Organizational Management

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Leadership vs Management What’s  The Difference? 

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VOCABULARY & EXPRESSIONS

entrepreneur:  사업가
A few years back, leaders, entrepreneurs, and innovators formed companies, whereas managers were hired to run their operations.

perspective: 관점, 시각 
Also, there is a perspective change that treats both management and leadership as the same, which is not a mere reality.

initiative: 결단력
A leader is someone who always takes the initiative and invests a great effort to accomplish the company’s vision.

status quo: 현재 상황
Leaders, in general, are those who question the status quo.

adequately: 적절하게
Managers can become leaders if they adequately carry out leadership responsibilities.

excel in (something): ~에 뛰어나다
They set the path to excel in organizational growth.

emerge: 드러나다
Leadership emerges as a result of your actions.

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The Secret to Turning Inspiration Into Action

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VOCABULARY & EXPRESSIONS

frustrated: 좌절감을 느끼는
Vision is great there’s a lot of visionaries but a lot of them are frustrated and angry.

organized: 조직화된
These were the guys that actually organized, you know, the gatherings.

execution: 실행, 수행
And inspiration without execution is literally just dreaming.

exist: 존재하다
The things that make it easy for us to organize a dinner party and get everybody to show up didn’t exist.

sacrifice: 희생
reflect: 반영하다
For them that sacrifice was worth it because this day reflected who they were.

articulate: 분명히 표현하다
So brands, the ones that are clearly articulated, they’re basically social movements.

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What is an Organization?

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VOCABULARY & EXPRESSIONS

entity: 독립체
The concept of an organization refers to a structured and coordinated group of individuals or entities working together to achieve common goals or objectives.

division of labor: 분업
establishment: 확립
It involves the division of labor, delegation of responsibilities, and establishment of hierarchies to ensure effective functioning and efficient use of resources.

provision: 제공
facility: 시설
Provision of the right type of physical facilities and environment is essential for the smooth running and prosperity of the organization.

enterprise: 기업
A properly designed and balanced organization facilitates both management and operation of the enterprise.

optimum: 최고의
A sound organizational structure permits optimum use of technical and human resources.

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Artificial Intelligence: 
The Role of Managers

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VOCABULARY & EXPRESSIONS

organizational structure: 조직 구조
We have to transform its operations, its organizational structures, processes, even its culture.

learning curve: 학습 곡선(학습의 결과로 일어나는 행동의 변화 현상을 도식화한 것)
You have to be able to understand how AI even works and what are its economic properties, how does it scale, what does the cost curves and learning curves look like and so on.

delegate: 위임하다
That is not a task that can eventually be delegated to some business translator.

optimization: 최적화
That optimization is in the algorithm, you do not need to retrain lots of individuals.

retrain: 재교육하다
fundamentally: 기본적으로
You do not need to retrain lots of individuals, change sort of fundamentally structures, once that algorithm is in place what you’re able to do is scale your operations at a completely different level than if you relied on human expertise only.

flexible: 유연한
Third, the human work is going to be more flexible and more creative.

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Warren Buffet on Risk Management

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VOCABULARY & EXPRESSIONS

as large as (something):  ~만큼 큰
obligation: 의무
When you have a company as large as Berkshire and with all the obligations we have, to paraplegics, that have been injured, we’re going to pay for 50 years to all the employees we have, to all the stockholders we have.

chief risk officer: 최고 위기 관리자
I have to be the chief risk officer, and the truth is I am.

overview of (something): ~에 대한 개요
I should be the best person to do that because I have this overview of the whole operation, and I understand risk.

should be the case: ~이여야 하는
financial institution: 금융 기관
And I think that should be the case in every large financial institution, that the CEO regards his position number one as the chief risk officer.

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What’s the Value of Middle Management?

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Vocabulary & Expressions

absence: 부재
finite: 한정된
The infinite game is not the absence of finite games.

existence: 존재
If you’re ignorant of the existence of the infinite game and all you’re ever playing is finite…

long-term: 장기적인
I’ve met so many fantastic senior leaders who are infinite minded and long-term focused.

front line: 최전선
disaster: 재난
And then you get down to the front lines and you’re like it’s a complete disaster.

lost in translation: 번역 과정에서 말의 의미가 일부 누락되는 것
Because something’s getting lost in translation.

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Three Basic Principles of Great Talent Management

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Vocabulary & Expressions

dominant: 지배적인
personality: 성격
Research shows people will be most effective and successful if they can work from their talents, their core, the most dominant part of the personality.

natural behavior: 타고난 습성
A person’s inner core is going to stay the same nevertheless so in times of stress they will always go back their natural behavior.

unveil: 공개하다
The second principle is to unveil the talents of your employees or applicants.

at ease: 안심하다
Create a situation in which your candidate is fully at ease and feels he can talk, so he can be authentic and totally himself.

let (someone) do the talking: (누군가) 말하게 하다
Let your candidate do the talking, make sure you talk no more than 10 minutes for every hour of interviewing.

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The Future of Project Management

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Vocabulary & Expressions

go above and beyond: ~를 넘어서다 
…that go above and beyond the traditional technical skills of project management.

repetitive task: 반복적인 업무 
…so we are not doing the repetitive tasks ourselves.

reactive: 반응하는 
…we are not reactive to the market, we create the next market of project management.

agile: 민첩한 
…think in future of project management it will be more agile. 

DevOps: 데브옵스, Developer(개발)와 operations (운영) 의 합성어로 새로운 역할이나 직책이 아닌, 개발과 운영기술을 모두 갖춘 사람들이 팀을 이루어 프로젝트를 진행하는 것
When we talk about DevOps… 

project-oriented: 프로젝트를 기반으로 한
We are getting more and more project-oriented…

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