Berlo’s Model of Communication
While the Aristotle model of communication puts the speaker in the central position and suggests that the speaker is the one who drives the entire communication, the Berlo’s model of communication takes into account the emotional aspect of the message. Berlo’s model...
Building an Emotionally Agile Workforce
“Leave your emotions at home.” Almost every working individual must have heard of this phrase. And leaders admit repeating it time and again, to eliminate the ‘so-called’ emotional drama at the workplace and foster ‘practical thinking’. This raises many questions. Is it...
The Burning Cost Approach
In the previous article, we have already seen how reinsurance policies are generally priced and what factors are taken into account while pricing them. There are certain specific methods and approaches which have been used by reinsurance companies across the globe for...
Benefits of Risk Management
Risk management is a significant expense for any company. There are several skilled professionals that need to be recruited and maintain in order to ensure that the risks inherent in the business are being mitigated efficiently. The expense can be significant. This...
Blake and Moutons Managerial Grid
The treatment of task orientation and people orientation as two independent dimensions was a major step in leadership studies. Many of the leadership studies conducted in the 1950s at the University of Michigan and the Ohio State University focused on these two...
Advertisements and Public Relations
Advertising and public relations are two different industries altogether. Let us carefully examine the difference between advertisements and public relations: Organizations need to pay for every single advertisement aired on television/radio. Organizations need to buy space/slots in various newspapers, TV Channels, Radio...
An Important Advice to Future Leaders – Your Organization is only as Strong as the Weakest Link
In this interconnected and integrated business landscape, aspiring leaders would be well advise to follow the simple rule that their organization is as strong as the weakest link and hence, they must ensure that all parts of the complex supply chain that...
Ambidextrous Leadership: Exploring New Opportunities While Exploiting Existing Avenues
Ambidexterity Managers in the contemporary world face a contradiction where austerity in the developed world and the cost cutting measures in place mean that they have to increase efficiencies; on the other hand, the rapid pace of change means that they have...
The Advocacy versus the Activist Functions of Nonprofits
The Advocacy versus the Activist Role Non-profits around the world typically are divided into those that undertake grassroots activism and those that advocate ideological positions and those that combine these two aspects to work for the betterment of society. This means that...
Altman’s Z Score Model
Academicians and practitioners from all over the world have been tried very hard to come up with a model which would help them to predict bankruptcy in a firm before it occurred. In the previous article, we have already studied how the...
