by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Horn Effect Bias? The horn effect, coined by Thorndike (1920), often called the forked-tail effect, is a cognitive bias (a form of confirmation bias) that causes one’s perception of another person to be unduly influenced by a single negative trait....
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is Hoshin Kanri?The Japanese word Hoshin means: a course, a policy, a plan, an aim. The word Kanri means administration, management, control, charge of, care for. Hoshin Kanri (HK) is a cyclic planning and management concept from Japanese origin. It is applied at...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Inclusive Value Measurement (IVM)?Inclusive Value Measurement, proposed by Prof. Philip M’Pherson, is a rule-based mathematical model of multidimensional human-valuation (free from subjectivity) that can be keyed into a wide range of applications in...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Strategic Stakeholder Management?Strategic Stakeholder Management, described by Berman, Wicks, Kotha, Jones (1999), seeks to maximize shareholder value over an uncertain time frame through key stakeholder relationships.What is the Direct Effects Model? In the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are Intrinsic Motivators? Intrinsic motivators are internal or innate human desires that, when satisfied, give rise to satisfaction or contentment. Why are Intrinsic Motivators Important for Business?By taking care of innate human desires, managers can provide...
