Executive Leadership And Management

What is operational auditing? An operational audit refers to a method of examining how an organization conducts business. It requires analyzing the processes, procedures and systems used within the company. This type of audit looks beyond the organization’s financial circumstances and examines its management practices. What is typically performed in…

Which of the following are key elements to effective communication for physicians and hospital administrators? Which of the following are key elements to effective communication for physicians and hospital administrators? the desire to communicate. an understanding of how others learn. the receiver of the message should be cued to the…

Which of the following would be the most appropriate thing to do during the executing process group? Which of the following is the MOST appropriate thing to do in the executing process group? Evaluate individual team member performance. Which stage of the project management process involves documenting the lessons learned…

Risk management is a discipline of identifying, planning, monitoring, and managing the uncertainty that could impact project outcomes. As risk can be positive or negative, Risk Management is how to plan and act upon the need to increase a positive risk or decrease a negative risk to ensure a project…

Why do we need PMBOK? The PMBOK® goal is to enable organizations to standardize project management practices across departments. It also helps project managers work with a standardized system across organizations. This means that a project manager who moves from one company to another can use the same practices. Why…

Crisis communication plans act as blueprints for the company in times of crisis so that they can respond immediately. It is an emergency plan that includes steps of communication and future prevention to help prepare and navigate through unexpected crises. What should a crisis communication plan include? How to Write…

External environment (Opportunities and Threats) – to have reliable and trustworthy data, to receive information quickly to support management in strategic decision making and to reduce errors. What is purpose of assessing the external environment in a SWOT analysis quizlet? One purpose of assessing the external environment is to: –identify…

The GE 9 cell matrix is a way of structuring an organization’s strategy into manageable segments. The GE 9 Cell Model is a process of establishing the organization’s current position in the market. It can then evaluate each of its strategies and choose a course of action to take. What…

Transactional leadership theory is based on the idea that managers give employees something they want in exchange for getting something they want. It posits that workers are not self-motivated and require structure, instruction and monitoring in order to complete tasks correctly and on time. What is transactional leadership give examples?…

Agile strategic planning empowers and encourages portfolio managers to decide for themselves which projects they work on, so long as there is regular communication with executives to make sure the organization is on track and in alignment. What is agile strategic management? Agile Strategy is a strategic discovery process designed…

What is the building block of successful organization? For example, understanding and aligning to your organizational vision, mission, leadership, strategies, systems, and culture is critical for success. In addition, a disciplined methodology and understanding of key business drivers are imperative. What are the 5 building blocks of business? The 5…

What is meant by micro environment in marketing? the factors or elements in a firm’s immediate environment which affect its performance and decision-making; these elements include the firm’s suppliers, competitors, marketing intermediaries, customers and publics. What is the macro environment in marketing? the major uncontrollable, external forces (economic, demographic, technological,…

What is the monitor communications process? Monitor Communications: The process of determining if the information needs of the project Stakeholders are met. Control Communications: The process of making changes to the communications when required, to ensure the information needs of the project Stakeholders are met. What elements are inputs to…

The project sponsor should be viewed as a stakeholder who is always willing to listen and get involved as needed—to be used as a sounding board and to provide advice and guidance. Are sponsors considered stakeholders? The project sponsor, generally an executive in the organization with the authority to assign…

Porter’s Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry’s weaknesses and strengths. Five Forces analysis is frequently used to identify an industry’s structure to determine corporate strategy. How do you use Porter’s five forces to an industry?…

What should I write for goal in appraisal? Goal Setting Process Specific – clearly defined. Measurable. Quality – how well/what value? Quantity – how many/what number or frequency? Cost – how much/what amount? Attainable – challenging, yet achievable. Relevant/Realistic – to strategy, the position and the person. Timely – within…

Audit procedures are the techniques, processes, and methods that auditors use to obtain reliable audit evidence, which enables them to gain a sound judgment about an organization’s financial status. Audit procedures are conducted to help determine whether or not a company’s financial statement is credible and factual. What are the…

Scrum Master Vs Project Manager Parameter Project Manager Scrum Master Primary Role Works closely with the management and manages the team to ensure delivery Scrum ceremony facilitator uses tools to ensure smooth delivery, executes the product backlog and motivates the entire team for delivery What does a project manager do…

What is a strategy in sport? Strategy is basically laying down the goals and making a plan to get there. In sport, this is something like, having the goal to win the season or win the match as well as making a plan to achieve this, such as developing an…

Researcher Thomas CarlyleThomas Carlyle first proposed the theory in the 1800s. Who created trait leadership theory? Thomas Carlyle What is Carlyle and Galton’s Trait Theory of Leadership? Notable trait-based theorists are Thomas Carlyle (1795 – 1881) and Francis Galton (1822-1911). Their ideas, published in the mid-1800s, did much to establish…