by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the FiMO RcCOIL Model? Organizational Growth Effectiveness = Current Performance x Future Potential PerformanceCurrent performance includes results in the fields of Finance, Marketing and Operations, known also as the acronym FiMO.Future potential performance...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is The Stacey Matrix?The Stacey Matrix, developed by Ralph Stacey, is a contingency-based approach to decision making. A decision is based upon two variables: Certainty (Cause and Effect of Decision) Agreement (Extent of Agreement among Stakeholders) What is...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are Theory E and Theory O? Theory E and Theory O, both proposed by Beer and Nohria, are alternative approaches to deal with organizational change. Managers often use both theories in concert to deal with organizational change. What is Theory E?Theory E is a hard...
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...
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...
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...