Concept explainers
Case summary:
Turning points on the road to management.
Characters in the case:
No prominent characters in the case.
Adequate information:
Step 1. Interview a manager whom you know at your university or place of employment, or a parent or friend who is a manager, and ask the following question.
Step 2. Divide into groups of four to six members. One person at a time, share what you learned about a manager's career turning points.
Step 3. Have you personally experienced any turning points in your life?
To determine:
What was a turning point in your life that led you to become the person, and manager that you are today? Collect information on a second turning point if the interviewee has one to describe. Your goal is to learn the specifics about how each turning point led on to the person's current position in life.
What themes or patterns characterize the turning points among the managers interviewed.
Each group member should describe his or her personal turning point to the group. With the additional turning points, analyze again for themes and patterns across all the turning points.
Step 4. What lessons does your group learn from its analysis? How does history (events, decisions) play a role in the lives and careers of the managers interviewed, and in the lives of your group members?
Trending nowThis is a popular solution!
Chapter 2 Solutions
EBK MANAGEMENT, LOOSE-LEAF VERSION
- Management theories are concepts surrounding recommended management strategies, which may include tools such as frameworks and guidelines that can be implemented in modern organizations. Generally, professionals will not rely solely on one management theory alone, but instead, introduce several concepts from different management theories that best suit their workforce and company culture. Briefly discuss the main theories of management. State the proponents in each category?arrow_forwardQuestion Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each of them reports to a different senior manager. These managers’ report to the Managing Director. Once a month after payday, they all try to have lunch together. Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas his manager. ‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time and we just needed to finalize the costing. We had reached an agreement about the cost both of us were comfortable with it. All week I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company they are fast, a good price point for us and willing to customize the stationary for such a small company. Anyway, Nicholas was always too busy to meet, I emailed him…arrow_forwardOption #1: After reading the Creative Mentorship and Career-Building Strategies book, write an APA-style essay about your virtual personal board of directors. In 4 - 6 pages, provide specific information about a few of the roles/players you would include, how you would build your board, and how you would leverage your board. Be specific in regards to ways your board will help you reach your career goals.arrow_forward
- 1. In this discussion forum we further explore the topic of rational actor paradigm, which asserts that individual managers respond rationally to their performance incentives. What if the incentive plan is misaligned with overall business objectives of the firm? The rational actor framework posits that the process will not produce desired outcomes because employees will respond rationally to the misaligned incentive structure. You are asked to apply this thought to sales personnel and the sales commission plans. Commission based compensation plans relies relatively more heavily on sales revenue and less on a base salary, while target-based compensation plans balance base salary alongside sales commissions. Consider the decision by management in selecting the right plan for their sales team. What if the company is in a “mature market” with longer sales cycles, unequal geographic potential, and sales is more of a team effort? In contrast, what if the company operates in a “high-growth…arrow_forwardbook name is principle of health care management foundation for a changing health care 2nd edition by s. goldsmitharrow_forwardRead the situation provided in the picture and answer the following question. What advice would you give Laura on improving her leadership skills andto the managers on improving their management skills?arrow_forward
- Describe one management science tool, technique, or concept that you wish had been discussed (or, perhaps, discussed in more detail) in this course. Explain its potential usefulness to you and describe some of the problems that this tool might be able to solve for you. Explain why you think this tool is important enough that it might potentially nudge out some other topic that was covered in this course.arrow_forwardOpinionated Answers (cite your sources if ever): 1. Mention 5 ethical problems in the business world. In each problem, what will you recommend to the company in terms of its management and resolution. 2. How will you illustrate the morality of profit in business? 3. Explain the Situational Leadership Theory and give one example of a business scenario that will illustrate the leadership theory. 4. Explain the Authentic Leadership Theory and give an example of a business scenario that will illustrate this. 5. Explain the Fielder's Leadership Theory and give one business scenario. 6. Identify and distinguish 5 ethical theories (Kohlberg's Stages of Moral Development; The Machiavellian Principles; The Utilitarianism of Jeremy Bentham; The Kantian Ethics of Immanuel Kant; The Principles of Justice by John Rawls; The Legal Positivism of Thomas Hobbes) on the basis of proponent, proposition, and business implications.arrow_forwardEven though Timna knows she does not ever want to be a manager, she should still consider taking a management course, because (Select all that apply.) Check All That Apply it will help her understand her managers' actions and decisions, which in turn will help her own career. she will be guaranteed to earn a higher salary than if she did not. it will help become a more well-rounded person. as a non-manager, she is likely to have the same responsibilities as a manager.arrow_forward
- c. Why is it important to share the vision (or alternatively the objectives of a business) with fellow employees and relevant stakeholders? In your answer, you should justify your opinion by referring to the roles of "Personal Mastery" and "Mental Model" in this process-arrow_forwardwrite a comprehensive summary (400-500 words) to discuss the following questions: What types of skills or attributes do you think managers need to be successful in their jobs? How should managers develop these skills?arrow_forwardAmong the following options, which option is correct about levels of management? A- A manager's amount of authority is determined by his position in level of management B- Any upward or downward movement in the level of management has nothing to do with the degree of authority. C- An upward movement in level of management indicate decreasing authority D- A downward movement in level of management indicate increasing authorityarrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub