Principles of Management Midterm 1 Study Guide PDF

Preview

Summary

Study guide for Midterm 1 Principles of Management with Chris Stevens...

Description

Videos and Class Slides Sheryl Sandburg, COO Facebook ● Women attributed success to external factors, men to internal factors ● Sit at the table ● Don’t leave before you leave ● Make your partner a real partner Darla Moore ● From South Carolina ● Her and Michelle Obama first two women admitted to Augusta golf club ● Realized power is in $, not politics ● Distressed prop. Financing, became highest-payed woman in banking ● Took over Rainwater Capital and tripled revenue ● U South Carolina business school is Moore School of Bus Simon Sinek video (class 3) ● “If you don’t understand people, you don’t understand business Simon Sinek video (class 4) Simon Sinek video - leaders eat last (class 4) ● In the marines, officers eat last, why it is such a strong organization ● Mother threw herself on her child during schooting ● Mark of true leaders Simon Sinek - 4 reasons millenials struggle in the workplace Jack Welch ● CEO of GE ● Prescription for Change: accept change, never stop thinking about how to change, review your agenda continuously ● Prescription for Learning: managing less is better, manage by creating a vision, lead don’t manage, instill confidence ● Prescription for Nurturing Leaders: find leaders who are willing to swallow their egos, offer employees more responsibility and they’ll make better decisions, employee accountability = productivity, nurture employees with right values even if they don’t make their #’s Amy Bockerstette ● Will attend Paradise Valley Community College for golf ● Played par3 16th hole at Waste Management Phoenix open with Matt Kuchar and Gary Woodland ● 13 tips to have a good life Dan Pink ● The best motivated employees have three characteristics: Autonomy, Mastery, Purpose ● Different people are motivated by different influences ● Incentives sometimes dull the creative process, extrinsic motivators are effective for simple, clearly defined tasks but are harmful for 20th century tasks requiring outside-the box thinking because they narrow the mind ○ The Candle Problem

● There is a mismatch between what science knows and what business does ● FedEx time at Australian company for employees to come up with new ideas ● Wikipedia example of autonomy and intrinsic motivators working to motivate people Denzel Washington ● Put God First video ○ In the beauty parlor, when he was flunking out of college, a woman told Denzel he would travel the world and speak to millions of people ○ Fail big, dream big ○ “Dreams without goals are just dreams” ○ “In order to achieve your goals, apply discipline and consistency” ○ “Just because you’re doing a lot more, doesn’t mean you’re getting a lot more done” ○ You’ll never see a UHaul behind a hearse ○ Put your slippers under your bed so to get them, you have to get on your knees and pray ○ Say thank you in advance for what’s already yours ○ “Don’t aspire to make a living, aspire to make a difference” ● Fall forward video ○ Denzel’s broadway play, fences, went to the Ford theatre where he failed again and again earlier in his life ○ “If you don’t fail, you’re not even trying ○ Standing around your death bed will be the ghosts of your failed potential Columbia Shuttle ● Damage from foam strike thought to be minor, requests for external photos were squelched by Ham ● NASA’s culture prevented concerns from reaching top decision-makers, plagued by pressures to maintain launch schedules Barbara Jordan on Impeachment Extreme Ownership - Jocko Willink ● When a team takes ownership of the problems, the problems get solved Admiral McRaven Commencement Speech ● UT Austin motto: “what starts here can change the world” ● Make your bed every morning, accomplishing this first task of the day will encourage you to accomplish more tasks. Also reinforces the fact that the little things matter. And if you have a bad day, you will still come home to a made bed, which encourages for tomorrow ● “If you want to change the world… ○ Make your bed” ○ find someone to help you paddle” ○ measure someone by the size of their heart, not by the size of their flippers” ○ get over being a sugar cookie, and keep moving forward” ○ Don’t be afraid of the circus” ○ Sometimes you have to slide down the obstacles head-first” ○ Don’t back down from the sharks”

○ You must be your very best in the darkest moment” ○ Start singing when you’re up to your neck in mud” ○ Don’t ever ring the bell” Amber Starks ● There is no standard of beauty, but diversity in beauty ● No one holds the monopoly on beauty ● As a child, Amber wanted fair skin, light eyes, and long flowing hair ● You don’t owe prettiness to anyone. Prettiness is not the rent you pay for occupying a space marked “female” ● Natural hair movement ● You are the only person that will get to be you. So if you don’t live your life as yourself and love yourself, who will get to do that? Stephen Trzecik - Compassion ● What survivors of the bus accident remember 5 years later ○ Pain on impact ○ Lack of compassion of caregivers ● Compassion makes up...