MGT 3320 Chapter : MGT3320 9122016
Document Summary
Employee treatment: no strict hours, schedule or assignments; no hr dept, call it people dept. Competitive: gain advantage through management of human resources. Measure how well employees are doing through performance reviews. *in market with a lot of competition, achieve differentiation by: Retain good employees (list of retention methods on moodle) Mission of a company: how to achieve purpose. Agency problem: two groups have slightly different views of what"s going on. Corporate governance: monitors the actions of the top management team to ensure that stockholders" interests are protected. People had to buy stock with their 401 k. Adaption model: manage organization strategy with basic conditions of environment. Defender strategy: works best in environment with low risk. Prospect: look for other opportunities if risk is high within. Analyzer: between defender and prospect analyzing, deciding what to do. Reactor: failed strategy, not successful, not getting ahead of market.
