Friday, March 17, 2017

Management Notes 1


Lesson 9: Individual Differences-
1.     Direct Determinants of Individual outcomes
a.     Individual differences are seen as the driver of differences of behavior
b.     Make good matches between people and organizational needs
2.     Stable Traits
a.     Something that stays constant
b.     Cognitive ability
                                               i.     The general capacity for abstract thinking, problem solving, etc. Their ability to grasp new information quickly and make decisions.
c.      Personality
                                               i.     Stable set of behaviors, attitudes, and emotions displayed over time. Easy to get along with, quiet, anxious, etc. Mood might change but personality is stable
                                              ii.     Big 5:
1.     Extraversion- comfortable with people
2.     Emotional Stability- calm self confident and dells with stress
3.     Agreeableness- gets along well with other
4.     Conciousnesness- dependable and responsible, One dimension that is found to be tied with job performance.
5.     Openness to experience
                                            iii.     Focus- ability to keep focus on a certain job or task without being sidetracked. High focus can give attention to immediate problem and return to long term task without loosing speed.
3.     Dynamic States
a.     Values, attributes
                                               i.     Values- rights and wrongs. Different for different people
                                              ii.     Norms- informal rules for conduct understood by a group
b.     Knowledge, skills, emotions
c.      Traits that change over time with education, growth, etc
d.     Some things are more dynamic than others
4.     Use these states to select people for a certain position. Keep note of things that can change and things that cant when selecting individuals.
5.     Attitudes: Collection of feeling and beleifs
a.     Affective- how you feel about the job
b.     Cognitive- What you know about the job that helps you perform it
c.      Behavior- How do you act?
6.     Emotions: affective response to what we are exposed to. Mental and physical components.
a.     Strong feeling and propensity to act
b.     Amygdala is center of the emotional brain
c.      Processed by the cerebral cortex
d.     Neocortex, controls feeling to evaluate situation
e.     Rational thinking part of the brain chooses the best alternative
7.     Emotional intelligence- addresses having a good personality doesn’t equate to success.
a.     Personal Competence
                                               i.     Self awareness- being aware of our own emotions, what triggers emotions
                                              ii.     Self management- ability to manage emotions and think before acting
b.     Social Competence-
                                               i.     Social awareness- how well do we identify the emotions of others
                                              ii.     Relationship management- use that information we picked up on to manage our relationship with people
c.      Social and emotional intelligence becomes more important with rank and time
Lesson 10: Motivating Employees
1.     Motivation- arouses and directs goal-directed behavior; phycological but observed via behavior
2.     Manifested in -> direction, magnitude, persistence
3.     Catilist for effort; effort is the resulting action that can generate outcomes
4.     Sources: Internal and external
a.     Extrinsic- perceived need or desire to respond to some external force
                                               i.     External reward
b.     Intrinsic- response to internal stimulus
                                               i.     Want to make an internal goal
                                              ii.     Require no additional stimuli to complete tasks
c.      Research shows that intrinsic people with a bonus and then later removing a reward will cease behavior. Person is trained to be extrinsically motivated
5.     Theories
a.     Maslows Hierarchy- People work bottom to top. Bottom has the highest potential. Make you all you can be is self actualization. Health insurance- safety and security. We need to know our employees needs when we are trying to motivate them.

b.     Reinforcement theory- concequences associated with behavior to shape future behavior. Attach outcomes to wanted or not wanted behavior.

c.      Herzberg;s motivator-Hygeine Theory- Not all potential outcomes have the same motivating factors.
                                               i.     Hygiene factors reduce dissatisfaction
                                              ii.     Motivators improve satisfaction

d.     Expectancy Theory- If expectations, instrumentality, and valiance are high then the effort infested in the task and outcomes will be high as well.  These are multiplicative.

e.     Equity Theory- Applied often to compensation but involes comparisons to others. Are we being treated equitably? Outcomes we get vs the inputs we put in. Is the ratio in check with the “deals” that other people get? We say deals are equitable when the ratios are equal. When it is not equitable, we will act to restore equity.
f.      Goal Setting  Theory- Motivation theory where individuals achieve better results when people work towards difficult but achievable goals. Goals establish a target for action and give direction. Ensures people work hard maximizing magnitude. People will keep working even with challenges or failures.

Lesson 11: Understanding work teams
1.     Groups are people who share a common interest
2.     Teams are outcome directed and develop interdependencies as they work on shared goals.
3.     People share groups for many reasons:
a.     Security, status, self-esteem, affiliation, power, goal achievement
4.     How do dynamics differ with teams
a.     Result of more people
b.     More total resources, greater variety of skills and knowledge
c.      Requires more communication and coordination
5.     
a.     Individual differences expand
b.     Team tactics focus on the best way to get to the outcome as well as an additional layer of communication
6.     Challenges: Developing and sustaining high levels of motivation , minimizing confusion
7.     Teams are not the answer to all problems
a.     Not always more effective. Sometimes good teams still fail
b.     Managers fail to recognize team building responsibilities
c.      Conflict is not always a bad thing.
8.     Synergy- where combining pieces where whole is greater than the sum of the parts. Can be done when a team is put together correctly. Not all teams generate synergy.
9.     Process losses- Teams generate outcomes worse than if they did it indidually
10. Why teams fail:
a.     Failure to participate fully
                                               i.     Hierarchy problems, upper level people are more likely to respond and their responses are given more weight. Good information might be lost or not weighed fairly.
                                              ii.     Undervalue own contributions.
b.     Failing to listen carefully
                                               i.     Failing to achieve differently framed problem
11. Unique problem:
a.     Group think- group members think about problems in the same way and reach solutions quickly without challenging the growing consensus.
b.     Abilene Paradox- Initially none of the people think the solution is correct.
12. What teams do not do well- Some solutions developed don’t fit needs well
a.     Develop coherent programs or solutions
b.     Produce complex assignments of responsibilities
13. What do teams do well
a.     Help fully frame problems, identify conditions of acceptable solutions
b.     Evaluate and fine tune alternatives
c.      Reach agreement and make decisions.
14. Team decision making
a.     
b.     Low conflict= low performance, Middle conflict= high performance, high conflict= high performance
c.      Two different types of conflict
                                               i.     Task- conflict around issues solving organizational meaningful problems. Issue centered. Push for better solutions. Positive association with performance
                                              ii.     Interpersonal- conflict between team members not related to the task. Reduces communication and reduces performance.
d.     Improvement techniques
                                               i.     Brainstorming- idea generating process that encouragrs alternatives
                                              ii.     Anonymous electronic meetings- meeting of a nominal group technique in which participants are linked my a computer keeping identities hidden.
15. The five sysfunctions of a team
a.     
b.     Builds from bottom up in order of importance
c.      Trust is the foundation of teamwork. If they don’t trust each other then they wont give information in a timely manner. Team members might be unwilling to ask for help if they don’t trust other people.
d.     Mastering conflict- debate must be developed around central issues. Conflict must be about the issues not about personal relationships. Conflict will always be uncomfortable and norms must be clear. Fear of personal conflict should not prevent productive debate.
e.     Achieve commitment through solutions. All points of concerns have been addressed and the solution is understood. It requires clarity and a buy in. Clarity requires avoiding assumptions and ambiguity and reaching a clear understanding about decisions.
f.      Accountability- Failing to take ownership of a teams outcomes. Accountability on a strong team occurs among peers. Peer pressure and distaste motivates a team member more than a supervisor. Team leaders must be willing to confront issues.
g.     Focus on results- accountable teams focus on accomplishments and teams priorities goals over personal goals. Traditional change where people pledge their allegiance to their team. Keep results public and visible.
Leadership:
1.     Ones capacity to inspire direct and guide oneself and others toward goals.
2.     What does a good leader look like -> it depends
3.     Happens in all tasks; Leaders can do good or do bad
a.     Hitler even displayed qualities of a strong leader
4.     Leaders display qualtities such as: loyalty, courage, dsire, stamina, empathy, decisiveness, anticipation, timing, and more…
5.     Leadership thought
a.     Trait theories: no characteristic is consistent signal for who will be good leaders. Being tall, male and older. Old thought process.
b.     Behavioral theories: Leaders are defined by the types of behaviors they typically demonstrate. Still examples where this doesn’t work.
c.      Contingency throries- context, actors and goals interact to determine who leaders behaviors will be most appropriate. We can all learn to be better leaders
6.     Approaches to leadership
a.     Visionary leadership
                                               i.     The ability to create and articulate a realistic , credible, attractive vision of the future that rows out of and improve upon the present
                                              ii.     Inspire followes by looking at the future. Calls people to action
                                            iii.     Typically valued centered, imagery, and articulate
                                            iv.     Examples: MLK
b.     Charismatic leadership
                                               i.     Appear to be most effective when the followers task has an ideological component or when the environment involves a high degree of stress or uncertainty.
                                              ii.     Heroic or extraordinary leadership through energizing followers because they are well liked. Followers are extremely satisfied. Calls people together.
                                            iii.     Example: JFK
c.      Transactional leadership
                                               i.     Leaders who guide or motivate their followers toward established goals by clarifying role and task requirements
d.     Transformational leadership
                                               i.     Leaders who inspire followers to transcend their own self-interests for the good of the organization to reshape the organization in new ways or toward better ends.
e.     Managerial grid
                                               i.     
                                              ii.     Distinctions between initiating structure and getting worked done vs their consideration for people. Focus on people vs the task at hand.
1.     Low on both ends- liaise fare managers
2.     9,1- task focused managers
3.     1,9- people focused managers
4.     9,9- equally high interests
5.     5,5- accommodating leaders but didn’t emphasize or push both.
f.      Self-leadership
                                               i.     Before we are ready to lead others, we must be able to lead yourself.
                                              ii.     Act creativly, decisively, and wisely
                                            iii.     Effective communication with people on a daily basis
                                            iv.     Apply expertise of others when taking calculated risks
                                              v.     Seek excellence in all you do
                                            vi.     Energize your enthusiasm for life
                                           vii.     Develop a vision for success and decide wheat you want to be
                                         viii.     Commit yourself to your vision with passion
                                            ix.     Have integrity, self-confidence, and your own style
                                              x.     Achieve a balance between work and fun
                                            xi.     Maintain a lifestyle to ensure your health
                                           xii.     Expand your personal boundries by volunteering
                                         xiii.     Understand and enhance beneficial motivating forces
                                         xiv.     Stay sensitive and considerate to those around you
                                           xv.     Keep a positive attitude as your spend your time in your life
Seven habits of higly effective people
1.     Proactive
2.     Begin with the end in mind
3.     Put first things first
4.     Think win-win
5.     Seek first to understand then to be understood
6.     Synergize
7.     Sharpen the saw- take the time to learn and be responsible for using your own toolshed of skills
g.     Servant leadership- see the job of leading first as service.
                                               i.     Emphasize the growth of those served
h.     Follower-ship
                                               i.     Willingness of people to help those in leadership
                                              ii.     Single most important characteristic is to speak up when things are not going well
7.     Leadership isn’t just about being out in front
8.     Trust- the willingness to put oneself at risk of injury by another. MUST HAVE TRUST to be an effective leadership
9.     Substitutes for string leadership
10. Challenges of leading in teams
a.     Learning to share information
b.     Developing the ability to trust others
c.      Learning to give up authority
d.     Knowing when to leave teams alone and when to interject.

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