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Laissez-Fare Approach to Management

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

What is Laissez-Faire Management?In Laissez-Faire management, the manager grants lots of autonomy to the employee to make decisions and take actions consistent with their roles in the organization. It is deemed a “hands-off” approach to management. Laissez-Faire...

Dynamic Administration (Follet)

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

Who is Professor Mary Parker Follet?Follet researched classical management principles in the context of human elements. She employed psychology to understand employee interactions and to promote the efficient use of people in the organization. What Did Follet Study?In...

Cognitive Biases – Explained

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

What are Cognitive Biases? The bias means that the brain is filtering the excess information since it is not able to process all the stimuli reaching it. Cognitive Biases Affect Decisions and ConclusionsThere are three ways of making decisions and drawing conclusions:...

Population Ecology Theory – Explained

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

What is Population Ecology? Population ecology is the study of dynamic changes (beginning, end, organizational forms) within a given set of organizations. Adaptation vs SelectionHannan & Freeman (1989) believe that long-term change in the diversity of...

Institutional Theory – Explained

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

What is Institutional Theory? Institutional theory considers the processes by which structures, including schemes, rules, norms, and routines, become established as authoritative guidelines for social behavior. What Does Institutional Theory Explain?Different...

Enactment Theory – Explained

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

What is Enactment Theory? Enactment, per Weick (1988), is the effect that when people act they bring structures and events into existence and set them in action. The process of enactment involves two steps.  First, preconceptions are used to set aside portions of the...
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