MGT 3200 Study Guide - Midterm Guide: Industrial Revolution, Organizational Architecture, Job Design
Document Summary
Effectiveness = doing the right thing at the right time. Just because you are efficient doesn"t mean you are effective (trying to have the best blowout football party with . Human resources only as strong as the people surrounding you. Build theories on how to treat people, test those theories, and refine those theories. So as an academic it is scientific. The industrial revolution forever changes how work is performed: productivity capitalism increases, prices decrease, consumption and demand increases. Interpret and integrate (bring together); between top and first line (communicate), minimize resource costs; cut the fat lean and mean; deal/resolve conflicts between 1st line managers (1 wants stability, 1 wants change. Middle managers decide how much to do of each and keep both happy. The managers who remain are asked to do more work. Staff management functions are farmed out to consulting firms: training and development, legal services, customer services (outsource them, all about cutting costs outsourcing is cheaper.