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Channel: Management Concepts Archives - MBA Knowledge Base
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Concept of Flattening Organization Structures

Organizational structures refer to the way in which an organization is designed, including how tasks are divided, how authority is distributed, and how information flows. Traditional hierarchical...

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What Is Participative Management?

Participative management is a management approach that involves employees in decision-making processes and encourages them to take an active role in the organization. It is also known as employee...

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Managing and Leading Change Effectively in Organizations

Organizations experience change due to factors that may be internal or external. While an organization can control internal factors, external factors are outside the control of an organization....

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Social Entrepreneurship and Commercial Entrepreneurship: Similarities and...

The vocabulary of “entrepreneur” originally came from French economics, which means someone undertakes a significant project or activity. Jean Baptiste Say indicates that entrepreneurs especially be...

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14 Secrets of Successful Team Building

A team is where a group of individuals work together and help to all achieve the same goal or outcome. A team is an organized group of people who work together cooperatively and collaboratively. They...

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14 Tips on How to Build Effective Teams

When building a team, you need to make sure individuals are aware of their job role and responsibilities and if so, who’s taking leadership and who’s accountable for each task. There needs to be clear...

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Leading Versus Managing – A Comparison

In this era of globalization for today’s workplace, people always like to say that “A manager may be a leader; a manager may not be a leader, but a leader may emerge who is not a manager.” So what its...

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Risk Management in Business

Kaplan and Garrick (1981, p. 12) provide a simple equation for risk, which is “risk = uncertainty + damage”. They believe that it is irrelevant as to what context risk exists in, and that the same...

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The Role of Leadership in Shaping Organizational Culture

Leadership is realized in the process whereby one or more individuals succeeds in attempting to frame and define the reality of others. Many around the world who call themselves leaders are in fact...

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Situational Leadership Model

The situational theory of leadership is becoming increasingly popular in the context of modern organizational leadership. Situational leadership revolves around job-related maturity. Job maturity...

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The Competing Values Framework

Competing models of management refer to those models that attempt to explain the competing value framework of organizational management. The organizational management sometimes faces the management...

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Charles Handy’s Model of Organizational Culture

Organizational culture influences the behavior of organisations but as it is intangible it is difficult to define and understand. Organisational culture introduces unspoken rituals and tacit rules and...

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Four Types of Entrepreneurs According to Clarence Danhof

An interesting distinction about types of entrepreneurs is the one proposed by the author Clarence Danhof, which classified entrepreneurs into four groups based on economic development. He based his...

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Creative and Innovative Culture in Modern Organizations

Organizational Culture is an outcome of cultural processes at work in a particular setting and focuses on people and the shared meaning within them. An organization with a strong culture may find it...

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Managing the Innovation Process

Innovation in nowadays is the most important competitive advantage for a company. The future of many businesses depends on their ability to innovate, to be ahead of their competitors. Organisations...

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Importance of Innovation and Change within an Organization

In today’s constantly changing world, innovation and change play an extremely important role within any organization. New technologies like faster software and hardware and improved manufacturing...

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Crisis in Organizations: Stages and Types

Companies face problems all the time, and solve them one way or another. Sometimes one of these problems is difficult-at least at the time it occurs-and it becomes public interest with the help of the...

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The Business Applications and Benefits of Business Intelligence

Business Intelligence or BI is a computer-based system which is used by organizations for decision making purpose. It consist of huge data warehouse or data marts of business data, from which it...

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The Relationship Between Creativity and Innovation

Creativity and Innovation are two different terms and they technically have different meanings. Creativity means originality, imagination and inventiveness that are brought out through resourcefulness....

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Factors that Contribute to Successful Organizations

An organization is said to be effective when it achieves the expected output as by the management. An effective organization earns profit for investors, offers satisfactory service to clients and has a...

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