Why is it important for Leadership to follow the S.M.A.R.T. goal process when making decisions in how to train new employees?
Training new employees can have considerable expenses for a company both in terms of capital investment time commitments. Being able to realize the best possible outcome from our training programs requires the understanding of SMART goals because it allows the division of a complex task and structure into smaller, more accountable, and achievable parts. SMART goals create the knowledge for specific, measurable, attainable, relevant, and time-based characteristics, something every plan requires to add value rather than become a hindrance to operational capabilities.
The decision-making process should always be made based on the collected data while individualized values such as the requirements of the task at hand as well as the need of the company, and its stakeholders are considered.
Also, being able to measure the progression, reception, and benefits of the plan in motion allows for better considerations when bringing changes to its implementation to suit the needs of most number of employees better. Furthermore, the combination of relevance, specificity, and time-based attention provides a more concise and better-designed approach to any number of given problems.
Why is it important for Leadership to follow the S.M.A.R.T. goal process when making decisions in...
When managers make decisions they follow the decision-making steps as presented in this chapter? Which steps are apt to be overlooked or given inadequate attention? What can people do to make sure they do a more thorough job? (NOTE - - - This discussion question is about the 6-step decision-making process, and whether or not you think managers generally follow that process when they make decisions. And if not, which steps do you think might get overlooked or given less...
Why is it important to follow a standard process when conducting penetration tests?
When making investment decisions, why is it important to know what type of inventory costing system the company uses? Please answer in 2-3 paragraphs and give three examples of ratios and accounts that may be affected by a company’s inventory costing method choice.
Why is educating children to make good decisions when using technology and the Internet so important? Many think this is very simple to do, so why don't more parents educate their children about making good decisions when using technology and the Internet?
For each statement identify the correct term. Leaders who practice this leadership style turn all decision-making responsibilities over to the employees. In this "hands-off" approach, decisions are reached and tasks performed with minimal or no direction or support from leadership. Leaders who practice this leadership style tend to listen attentively to employee suggestions and comments, but always make the final decisions. Employees are supervised closely. Leaders who practice this leadership style maintain full personal control over all decision-making responsibilities. Employees...
As mentioned in Chapter 1, when making financial decisions (such as decisions relating to what investments to make and how to finance them), managers should choose the decision that maximizes owners' wealth. The book stresses that managers should target owners' wealth maximization rather than profit maximization. Please comment on one or more of the following: . Why is the textbook not recommending targeting maximizing of profits? What are the supposed benefits of targeting owners' wealth? . How can managers target...
how is communication and leadership similar and why is it important in nursing
-2 Why is it important to integrate product, process, quality, scheduling, and facilities de sign decisions? Who should be involved in this integration? Which techniques are avail able to support this integrated approach?
Identify a process and state why it is very important to provide and follow the proper steps to carry out the process. What could happen if the process isn't carried out properly? What are some warnings involved in the process? As an example, think about medications and/or antibiotics that all of us have probably used at one time or another, after being diagosed with a cold or illness. When we pick up medicine from the local pharmacy, directions are stapled...
Decision Making Technology at UPS Regardless of the specific decisions a manager makes, the decision-making process is either programmed or nonprogrammed. Programmed decision making is a routine, virtually automatic process. Programmed decisions are ones that have been made so many times in the past that managers have developed rules or guidelines to be applied when certain situations inevitably occur. In programmed decision making, managers do not need to repeatedly make new judgments about what should be done. They can rely...