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Scale free network;
A specific kind of network in which the distribution of connectivity is uneven. In scale-free networks, some nodes act as "very connected" hubs using a power-law distribution. This dramatically influences the way the network operates, including how it responds to catastrophic events. The Internet, World Wide Web and many other large-scale networks have been shown to be scale-free networks.
Self-Directed Work Team;
A small independent, self-organized, and self-controlling group in which members plan, organize, determine, and manage their duties and actions, as well as perform many other supportive functions.;
the proper ordering of priorities. Think of it as service before self. The welfare of the organization come before the individual. This does not mean that the individual neglects to take care of family or self. Also, it does not preclude the leader from having a healthy ego or self esteem, nor does it preclude the leader from having a healthy sense of ambition. It does, however, preclude selfish careerism.;
Seven Tools of Quality;
Tools that help an organization understand its processes in order to improve them:
-cause and effect diagram (Ishikawa diagram) - A tool developed by Kaoru Ishikawa for analyzing process dispersion. It illustrates the main causes and subcauses leading to an effect or symptom. It is sometimes referred to as a fishbone chart because it resembles a fish skeleton
-check sheet - A data recording tool designed by the user to facilitate the interpretation of results.
-control chart - A graphic comparison of actual performance with precomputed control limits. The performance data consists of groups of measurements selected in sequence of production that preserves the order. It is used to detect assignable causes of variation in a process as opposed to random variation.
-flowchart - A type of planning and control chart designed to show graphically the relationship between planned performance and actual performance over time. It was named after its originator, Henry L. Gantt. It follows job progress, where one horizontal line represents the time schedule and another adjacent line represents the actual performance of the project.
-histogram - A graph of contiguous vertical bars representing a frequency distribution in which the groups of items are marked on the x axis and the number of items in each class is indicated on the y axis. The pictorial nature allows people to see patterns that are difficult to see in a table of numbers.
-Pareto chart - A graphical tool for ranking causes from most significant to least significant. It is based on the Pareto principle which states that a small percentage of a group accounts for the largest fraction of the impact, value, etc. That is 80% of the effects come from 20% of the possible causes.
-scatter chart - A graphical technique used to analyze the relationship between two variables. Two sets of data are plotted on a graph, with the y axis used for the variable to be predicted, and the x axis used for the variable to make the prediction.;
Situational leadership theory;
A leadership contingency theory that focuses on followers' readiness.;
Those abilities that people develop and use with people, with ideas, and with things, hence, the division of interpersonal, cognitive, and technical skills.;
Sole Trader / Proprietor;
An individual in sole charge of a business and responsible for its success or failure. Unless an activity is specifically prohibited by law, no line of business is closed to an owner.
The chief advantages of sole proprietorship for the proprietor are that the owner is in total control of the business (subject to the requirements of anyone who has provided finance for it), and is entitled to all the profit.
The main disadvantage is that the owner is also personally responsible for all the losses and debts of the business. This is called unlimited liability.;
An established norm against which measurements are compared. The time allowed to perform a task including the quality and quantity of work to be produced.;
The length of time that should be required to perform a task through one complete cycle. It assumes an average worker follows prescribed procedures and allows time for rest to overcome fatigue.;
The real or perceived demand on the mind, emotions, spirit, or body. Too much stress puts an undo amount of pressure upon us and drives us into a state of tension. Controlled stress is good as it is what motivates us.;
The ability to establish procedures for monitoring and regulating processes, tasks, or activities of employees and one's own job, taking actions to monitor the results of delegated tasks or projects.;