Vocab


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Flashcards 285
Language English
Category Micro-Economics
Level University
Created / Updated 06.10.2016 / 23.01.2018
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financial and n........ i........ t... to their aspirations and concerns

nonfinancial incentives tailored to

Find the “h..... g...."

“hidden gems” = versteckte Juwel

For example, country m.... are making a comeback after a long period of centralisation.

country managers

For finance firms in particular, there is danger l.. around every c... .

danger lurking around every orner

For l... positions it’s the softer skills that matter.

leadership positions

For many older workers, however, r... in e.... beyond 65 is an unsettling prospect

remaining in employment

For people who had h... senior r... in their local organization, it was essential, for example, to learn about their new r...... and how many d... r.... they would have;

held senior roles, new responsibilities, direct reports

For Phase III-Capability, TMC designed and delivered an Inclusive Leadership workshop to develop s... that enable leaders at every level to b..., advance and s... an inclusive sphere of influence. 

develop skills

build, advance and sustain

For the acquirer’s senior e.... one benefit was the opportunity to assess first hand a potential next w... of top management talent.

senior executives

next wave

Forget the rigid corporate l...– now the corporate l... allows free-flowing ideas and career p...

corporate ladder

corporate lattice

career paths

Formal organizational surveys in 2004 indicated a s.... value system for Diversity and Inclusion on a g... managerial l...

shared value system

global managerial level

Group c.... and commitment is maintained at the e.... of p.... interests.

conformity

at the expense of personal

He gives the example of the Silver Human Resource Centrein Japan, which provides p....-time, paid e....

part-time, paid employment

He has written two books on the “precariat”, which he defines as an emerging global class with no financial security, job s... or prospect of career p....

job stability

career progression

He says they are now o.... most of their competitors in terms of customer satisfaction ratings.

outperforming

he says, and for companies with global a.... “these kind of technologies are uniquely placed to provide significant c... advantages.

global ambitions

competitive advantages

he says, “are going to have a far more dramatic i... on  the workplace than the internet has.”

impact on

His assessment: He had the g.... to do it, and he sang very well.

gumption (Mumm)

How do you behave? What are your hot b... ?

hot buttons

However, e...-market m..... (Multinationale Firmen aus Entwicklungsländern) still lag behind, particularly in China, where they tend to be run by l... managers (Einheimische Führungskräfte) who have little if any experience of working abroad

emerging-market multinationals

local managers

However, for o... p... purposes, culture is defined as the s... set of v..., beliefs, norms, attitudes, behaviors, and social structures that define reality and guide everyday i..... .

for our practical purposes

shared set of values

everyday interactions

However, p... arise when value j... are made on the basis of the different styles.

problems arise

value judgments

HR and line managers need to work together during times of m....organizational c..... to identify people whose retention is critical.

major organizational change

I.... cultures place a high value on "autonomy, initiative, creativity,

Individualistic

if team members disagree and one represents his views and feelings forcefully with a r.... voice, another more r... team m... may see that as arrogant.

a raised

restrained team member

If this is the case, r....  a large portion of the workforce to engage in more creative activity beyond the reach of automation will pose an enormous challenge.

retraining

If unhealthy conflict goes u..... for too long, team members are likely to quit or to search for alternatives.

goes unresolved

In a c..... environment it’s better to be respected than feared;

collaborative environment

In a pharmaceuticals merger a... at b.... the North American acquirer’s presence in Europe, some 50 middle m... from the acquired company accepted invitations to join trans -Atlantic teams with key roles in i... the two o... and d... b... strategy.

aimed at building

middle managers

integrating the two organizations

developing business strategy

In California where the r.... census f... that

recent census found

In collectivist cultures, mediators are often expected to provide c.... evaluate and advise in an effort to restore h... .

provide counsel

restore harmony

in many cases, people who had been s... for p.... before the merger was announced—that they had a promising future in the new organization.

slated for promotion

In one merger we recently observed, certain s.... support p..... who filled o.... and took i.... turned out to be just as important as the star salespeople.

sales support personnel, filled orders, took inventory

In one-on-one conversations with the people in the family-oriented group, managers explored specific concerns and discussed how the company could add to the measures already in place to i... the l... of retaining these individuals.

increase the likelihood of

In our experience, many of the r...... would have s... put anyway; others have c.... that money alone can’t a.....

recipients, stayed put, concerns, address

In parallel, TMC created and delivered a Diversity & Inclusion Practitioner Certification program to develop an i... cadre of PepsiCo International key b... unit l... who were then able to c.... the program to l.... levels of the organization and d.. the change p...

internal cadre

business unit leaders

cascade

to lower

drive

process

In Phase II, individual a.... and acceptance of cognitive and e... r..... for change were addressed in two 3-hour sessions.

individual awareness

cognitive and emotional requirements

In recent years, a.... has become increasingly prevalent. We think nothing of paying for groceries at a scanner or transferring money on a screen without going into a bank.

automation

In the first phase of the project, Local Ownership and Relevance, TMC c... ‘Chartering the Journey’ w.... with regional, business unit senior leadership to create s.... buy-in and l... teams to guide the change process.

conducted

workshops

sponsorship buy-in

leadership teams

in the latest poll, said competition is “w... gets t.. up in the m...",

what gets them up in the morning