Communication and Work Models
What is the hamburger approach?
Feedback that begins with a constructive compliment (the "fluffy bun" part), followed by the critical feedback (the "meat"), and then concludes with another positive affirmation (the other "fluffy bun" part.
What are Tuckman's Stages of Group Development?
Forming, Storming, Norming, Performing and Adjourning
What does communicating with transparency mean?
What is money laundering?
Moving and transferring illegal money to make it seem legal?
List the 4 types of Corporate Social Responsibility
1. Environmental
2. Ethical
3. Philanthropic
4. Economic
What is absenteeism?
The habit of not going to work when you should be there, usually without good reason.
What are 2 Team Needs during the 'Forming Stage'?
What is a democratic leadership style?
The leader makes decisions based on the input received from team members. Each team member has an opportunity to contribute to the direction of ongoing projects. However, the leader holds the final responsibility to make the decision.
How does buying stocks make investors partial owners of a business?
Buying stocks makes investors partial owners because their investment
helps the company grow, and they share in the company’s profits and
losses.
What is the 'triple bottom line'
People, planet and profit
Give two examples of aspects that can cause tension in hybrid workplace models.
Uneven workload distribution, performance measuring, communication challenges, work/life balance.
What are 2 Team needs during the 'Storming Stage'?
What is an autocratic leadership style?
Autocratic leaders typically make choices based on their ideas and judgments and rarely accept advice from followers. Autocratic leadership involves absolute, authoritarian control over a group.
What can cause investors to sell their stocks, leading to a decline in stock price and market value?
Changes in leadership, bad publicity, unstable political climates, or other larger economic factors.
What is the 'Doughnut Model'?
A model for sustainable development that balances
essential human needs and planetary boundaries.
What is PDI (Power Distance Index) in Hofstede's Cultural Dynamic theory?
The power distance index is defined as "the extent to which the less powerful members of organizations and institutions accept and expect that power is distributed unequally".
What are 2 Team needs during the 'Norming Stage'?
List 4 leadership skills that you need for business success.
Emotional intelligence, communication, the ability to bring out the best performance, self-awareness, resiliency, and financial literacy.
What is the difference between 'insolvency' and 'bankruptcy'?
Insolvency means when a company has no 'liquid cash', because money is tied up in assets.
How can companies benefit from implementing CSR initiatives?
Improves brand image, promotes customer loyalty, improves customer and employee retention, attracts new customers.
What is the difference between flexible and hybrid work models?
Hybrid working typically involves a combination of remote and office days, with the specific schedule varying based on individual preferences, job requirements, and company policies.
Flexible working encompasses a range of working practices designed to provide employees with greater autonomy and adaptability in managing their work schedules and locations.
What is the role of the leader in helping teams move through the phases of Tuckman's Stages of Group Development?
Recognizing where a team is in the developmental stage process, and assisting the team to enter the stage consistent with the collaborative work.
What 4 steps do effective leaders take in times of crisis?
1. Be transpart
2. Act with urgency
3. Follow your values
4. Share power
What is a seizure?
Why is balancing economic growth with ecological sustainability important?
It prevents environmental collapse, ensuring that Earth's resources remain available for future
generations.