Context of Strategy - answer-organizational behavior and human capital management
decisions should always be made with overall company in mid.
Derailers - answer--Insensitivity to others
-Poor working relations
-Inability to build or lead a team
-Authoritarianism
-Inability to change and adapt
Human Relations Movement - answer-proposed that better human relations could
increase worker productivity
McGregor's Theory X - answer--People dislike work and avoid it whenever possible
-People need to be coerced to work
-People require close supervision at all times
-Most prefer to be directed, have little ambition and avoid responsibility
McGregor's Theory Y - answer--Work is seen as a natural activity, like play or rest
-Given objectives, people can be very self-directed
-People become committed to objectives with some reward
-Most people are ambitious and can accept (and seek out) responsibility
Human Capital - answer-knowledge, honesty, confidence, skills
Social Capital - answer-trust, respect, friendship, shared goals - not a given, but orgs
want it
Strategic Management Overview - answer-Critical to success, addresses competitive
challenges faced by org, plan for integrating goals, tactics and acionals, has two major
forms below
Strategy Formulation - answer-strategic management elements (designing/developing a
strategy)
, Strategy Implementations - answer-strategic management elements (making it
happen/implementation)
Linking strategy and human resource management - answer-
Ethical Issues - answer-Points of concern about what is morally right
Causes of Ethical Behaviors - answer--ill conceived goals
-motivated blindness
-indirect blindness
-slippery slopes
-overvaluing of outcomes
Mergers - answer-The joining together of two or more companies or organizations to
form one larger one.
Acquisitions - answer-the incorporation of one firm into another through purchase
Offshoring - answer-Moving operations from the country where a company is
headquartered to a country where pay rates are lower but the necessary skills are
available.
Organizational Culture - answer-The set of shared, taken-for-granted implicit
assumptions that a group holds and that determines how it perceives, thinks about, and
reacts to its various environment
Values - answer-broad beliefs, end states, behaviors, apply across most situations,
influence behavior, can be ordered
Culture - answer-collective function of individual experience and behavior
Espoused Values - answer-values org STATEs it believes in (mission statements, etc.)
Enacted Values - answer-values org members PERCEIVE are valued by org
Ways to assess culture - answer--Innovation and Risk taking
-attention to detail
-outcome orientation