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Mgmt 310 Exam 2 Review

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MGMT 310 EXAM 2 REVIEW

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MGMT 310 EXAM 2 REVIEW

Performance Management System Steps - Answers -1. Define Performance
2. Monitor and Evaluate performance
3. Provide Feedback and coaching
4. Provide consequences

Define Performance - Answers -1. Performance Goal: targets a specific end result
2. Learning Goal: involves enhancing your knowledge or skill

SMART Goal - Answers -Specific, measurable, attainable, result oriented, time bound

Monitoring Performance - Answers -involves measuring, tracking or otherwise verifying
progress and ultimate performance. Use this to identify problems while you are pursuing
your goal.

Evaluating Performance - Answers -Process of comparing performance at some point
in time to a previously established expectation or goal.

360 Degree Feedback - Answers -Individuals compare perceptions of their own
performance with behaviorally specific performance information from their manager,
subordinated, and peers

Feedback - Answers -information about performance shared with those in a position to
improve the situation

Effective Feedback - Answers -is only information (such as data), it is not an evaluation

Coaching - Answers -customized process between two or more people with the intent
of enhancing learning and motivating change

Extrinsic Reward - Answers -Financial, material, and social rewards

Intrinsic Reward - Answers -Self Granted... meaningfulness and achievement

Distribution Criteria - Answers -Results: relatively tangible
Behavior/actions: cooperation, creativity
Nonperformance considerations: based on job, equity, tenure

Desired Outcomes - Answers -Extrinsic, Total and Alternative Rewards

Total Rewards - Answers -encompass not only compensation and benefits, but also
personal and professional growth opportunities

, Pay for Performance - Answers -monetary incentives linking at least some portion of
ones pay directly to results or accomplishments.

Law of Effect - Answers -behavior with favorable consequences tends to repeat, while
behavior with unfavorable consequences tends to dissappear

Respondent behavior - Answers -unlearned reflexes
ex) removing your hand from a hot stove

Operant behavior - Answers -learned when one "operates on" the environment to
produce desired consequences.

Positive OB - Answers -study and application of positively oriented human resource
strengths and psychological capacities that can be measured developed, and effectively
managed for performance improvement in today's workplace

POB Inputs/Processes - Answers -positive emotion, mindfulness, organization culture
& climate

POB Outcome - Answers -Flourishing: all levels of performance

POB Work through - Answers -Amplifying, Buffering, Positive spirals

Amplifying Effect - Answers -Positive practices have an amplifying or escalating effect
on positive outcomes.

Prosocial effect - Answers -positive acts performed without expecting anything in return

buffering effect - Answers -reduce the impact of negative events

positivity effect - Answers -tendency to spiral upward

Positive Deviance - Answers -successful performance tht dramatically excees the norm

Doing well - Answers -Profitable and performing at a high level

Doing good - Answers -making the well being of their employees and other
stakeholders a priority

Conscious Capitalism - Answers -Higher purpose, stakeholder interdependence,
conscious leadership, conscious culture

B corp certification - Answers -Benefit Corporations

Positives - Answers -Have 3, 5 or more positives to every negative

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