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Applied business
People Unit
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Ethereal. Su
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Cards (176)
What does POMER stand for?
Planning
Organising
Monitoring
evaluating
Reporting
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Managers set
objectives
and decide how to go about
achieving
them
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Planning
1.
Audit
2.
Objectives
3. Review of where the
business
is now
4. Where does the
business
want to be in the
future
?
5. How will the
business
make the
journey
from where it is now to where it wants to be in the future
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Planning
The process of
outlining
and
scheduling
all of the tasks necessary to achieve an outcome
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Planning involves
Assessing current
performance
Collating data to inform
future
decisions
Setting
business
and/or
functional
objectives
Producing
functional
plans e.g. a workforce plan
Identifying resource
requirements
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Planning
, to be effective, must be
ongoing
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Types of plans
Workforce
plan
Marketing
plan
Financial
plan
Operations management
plan
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Failing to plan is planning to
fail
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Organising
The process of
coordinating
all of the
resources
required to achieve an outcome
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Inefficient organisation of resources can result in: Inability to match supply to demand, Excess resources resulting in
higher average costs, Poor reputation, Over utilisation of resources
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Monitoring
and
evaluating
The process of
reviewing
and
assessing progress
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Monitoring
An ongoing activity where corrective action is necessary
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Evaluating
Forming a judgement on how well
functions
,
products
or individuals are performing in relation to targets
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Reporting
The process of providing a
detailed
description of an
event
or outcome
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Types of reports
Verbal
or
written
Formal
or
informal
Individual
or
group
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Reports will identify performance against objectives as well as
future
actions required to
improve
performance
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Decision-making
1. How to allocate
resources
2. Setting
budgets
3. Who to
hire
4. What
products
to sell
5. Which suppliers to use
6. How to
motivate
staff
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Problem-solving
1. Resolving employee
disputes
2. Solving
cash flow
issues
3. Reducing
expenditure
4. Dealing with
customer
complaints
5. Stakeholder
relations
6. Responding to
competitors'
actions
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FOCUS
Find a
problem
Organise
the
resources
Clarify
exactly what the problem is from a number of
view points
Understand
the possible
variations
in the problem and the factors contributing to these
Select
and
test
a solution
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FOCUS helps all employees "focus" on making
continual
improvements. Everyone is involved in
problem
solving
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What are the two main types of organisational structures mentioned?
Flat
and
hierarchical
organisational structures
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How is a hierarchical organisational structure characterized?
It has many
layers
, long
chains
of command, and narrow spans of control
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What defines a flat organisational structure?
A flat structure has few
layers
, short
chains
of command, and wide spans of control
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What is
organisational
design?
It is the framework that provides a business with a
structure
to achieve its
objectives
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What does organisational structure refer to?
It refers to the way in which the workforce within a firm is organised, including
job roles
and
communication flows
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What do organisational charts provide?
They provide a visual
representation
of the organisational
structure
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What are the benefits of hierarchical structures?
Opportunities for promotion
Clear divisions between managers and workers
Higher earning potential
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What are the benefits of flat structures?
Quicker communication and decision-making
Employees feel more empowered
Lower labour costs
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What is centralisation in organisational structure?
Centralisation is when
decision-making
responsibility is maintained by a limited number of
senior
managers at the top of the hierarchy
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What is
decentralisation
in organisational structure?
Decentralisation
is when decision-making responsibility is delegated to a number of
middle managers
throughout the hierarchy
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What are the characteristics of a hierarchical structure?
Employees organized into multiple levels based on seniority
Clear channels of communication
Defined responsibilities and progression opportunities
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What are the advantages of a matrix structure?
Advantages:
Communication
across
functional
areas
Diverse
viewpoints
considered
Motivational
for employees
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How does a
hierarchical
structure affect
communication
?
Communication
may be
slow
or
stifled
due to multiple
layers
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What is a
potential
drawback of a
matrix
structure regarding
team
dynamics
?
Teams
may take
time
to
work
together
effectively
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What factors influence employee performance and motivation within organisations?
Both financial and non-financial motivators, as well as organisational culture
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Why is it important to understand both
financial
and
non-financial
motivators
?
Because they both significantly impact employee performance and motivation
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What key theories are discussed in the content regarding motivation?
Herzberg’s Dual Factor Theory
,
Maslow’s Hierarchy of Needs
,
Locke’s Goal Setting Theory
, and
Vroom’s Expectancy Theory
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How does
Johnson and Scholes’
cultural web
relate to employee motivation?
It illustrates how various elements of culture interact to affect employee motivation and performance
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What is the impact of a strong
organizational culture
on
employee engagement
?
A strong organizational culture fosters engagement
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What can a weak
organizational culture
lead to in terms of employee behavior?
A weak culture can lead to
disengagement
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See all 176 cards
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