Foundations of OB
Field of study devoted to attitudes & behaviors of people in organizations.
What is Organizational behavior (OB)?
Model that argues rare and inimitable resources create competitive advantage.
What is the Resource-based view?
Belief based on personal experience.
What is the Method of experience?
Collection of assertions explaining how & why variables are related.
What is a Theory?
Combines results of multiple studies into weighted averages.
What is Meta-analysis?
Field that applies OB theories in workplaces.
What is Human resource management?
Incapable of being imitated.
What is Inimitable?
Belief because it “just makes sense.”
What is the Method of intuition?
Written predictions specifying relationships between variables.
What are Hypotheses?
Perspective that scientific findings should guide management.
What is Evidence-based management?
Field studying product choices & industry characteristics affecting profitability.
What is Strategic management?
Pool of wisdom & knowledge created by people.
What is History?
Belief because authority figure/source said it’s true.
What is the Method of authority?
Statistical relationship between two variables (r).
What is Correlation?
Use of data, not opinions, to guide decision making.
What is Analytics?
Belief that only 12% of orgs will put people first to build profits.
What is the Rule of One-Eighth?
Resources like culture, teamwork, trust, reputation that competitors can’t easily copy.
What are Socially complex resources?
Belief supported by scientific replication across settings.
What is the Method of science?
Establishes that one variable causes another.
What is Causal inference?
People making many invisible choices daily that competitors can’t copy.
What are Numerous small decisions?