredness.

       Mental strain.

       Depression.

       An increased reliance on drugs, alcohol and tobacco.

       A poor diet.

       High blood pressure.

       Increased heart rate.

       Large emotional swings.

       Change of attitude.

       Physical violence.

       Decreased motivation.

       Less interest in things around you.

 

Term




Common ways people reduce stress are: 

Definition

 

       Take a holiday

       Sport

       Family

       Counselling

       Religion

 

       Meditation

       Volunteering

       Hobby

       Friendships  

 

Term



Managing Health

Having a good diet helps...

Definition


keep the body in good condition and helps the body fight off infection that makes you unwell better work performance

Term



Australian Government guidelines for physical activity are

Definition

 

  • 30 minutes of moderate intensity physical activity on most , preferably all days
  • combining a few shorter sessions of activity of around 10 to 15 minutes each 
Term

 

 

 

Other steps to assist in maintainimg health and higher levels of performance at work incude

Definition
  • have an annual health check with your doctormonitoring your general health, weight, blood pressure, diet, cholesterol and lifestyle.
  • quit smoking
  • Monitor your weight and seek medical advice if overweight


Term

 

 

Support services are very important to assist yourself and co-workers experiencing problems

These include:

Definition
Family breakdown, divorce.
Personal health issues.
Family care.
Alcohol and drug issues. 
Financial problems.
Gambling problems. 
Mental health issues. 
Term

 

 

To support a worker or colleague to get through personal problems so that they can be happier in life and more productive at work you should .................

Definition
Be understanding and compassionate about the problem.
Understand that they may need to adjust their roster or take leave to sort out the problem.
Refer the worker to counsellors who can help them with the problem.
  • Make sure that they can safety carry out the work they do, don’t put a worker on a complicated dangerous machine if they are very upset
Term

Focus on supporting the worker or colleague to get through the problem so that they can be happier in life and more productive at work. 

They should consider:

Definition
People skills.
Time management.
Documentation skills.
Empathy.
Decision making.
Job description KPIs.
Behaviours.
Values.
Habits.
Leadership styles.
Management styles.
Term

 

 

For your own

 

Personal development

 

And to develop your competence

 

You need to look at:

Definition

       People skills.

       Time management.

       Documentation skills.

       Empathy.

       Decision making.

       Job description KPIs.

       Behaviours.

       Values.

       Habits.

       Leadership styles.

 

       Management styles.

Term

 

 

 

It can be easier to track and monitor personal goals by

Definition

 

 

 

writing down your own personal goals

Term

 

In larger organisations, each job role will have a set of competencies that people holding that position are expected to have; these would be outlined in the job description that would include

Definition
Job title.
Workplace responsibilities.
Day to day operational duties and tasks.
Who that person reports to.
Salary range.
Date / version number.
Department / outlet / venue.
Personal qualities required for the job.
Skills required for the job.
Qualifications required for the job.
Performance standards required for the job.

 

Employment conditions. 
Term

 

 

Common essential selection criteria for a job would include:

Definition
Trade qualification.
TAFE or University qualification.
Responsible service of alcohol certificate.
Gaming licence
Working with children check
Site safety certificate
Drivers licence.

 

Experience.
Term

 

 

Common desirable selection criteria for a job would include:

Definition
Experience.
Industry experience
Language skills.
Multi skilled.
High standards of personal grooming.

 

Sales experience  
Term

 

 

What can be used to guide you in building the skills needed to put yourself in the best position for a promotion or job change in the future?

Definition

 

  • job descriptions
  • key selection criteria
  • and AQF (Aust Quality Framework)competencies

to not just see areas of improvement for yourself,

 

but to look ahead to where you want to be in the future. 

Term

 

 

 

Feedback on your own personal development would include:

 

Definition
Staff appraisals.
Team meetings.
Project reports.
Mentor relationships.
Informal chats.
Training needs analysis.
Customer surveys.
Key performance indicators.

 

Statistics.
Term

 

 

Development opportunities may include: 

Definition
Training courses.
Attending conferences.
Attending trade shows.
Attend meetings.
Entering into mentor relationships.
Formal study for a qualification certificate, diploma or degree.
Working on special projects.
Working in another area of the business.

 

Taking on higher duties. 
Term

 

 

 

A mentor is:

Definition
 
 
A trusted counselor or guide.
A wise, loyal advisor or coach. 
 
Term

 

 

Networking (links with organisations and people) opportunities include: 

Definition

Attending training courses.

Attending conferences.

Attending trade shows.

Attend meetings.

Social events such as a golf day, a corporate box at the football or a marquee at the horse races.  

Attending industry groups or networks. 

LinkedIn

Facebook

Twitter 

 

 

 
Term

 

 

 

 

Training opportunities may include:

Definition
 
Management courses.
Learning new technologies.
First aid training.
Work health and safety training.
Computer courses.
Public speaking courses.

 

Budget and financial management. 
Term

 

 

SEVEN key steps in problem solving

Definition
1.Define the problem
2.Look at potential causes for the problem
3.Identify alternative ways to solve the problem
4.Select an approach to solve the problem
5.Develop an action plan to implement the solution
6.Monitor the implementation of the action plan

 

7.Verify that the problem has been solved
Term

 

 

A well-known problem solving and management tool used to manage the workplace. 

Definition

 

 

  1. Plan
  2. Do
  3. Check
  4. Act 
Term

 

 

It is illegal for a person or an establishment to discriminate against customers or staff due to: 

Definition
family responsibilities
sexuality, gender identity
sex (whether they are female or male)
relationship or parental status (whether they are married, single, widowed, divorced, separated or living with someone as if they were married (de facto, including same sex de facto), and whether they have children or not)
race

 

age (whether they are young or old)
Term

 

 

Acts relevant to the employment of a person within any business operation in Australia. 

Definition
 
The Fair Work Act 2009
Racial Discrimination Act 1975
Disability Discrimination Act 1992
Sex Discrimination Act 1984

 

Gender Equality Act 2012
Term

 

 

 

 

Workplace Health & Safety Act 2011 covers:

Definition

 

  •  employees
    • contractors
  • subcontractors
    • outworkers
  • apprentices and trainees
    • work experience students
  • volunteers
    • employers who perform work.
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