MGMT3001 Lecture Notes - Lecture 2: List Of Fables Characters, Decision-Making

• School: UNSW, UNSW Sydney
• Department: Management
• Course: MGMT3001
• Professor: Janiswardrop

Document Summary

Mgmt3001 lecture two notes goals, values and structure of organisations. Alignment the secret to success: aligning plans and actions with core values. Monitoring: revise as needed to adjust for actual performance, changing external conditions, new opportunities and ideas. Important and lasting beliefs or ideas shared by members of a culture (or organisation) about what is good or bad, desirable or undesirable: major influence on behaviour and attitude, and should serve as broad guidelines in all situations. Do: clear and specific, forward looking and directional, focused, have some wriggle room, make sure it is feasible, explain why it makes good business sense, make it memorable. To develop specific skills and capabilities to advance career. To distribute decision making authority / setting priorities and goals. What work to do (and not to do) and who they hire (and not hire) Indiviudals can identify with org business mdel and competitive positioning, whether to join (or not)