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Approaches to Management Decision Making
What are the Approaches to Management Decision Making? Rational decision-making model, Bounded rationality decision-making model, Intuitive decision-making model, and. Creative decision-making model.
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Ambiguity Theory
What is the Ambiguity Theory? Ambiguity theory assumes that turbulence and unpredictability are dominant features of organizations. That is, the organization is marked by uncertainty and unpredictability.
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Allport Vernon Lindzey Study of Values
What is the Allport Vernon Lindzey Study of Values? It is a psychological tool designed to measure personal preferences of six types of values: theoretical, economic, aesthetic, social, political, and religious.
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Affluenza
What is Affluenza? Affluenza is a pseudoscientific psychological malaise supposedly affecting wealthy people. It is a portmanteau of affluence and influenza, and is used most commonly by critics of consumerism. It is not a medically...
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ADKAR Model
What is the ADKAR Model? The ADKAR Model of Change Management is an outcome-oriented change management method that aims to limit resistance to organizational change.
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Adaptive Expectations Theory
What is Adaptive Expectations Theory? In economics, adaptive expectations is a hypothesized process by which people form their expectations about what will happen in the future based on what has happened in the past.
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Activity-Based Management
What is Activity-Based Management? Activity-based management is a method of identifying and evaluating activities that a business performs, using activity-based costing to carry out a value chain analysis or a re-engineering initiative...
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Action Learning
What is Action Learning? Action learning is an approach to problem solving involving taking action and reflecting upon the results. This helps improve the problem-solving process as well as simplify the solutions developed by the team.
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Abilene Paradox
What is the Abilene Paradox? The Abilene paradox is a collective fallacy, in which a group of people collectively decide on a course of action that is counter to the preferences of most or all individuals in the group, while each...
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Abductive Reasoning
What is Abductive Reasoning? Abductive reasoning is a form of logical inference that seeks the simplest and most likely conclusion from a set of observations. It was formulated and advanced by American philosopher Charles Sanders Peirce...
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8 Discipline or 8D Problem Solving
What is 8 Discipline Problem Solving? What is 8D problem solving? Eight Disciplines Methodology is a method or model developed at Ford Motor Company used to approach and to resolve problems, typically employed by quality engineers or...
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8 Attributes of Management Excellence
What are the 8 Attributes of Management Excellence? In their book In Search of Excellence, McKinsey consultants Tom Peters and Robert Waterman found 8 common themes which they argued were responsible for the success of 14 identified...
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6 Change Approaches
What is the 6 Changes Approach? The 6 Change Approaches developed by John Kotter and Leonard Schlesinger is a model to prevent, decrease, or minimize resistance to change in organizations.
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5 P Model of Strategic Management
What is the 5 P Model of Strateic Management? Each of the five P's represents a distinct approach to strategy. This includes Plan, Ploy, Pattern, Position and Perspective. These five elements enable a company to develop a more successful...
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5 Disciplines of Senge
What are the 5 Disciplines of Senge? The Fifth Discipline: The Art and Practice of the Learning Organization is a book by Peter Senge focusing on group problem solving using the systems thinking method in order to convert companies into...
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4 Trajectories of Industry Change
What are the 4 Trajectories of Industry Change? Her research suggests that industries evolve along one of four distinct trajectories--radical, progressive, creative, and intermediating--that set boundaries on what will generate profits...
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Gestalt Theory
What is Gestalt Theory? Gestalt psychology, gestaltism, or configurationism is a school of psychology that emerged in the early twentieth century in Austria and Germany as a theory of perception that was a rejection of basic principles...
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Winterling Crisis Matrix
What is the Winterling Crisis Matrix? What is the Winterling Crisis Matrix? The Interlink Crisis Matrix, or simply crisis matrix, designed by Klaus Winterling, is an analytical tool that categorizes risk along two parameters: Probability...
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Whole Brain Model
What is the Whole Brain Model? The Whole Brain® Model is a metaphor for how we think. But it’s also a practical approach to observing and describing our thinking preferences — and the preferences of those around us.
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Understanding the Leading Function of Management
This video discusses the leading function of management within the POLC model, which stands for planning, organizing, leading, and controlling. They emphasize that leadership theory involves understanding individual motivations and what...
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Uncertainty Avoidance
What is Uncertainty Avoidance? In cross-cultural psychology, uncertainty avoidance is how cultures differ on the amount of tolerance they have of unpredictability.
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Types of Teams
What are the Types of Teams? The five most popular types of teams in an organization include problem-solving teams, self-managed work teams, cross-functional teams, virtual teams, and multiteam systems. A formal team is a group of...
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Types of Organizational Learning
What are the Types of Organizational Learning? single loop, double loop, deutero learning, Organizational learning theory is a branch of organizational studies that seeks to understand how organizations acquire and use knowledge to...
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Type 1 and Type 2 Decisions
What are Type 1 Decisions? What are Type 2 Decisions?