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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...

Hoshin Kanri – Explained

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...

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....

Integrative Thinking – Explained

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

What is Integrative Thinking?Integrative Thinking is a decision-making approach that allows for the development of creative solutions rather than merely choosing the best solution from a list of alternatives. Integrative thinking seeks to eliminate barriers to...

Mintzberg’s Organizational Configurations – Explained

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

What are Mintberg’s Organizational Configurations? The organizational configurations framework, preferred by Henry Mintzberg, identifies six valid organizational setups.What are Valid Organizational Configurations? Simple Structure (Entrepreneurial Startup) Machine...
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