by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is Materials Management?Materials Management (MM) is a grouping of the organizational functions responsible for the planning, sourcing, stocking, manufacturing, control and distribution activities of materials used in the internal and external fulfillment of...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Personal Power Model?The Personal Power model, proposed by Janet Hagberg, distinguishes six stages of personal power and leadership in organizations divided by Externally-Oriented and Internally-Oriented Power:Externally-oriented Power is primarily sought...
by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing
What is an Opinion Leader?An Opinion Leader (OL) is an individual capable to repeatedly persuade and influence other people’s behaviors according to her/his own preferences.Opinion leadership is achieved and sustained through a leader’s technical competence,...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the Objective Analysis Tree?Objective Analysis Tree is is a project planning tool that helps to analyze and graphically break down objectives into smaller and more manageable parts.The Objective Analysis Tree is a tool derived from its parent tool the Problem...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Objectives and Key Results (OKR) Framework?The Objectives and Key Results (OKR) Framework, proposed by Grove (1983), is a framework for defining objectives and tracking the implementation of the strategies to achieve them. What are Objectives?Objectives...
