by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is Materials Management?Materials Management (MM) is a grouping of the organizational functions responsible for the planning, sourcing, stocking, manufacturing, control and distribution activities of materials used in the internal and external fulfillment of...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Personal Power Model?The Personal Power model, proposed by Janet Hagberg, distinguishes six stages of personal power and leadership in organizations divided by Externally-Oriented and Internally-Oriented Power:Externally-oriented Power is primarily sought...
by TheBusinessProfessor | Feb 23, 2025 | Principles of Marketing
What is an Opinion Leader?An Opinion Leader (OL) is an individual capable to repeatedly persuade and influence other people’s behaviors according to her/his own preferences.Opinion leadership is achieved and sustained through a leader’s technical competence,...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the Objective Analysis Tree?Objective Analysis Tree is is a project planning tool that helps to analyze and graphically break down objectives into smaller and more manageable parts.The Objective Analysis Tree is a tool derived from its parent tool the Problem...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Objectives and Key Results (OKR) Framework?The Objectives and Key Results (OKR) Framework, proposed by Grove (1983), is a framework for defining objectives and tracking the implementation of the strategies to achieve them. What are Objectives?Objectives...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Organizational Commitment?Organizational Commitment (OC) is the psychological attachment and the resulting loyalty of employees to an organization, based on the pride of being part of the organization and the belief that their organization values...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Organizational Conflict? Organizational conflict is between the goals of two or more internal groups in an organization, such that the behaviors or actions of one group in furtherance of its goals obstructs and thwarts the goals of another. According to the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Organizational Culture?Edgar Schein (1992) defines organizational culture as: “the basic tacit assumptions about how the world is and ought to be that a group of people are sharing and that determines their perceptions, thoughts, feelings, and, their...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is PAEI? The PAEI model, proposed by Adizes, describes the four key roles which make up a successful management team: Producer Administrator Entrepreneur Integrator And is a method to evaluate the contribution and areas of strength of each member of a team. What...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is Paralysis by Analysis?Paralysis by Analysis is a phrase describing a situation where no decision is or can be made due to devoting disproportionate effort to the analysis phase of a decision. Managers then become unable to create value and manage. Typical...
