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The Business Professor
Management Strategy (Strategic Management)
Strategic management is the ongoing planning, monitoring, analysis and assessment of all necessities an organization needs to meet its goals and objectives.
The Business Professor
Management Information Systems Concentration
Management Information Systems Concentration
The Business Professor
Management Information Rights - Preferred Shareholders
What are Management Information Rights of Preferred Shareholders? Information Rights - A preferred shareholder may get special rights to information. This could include the ability to more closely monitor board and executive activity in...
The Business Professor
Management Decision Making
What is Management Decision making? In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational...
The Business Professor
Management Decision Making Models
What are common Management Decision Making Models? The Rational Model, The Intuitive Model,The Recognition Primed Model, Vroom-Yetton Decision-Making Model, and. Bounded rationality model.
The Business Professor
Management by Objective - Explained
What is Management by Objective? Management by objectives, also known as management by planning, was first popularized by Peter Drucker in his 1954 book The Practice of Management.
The Business Professor
Major Management Theories
Dr. Kyle Huff explains what are the Major Management Theories
The Business Professor
Logical Incrementalism
What is Logical Incrementalism? This approach focuses on the strategic management process that the strategies are not formed, but they come into existence as some long term plans which are made once in a while.
The Business Professor
Lifelong Learning (Organization)
What is Life-long learning in an organization? What is a learning organization? A learning organization can be defined as any organization that prioritizes personal and professional growth through knowledge transfer. These organizations...
The Business Professor
Performance Management
What is Performance Management in an Organization? “Performance management is the continuous process of improving performance by setting individual and team goals which are aligned to the strategic goals of the organisation, planning...
The Business Professor
Organizational Capacity for Change
What is Organizational Capacity for Change? Organizational capacity for change (OCC) is the overall capability of an organization, to prepare for, or to respond to, an increasingly volatile and changeable environment. Every person has a...
The Business Professor
Marketing Controls
What are Marketing Controls? Marketing control involves setting a desired standard, measuring deviations from the standard and taking the appropriate action. In many cases the standard is expressed in terms of budgets and any substantial...
The Business Professor
Performance Prism
What is the Performance Prism? Breakthrough measurement techniques for achieving breakthrough business results! Measuring "all" the relationships that matter: with customers, investors, employees, suppliers, alliances, regulators, and...
The Business Professor
Performance Evaluation - Management
What is Performance Evaluation for managers? A manager performance evaluation is an assessment that a supervisor conducts to determine how well a manager is fulfilling their duties. This kind of performance evaluation can consist of a...
The Business Professor
Perception
What is Perception? How does perception relate to organizational behavior? Perception in Organisational Behavior is defined as the process by which an individual selects, organizes and interprets stimuli into a meaningful and coherent...
The Business Professor
Path Dependence
What is Path Dependence? Path dependency is a phenomenon whereby history matters; what has occurred in the past persists because of resistance to change.
The Business Professor
Paralysis by Analysis
What is Paralysis by Analysis? Analysis paralysis describes an individual or group process where overanalyzing or overthinking a situation can cause forward motion or decision-making to become "paralyzed", meaning that no solution or...
The Business Professor
Paradigm Shift (Organization)
What is a Paradigm Shift in an Organization? In the business world, a paradigm shift is often a change in the perception of how things should be thought about, done, or made. A paradigm shift can require entire departments to be...
The Business Professor
Outcome Bias
What is Outcome Bias? The outcome bias is an error made in evaluating the quality of a decision when the outcome of that decision is already known.
The Business Professor
Establishing Team Dynamics: The Importance of a Team Contract
This video discusses the concept of a team contract and its importance in establishing clear roles, expectations, and norms within a team.
The Business Professor
Organizational Learning
What is Organizational Learning? Organizational learning is the process of creating, retaining, and transferring knowledge within an organization. An organization improves over time as it gains experience.
The Business Professor
Organizational Culture Profile
What is the Organizational Culture Profile? The organizational culture profile is used to understand what is an organization's primary cultural characteristics.
The Business Professor
Opportunitistic Behavior
Opportunistic behavior is an act or behavior of partnership motivated by the maximization of economic self-interest and occasioned loss of the other partners.
The Business Professor
Operations Management
What is Operations Management? Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.