by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Leadership as a Continuum Model?This model was proposed by Robert Tannenbaum and Warren Schmidt, who detailed numerous leadership styles ranging from highly-autocratic to very laissez-faire. The styles include: Leader makes the decision and communicates it to...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Behavioral Approach to Leadership?The behavioral approach, as the name states, focuses on how leaders behave in the execution of their responsibilities. This field of leadership study also focused on how leaders make decisions. Leader Behaviors Leader...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Vroom and Yetton’s Normative Decision Model?The normative decision model was developed by Professors Victor Vroom, Philip Yetton, and Arthur Jago to assist leaders in determining the extent to which they should involve subordinates in the decision-making...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is House’s Path-Goal Theory?Path-Goal Model of leadership was proposed by Robert House. It concerns the relationship between leadership styles and situations. More specifically, it explores which leadership styles are more effective in any given...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Fiedler’s Contingency Model?Leadership Theorist Fred Fiedler introduced the incorporation of situational variables into leadership study. Specifically, he identified situational variables and research how they interrelated with leadership...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Situational Leadership?Situational leadership, often called contingency leadership, concerns how the context of an individual’s actions relate to whether they are perceived as a leader or whether their attempts at leadership are effective.Contingency...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Big Five Model for Characterizing Personality Traits?The Big Five Model is a psychological model seeks to categorize the characteristics of a persons personality, as follows: Extraversion Openness to Experience Conscientiousness Agreeableness Neuroticism...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What are Leadership traits?Researchers have students in-depth the personal attributes or traits that correlate with being seen as a leader or being effective as a leader. More specifically, they focused on the personality characteristics and physical and psychological...
by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy
What is the Paradox of Rationality?The paradox of rationality refers to a game theory’s empirical observation where players who make naive or irrational choices always tend to receive better payoffs compared to those that make rational choices through backward...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is a Pearson Coefficient?The Pearson coefficient refers to a type of correlation coefficient in statistics representing the relationship between two variables measured on the same ratio scale or the same interval. The Pearson coefficient is an associations...
