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GROUP CONCEPTS, STAGES OF GROUP DEVELOPMENT AND TEAM EFFECTIVENESS

Work Group Inputs

A. Work group inputs are those that are necessary for the group to operate.

B. The composition of a work group has a strong bearing on the group’s ultimate success, so careful consideration should be made in making group assignments.

1. Characteristics of members that influence group effectiveness include task-relevant expertise, interpersonal skills, and diversity in the makeup of the group to include sufficient individual skills and interest.

Read more: MGT503-Princilpes of Management-Lecture Handout No 41

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STRATEGIC MANAGEMENT - II

THE STRATEGIC MANAGEMENT PROCESS

The strategic management process is an eight-step process that encompasses strategic planning, implementation, and evaluation.

• The first step is identifying the organization’s current mission, objectives, and strategies.
  1. Every organization needs a mission, which defines the purpose of the organization. What is the organization’s reason for being in business?
  2. It’s also important to identify the organization’s current objectives and strategies, as well.

Read more: MGT503-Princilpes of Management-Lecture Handout No 26