business
collections of people who work together and coordinate their actions to achieve a wide variety of goals or desired future outcomes
Organizations
Performance gains that result when individuals and departments coordinate their actions
synergy
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organization's goals and objectives
Organizing
Role of management that involves the manager articulating a clear vision and energizing and enabling organizational members so they understand the part they play in achieving organizational goals.
Leading
Two or more people who interact with each other to accomplish certain goals or meet certain needs.
Group
signify what an organization and its employees are trying to accomplish
terminal values
Management skill that involves job specific knowledge and techniques required to perform an organizational role.
technical skills
A type of planning performed by managers that involves analyzing competitive opportunities and threats, as well as the strengths and weaknesses of the organization. Has a long time frame, typically three years or more.
Strategic Planning
A manager who establishes organizational goals, decides how departments should interact, and monitors the performance of middle managers.
Top Managers
A group whose members work intensely with another to achieve a specific common goal or objective
Team
A short, succinct, and inspiring statement of what the organization intends to become and the goals it is seeking to achieve -- its desired future state
vision
is the planning, organizing, leading, and controlling of human and other resources to achieve organizational goals efficiently and effectively.
management
A type of planning that is intermediate range (1-3 years) that is designed to develop relatively concrete and specific means to implement the strategic plan.
Tactical Planning
Management skill that involves the ability to analyze and diagnose a situation to distinguish between cause and effect
Conceptual Skill
Performance gains that result when individuals and departments coordinate their actions
Synergy
A group whose members work intensely with another to achieve a specific common goal or objective
team
role of managers that involves identifying and selecting appropriate goals
Planning
A type of planning that generally assumes the existence of organization-wide or subunit goals and objectives and specific ways to achieve them. Short range planning of less than a year
Operational Planning
The specific set of departmental skills, knowledge, and experience that allows one organization to outperform the other.
Core Competency
A group composed of subordinates who report to the same supervisor; also called department or unit.
Command Group
A group composed of the CEO, the COO, and the vice presidents of the most important departments of the company
top management team
monitoring progress toward goal achievement and taking corrective action when needed
Controlling
A formal system of task and reporting relationships that coordinates and motivates organizational members so they work together to achieve organizational goals
Organizational Structure
Contracting with another company, usually abroad, to have it perform an activity the organization previously performed itself.
Outsourcing
a model that explains how personality may influence organizational culture
Attraction-Selection-Attrition Framework