What is Predictive Analytics? Predictive analytics analyzes contemporary and historical facts to make future predictions using different statistical methods like data mining, machine learning, AI,…
Rightsizing – Definition, Meaning, Steps and Challenges
Rightsizing is defined as the process of reorganizing and restructuring the existing business by different cost-cutting methods. These methods include, but are not limited to,…
Garden Leave – Meaning, Advantages, Terms and Conditions
What is garden leave? Garden leave is a practice followed by companies to prevent an employee to go to work or seeking work elsewhere once…
7 Different Types of Power Leaders can Use
In an organization, leaders use different power types to influence employees’ attitudes, values, and behaviors to accomplish organizational goals. Such managerial power aims to either…
What is Level 5 Leadership and how to become a Level 5 Leader
Level 5 leadership is the residing point of some of the top CEOs globally, as it paves the path of great leadership. Jim Collins developed…
Financial Planning – Definition, Meaning, Importance and Steps
What is Financial Planning? Financial Planning, an integral part of financial management, is a process that determines how a person or a business organization is…
Incentives – Definition, Types, Role, Examples and Advantages
What are Incentives? Incentives refer to any material tangible or intangible that can pull in the attention of the employees and motivate them to work…
Problems with of Lack of Communication and How to improve it
Lack of communication refers to poor communication that leads to insufficient team knowledge, regular conflict, low employee self-esteem and ineffective teamwork. The employee engagement and…
Communication Design – Definition, Meaning, Types and Examples
What is Communication Design? Communication design is a system-based concept that creates an integral relationship between the visuals and the person viewing them. It refers…
Team Development – 5 Stages and Importance
What is Team Development? Team development is an approach where training and support are provided to a group of individuals so that they can work…
Career Counseling – Definition, Meaning, Importance and Types
What is Career Counseling? Career counseling, also known as career guidance, is a process that helps a person in understanding himself, his personality, background, abilities…
KRA vs KPI – Difference Between KRA and KPI
KRA and KPI are two metrics crucial for determining whether the organizational strategies are moving in the right direction or not. KRA is Key Result…
What is Face-to-Face communication?
Face-to-face communication refers to the interaction between two or more people where everyone is in direct contact with each other. It is also known as…
Transactional Model of Communication
What is the Transactional Model of Communication? The transactional model of communication refers to the continuous exchange of information where both the sender and receiver…
Business Ethics Definition – Importance, Examples, Role and Types
Business ethics helps in ethical decision-making by guiding about the right and wrong for a business in the situations of ethical issues, dilemmas, or controversies….
