INtro Chapter 10 - MISSED CLASS GET NOTES Intro Chapter 10...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
MISSED CLASS GET NOTES Intro Chapter 10 Empowerment- o giving employees authority and responsibility to make decisions about their work without traditional managerial approval and control Linking Rewards to Company Performance o Employee Stock Ownership Plans o Gives employees ownership stakes, motivating them to work smarter and harder. o Stock Options o Right to buy a specified amount of company stock at a given price within a given time period 1/3 of all options go to the top 5 executives at a firm Being offered more and more to employees at all different levels Like the lottery Teams o Mutually responsible and accountable for accomplishing objectives. o Ability to work on teams often emphasized during the hiring process. 5 Types of Teams o Work teams – groups of ppl with complementary skills who are committed to a common purpose. o Problem-solving team- temporary combo of workers used to solve a specific issue o Self-managed team – empowered with authority to decide how members complete daily task o Cross-Functional team – group of workers from different functions o Virtual team – dispersed in different areas
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

INtro Chapter 10 - MISSED CLASS GET NOTES Intro Chapter 10...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online