Shared Flashcard Set

Details

MGT721 Test - 18-25.
NA
14
Business
Graduate
06/08/2013

Additional Business Flashcards

 


 

Cards

Term

 

 

 

 

Individual vs. group performance



Definition

         •Exact solution > best individual; Probability > group

Groups are less efficient than individuals
Groups more confident in decisions.
Decision quality is negatively related to group size.
Downplay irrelevant judgments
Group composition affects decision quality
Term
 
 
 
Leadership responsibilities

Definition
  • Focusing on results
  • Building commitment and confidence
  • Creating opportunities for others to grow
  • Providing structure
  • Encouraging participation from all
  • Managing external relationships
  • Socializing new members

 

Term

 

 

 

 

Goal setting


SCMART

Definition
SCMART:

·         specific

·         challenging

·         measurable

·         accepted

·         realistic

·         time-bound

 

Term

 

 

Delegation


 Why is it important?

Definition


·         Frees up time


·         Develops subordinates


·         Strengthens organization

 

Term

 



Delegation


Why do we avoid it?
Definition


·         Takes too much time

·         It is risky

·         Job will not be done well

·         Task is desirable

·         They are already too busy

Term

  

 

Delegation Principles



Definition

 

 

·         Decide what

·         Decide whom

·         Make assignment clear and specific

·         Assign objective, not procedure

·         Allow autonomy, but monitor performance

·         Give credit, not blame

Term

 

 

 

 Empowerment 


Top-down approach
Definition

 


Delegation and accountability. 

 

Where senior leadership articulate a vision and specific goals and hold other accountable for achieving them.

Term

 

 

 Empowerment 


 Bottom-up approach

Definition

 


Intelligent risk taking, growth, Change, trust and ownership. Follower act as entrepreneurs and owners who question rules and make intelligent decisions. 

Term

 

 

 

True empowerment includes



Definition

 

 

 ·         Delegating leadership & decision making down to the lowest level possible


  ·         Equipping followers with resources, skills, & knowledge to make good decisions

 

Term

 

 

 

 Motivation through operant conditioning


 

Definition

[image]

 

Term

 

 

 

Operant Conditioning via extinction



Definition

o   Extinction: weaken behavior by attaching no consequences

·          alternative to punishment

·          most effective if used with positive reinforcemen



Use punishment when there is danger or seriously undesirable behavior (e.g., unethical behavior)

 

 

  

 

Term

 

 

 

Reinforcement schedules


 

Definition

1.Continuous

2.Intermittent
3.Fixed ratio  (focus on Units)
4.Variable ratio (focus on Units)
5.Fixed interval  (focus in time)
6.Variable interval (focus in time)
Term

 

 

 

Principles regarding positive reinforcement


 

Definition


·             Behavior that is rewarded gets repeated” (Skinner)

·         Rewarding A while hoping for B

·         Do not reward everyone the same

·         Feedback should be immediate

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