Quizzes for Review

According to Andy Grove, what is meant by “limiting step”

• Create less than 5 objectives to narrow down your aim

• Construct production flow from the longest step and work backward

• Set out the limiting point of the previous project to overcome it in the next one

• Design a timetable to allocate your time to your assigned tasks

What is the Andy’s formula to calculate a manager’s output

• = the output of his/her organisation + the output of the neighbouring organisation under his/her influence

• = sum of output of all employees in the unit

• = his/her average time required to produce one output multiple by the number of tasks in a period of time

• = revenue of the unit his/her is in charge of over a period of time

What are the steps of planning mentioned in “High Management Output”

• Analyze current status and forecast the future, establish new goals and objectives, identify alternatives, implement the plan

• Identify both yours and your opponent’s skills, analyze the situation, establish priorities, select suitable methods, practice the plan

• Plan and Prepare, gather evidence, take action, review and improve

• Establish projected need or demand, establish one’s present status, compare and reconcile 2 previous steps

What is NOT one of the three ways in which manager can achieve high leverage activities according to Andy Grove

• When a person’s workflow is changed to keep pace with other people’s

• When many people are affected by one manager

• When a person’s activity or behaviour over a long period of time is affected by a manager’s well focused-set of words or actions

• When a large group’s work is affected by an individual supplying an unique, key piece of knowledge or information

What are the criterias of managers being the role models according to Andy

• Foster motivation

• Give supportive feedbacks

• Promote equal competition

• All of the above

Which of the following is one of Andy Groove’s management framework for high output?

• OKR (Objectives – Key Results)

• H-P Way (Hewlett – Packard Way of Management)

• MBO (Management by Objectives)

• S.M.A.R.T model (Specific, Measurable, Assignable, Realistic, Time-related)

What are the two main principles to successfully apply the Andy Grove’s framework

• Flexibility and Adaptability

• Initiative and Voluntarily

• Transparency and Measurability

• Productivity and Effectivity

Which band is considered to be optimal in the grading system of OKRs

• 0.5 to 0.6

• 0.6 to 0.7

• 0.9 to 1

• 0.4 to 0.5

What is the implication of the 0.4 and below scores

• It shows underperformed employees of the company

• It indicates a failure in the existing management style of the company

• It gives insights on whether or not the last quarter’s key results are still important to continue working on

• It tells who is in the brink of being laid off by the company

When was the OKR framework first introduced to Google

• 1999

• 2000

• 2001

• 1998