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Channel: Modern Management Practices Archives - MBA Knowledge Base
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Concept of Organizational Effectiveness

Organizational effectiveness is defined as an extent to which an organization achieves its predetermined objectives with the given amount of resources and means without placing undue strain on its...

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Organizational Effectiveness Through Adaptive-Coping Cycle

The organization must develop a system through which it can adapt or cope with the environmental requirements; Edgar H Schein has suggested that an organization can do this through the adaptive coping...

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Unplanned Organizational Change

Not all the forces for organization change are the results of strategic planning. Indeed organizations often are responsive to unplanned organizational changes – especially those derived from the...

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Four Components of Emotional Intelligence

Emotional Intelligence was first described by Daniel Goleman, PhD, in the Harvard Business Review. Dr. Goleman has described many important scientific discoveries about emotions and human behavior in...

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Domains of Emotional Intelligence

Several studies have demonstrated that individuals with purely high IQs possess a great range of intellectual interests and abilities, they have difficulty dealing with their own emotions and with the...

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An Introduction to Blue Ocean Strategy

Blue Ocean Strategy Blue ocean strategy was coined by professors W. Chan Kim and Renée Mauborgne in their book “Blue Ocean Strategy: How to Create Uncontested Market Space and the Make Competition...

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Judo Strategy in Business

Judo Strategy, a term coined by David Yoffie of Harvard Business School in his book ” Judo Strategy: Turning Your Competitors’ Strength to Your Advantage”. “In the martial art of judo, a combatant uses...

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Theory of Flow by Mihaly Csikszentmihalyi

“The best moments usually occur when a person’s body or mind is stretched to its limits in a voluntary effort to accomplish something difficult and worthwhile. Optimal experience is thus something we...

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Six Sigma – A Business Process Improvement Methodology

Six Sigma is a methodology that provides businesses with the tools to improve the capability of their business processes. This increase in performance and decrease in process variation leads to defect...

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Goldratt’s Theory of Constraints – Constraint Management

An Israeli physicist, Eliyahu Goldratt wrote a book titled ‘The Goal’, about a factory manager’s quest to save his factory from being closed down for lack of profitability. It chronicles the process...

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5 Why Analysis – A Root Cause Analysis Tool

5 Why Analysis is a simple approach for exploring root causes and instilling a “Fix the root cause, not the symptom,” culture at all levels of a company. The 5 Why Analysis was originally developed by...

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Synergy Map

The Synergy Map method was developed in 1998 by Martin Eppler. It can be used to find synergies between various activities or goals. The synergy map facilitates the visual discussion of the main goals...

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Argument Mapping – A Tool For Improving Your Critical Thinking

Argument mapping is a way to visually show the logical structure of arguments, where “arguments constitute a body of evidence in relation to some proposition (an idea that is true or false)”. It does...

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Mind Mapping – A Tool For Visually Organize Your Thoughts

Mind mapping is a very old technique which has been used for centuries for brainstorming, visual thinking and problem solving in all subject areas. Some of the earliest examples date back to the 3rd...

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Concept Mapping – A Tool For Organizing And Representing Knowledge

About Concept Mapping “If I had to reduce all of educational psychology to just one principle I would say this: The most important single factor influencing learning is what the learner already knows....

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Cognitive Mapping – A Mental Representation Technique

In 1947, Edward C. Tolman at the University of California at Berkeley, was doing experiments demonstrating that complex internal cognitive activity occurred even in rats and that these mental processes...

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Business Process Reengineering (BPR)

History of Business Process Reengineering (BPR) Concept In 1990, Michael Hammer, a former professor of computer science at the Massachusetts Institute of Technology (MIT), published an article in the...

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Keiretsu – The Japanese Business Network System

The cooperation may be witnessed in highly competitive business environment. Tata and Fiat have arrangements in relations to cars. Such cooperation is not necessarily restricted to the organizations...

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Fundamentals of Internal Auditing

What is Internal Auditing? Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization...

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Cost Control Techniques in Business

During the 1990’s cost control initiatives received paramount attention from corporate America. Often taking the form of corporate restructuring, divestment of peripheral activities, mass layoffs, or...

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