Motivation
Occurs when someone gets satisfaction from an activity itself without threats or rewards from outside.
Intrinsic motivation
A diagram that outlines the formal roles, responsibilities, and reporting lines of an organization.
Organizational Chart
the transfer of information from one entity to another. It is vital to how a business operates
Communication
Leader who:
Views employees as family.
Parent-Oriented
Paternalistic
Leadership style:
“To leave alone”
Manager gives employees considerable freedom
Employees set their own goals, make their own decisions, and resolve problems as they see fit.
Laissez-faire leader
He believed that the main reason for why people work in money
Frederick Taylor
Formal route by which a decision must travel through the organization.
Chain of Command
refers to the norms, attitudes, values, goals, and practices that characterises an organization, a country or a region of the world.
Culture
Leader style:
Holds onto as much power and decision making as possible. Do not consult employees when making a decision.
Structured environment
Autocratic leader
Financial motivators (name 3)
Salary
Wages (time vs. piece)
Commission
Profit-Related Pay
Performance-Related Pay
Employee Share-Ownership Schemes
Fringe Benefits
J.S Adams’ theory of motivation suggests that people make social comparisons of fairness in the workplace (based on the ratio of their input (effort) to output (rewards).
Equity Theory
How many subordinates are directly under the authority of a manager.
Span of Control
In Ghana and it translates to very good cola.
Pee Cola
Key functions of management-name 3
Organizing
Commanding
Coordinating, and
Controlling.
Non-financial motivators (name 2)
Job enrichment
Job rotation
Job enlargement
Empowerment
Purpose/Opportunity to Make a Difference
Teamwork
Hertzberg's 2 factory theory of motivation. What are the two needs?
Motivational needs (achievement, recognition, the work itself) and Hygiene needs (company policy, supervision, relationships)
A manager gives the authority for a particular decision but not the responsibility for the outcome of that decision.
Delegation
This type of organizational structure has many levels of hierarchy
Tall Organizational Structure
Key attributes of leadership
Ability to inspire people to follow him or her voluntarily.
Motivate
Rely on instincts-Risk takers
Have vision
Inspire change and innovation
The highest level in Maslow's hierarchy of needs
Self-actualization
Name the 5 levels in Maslow's hierarchy of needs
Basic, safety, love, esteem, self-actualization
Decision making maintained within a small group of managers operating close to the head of the business.
Centralization
This type of organization has a lot of rules, regulations and procedures
Bureaucratic
Leadership style:
Involves employees in decision making
Consults employees regularly
Democratic leader
Daniel Pink said believed businesses must tap into employees’ intrinsic motivation. To do this, businesses should create settings that allow for (3 things):
Autonomy – Being self-sufficient to direct our own lives
Mastery – Self-improvement to learn and create new things
Purpose – Self-esteem and drive to do better by ourselves.