Separations divided by the number of average employees per month.
What is turnover rate?
This financial report includes revenue and expenses.
What is an income statement?
Asking strategic questions, observing and reflecting, considering opposing views, and embracing formal training.
What are ways to increase/improve strategic thinking?
In workforce analysis this is the amount of workforce available to meet employment needs.
What is supply?
This report shows how assets are financed: Assets = Liabilities + Equity.
What is a balance sheet?
This strategic analysis includes both an internal and external review.
What is SWOT analysis?
Job duties and specifications are part of this employment process.
What is job analysis?
Every expense is justified in this budgeting method.
What is zero-based budgeting?
KPIs.
What are Key Performance Indicators?
Interview bias that rates all candidates as average.
What is central tendency bias?
This budgeting method looks at a number related to a service/product to be provided/produced.
This innovation involves making small improvements to existing products or services. For example, Apple adding new features to its iPhones over time.
What is incremental innovation?
'Tell me a situation where you had a difficult patient' is an example of what type of interview question?
What is behavioral question?
Evaluating an over/under spend in a budget.
What is budget-variance analysis?
An example of Idea Generation or Creative Thinking (name one).
What is Mind mapping, Roleplaying, Six Thinking Hats, Empathy Mapping, Storyboard, Paper Clip Test, Out-of-The Box Thinking or making Outside Connections?