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New Competitive Landscape
- Globalization
- Technological Change
- Knowledge Management
- Collaboration across "Boundaries"
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Knowledge Management
Practices aimed at discorvering and harnessing an organization's intellectual resources.
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Managing for Competitive Advantage
- Innovation
- Quality
- Service
- Speed
- Cost Competitiveness
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Innovation
the introduction of new goods and services.
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Quality
The excellence of your product (goods or services).
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Service
The speed and dependability with which an organization delivers what customers want.
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Speed
Fast and timely execution, response, and delivery of results.
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Cost Competitiveness
Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers.
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Management
the process of working with people and resources to accomplish organizational goals.
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Planning
the management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue.
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Value
The monetary amount associated with how well a job, task, good, or service meets users' needs.
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Organizing
the management function of assembling and coordinating human, financial, physical, informational, and other resources needed to achieve goals.
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Leading
the management function that involves the manager's efforts to stimulate high performance by employees.
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Controlling
the management function of monitoring performance and making needed changes.
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Top-Level Managers
Senior excutives responsible for the overall management and effectiveness of the organization.
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Middle-Level Managers
Managers located in the middle layers of the organizational hierarchy, reporting to top-level executives.
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Frontline Managers
Lower-level managers who supervise the operational activities of the organization.
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Techinical Skill
the ability to perform a specialized task involving a particular method or process.
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Conceptual and Decision Skills
Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members.
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Interpersonal and Communication Skills
People skills; the ability to lead, motivate, and communicate effectivley with others.
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Emotional Intelligence
The skill sof understanding yourself, managing yourself, and dealing effectively with others.
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Social Capital
Goodwill stemming from your social relationships
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