The Business Professor
Inductive Reasoning
What is Inductive Reasoning? Inductive reasoning is a method of reasoning in which a general principle is derived from a body of observations. It consists of making broad generalizations based on specific observations.
The Business Professor
Individual Values
What are Individual Values? How doe values pertain to management and organizational behavior? Values are the guiding forces behind decision-making, perception, and behavior. Managers seek to understand their employees values. This...
The Business Professor
House's Path Goal Theory (Situational Leadership)
What is House's Path Goal Theory (Situational Leadership)? Robert J. House, founder of Path-Goal theory, believes that a leader's behavior is contingent to employee satisfaction, employee motivation and employee performance. Path-Goal...
The Business Professor
Horn Effect Bias
What is the Horn Effect Bias? The Horn effect is a type of cognitive bias that happens when you make a snap judgment about someone on the basis of one negative trait. An example of the Horn effect is when a company releases a bad product...
The Business Professor
Holland's Personality Job Fit
What is Holland's Personality Job Fit? Holland found that people needing help with career decisions can be supported by understanding their resemblance to the following six ideal vocational personality types: Realistic (R) Investigative...
The Business Professor
Hindsight Bias
What is Hindsight Bias? Hindsight bias, also known as the knew-it-all-along phenomenon or creeping determinism, is the common tendency for people to perceive past events as having been more predictable than they were.
The Business Professor
High-Performing Teams (Characteristics)
What is a High-Performing Team? What are the characteristics of the high-performing team? High-performance teams is a concept within organization development referring to teams, organizations, or virtual groups that are highly focused on...
The Business Professor
Heuristics
What are Heuristics? How are they relevant to organizational behavior? Heuristics are mental shortcuts that can facilitate problem-solving and probability judgments. These strategies are generalizations, or rules-of-thumb, that reduce...
The Business Professor
Hersey Blanchard Situational Leadership Model
What is the Hersey Blanchard Situational Leadership Model? The Situational Leadership Model, is a model created by Paul Hersey and Ken Blanchard, developed while working on Management of Organizational Behavior. The theory was first...
The Business Professor
Hartman's Value Profile
What is Hartman's Value Profile? a Hartman Value Profile assessment reveals underlying values that drive behavior and why these behaviors result in success (or failure) across leaders and teams. The assessment can also be repeated over...
The Business Professor
Halo Effect
What is the Halo Effect? The halo effect is the tendency for positive impressions of a person, company, country, brand, or product in one area to positively or negatively influence one's opinion or feelings in other areas.
The Business Professor
Groupthink
What is Groupthink? Groupthink is a psychological phenomenon that occurs within a group of people in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.
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Group vs Team
What is a Group? What is a Team? What is the difference between a group and a team? A group is a collection of individuals who coordinate their efforts, while a team is a group of people who share a common goal. While similar, the two...
The Business Professor
Group Structure
What is Group Structure? The arrangement of individuals and their relationships, both implicit and formalized, in a group, including positions, roles, and patterns of authority, attraction, and communication.
The Business Professor
Group Cohesion
What is Group Cohesion? the unity or solidarity of a group, including the integration of the group for both social and task-related purposes.
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Global Management
What is Global Management? Global management is a distinct set of administration, communication and management strategies tailored to the needs of an interconnected, worldwide community. This includes how organizations manage hiring,...
The Business Professor
Generation Y (Gen Y) or Millenials
What is Generation Y (Gen Y) or Millenials? Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z.
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Generation X (Gen X)
What is Generation X (Gen X)? Generation X is the demographic cohort following the baby boomers and preceding the millennials. Researchers and popular media use the mid-to-late 1960s as starting birth years and the late 1970s to early...
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Frame Dependence
What is Frame Dependence? Frame dependence means that people make decisions that are influenced by the manner in which the information is presented. Frame dependence manifests itself in the way that people form attitudes towards gains...
The Business Professor
Four Stages of Group Development
What ar the 4 Stages of Group Development? Psychologist Bruce Tuckman described how teams move through stages known as forming, storming, norming, and performing, and adjourning (or mourning). You can use Tuckman's model to help your...
The Business Professor
Fiedler's Contingency Model
What is Fiedler's Contingency Model? The contingency model by business and management psychologist Fred Fiedler is a contingency theory concerned with the effectiveness of a leader in an organization.
The Business Professor
Execution as Learning Model
What is the Execution as Learning Model? he execution as learning model, proposed by Amy C. Edmondson, argues today's central managerial challenge is to "Inspire and enable knowledge workers to solve, day in and day out, problems that...
The Business Professor
Enneagram of 9 Personalities
What is the Enneagram of 9 Personalities? Nines value harmony, comfort and peace. They are motivated by a need to always keep the peace and avoid conflict at all costs.
The Business Professor
Endowment Effect
What is the Endowment Effect? n psychology and behavioral economics, the endowment effect is the finding that people are more likely to retain an object they own than acquire that same object when they do not own it.