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Lernmaterialien für Organisation an der TU München

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What are the perspectives on Corporate Governance? (2 dimensions)
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1a. Organization -> inward 1b. Organization -> outward 2a. Formal Structure 2b. Behavioral Structure 3b. Behavioral Process
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Agency relationship: Why do contracts often not work? What are solutions?
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Problem: Information asymmetry between principal and agent. Solution: Watch, Count, Pay
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What are the disciplanary forces of the management?
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Markets: 1. Stock market 2. Labour market ("market value" of manager) 3. Debt market
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Pro/Con Arguments to Friedman's social responsibility argument?
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Pro: - expertise in profit maximisation - no right to do anything other Con: - owner is not relieved from moral obligation - owners also transfer moral obligation to managers - individual responsibility of manager - crime precedes law
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What makes unethical behavior contagious?
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It's about in-groups. cheating within in-group: signal of social acceptable cheating outside of in-group: dissociation from that group
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potential reasons for conflicts and misunderstandings between supervisors & employees?
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downwards: 1. missing vision 2. unclear vision 3. not sufficient information of employees 4. mistakes in leader behavior upwards: 1. missing employee identification 2. missing motivation 3. fear of change
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Definition of leadership in science?
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P. Drucker: "has followers" Maxwell: "influence"
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What should you know about trait theory?
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- Idea: leader has certain traits - How to measure traits: OCEAN - Not sufficient (only explains 22%)
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Behavioral leadership theory: explain the construct by Rosenstil
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2 dimensions of leadership behavior: 1. Task orientation 2. Person orientation From this derive leadership styles: (0,0) indifferent (1,0) dictator (0,1) accomodating country club (1,1) sound/team middle: status quo
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Situational leadership: what is the general idea and what does it depend on
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general idea: different leadership behavior/style according to situation depends on: - culture - management - values - task - competencies - employee
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Main two leadership styles?
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transactional <-> transformational
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Two central management problems?
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1. Lack of motivation (motivation) 2. Lack of knowledge (coordination)
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Beispielhafte Karteikarten für deinen Organisation Kurs an der TU München - von Kommilitonen auf StudySmarter erstellt!

Q:
What are the perspectives on Corporate Governance? (2 dimensions)
A:
1a. Organization -> inward 1b. Organization -> outward 2a. Formal Structure 2b. Behavioral Structure 3b. Behavioral Process
Q:
Agency relationship: Why do contracts often not work? What are solutions?
A:
Problem: Information asymmetry between principal and agent. Solution: Watch, Count, Pay
Q:
What are the disciplanary forces of the management?
A:
Markets: 1. Stock market 2. Labour market ("market value" of manager) 3. Debt market
Q:
Pro/Con Arguments to Friedman's social responsibility argument?
A:
Pro: - expertise in profit maximisation - no right to do anything other Con: - owner is not relieved from moral obligation - owners also transfer moral obligation to managers - individual responsibility of manager - crime precedes law
Q:
What makes unethical behavior contagious?
A:
It's about in-groups. cheating within in-group: signal of social acceptable cheating outside of in-group: dissociation from that group
Mehr Karteikarten anzeigen
Q:
potential reasons for conflicts and misunderstandings between supervisors & employees?
A:
downwards: 1. missing vision 2. unclear vision 3. not sufficient information of employees 4. mistakes in leader behavior upwards: 1. missing employee identification 2. missing motivation 3. fear of change
Q:
Definition of leadership in science?
A:
P. Drucker: "has followers" Maxwell: "influence"
Q:
What should you know about trait theory?
A:
- Idea: leader has certain traits - How to measure traits: OCEAN - Not sufficient (only explains 22%)
Q:
Behavioral leadership theory: explain the construct by Rosenstil
A:
2 dimensions of leadership behavior: 1. Task orientation 2. Person orientation From this derive leadership styles: (0,0) indifferent (1,0) dictator (0,1) accomodating country club (1,1) sound/team middle: status quo
Q:
Situational leadership: what is the general idea and what does it depend on
A:
general idea: different leadership behavior/style according to situation depends on: - culture - management - values - task - competencies - employee
Q:
Main two leadership styles?
A:
transactional <-> transformational
Q:
Two central management problems?
A:
1. Lack of motivation (motivation) 2. Lack of knowledge (coordination)
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