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The Business Professor
Process-value Analysis
The process value analysis is an efficiency measure that maps processes to the value added to the organization. Processes with lesser value or higher costs are reduced, eliminated, or transformed.
The Business Professor
Prioritize Issues in a Negotiation
This Video Explains How to Prioritize Issues in a Negotiation
The Business Professor
System Archetypes - Management
What are System Archetypes in Management? System archetypes are common and usually recurring patterns of behavior in organizations. These patterns almost always result in negative consequences. You can use system archetypes to...
The Business Professor
Stacey Matrix
What is the Stacey Matrix? It is designed to help understand the factors that contribute to complexity and choose the best management actions to address different degrees of complexity.
The Business Professor
Self Assessment and Negotiation Strategy
This Video Explains Self Assessment and Negotiation Strategy
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Role of Creativity in Negotiations
This Video Explains the Role of Creativity in Negotiations
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Variations in Assumptions - Sensativity Analysis
A sensitivity analysis is used to test how variations in specific factors affect an outcome. The assumptions employed as part of the situational analysis are generally based on historical information, hypotheical contexts, and constancy
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Unit Standards
Unit Standards are used to demonstrate or represent knowledge, skills, qualifications, or performance
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Team Tasks
What are Team Tasks? Production Tasks - This means creating or delivering something, such as a product, service, plan, etc. Idea Generation Tasks - Creative tasks, such as idea generation or process refinement. Problem-Solving Tasks -...
The Business Professor
Categories of Manager Control
Control or controlling is a core function of manageers. Whare the Categories of Manager Control? Controlling can be defined as that function of management which helps to seek planned results from the subordinates, managers and at all...
The Business Professor
Dark Money
Dark Money refers to political spending meant to influence the decision of a voter, where the donor is not disclosed and the source of the money is unknown.
The Business Professor
Cynefin Framework
What is the Cynefin Framework? The Cynefin framework (Figure 1 below) is a problem-solving tool that helps you put situations into five "domains" defined by cause-and-effect relationships.
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Creativity in Negotiation Tactics
This Video Explains Creativity in Negotiation Tactics
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Cost Volume Profit Analysis - Contribution Margin in Accounting
Contribution margin is a key assumption when conducting a Cost Volume Profit Analysis. This video explains the relevance of this assumption.
The Business Professor
Consequences of Unethical Behavior in a Negotiation
Negotiating unethically can have severe repercussions for both sides. The parties utilising unethical methods risk losing business prospects and harming their reputation. If their conduct is determined to be fraudulent or unlawful, they...
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Cognitive Framing in Negotiations
This Video Explains Cognitive Framing in Negotiations
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Coalitions in a Negotiation
A temporary union between two or more individuals or groups for a common aim or goal. A relatively common practice utilized in multi-party negotiations, used to gain advantage in the negotiation. Coalitions are more common when...
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Ethics in Negotiations
Negotiations should be conducted in a way that is fair to both parties and takes into account the interests and limitations of each side. This means avoiding tactics that are designed to take advantage of the other party or unfairly...
The Business Professor
Errors in Pursuing Integrative Negotiations Tactics
This Video Explains Errors in Pursuing Integrative Negotiations Tactics
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Creativity in Negotiations - Developing Strategies
This Video Explains Creativity in Negotiations - Developing Strategies
The Business Professor
Covey's 7 Habits
What are Covey's 7 Habits? The 7 Habits of Highly Effective People, first published in 1989, is a business and self-help book written by Stephen R. Covey. Covey defines effectiveness as the balance of obtaining desirable results with...
The Business Professor
Integrative, Distributive, Compatible Negotiations
This Video Explains Integrative, Distributive, Compatible Negotiations
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Integrative Thinking
What is Integrative Thinking? Integrative thinking is the process of integrating intuition, reason, and imagination in a human mind to develop a holistic continuum of strategy, tactics, action, review, and evaluation.