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Strategic Stakeholder Management – Explained

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...

Just World Effect (Bias) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

What is the Just World Effect?Just-World Effect is the human tendency to believe the world is “just” and so therefore people “get what they deserve”.It is the assumption and cognitive bias that a person’s actions inherently lead to...

Horn Effect (Forked-Tail Effect) – Explained

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....

Intrinsic Motivators – Explained

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...

Inclusive Value Measurement (IVM) – Explained

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...
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