Hrm/531 Week 1

I want them to feel as if they are part of the team. I must listen to them and be open minded to their viewpoints. I need to be able to respect those viewpoint as well. Second, I feel I need to be fair as a leader. I cannot be bias to one employee over another. I understand that I will have employees that will do more for me and they are the type of employees that will get the recognition they deserve however I cannot favor them in a way that it makes others resentful. As a leader I also think it is my duty to serve and help those within our work community. Meaning that I need to have my employees back and I should have their best interest in mind over what is best for just myself. If I do not have happy employees then they will not be doing good work and that all comes back on me and reflects how I am as a leader. You can either, take the bull by the horns and lead or you can ride on the back of the bull and be bucked off! The last thing I feel I need to be as a manager is to be honest. If I am not an honest person I will never have the respect of those I work with. No matter the situation good or bad I need to be upfront and just let them know the truth. (Heathfield,

Capital is where it has the tools, like machines that businesses

Observation – as a manager, you need to watch your employees from a client point of view. Have they been polite, asked the right questions and really listened to their answers to identify their needs, updated their details on file, closed the sale, thanked them for their time and invited them back. By having a check list of what your organisation requires from their employees, you can acknowledge what they are doing well and what needs work.

2. What are the four different types of economic resources? Describe each type. The first one is land, this includes all of your natural resources like soil and gold. The second one is labour, this includes all of your human resources like labour force. The third one is capital, this includes all of you man made resources like machines. The fourth one is enterprise, which includes your organizing the above 3 and involves taking the risk of production in a free enterprise economy.

The four different types of economic resources are land, which is referred to as physical land and to the natural resources that we use. The second one is capital, which refers to all the manufactured aids and tools used to produce consumer goods.

- Find what motivates your each of your staff to keep working so hard for you, and provide it.

Putting the decision to work for the manager or the policymaker is step 5. Rundall states, “Actionability questions include whether

Resources are all the ingredients needed for production. The factors of production include land(natural resources, labor (workers for the production process) entrepreneur (business owners), and capital (technology and machinery/tools of production).

The four types of economic resources are land, capital, labor, and entrepreneurial ability. Land consists of buying and selling land itself but also resources from that land. Capital is any kind of manufactured products that are made and sold. Labor is physical labor. Entrepreneurial ability is where we rely on our humanity to find resources and make decisions on things.

The first step in the decision making process is to gather information about the problem. The best method to acquire this information is from the users through

As a result of looking at the employees’ strengths, she was able to give them tasks that would help for an effective and efficient outcome. She also explained that it is important to give non-managerial employees a chance if they make a mistake. It is crucial for an employee to not only know what they did wrong, but how they can change to fix the problem and learn from it. An employee needs to be able to identify why something went wrong and be able to change their behavior. It is very important for employees to be able to correct mistakes and learn on the fly.

• Weed out poor managers. Dissatisfied workers dislike poor management. Act quickly to preserve your credibility in the workforce. Remember the law of procrastination. “No matter how long you ignore a problem employee, his or her behaviour will not improve-act now!”

The decision making process can also be divided into seven steps, where the first step will basically involve defining the problem. These steps allow for the main issue to be identified, and therefore the manager should make sure that it has been done correctly. After the problem identification stage, we can move forward and identify the limiting factors, and in this the manager should make use of all resources available to do it the best way. Some of the resources include information, time, personnel, equipment and supplies. Using this, managers can be able to identify the factors that might hinder them from achieving their goals.

In the problem analysis phase of effective decision making, group members should recognize any obstacle that may arise that needs to be improved or changed and determine the characteristics, magnitude, and possible cause(s) of that obstacle confronting them. This phase lays the groundwork for what the group should be prepared for as they work together (Hirokawa & Salazar, 1999 p. 170).After analyzing the problem, the group should then discuss and establish goals and objectives in order to generate proposed solutions of

In order to select the best solution from your Step 4 list you must develop criteria for judging your solution ideas. These criteria will help you decide which solution does the best job of solving your UP.