by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Judgement Noise?Judgment noise, coined by Kahneman (2016), concerns irrelevant factors, such as information that affect or influence our judgment. Noise is a type of error in judgment or decision making. Judgment Noise and Cognitive Bias?The increased presence...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are Intrinsic Motivators? Intrinsic motivators are internal or innate human desires that, when satisfied, give rise to satisfaction or contentment. Why are Intrinsic Motivators Important for Business?By taking care of innate human desires, managers can provide...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Strategic Stakeholder Management?Strategic Stakeholder Management, described by Berman, Wicks, Kotha, Jones (1999), seeks to maximize shareholder value over an uncertain time frame through key stakeholder relationships.What is the Direct Effects Model? In the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Inclusive Value Measurement (IVM)?Inclusive Value Measurement, proposed by Prof. Philip M’Pherson, is a rule-based mathematical model of multidimensional human-valuation (free from subjectivity) that can be keyed into a wide range of applications in...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Horn Effect Bias? The horn effect, coined by Thorndike (1920), often called the forked-tail effect, is a cognitive bias (a form of confirmation bias) that causes one’s perception of another person to be unduly influenced by a single negative trait....
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Integrative Thinking?Integrative Thinking is a decision-making approach that allows for the development of creative solutions rather than merely choosing the best solution from a list of alternatives. Integrative thinking seeks to eliminate barriers to...
