Curious Observation – First Step in Decision Making Process
February 12, 2025
Leaders are Made and Need to Have Three Key Characteristics The cliche that leaders are made and not born signifies the fact that leadership and exceptional leadership at that can be within reach of anyone provided they do the steps needed for effective leadership right. To start with, leaders need a vision, which they can […]
According to organizational diversity, individuals from diverse backgrounds, religions, communities, age groups, genders come together on a common platform to work towards a common goal – i.e. to achieve the objectives and targets of the organization within the shortest possible time frame. Organizational diversity ensures individuals with varied experiences; knowledge and expertise form a team […]
In the previous articles, we have studied how the value at risk (VaR) models should be used to calculate risks. However, the calculation of risks is not the ultimate end goal. Instead, it is efficient management of this risk that makes the value at risk (VaR) model valuable. Let’s assume that in a particular instance, […]
There is an old saying in management that “whatever gets measured gets managed”. This is truer in the case of risk management. Important data pertaining to risk is often scattered at different places within the organization. This is the reason that there is always a need for an information system that can serve as an […]
The Transformational Leadership of Steve Jobs Anyone and everyone who owns a Smartphone must be thankful to Steve Jobs, the late legendary founder of the tech firm, Apple, who not only ushered in the Smartphone revolution, but was also singlehandedly responsible for changing our perceptions about what a mobile phone can and could do. Indeed, […]
Individuals have a tendency to think and question before performing. This is fruitful in analysis and forecasting of individual’s behaviour.
Individual decision making has certain pros and cons, few of which are mentioned below:
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