Mushroom Management
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Mushroom Management
Mushroom management is the management of a company where the communication channels between the employers and the employees do not work effectively, and where employees are 'kept in the dark' by management in regards to business decisions that affect their work and employment. The term 'mushroom management' alludes to the stereotypical (and somewhat inaccurate) view of mushroom cultivation: kept in the dark and fed bullshit. Description Mushroom management is a style of management in which the personnel are not familiar with the ideas or the general state of the company, and are given work without knowing the purpose of this work, in contrast with open-book management. Mushroom management means that workers' curiosity and self-expression are not supported. The employees often have no idea what the company's overall situation is, because the leaders tend to make all the decisions on their own, without asking anyone else to give their opinion. This problem can occur when the manag ...
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Mushroom Management
Mushroom management is the management of a company where the communication channels between the employers and the employees do not work effectively, and where employees are 'kept in the dark' by management in regards to business decisions that affect their work and employment. The term 'mushroom management' alludes to the stereotypical (and somewhat inaccurate) view of mushroom cultivation: kept in the dark and fed bullshit. Description Mushroom management is a style of management in which the personnel are not familiar with the ideas or the general state of the company, and are given work without knowing the purpose of this work, in contrast with open-book management. Mushroom management means that workers' curiosity and self-expression are not supported. The employees often have no idea what the company's overall situation is, because the leaders tend to make all the decisions on their own, without asking anyone else to give their opinion. This problem can occur when the manag ...
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Bankruptcy Of Lehman Brothers
The bankruptcy of Lehman Brothers on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate financing for its reorganization. These discussions failed, and Lehman filed a Chapter 11 petition that remains the largest bankruptcy filing in U.S. history, involving more than in assets. The bankruptcy triggered a 4.5% one-day drop in the Dow Jones Industrial Average, then the largest decline since the September 11, 2001, attacks. It signaled a limit to the government's ability to manage the crisis and prompted a general financial panic. Money market mutual funds, a key source of credit, saw mass withdrawal demands to avoid losses, and the interbank lending market tightened, threatening banks with imminent failure. The government and the Federal Reserve system responded with several emergency ...
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Neologisms
A neologism Greek νέο- ''néo''(="new") and λόγος /''lógos'' meaning "speech, utterance"] is a relatively recent or isolated term, word, or phrase that may be in the process of entering common use, but that has not been fully accepted into mainstream language. Neologisms are often driven by changes in culture and technology. In the process of language formation, neologisms are more mature than ''protologisms''. A word whose development stage is between that of the protologism (freshly coined) and neologism (new word) is a ''prelogism''. Popular examples of neologisms can be found in science, fiction (notably science fiction), films and television, branding, literature, jargon, cant, linguistics, the visual arts, and popular culture. Former examples include ''laser'' (1960) from Light Amplification by Stimulated Emission of Radiation; ''robot'' (1941) from Czech writer Karel Čapek's play ''R.U.R. (Rossum's Universal Robots)''; and ''agitprop'' (1930) (a portmanteau of "a ...
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Employee Silence
Employee silence refers to situations where employees withhold information that might be useful to the organization of which they are a part, whether intentionally or unintentionally. This can happen if employees do not speak up to a supervisor or manager. Within organizations people often have to make decisions about whether to speak up or remain silent - whether to share or withhold their ideas, opinions, and concerns ... he problem is thatin many cases, they choose the safe response of silence, withholding input that could be valuable to others or thoughts that they wish they could express. — Frances J. Milliken and Elizabeth Wolfe Morrison, ''Shades of Silence: Emerging Themes and Future Directions for Research on Silence in Organizations'' This means the situation is not going to change for the better anytime soon. Employee silence does not only occur between management and employees, it also occurs during conflict among employees, and as a result of organizational dec ...
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Kiss Up Kick Down
Kiss up kick down is a neologism used to describe the situation where middle-level employees in an organization are polite and flattering to superiors but abusive to subordinates. The term is believed to have originated in the US, with the first documented use having occurred in 1993. A similar expression (lit. "lick up, kick down") was used by Swedish punk band Ebba Grön in one of their songs, on an album released in 1981. The concept can be applied to any social interaction where one person believes they have power over another person and believes that another person has power over them.Calum Paton The Policy of NHS Deficits and NHS Re-form in Health Policy and Politics 2007JJ Mearsheimer, D ShapleMCNAMARA'S WAR Bulletin of the Atomic Scientists, 00963402, Jul/Aug93, Vol.49, Issue 6 Examples of use Robert McNamara The ''Bulletin of the Atomic Scientists'' described Robert McNamara, an American business executive and the eighth United States Secretary of Defense, as a classic ...
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Carrot And Stick
The phrase "carrot and stick" is a metaphor for the use of a combination of reward and punishment to induce a desired behaviour. In politics, "carrot or stick" sometimes refers to the realist concept of soft and hard power. The carrot in this context could be the promise of economic or diplomatic aid between nations, while the stick might be the threat of military action. Origin The earliest English-language references to the "carrot and stick" come from authors in the mid-19th century who in turn wrote in reference to a caricature or cartoon of the time that depicted a race between donkey riders, with the losing jockey using the strategy of beating his steed with "blackthorn twigs" to urge it forward, while the winner of the race sits in his saddle relaxing and holding the butt end of his baited stick. In fact, in some oral traditions, turnips were used instead of carrots as the donkey's temptation. Decades later, the idea appeared in a letter from Winston Churchill, ...
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Need To Know
The term "need to know", when used by government and other organizations (particularly those related to the military or espionage), describes the restriction of data which is considered very sensitive. Under need-to-know restrictions, even if one has all the necessary official approvals (such as a security clearance) to access certain information, one would not be given access to such information, or read into a clandestine operation, unless one has a specific ''need to know''; that is, access to the information must be necessary for one to conduct one's official duties. This term also includes anyone that the people with the knowledge deemed necessary to share it with. As with most security mechanisms, the aim is to make it difficult for unauthorized access to occur, without inconveniencing legitimate access. Need-to-know also aims to discourage "browsing" of sensitive material by limiting access to the smallest possible number of people. Examples The Battle of Normandy in 1944 ...
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Transparency (behaviour)
As an ethic that spans science, engineering, business, and the humanities, transparency is operating in such a way that it is easy for others to see what actions are performed. Transparency implies openness, communication, and accountability. Transparency is practiced in companies, organizations, administrations, and communities. For example, in a business relation, fees are clarified at the outset by a transparent agent, so there are no surprises later. This is opposed to keeping this information hidden which is "non-transparent". A practical example of transparency is also when a cashier makes changes after a point of sale; they offer a transaction record of the items purchased (e.g., a receipt) as well as counting out the customer's change. In information security, transparency means keeping the arcane, underlying mechanisms hidden so as not to obstruct intended function—an almost opposite sense. It principally refers to security mechanisms that are intentionally undetectab ...
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Edward Smith (sea Captain)
Edward John Smith (27 January 1850 – 15 April 1912) was a British naval officer. He served as master of numerous White Star Line vessels. He was the captain of the , and perished when the ship sank on her maiden voyage. Raised in a working class environment, he left school early to join the merchant navy and the Royal Naval Reserve. After earning his master's ticket, he entered the service of the White Star Line, a prestigious British company. He quickly rose through the ranks and graduated in 1887. His first command was . He served as commanding officer of numerous White Star Line vessels,birth/death dates and parents
at the International Genealogical Inde ...
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RMS Titanic
RMS ''Titanic'' was a British passenger liner, operated by the White Star Line, which sank in the North Atlantic Ocean on 15 April 1912 after striking an iceberg during her maiden voyage from Southampton, England, to New York City, United States. Of the estimated 2,224 passengers and crew aboard, more than 1,500 died, making it the deadliest sinking of a single ship up to that time. It remains the deadliest peacetime sinking of a superliner or cruise ship. The disaster drew public attention, provided foundational material for the disaster film genre, and has inspired many artistic works. RMS ''Titanic'' was the largest ship afloat at the time she entered service and the second of three s operated by the White Star Line. She was built by the Harland and Wolff shipyard in Belfast. Thomas Andrews, the chief naval architect of the shipyard, died in the disaster. ''Titanic'' was under the command of Captain Edward Smith, who went down with the ship. The ocean liner carri ...
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Richard S
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", "Rich", "Rick", "Rico", "Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) * Ri ...
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