Principles of Management by https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5 en-us 2019-07-04 15:28:51 UTC 2025-05-11 19:29:29 UTC hello@padlet.com https://imgglb.padletcdn.com/v13/image?t=g_auto&url=https%3A%2F%2Fpadlet.net%2Ficons%2Fpng%2F1f433.png Top Managers caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370224969 "Top managers are ultimately responsible for the long-term success of the organization. They set long-term goals and define strategies to achieve them. They pay careful attention to the external environment of the organization: the economy, proposals for laws that would affect profits, stakeholder demands, and consumer and public relations. They will make the decisions that affect the whole company such as financial investments, mergers and acquisitions, partnerships and strategic alliances, and changes to the brand or product line of the organization." 

I find this analogy of a top manager position relating to a game of chess, poker, etc. because even though the top manager will need to make hard decisions, ultimately they know how to weigh the pros and cons. ]]> 2019-07-04 15:30:31 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370224969 Remaining Humble caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370225612 The quote is nice but I really liked the picture. Maintaining humbleness is incredibly important if you are ever seeking a management position. It does not matter if you are a millionaire CEO or the team leader at Taco Bell, being humble will allow your company to maintain those talented employees you so eagerly sought after.  ]]> 2019-07-04 15:39:17 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370225612 Educational Diversity caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370238739 It is really important to celebrate diversity & understand that diversity includes the way people learn. ]]> 2019-07-04 19:00:43 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370238739 The Nice Guy Does Win caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370239432 "In 2017, OSHA ordered Wells Fargo to pay $5.4 million to a former manager who said he was fired in 2010 after reporting to his supervisors and to a bank ethics hotline what he suspected was fraudulent behavior.

The $5.4 million, intended to cover back pay, compensatory damages, and legal fees, was the largest individual award ever ordered through OSHA’s whistleblower protection program at the time."

]]> 2019-07-04 19:13:45 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/370239432 Finding Innovative Solutions from a Great Example caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371051127 This example of a common market, the Economic Community of West African States (ECOWAS), involves 15 West African states with the main goal of improving living standards and economic development. ECOWAS has also developed a peace keeping force to prevent and protect each other from conflict. I find this interesting because I feel that we can use this type of market strategy here in the U.S., especially in areas suffering extreme poverty. ]]> 2019-07-13 19:00:49 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371051127 Leading (Page #5) caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371051458 "Power distance and humane orientation are important considerations for leaders." 

I think it is correct to assume that most different cultures/ people are expecting to be led assertively. I think it's so important to know those that you are leading so that when something goes wrong, you can humanely direct them and help them adapt so they can be all they can be. ]]> 2019-07-13 19:12:21 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371051458 Contingency Planning caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371963444 "A contingency plan describes what will happen in a possible—but not expected—situation." 
It was shocking for me to learn that BP did not have a contingency plan for oil spills. $46 billion dollars is no comparison to the environmental damage that was caused from not having a contingency plan. It was important for me to understand that a contingency plan doesn't mean "Plan B," but more along the lines of what the company needs to do if the absolute worst thing that could happen, happens.  ]]> 2019-07-23 01:32:35 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371963444 caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371965204 2019-07-23 01:45:32 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/371965204 Rational Decision Making caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/372453396
  • Identify the Problem
  • Establish Decision Criteria
  • Weigh Decision Criteria
  • Generate Alternatives
  • Evaluate Alternatives
  • Select Best Alternative
    • I think that the most important step in making a rational decision is Step #2: Establishing the Decision Criteria. What & who's interests, values, and preferences are truly relevant?

    ]]>     2019-07-27 19:40:39 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/372453396     Job Characteristics Model caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/372494885 I love how Hackman & Oldham's Job Characteristics Model looks at the internal environment of an organization. I definitely think that it's important to remember that the combination of skill variety, task identity, task significance, autonomy, and feedback will be a great factor in employee motivation. ]]> 2019-07-28 18:58:31 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/372494885 Open and Clear Communication caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373107184 I like how the text includes open and clear communication as one of the top ten ways to create a high functioning team. I think while it's important to encourage others to speak up, it is equally important to take the time to really listen. Some people say one thing, but are meaning something else. As a manager or supervisor, it is important to try to understand each team member and their communication styles. ]]> 2019-08-03 02:51:44 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373107184 Performance Evaluations caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373179757 Out of the 7 techniques used to evaluate employee performance listed in the text, my favorite is the Rating Scale technique because it reveals both improvement and motivation. ]]> 2019-08-04 17:38:09 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373179757 Persuasive Communications caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373179956 I loved reading the Communications text and appreciated the Persuasive Communications definition and how it can be equally important to both leaders and managers. The Persuasive Communications theory addresses five objectives to effectively communicate: 
    1) Stimulation 
    2) Convincing
    3) Call to action 
    4) Increase consideration 
    5) Tolerance of alternative perspectives. ]]>     2019-08-04 17:43:50 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373179956     Laissez-Faire/Free-Rein Leadership caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373180130 This leadership style is my favorite because I like to work with honest, goal-orientated, and hard working people. People who are like this tend to dislike micromanagement. As a manager, I do not want to hinder creativity, diversity, or innovation by micromanaging my staff. ]]> 2019-08-04 17:49:07 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373180130 Goal-Setting Theory caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373180681 Edwin Locke, 1960s, proposed that intentions to work towards a goal are a major motivational factor. Using SMART goals, or goals that are specific, measurable, achievable, realistic, and goal-bound are the best way to ensure success of the team. I like how the text refers to goals as "challenges" to entice employees as well as how the text reinforces the importance of feedback to keep track of progression or regression. ]]> 2019-08-04 17:59:28 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373180681 Theory of Constraints (TOC) caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373182452 The Theory of Constraints, or TOC, postulates that an organization is "only as strong as it's weakest link." Internal constraints are then listed as equipment, people, & policy. External constraints include scarcity, contracts, & legalities. 

    What stands out the most to me in this theory is identifying people as a constraint. It is satisfying to read that one negative mindset among a group can lead to lost profits and inhibit growth. ]]>     2019-08-04 18:49:10 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373182452     Pareto Analysis caitlinvaleriesusman817 https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373183748 I like the Pareto Analysis, which states that "80% of the result can be generated from 20% of the work." This is important in regards to production because a lot of times, employees will focus on things that are insignificant to the overall success of a practice. ]]> 2019-08-04 19:28:12 UTC https://padlet.com/caitlinvaleriesusman817/5imzdaigfps5/wish/373183748