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WorksheetsQuizzes for Review
Total questions: 20
Worksheet time: 10mins
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
What is NOT one of the characteristics that Objectives need to have
Theory-oriented
Ambitious
Concrete
Inspirational
When designing a personal OKRs, what is the maximum objectives allowed for most reasonable outcomes
7
3
2
5
What is NOT one of the characteristics that Key Results need to have
Specific
Time-bound
Realistic
Organizational-oriented
How often are team meetings being held at Google to monitor individual OKRs
Monthly
Weekly
Annually
Quarterly
What is the moral behind the action of Google to set up more than half of the company’s objectives through employees’ OKRs
It creates an environment with no dictation
It provides better management from bottom up
It stimulates the working spirit among employees
All of the above
What was the three-year-long objective of Google in 2008
Attracting 50 million more users worldwide each year
Having the most market share among search engine providers
Becoming the best browsing platform in the world
Raising the revenue by 50% each year
What is the difference of OKR frameworks compares to previous methods FPT had used
A more thorough management throughout the company from employees to CEO
A more complicated and time-consuming process is needed to implement the framework
More expensive adjustments in the company structure are required
More drawbacks are faced due to inadequacy of neccessary equiment for the implementation
What is NOT a solution proposed by Mr. Nguyen Van Khoa – CEO of FPT to combat the drawbacks since the introduction of OKR framework in the company
Managers must initiate the use of OKRs
Hold weekly meetings to indoctrinate OKRs
Company must promote the framework through communication channels
Carefully planned preparations are essential to ensure a stable adoption
In what way is each individual at FPT going to deliver his/her OKRs
Through the submission hand-writing papers
Through text messages
Through company’s specially designed software
Through self-assessment form at the end of each month
Who was the person to initiate the implementation of OKR framework at FPT
CEO Hoang Viet Anh
FPT Chairman Truong Gia Binh
Deputy General Director Nguyen Hoang Minh
CEO Nguyen Van Khoa
