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Triple Bottom Line – Explained

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

What is the Triple Bottom Line?Triple Bottom Line (TBL), a term coined by John Elkington, is a stakeholder approach to company governance indicating that the performance of companies should be based on the combination of financial performance, environmental...

Parenting Styles Theory – Explained

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

What is the Parenting Styles Theory?The Parenting Styles theory, proposed by Goold and Campbell, is a theory concerning the role of the corporate center in a corporation. They argue that many successful approaches to corporate strategy are based upon management styles...

Crucial Success Factor (CSF) – Explained

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

What is a Crucial Success Factor (CSF)? A Crucial Success Factor or CSF is some feature of the internal or external environment of an organization that has a major influence on achieving the organization’s aims.  What are the Types of Crucial Success...

Cynefin Framework – Explained

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

What is the Cynefin Framework?The Cynefin framework, proposed by Snowden and Boone (2007) is the application of contingency thinking to decision-making. Adept decision-makers should learn how to: Identify the context properly Change their behavior and decisions to...

Types of Organizational Learning – Explained

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

What is Organizational Learning?Organizational learning is “the process of improving actions through better knowledge and understanding” (Fiol and Lyles, 1985). What is a Learning Organization? A “learning organization” is a firm that...

Catalytic Mechanisms – Explained

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

What are Catalytic Mechanisms?Catalytic Mechanisms, proposed by Jim Collins (1999), are methods that facilitate organizations to turn goals into results by linking goals to performance.What are the Characteristics of Catalytic Mechanisms? Collins notes five...
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