Through inspiration, many big goals can be achieved. It is applicable in every field of life. The corporate world is no exception to this notion….
Different Types of Leadership Theories
Leadership theories play a significant role in deciding how effectively someone directs themselves or their group in accomplishing their goals, thus becoming a successful leader….
Leadership Assessment – Definition, Importance, Tools, Questions and Benefits
Leadership assessment is a process of accurate and objective examination or evaluation of the strengths, readiness, competencies, and shortcomings of an individual handling a leadership…
What is Business Continuity Management or BCM?
Business continuity management (BCM) revolves around strategies, plans, and actions for crisis management, business-recovery planning, and IT disaster recovery. BCM identifies potential threats to an…
Business Process – Definition, Types, Importance, Characteristics and Steps
A business process revolves around collecting linked tasks crucial for offering products or services to the clientele in exchange for money. Business processes are essential…
Business Entity Concept Definition – Types and Benefits
According to the entity concept, a business and its owner are two separate entities in accounting. As a result, the business and the owner’s accounts…
Implied Terms vs Express Terms – Importance and Differences
The terms of the employment contract, which are not necessarily written, are called implied terms. Usually, these are the terms conveyed orally but are nevertheless…
Leadership Vision – Qualities and Building the vision
Being a visionary is crucial for a successful leader, as a leadership vision is pivotal in maintaining the motivation, momentum, and inspiration of a team. So,…
Adaptive Leadership – Definition, Principles, Examples and Advantages
Adaptive leadership is a practical leadership model which follows an adaptive approach in solving business problems by adapting to changing environments and responding to recurring…
Process Documentation | Importance, Goals and Steps
Several different processes make up a business. The different processes that constitute a business need constant reviewing and improving. These processes are generally improved based…
Focus Group Interviews | Purpose, Preparation, and Sample Interviews
Quality research is performed when an organization or institution wishes to test any concept, idea, or product. This qualitative research can be conducted using several…
Effective Management | Functions, Characteristics and Tips
What is effective management? Management is an essential part of an organization. Effective management is to manage the organization and drive employees to perform to…
Fiedler’s Contingency Model of Leadership – Definition, Advantages and Limitations
Fred E. Fiedler devised Fiedler’s contingency model or theory of leadership in 1958. It was based on his studies of different group behaviors and the…
What Are Social Barriers? and How to Overcome Them
The social barrier is a term that is used to point at the inequalities that exist between different individuals in a society. The discrepancies are…
7 Powerful Types of Feedback Models
Feedback is referred to as a process where a person in an authority position delivers corrective and evaluative information that is often used as a…