by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Conflict Management in Groups?There are three common views concerning the resolution of conflicts. These views apply equally to conflicts between individuals, between groups, and within groups. These theories are as follows:Traditional ViewThe traditional...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Hofstede’s Framework?Hofstede’s Cultural Dimensions Theory is a framework for cross-cultural communications. The framework seeks to demonstrate the effects of a society’s culture on the values of members of the culture and their...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Crisis Management?Crisis management, a facet or risk management, is a process-based approach to addressing highly unfavorable situations arising within an organization. It involves developing a strategy and plan for addressing the cause and consequences of an...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Winterling Crisis Matrix?The Interlink Crisis Matrix, or simply crisis matrix, designed by Klaus Winterling, is an analytical tool that categorizes risk along two parameters: Probability of Occurrence – The matrix identifies three levels of...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Innovation Management?Innovation management concerns all activities and processes related to innovation within the organization. Innovation is the process of bringing into existence something novel and unique. It generally involves developing and/or...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Disruptive Innovation?Disruptive innovation, first proposed by Harvard Professor, Clayton Cristensen, concerns the creation of new markets or value networks through innovations. The innovations disrupt, and often displace, existing markets, value networks, and...