Informational power is a concept that is quickly becoming more relevant in today’s world. It refers to the ability of an individual or organization to…
Reward Power in Leadership: Definition and Examples
Reward Power is the ability of a leader to give rewards to followers for meeting organizational expectations. Rewards can include financial compensation, recognition, promotions, or…
Expert Power: Definition, Examples and Development
Expert power is the personal power derived from possessing specialized skills or expert knowledge. For example, if someone has a great understanding of finance or…
Legitimate Power: Definition, Examples, Advantages and Disadvantages
Legitimate power is a type of power that comes from one’s role or formal position in an organization, such as being a manager or team…
What is MIS? Management information systems
What is a Management information system? A management information system (MIS) is a collection of software, hardware, data, or processes that help the collection, organization,…
Endogenous Growth Theory: Definition, Elements and Examples
What is Endogenous Growth Theory? Endogenous Growth Theory is a term used to describe economic growth that is driven internally from within the economy, as…
28 Characteristics of a Successful Leader
Strong leaders are essential for success and progress in any organization, team, or group. But what makes a leader truly effective? It starts with having…
What is Decision Analysis (DA)? Definition, Methods and Importance
Decision analysis (DA) is a structured approach to decision-making that involves identifying and assessing the factors that contribute to a problem or opportunity and then…
Decision Flow Diagram – Definition, Types, Advantages, Disadvantages
A decision flow diagram is a graphical representation of the decision-making process. It shows the different decision paths that can be taken and the possible…
Decision Support System – Definition, Purpose, Advantages and Disadvantages
A decision support system (DSS) is a computerized system that supports decision-making in organizations. Decision support systems are typically used to help managers and other…
Democratic Leadership – Style, Characteristics, Pros and Cons
What Is Democratic Leadership? Democratic leadership is a leadership style where group members take part in the decision-making process. The participative leadership style of good…
Deming’s 14 Points of Management
What are Deming’s 14 Points? Deming’s 14 Points of Management are principles for transforming an organization from its current form to one of optimization and…
Dispute Resolution – Definition, Types, Importance and Methods
Dispute resolution is the process of resolving a disagreement or conflict between two parties. Dispute resolution can happen through negotiation, mediation, or arbitration. Businesses often…
Information Dissemination – Definition, Types and Importance
What is Information Dissemination? Information dissemination is the systematic distribution of scientific and technological information to those who need to know it. For research to…
What is Demotivation? Definition, Causes and Management
What is Demotivation? Definition: Demotivation is the lack of enthusiasm or interest that an employee has in his or her work. Demotivated employees are often…
Direct Communication – Definition, Importance and Advantages
What is Direct Communication? Direct communication is a type of communication that is clear and directs actions. Direct communication is a process whereby two or…
Who are Decision Makers? Definition, Types and Importance
Decision makers are the people who make decisions that affect the company or organization. They have the authority to make decisions that will impact the…
Coercive Power: Definition, Types, and Examples
What is Coercive Power? Coercive Power is a type of power that uses threats, force, or other forms of coercion to get an outcome. A…
Distributed Leadership – Definition, Principles and Benefits
What is Distributed Leadership? Distributed leadership is a pattern of shared leadership among individuals in an organization, typically characterized by collaborative decision-making and collective action….
What is Conflict? Definition, Types and Causes
What is Conflict? Conflict is a condition or state of human interaction in which there is disharmony or a perceived difference in interests, needs, or…
Facility Management – Definition, Importance and Future
Facility management is the coordination of building operations and systems. This can include tasks such as maintenance, security, utilities, and more. Facility managers work to…
Communication Channels: Definition, Types and Role
Communication channels are the methods that are used to communicate, such as phone calls, text messages, emails, and face-to-face conversations. Communication channels can be categorized…
What is Collective Intelligence? Benefits and Limitations
Collective intelligence is a concept that describes the ability of a large group of individuals to pool their knowledge, data, and skills in order to…
Collaboration – Definition, Importance, Types and skills
Collaboration is the process of two or more people, entities, or organizations working together to complete a task or achieve a goal. Collaboration can be…
Board of Trustees Vs. Board of Directors
The board of trustees is a group of officially designated individuals for overseeing and managing operations of an organization to ensure the best interest of…
Board of Governors – Definition, Roles and Responsibilities
The board of governors is a bunch of people who have the official capacity to supervise the workings and business operations of an organization. Their…
Bureaucratic Leadership – Definition, Advantages and Disadvantages
Bureaucratic leadership is a leadership style in which a hierarchy of power establishes management and decision-making norms. In a bureaucratic leadership framework, a strict and formal…
Buying Center – Definition and Importance
A buying center is a group of people within a company such as employees and other members of an organization responsible for channelizing buying process…
Board Meetings – Meaning, Importance, Topics and Softwares
The Board Meeting is a meet-up of the board of directors of an organization that occurs at fixed intervals for deciding on the policies and…
What is Motivation? Definition, Theories and Types
Motivation is the longing or willingness to do something due to the set of psychological forces or factors that compel you to act in service…
The 6 Basic Human Needs
What are Basic Human Needs? Definition: Basic human needs are defined as the drivers of people’s actions or the wants of people for living a…
What is a Mind Map? 10 tools for Making Beautiful Mind Maps
A mind map is an easy method of brainstorming thoughts without considering or worrying about the order or structure of thoughts. A mind map helps…
What is Planning? Definition, Importance and Features
Planning is the primary function of management that involves deciding the future course of action. There are several definitions of planning, but the one studied…
Two-Way Communication – Definition, Importance and Examples
Two-way communication is interpersonal communication in which two parties are involved, namely, the sender and the receiver. The transmission of information between the parties is…
Communication Media: Definition, Types and Examples
Communication media is a medium or channel through which a message or information can be transmitted from a sender to the receiver. Different means through…
Learn from Mistakes To Grow As A Person
Learn from mistakes quote Learning by making mistakes and not duplicating them is what life is about – Lindsay Fox Learn from Mistakes Defined Mistakes are…
What is Behavioral Analysis? – Definition and Techniques
What is Behavior Analysis? Definition: Behavioral Analysis is defined as a scientific study of human behavior by using foundations and principles of behaviorism. Behavior analysts…
What are Cultural Barriers? 5 Critical Barriers In Workplace
Culture is handed down from one generation to the next, and on the way keeps on evolving and creating further subcultures. It includes music, food,…
How to Use Goal Seeking in Microsoft Excel?
Being one of the most potent calculators, Microsoft Excel includes a feature like goal-seeking that you can use when you know the final result you…
Operant Conditioning – Meaning, Concepts and Examples
Operant conditioning is also understood as instrumental learning that revolves around some associative learning procedures that play a pivotal role in modifying the quality of…
