Specialized Track · Career

Business Administration

Discuss governance and leadership at an executive level.

Executive-level vocabulary for organizational design, corporate governance, and strategic leadership. This lesson closes the Business Administration career track.

Why this matters This lesson connects directly to your progress: it covers corporate governance and strategy; organizational design and leadership; advanced organizational concepts. Mastering this content lets you move forward confidently, and reinforces patterns you'll use again later. Take time to review every example before moving to the assessment — repetition is what actually locks knowledge in long-term.

01

What will you be able to do?

The goals of this lesson.

02

Before you start

You already understand processes and performance management. This final Administration lesson covers governance, strategy, and organizational leadership.

03

Corporate governance and strategy

Terms for board-level accountability and strategic alignment.

Examples

Our corporate governance framework ensures board-level accountability.
Corporate governance
We're implementing a balanced scorecard to align strategic objectives.
Strategic mgmt
Organizational agility has become a core competitive differentiator.
Org theory
The executive team is driving a company-wide digital transformation.
Digital transformation
We're conducting a comprehensive organizational diagnosis.
Org diagnosis
Talent management strategies must align with long-term business goals.
Talent management
The merger integration required significant change leadership.
Change leadership
We're building organizational resilience to navigate market disruption.
Org resilience

04

Organizational design and leadership

Vocabulary for structuring organizations and leading through change.

Examples

The board mandated an independent governance review.
Governance review
We're restructuring reporting lines to eliminate redundancy.
Restructuring
Cross-cultural management skills are essential for our global operations.
Cross-cultural mgmt
We're implementing a matrix organizational structure.
Org design
The executive committee approved the succession planning framework.
Succession
We're aligning incentive structures with long-term shareholder value.
Incentive alignment

05

Advanced organizational concepts

Terms from contemporary organizational theory and strategic management research.

Examples

Organizational culture transformation requires sustained leadership commitment.
Culture transformation
We're conducting a comprehensive capability gap analysis.
Capability analysis
The company is decentralizing decision-making to improve responsiveness.
Decentralization
We're implementing enterprise risk management frameworks.
Enterprise risk mgmt
Strategic workforce planning ensures we have the right talent pipeline.
Workforce planning
The leadership team is fostering a culture of psychological safety.
Leadership culture
We're integrating ESG considerations into our governance framework.
ESG governance
Organizational ambidexterity allows us to innovate while maintaining efficiency.
Org ambidexterity

06

Reading

Read the text and answer the questions. You can try as many times as you want.

Following the merger, the board mandated an independent governance review. "Our corporate governance framework must ensure board-level accountability," the chairperson stated. The executive team began implementing a balanced scorecard to align strategic objectives across divisions.

"Organizational agility has become a core competitive differentiator," the CEO noted, emphasizing the need for change leadership during this transition. The company also committed to strategic workforce planning and integrating ESG considerations into its governance framework going forward.

1. What did the board mandate?

2. What must the governance framework ensure?

3. What is the executive team implementing?

4. What does the CEO say is a competitive differentiator?

5. What is the company integrating into governance?

07

Reading: Leading a Leadership Transition

A second reading, a bit longer. Read it and answer the questions below.

When the CEO announced her retirement, the board began succession planning immediately. The new executive team focused on change management to make sure the transition wouldn't disrupt daily operations.

“We need to build consensus before announcing anything,” the HR director said, working with a cross-functional team from every department. The new CEO's first priority was to align incentives with long-term goals and foster collaboration between teams that had worked separately for years. Attrition stayed low throughout the transition — a sign the plan had worked.

1. What did the board begin after the CEO's announcement?

2. What did the executive team focus on?

3. What did the HR director want to build first?

4. What was the new CEO's first priority?

5. What stayed low throughout the transition?

08

Match the Terms

Tap a term on the left, then tap its matching definition on the right. Ungraded — repeat as many times as you like.

Term

Definition

09

Fill in the Blanks

Usa las pistas para completar cada palabra en inglés. Sin calificar — repite las veces que quieras.

10

Key Points

The essentials of this lesson, summarized.

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Vocabulary in This Lesson

Key terms to remember.

corporate
adjective

relating to a large company or corporation

In "corporate governance", refers to the system of rules ensuring accountability at the board level, not daily operations.

Formal / corporate

Collocations: corporate governance, corporate strategy, corporate culture

Synonyms: company-wide, organizational

"Our corporate governance framework ensures board-level accountability."
Traduccióncorporativo (gobierno corporativo)
implementing
verb (gerund)

putting a plan or system into effect

"Balanced scorecard" is a strategic-management tool aligning performance metrics with broader objectives across departments.

Formal / strategic

Collocations: implementing a system, currently implementing, fully implementing

Synonyms: deploying, rolling out, executing

"We're implementing a balanced scorecard to align strategic objectives."
Traducciónimplementando
Organizational
adjective

relating to how an organization is structured or functions

"Organizational agility" refers to a company's ability to adapt quickly — increasingly valued in competitive markets.

Formal / strategic

Collocations: organizational agility, organizational structure, organizational change

Synonyms: structural, institutional, company-wide

"Organizational agility has become a core competitive differentiator."
Traducciónorganizacional
executive
noun

a senior manager with significant decision-making authority

Refers to top leadership (C-suite), distinct from middle management; drives major strategic initiatives.

Formal / corporate

Collocations: executive team, senior executive, executive decision

Synonyms: senior manager, officer, leader

"The executive team is driving a company-wide digital transformation."
Traducciónejecutivo/a
conducting
verb (gerund)

carrying out a formal process or review

Refers here to an "organizational diagnosis" — a structured assessment of a company's health and effectiveness.

Formal / analytical

Collocations: conducting a diagnosis, conducting an audit, conducting research

Synonyms: carrying out, performing, undertaking

"We're conducting a comprehensive organizational diagnosis."
Traducciónrealizando, llevando a cabo
Talent
noun (in 'talent management')

skilled individuals valuable to an organization

"Talent management" refers to strategies for attracting, developing, and retaining skilled employees.

Formal / HR strategy

Collocations: talent management, attract talent, retain talent

Synonyms: skilled staff, human capital

"Talent management strategies must align with long-term business goals."
Traduccióntalento (gestión del talento)
succession planning
noun

preparing future leaders to replace current ones

A critical governance practice ensuring leadership continuity when executives retire or leave unexpectedly.

Formal / governance

Collocations: succession planning process, robust succession planning, board-level succession planning

Synonyms: leadership pipeline, continuity planning

"The board is focused on succession planning for executives."
Traducciónplanificación de sucesión
change management
noun

guiding an organization through major changes

A structured discipline for managing the human side of organizational change, minimizing disruption and resistance.

Formal / organizational

Collocations: change management process, effective change management, change management strategy

Synonyms: transition management, organizational change

"Change management is critical during a merger."
Traduccióngestión del cambio
cross-functional
adjective

involving people from different departments

Describes teams or initiatives that draw expertise across silos, common in complex strategic projects.

Formal / organizational

Collocations: cross-functional team, cross-functional collaboration, cross-functional initiative

Synonyms: interdepartmental, multidisciplinary

"The initiative requires a cross-functional team."
Traducciónmultidisciplinario, interdepartamental
attrition
noun

the gradual loss of employees over time

More formal synonym for turnover, often used in workforce-planning and HR-analytics contexts.

Formal / HR

Collocations: attrition rate, reduce attrition, natural attrition

Synonyms: turnover, employee loss

"Attrition rates dropped after the new leadership program."
Traduccióndesgaste de personal, rotación
governance
noun

the system of rules and practices guiding a company

Encompasses how a company is directed and controlled, including board oversight and accountability structures.

Formal / corporate

Collocations: corporate governance, governance policy, governance framework

Synonyms: oversight, administration, stewardship

"Corporate governance policies were updated this year."
Traduccióngobernanza
performance review
noun

a formal evaluation of an employee's work

Standard HR process, typically annual or biannual, used to assess achievements and set future goals.

Formal / HR

Collocations: annual performance review, conduct a performance review, performance review cycle

Synonyms: performance appraisal, evaluation

"Annual performance reviews start next month."
Traducciónevaluación de desempeño

12

Common Phrases & Expressions

Executive-level expressions used in organizational strategy and leadership discussions.

build consensus
"It took time to build consensus among department heads."
drive change
"She was hired to drive change across the organization."
align incentives
"We need to align incentives with company goals."
empower teams
"Good leaders empower teams to make their own decisions."
set the tone
"Leadership sets the tone for company culture."
navigate a transition
"The company navigated the leadership transition smoothly."
hold people accountable
"Managers must hold people accountable for their goals."
foster collaboration
"The new office layout fosters collaboration between teams."

13

Build the Sentence

Tap the words in the correct order to form the sentence. Ungraded — repeat as many times as you like.

14

Choose the Correct Verb

Tap the correct verb form to complete each sentence. The other options are conjugations from other tenses — on purpose, so you learn to tell them apart.

We're a balanced scorecard to align strategic objectives

We're a matrix organizational structure

The team is fostering a culture of psychological safety

We're a comprehensive capability gap analysis

Organizational allows us to innovate while maintaining efficiency

16

Assessment

You need at least 80% to unlock the next lesson. You can retake it as many times as you want — your best score is saved.

1. "Cross-cultural management skills are essential for our global operations." — which one is correct?

3. Which option matches: "The leadership team is fostering a culture of psychological safety."?

4. Select the correct match for: "We're integrating ESG considerations into our governance framework."

5. Select the correct match for: "We're conducting a comprehensive capability gap analysis."

6. "Organizational culture transformation requires sustained leadership commitment." — which one is correct?

7. "The merger integration required significant change leadership." — which one is correct?

8. Choose the equivalent of: "Organizational agility has become a core competitive differentiator."

9. Select the correct match for: "We're implementing a matrix organizational structure."

10. Which option matches: "Organizational ambidexterity allows us to innovate while maintaining efficiency."?

10. Choose the equivalent of: "Cross-cultural management skills are essential for our global operations."

Review — Lesson 69 What matches: "The company's profits increased this year."?

Review — Lesson 69 What matches: "What are the fees for international transfers?"?

17

Summary and next step

You've completed Business Administration! Next: Information Systems, starting with essential IT vocabulary.

🗣️ Practice out loud

Use the conversational tutor to practice this topic.

Open the tutor

18

Games

Practice this lesson's vocabulary with a word search and flashcards. Ungraded — play as many times as you like.

Word Search

Tap the first and last letter of a hidden word to find it. Los términos de varias palabras van sin espacios en el tablero (ej. "give up" aparece como GIVEUP).

Flashcards

Elige la respuesta correcta. Si aciertas, la tarjeta queda lista por hoy; si fallas, vuelve a aparecer pronto para reforzarla. Tu progreso se guarda en este dispositivo.

Term