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Service Profit Chain – Explained

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

What is a Service-Profit Chain?The service profit chain is a representation of the internal service quality in a firm and how it links with other internal service elements to affect revenue growth and profitability. The service profit chain helps managers identify the...

Scandia Navigator – Explained

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

What is the Scandia Navigator? The Skandia Navigator is a collection of intangibles measurements methods, pioneered by Leif Edvinsson, that provide a holistic understanding of the organization and its value creation along 5 focus areas. Financial Customer Process...

Results-Oriented Management – Explained

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

What is Results-Oriented Management?Result Oriented Management is a management style, explained by Schouten and van Beers, that aims to achieve maximum results based on clear and measurable expectations. Result Oriented Management is a management style, based on the...

Social Capital – Explained

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

What is Social Capital?Social Capital concerns the value that an individual (organization or person) receives as a result of their social relationships and connections.What are the Elements of Social Capital?Key components of social capital are: Trust Level of...

Social Facilitation Theory – Explained

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

What is the Social Facilitation? The social facilitation says that individuals will perform differently based upon the presence of observers. Specifically, individuals tend to perform better on easy or well-rehearsed tasks and worse on complex tasks or new ones.What...
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