by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Global Management? Global management concerns the management of employees and resources when carrying on business internationally. This includes all business activities, such as sales, marketing, hiring, and finance...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Service Management? Services take various forms within the organization. They are integrated at various points in the chain of value delivery. As such, service management is generally a component of supply chain management....
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is Diversity Management? Diversity management concerns management activities aimed at promoting equal opportunities for diverse members of an organization. It is a subset of Human Resources Management. Managing diversity is...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management 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,...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management 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...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What is the Wintering 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...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management 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...
by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior
[cite] Back to: Business Management What are Key Performance Indicators (KPIs)? Key performance indicators are metrics that demonstrate the results of a process or activity within an organizational unit. The results are used to make an assessment of performance...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
[cite] Back to: OPERATIONS, LOGISTICS, & SUPPLY CHAIN MANAGEMENT What is Value Stream Mapping (VSM) or Value Stream Analysis? Value stream mapping is a method for analyzing the value delivery process in a business. More specifically, it is primarily used to create...
by TheBusinessProfessor | Feb 23, 2025 | Operations, Project, & Supply Chain Management
[cite] Back to: OPERATIONS, LOGISTICS, & SUPPLY CHAIN MANAGEMENT What is a Process Map? A process map is a depiction of the specific processes and activities within an organization. Generally, it is used to document how these activities and processes are...
