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Management quiz 6

TermDefinition
Functional Structure Groups people with similar skills who preform similar tasks
Cross Structure Brings together members from different functional departments
Basic Principles of Management Planning, Organizing, Controlling, Leading
Empowerment Gives people freedom to do their job as they think best
Organizational Chart Describes the arrangement of work positions within a team or organization
Mission A clear and loft sense of why we exist
Delegation Is the process of entrusting work to others
Horizontal Structures Are designed to tap the power of technology, teams, collaboration, and networks
How Horizontal Structures work They form team within and across functions, and staff them with embers whose talent match tasks
Centralized Organization Top Management keeps the power to make most decisions
Decentralized Organization Top Management allows lower level to make many decisions
Organic Designs Are adaptive, Using decentralized and Horizontal structures
Mechanistic Design Are Beaurucratic, using centralized and vertical structures
Verticals Are the reporting relationships in the organizations Hierarchy of authority
Process of Innovations Results in better way of doing things
Product inovations Results in new or improved goods & services
What topics rule in an entrepreneurial culture Flexibility & Creative rule, Authority goes with ideas, change & growth valued, emphasis of entrepreneurship
Entrepreneurial Cultures emphasize Change, growth, creativity, competition
Kurt Lewin Described change as a 3 part process Unfreezing, Refreezing, Freezing (Changing)
Unfreezing Is the Phase during which a situation is prepared for change
Refreezing The phase which change is stabilized
Freezing(Chaning) The phase which change actually takes place
Business model Innovations Results in ways for firms to make money
Business Model Innovations Examples Netflix turned movie rental into a subscription business eBay earns revenues from users of its marketplace Google thrives on advertising revenues driven by ever-expanding Web technologies
All the sources of resistance to change Fear of unknown, disrupted habits, loss of confidence, loss of control, poor timing, work overload, loss of face, lack of purpose
Characteristics of highly innovative organizations Strategy include innovation, cultures values statements, structure support innovation, staffing builds talent
Values Statement Express what the company stands for, its core priorities, the value its employees embody, what it product contributes to the world
Examples of values Statements Whole foods- “Creating ongoing win-win partnerships with our suppliers” UnderArmour-”Innovation, Inspiration, Reliability, and Integrity”
4 stages of new employees socialization, coaching, training, employee development
Socialization Is the process through which new members learn the culture of a team or organization
Coaching Assigns an experienced person to provide performance advice to a new hire
Training efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job
Employee development ongoing education to improve knowledge and skills from present & future jobs
Core culture Is found in the underlying values of the organization
An organic design is most associated with Success in dynamic & changing environments
Difference between value statement & Mission statement Mission statement communicates purpose of organization where as values statements reflects core principles & ethics in the organization
Created by: laurynnakins
Popular Management sets

 

 



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