NCM 119: Leadership & Management pt. 3
Employee is motivated by sense of fairness of rewards and punishment in the workplace
Equity theory - John Stacey Adams
tool that provides a visual (graphic) representation of what occurs over the course of a project Task and bonus system
Gantt Chart
state actions for achieving the mission and the philosophy
Goals and objectives
A method whereby managers and employees define objectives for every department, project, and person and use them to monitor subsequent performance.
MANAGEMENT BY OBJECTIVES (MBO)
(also known as a work plan) is an outline of what your department will focus on for the near future- usually the upcoming year. Short range objectives Middle and lower levels management Functional planning levels
Operational plan
Making a plan of action to provide for the foreseeable future Determining objectives and strategies, programs, procedures, and rules to accomplish the objectives Setting goals Determining how the organization can get where it wants to go.
PLANNING
Direction to the organization Improves efficiency Eliminates duplication of efforts Concentrates resources on important services Reduces guess work Improves communication and coordination activities
PURPOSES
Promoted to a position in which one is not capable
Peter Principle - Laurence Peter & Raymond Hull
explains how goals will be achieved and serve as guides that defines the scope of activities
Policies
sequence of steps
Procedures
A job can be performed at a certain level. If employees have faith, they can perform at a high level A task may be difficult but if an employee has a strong belief that this task can be accomplished, then the employee is motivated to complete the task
SELF-EFFICACY THEORY - BANDURA
Done by top level management Long range planning
STRATEGIC PLANNING
outlines your mission, vision, and high-level goals for the next three to five years. It also takes into account how you'll measure those goals, and the major projects you'll take on to meet them. Long range plan Upper level management Corporate and business planning
Strategic plan