ADM 1100 Lecture Notes - Lecture 11: Abusive Power And Control, Waking Hours, The Sender

• School: University of Ottawa
• Department: Administration
• Course: ADM 1100
• Professor: N/ A

Document Summary

Empowerment: giving employees shared authority, responsibility and decision-making with their managers. Giving them broad authority to make workplace decisions. Gives employees stock ownership, leading to potential profits as the value of the firm increases. Motivates employees to work smarter and harder so can share in firm"s financial success. Right to buy a specified amount of company stock at a given price within a given time period. Being offered more frequently to employees at all levels. Approximately one-third of all options go to the top 5 executives at a firm. Team: a group of people with certain skills who share a common purpose, approach, and performance goals. Ability to work on teams often emphasized during the hiring process. Work teams: relatively permanent groups of employees with complementary skills who perform the day-to-day work of organizations. Can range widely, but most have fewer than 12 members. Team level: the team"s average level of ability, experience, personality or any other factor.