Way we do business
TO CONTINUALLY PROVIDE OUR MEMBERS WITH QUALITY GOODS AND SERVICES AT THE LOWEST POSSIBLE PRICES.
WHAT IS, OUR MISSION STATEMENT?
COMMUNICATION, FOLLOW-UP AND TRUST ARE ALL QUALITIES OF
WHAT IS, GOOD MANAGEMENT?
BEING OUTSPOKEN, DIRECT AND HAVING A TAKE CHARGE ATTITUDE IS WHICH STYLE OF COMMUNICATION?
WHAT IS, HIGH DOMINANCE?
THIS 5-LETTER ACRONYM ENSURES A GOAL IS NOT VAGUE AND HAS A SET DEADLINE.
WHAT IS, S.M.A.R.T.?
IN PROJECT MANAGEMENT, THIS 4 LETTER ACRONYM DESCRIBES A PERFORMANCE ENHANCEMENT MODEL FOCUSING ON GOALS, ROLES, INFORMATION AND PEOPLE.
WHAT IS, G.R.I.P.?
OBEY THE LAW, TAKE CARE OF OUR MEMBERS, TAKE CARE OF OUR EMPLOYEES, RESPECT OUR VENDORS AND REWARD OUR SHAREHOLDERS.
WHAT IS, OUR CODE OF ETHICS?
80% OF SALES IS GENERATED BY THIS PERCENTAGE OF PRODUCTS.
WHAT IS 20% OF PRODUCTS?
DURING A TEAM MEETING, YOU NOTICE A COLLEAGUE LEANING BACK CROSSING THEIR ARMS AND AVOIDING EYE CONTACT WHILE THE MANAGER IS SPEAKING. THESE ARE COLLECTIVELY KNOW AS THIS.
WHAT IS, BODY LANGUAGE?
OFTENN CREATED DURING PERFORMANCE REVIEWS, THIS DOCUMENT OUTLINES AN EMPLOYEE‘S CAREER GOALS, SKILL GAPS AND THE SPECIFIC ACTIONS NEEDED TO ACHIEVE PROFESSIONAL GROWTH.
WHAT IS, AN EMPLOYEE DEVELOPMENT PLAN?
EMPATHY, DECISIVENESS, EFFECTIVE COMMUNICATION AND ADAPTABILITY ARE KEY EXAMPLES OF THIS TYPE OF “TRAITS”.
WHAT ARE, CHARACTERISTICS OF AN EFFECTIVE TEAM LEADER?
RIGHT MERCH, RIGHT PLACE, RIGHT TIME, RIGHT QUALITY, RIGHT CONDITION AND RIGHT PRICE.
WHAT IS, THE 6 RIGHT OF MERCHANDISING?
BI/ANALYTICS AND PNL ARE FOUND ON THIS PARTICULAR REPORT.
FINANCIAL DASHBOARD?
TEAMS USE THIS TO AVBOID CONFUSION, OVERLAP OR PEOPLE QUESTIONING THEIR PARTS OF A TASK.
WHAT ARE, CLEARLY DEFINED ROLES?
THIS CHECKLIST EVALUATES AREAS SUCH AS TRUST, SUPPORT AND RECOGNITION, CARING, TEAMWORK AGREEMENTS AND JOB SKILLS.
WHAT IS, THE ROLES CHECKLIST?
THIS TEAM EFFECTIVENESS MODEL STANDS FOR GOALS, ROLES, INFORMATION AND PEOPLE.
WHAT IS, GRIP?
THIS YEAR JIM SINEGAL AND JEFF BORTMAN FOUNDED IN SEATTLE, COSTCO WHOLESALE
WHAT IS, 1983?
IN 1999 COSTCO IMPLEMENTED THIS WORK PLAN, CREATED BY ONE OF THIER SVP’S
WHAT IS THE ROTHMAN WORK PLAN CREATED BY RONALD ROTHMAN?
ACCORDING TO MANY EMPLOYEE SURVEYS, THIS IS THE NUMBER ONE THING EMPLOYEES WANT FROM A COMPANY.
WHAT IS, FULL APPRECIATION OF WORK DONE?
THE PURPOSE OF THIS DOCUMENT OR DISCUSSION IS TO IMPROVE PERFORMANCE, NOT PUNISH THE EMPLOYEE.
WHAT IS, A COACHING?
IN THE GRIP MODEL, THIS IS THE FOUNDATIONAL ELEMENT THAT DEFINES WHAT THE TEAM IS COLLECTIVELY TRYING TO ACHIEVE AND HOW SUCCESS IS MEASURED.
WHAT ARE, GOALS?
IN THIS YEAR, COSTCO INTRODUCED ITS FIRST GAS STATION.
WHAT IS, 1995?
THE ASSIGNMENT OF AUTHORITY, RESPONSIBILITY AND TASKS FROM ONE PERSON.
WHAT IS, DELEGATION?
BEING OUTSPOKEN, MAKING QUICK DECISIONS, TAKING CHARGE AND SHOWING A STRONG ATTITUDE ARE INDICATORS OF THIS.
WHAT IS, HIGH DOMINANCE?
MANAGERS USE THIS FORMAL NOTICE TO GUIDE IMPROVEMENT THROUGH SUPPORT AND CLEAR EXPECTATIONS RATHER THAN DISCIPLINE.
WHAT IS, A COUNSELING NOTICE?
IN THE GRIP MODEL, THIS TOP ELEMENT FOCUSES ON INTERPERSONAL RELATIONSHIPS, TRUST, SUPPORT AND TEAM DYNAMICS.
WHAT ARE, PEOPLE?