by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Programme Management Maturity Model (PMMM)?The Programme Management Maturity Model (PMMM) provides a mechanism through which an organization or a group within an organization can do the following: It can make an assessment of itself. (In program management...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is POSDCORB? POSDCORB, developed by Gulick and L. Urwick, is an acronym representing the 7 functions of managers: Planning Organizing Staffing Directing Coordinating Reporting Budgeting What is the Planning Function of Managers? Working out in broad outline the...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the FiMO RcCOIL Model? Organizational Growth Effectiveness = Current Performance x Future Potential PerformanceCurrent performance includes results in the fields of Finance, Marketing and Operations, known also as the acronym FiMO.Future potential performance...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the PRIMO – F Model?The PRIMO-F Model, created by RapidBI and Morrison, 1998) is a diagnostic tool to measure an organization’s effectiveness against a set of defined parameters. PRIMO-F is an acronym for People, Resources, Innovation, Marketing,...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the PATHFINDER Card?The Pathfinder card is a Self-Assessment tool for identifying opportunities for improvement. Its purpose is to assist in the identification of improvement opportunities through Self-Assessment and to help build improvement plans. It is not...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the RADAR Scoring Matrix? The RADAR Scoring Matrix is a model for assessing organizational processes. The acronym RADAR stands for Results, Approach, Deployment, Assessment and Review.What are the Components of the Radar Scoring Matrix? Results – This...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the EFQM Model? The EFQM Model is a non-prescriptive TQM framework based on nine criteria broken into enablers (what the organization does) and results (what the organization achieves). Enablers drive results, while results provide feedback to enablers. The...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
What is the Four-Frame Model?The Four Frame Model, proposed by Bolman & Deal, describes 4 distinctive “frames” through which individuals see organizations (and the world in general). Structural Human Resources Political Symbolic What is a Structural...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
What is the Rendanheyi Model?The Rendanheyi Model, pioneered by the Haier Corporation, is an innovative way of organizing a multinational firm. The corporation is divided into self managing micro enterprises, of which many are market facing (“users”). The...
by TheBusinessProfessor | Feb 23, 2025 | Professionalism & Career Development
What is Safety Management?Safety Management is the conscious efforts to prevent accidents, failures, and other adverse consequences impacting employees, customers, shareholders, contractors, suppliers, and the general public. Safety management means adopting a...
