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12627 Captive Insurance and Reinsurance Companies

There are many new and different types of arrangements that are used in the reinsurance industry. Captive insurance is one such unique arrangement. Captive insurance is actually a part of an elaborate corporate strategy for many companies. It has also spawned different arrangements such as fronting. It is important to understand what captive insurance is […]

9883 Improve Communication Skills of an Individual

An individual might have an extremely pleasing personality, in depth knowledge of the subject, a good and a very strong network but if he doesn’t have effective communication skills, he fails to prove his worth and his charm and talent go simply unnoticed. A person without effective communication skills will never be able to carve […]

12698 Challenges in Global Insurance And International Claims

Multinational organizations have become extremely powerful entities in the 21st century. There are many companies which have business interests that are spread across hundreds of countries. Given the global nature of such companies, it is only rational for some of these companies to want a global insurance provider. These companies want to standardize the insurance […]

12805 Communication Models – Aristotle, Berlos, Shannon & Weaver, Schramms, Helical and Westley and MacLeans Model

Elements of Communication Before we delve further into understanding the different types of communication models, it is important to deconstruct the basic elements which combine together to form any communication. It is important to understand these elements and their impact on their overall communication process. The 8 basic elements of communication are as follows: Source: […]

12227 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

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Just as management knowledge is supported by various theories, the leadership function of management too is authenticated by various theories. While the behavioural theories of leadership focused on discovering the constant relationship between leadership behaviours and the group performance, the contemporary theories emphasized the significance of situational factors (such as stress level, job structure, leader’s intelligence, followers’ traits, etc.) as well.

Some of the important leadership theories are as follows:

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