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...
What is Agile Methodology and Its Game Changing Promise for the Digital Age
Introduction to the Agile Methodology These days, there’s much buzz around what is known as Agile Method of Working or the Agile Methodology as applied to all types of organizational processes and modes of working. While initially, Agile was introduced for the...
Anderson & Anderson’s Change Model
Anderson Anderson’s model of change provides a comprehensive coverage of the entire process of change and equally explains the whole process of change as a cyclical process (Anderson and Anderson, 2001, p. 13). This model briefly views change from three perspectives: Content:...
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...
Active Credit Portfolio Risk Management
The business of banking has witnessed a lot of changes in the past few years. It would be safe to say that the entire business model has been transformed because of intense competition as well as constantly increasing regulatory pressures. The fast...
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...
Action Research for Successful Organizational Change
Action Research is a useful method for facilitating organizational change by collaborating and involving the client in the entire process of diagnostic, problem identification, experiential learning, and problem-solving process. The entire process of action research is action oriented with the objective of...
Anticipating and Mitigating Organizational Risks in the Digital Age
Anticipating and Mitigating Organizational Risks in the Digital Age Every era brings with its own share of risks for organizations and other entities. While the Industrial Era was marked by risks in the form of Employee Unions, Labor Strikes, and the ever...
Adjusting to Changing Organization Culture
The work culture represents the ideologies, principles, policies and beliefs of the organization. The individual’s style of working, his behaviour and ways of interaction also contribute to the culture of the organization. There are several reasons which lead to a change in...
Accounting for Reinsurance Contracts
Reinsurance contracts tend to be very complicated. As we have already studied in the previous articles, a wide variety of complicated structures with various cash flow probabilities are associated with reinsurance contracts. Hence, it needs to be understood that the complicated nature...
