Intro to Management- Part 1
Terms
undefined, object
copy deck
- Define: Boomerang Management
- when a manager reverts from a management point of view to a worker’s point of view. A result of being “lonely on the sidelineâ€.
- Define: Participative Management
- (circa 1960 -1970) Employees participate in decisions that concern them; the birth of “empowerment.†Employees become more objective and share concerns and objectives of management. “Management by Open Communicationâ€
- Define: Scientific Management
- This theory stems from the work of Frederick Taylor (circa 1900). Its goal emphasizes the increase of productivity in factories applying a scientific approach to human performance on the job. “The best way theory.†It has four features: 1 Standardization of work procedures, methods and conditions 2 Careful selection of people and equipment 3 Complete and constant supervision 4 Incentive pay
- Define: nonexempt employees
- are covered by federal and state wage and hour laws. They are hourly employees that are guaranteed minimum wage and overtime (after 40 hours).
- Define: Human Relations Theory
- (circa 1930 – 1940) Focus shifted from work to people: emphasizes the importance of workers as individuals Workers given a sense of belonging Theme was happy employees = productivity
- Define: Humanistic Management
- - A combination of scientific, human relations, participative, and TQM systems - Open communication and commitment to common goals - Manager becomes LEADER - Concern for R.O.E.
- Define: Exempt Employees
- are not covered by federal and state wage and hour laws. Not entitled to overtime compensation