by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management Management By Objective as a Performance Management System Peter Druckers management by objectives (MBO) approach is one of the first systematic approaches addressing management goals and objectives. As such, MBO can be viewed as a...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: OPERATIONS MANAGEMENT What is Lean Control? Lean control (or simply Lean) is a process used to control non-financial aspects (work processes, purposes, and people) of organizational performance – all with the purpose of improving quality and...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Performance Management? Performance Management is the process of continuously identifying, measuring, and developing workforce performance within the organization. This means aligning the goals and objectives of individuals,...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What is ERG Theory? The ERG theory was proposed by Clayton P. Alderfer as a modification to Maslows hierarchy of needs. Alder grouped human needs into three categories: Existence – This includes physiological (air, food, water) and...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What is Theory X and Theory Y? Theory X and Theory Ywere proposed by management theorist Douglas McGregor. Both theories rest on the assumption that management is required to coordinate all aspects of the value delivery process to be...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back To: LEADERSHIP What are Process-Based Theories of Motivation? Process-based theories use the mental processes of employees as the key to understanding employee motivation. Unlike needs-based theory, it sees motivation as a rational process. Some of the...