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The Business Professor
Whole Brain Model
What is the Whole Brain Model? The Whole Brain® Model is a metaphor for how we think. But it’s also a practical approach to observing and describing our thinking preferences — and the preferences of those around us.
The Business Professor
Value Streaming Map - Explained
What is the Value Streaming Map? Value stream mapping is a technique — developed from Lean manufacturing — that organizations use to create a visual guide of all the components necessary to deliver a product or service, with the goal of...
The Business Professor
Transformative Business Model
Transformative business models are those that incorporate change in industry and society in addition to seeking profit.
The Business Professor
Change Management
What is Change Management? Change management is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change.
The Business Professor
Capability Maturity Model Integration
What is the Capability Maturity Model Integration? Capability Maturity Model Integration is a process level improvement training and appraisal program. Administered by the CMMI Institute, a subsidiary of ISACA, it was developed at...
The Business Professor
Burke Litwin Model
What is the Burke Litwin Model? The Burke-Litwin model of organizational change is a comprehensive framework that helps you analyze and manage the factors that affect organizational performance. It identifies 12 key variables that...
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.
The Business Professor
Execution as Learning Model
What is the Execution as Learning Model? he execution as learning model, proposed by Amy C. Edmondson, argues today's central managerial challenge is to "Inspire and enable knowledge workers to solve, day in and day out, problems that...
The Business Professor
Eclectic Implementation Model
An eclectic paradigm is a theory based on a three-tiered framework that companies follow to determine if a direct foreign investment would be beneficial.
The Business Professor
Determining Ethical Behavior in a Negotiation
Ethics in negotiation can involve expectations of fairness, equity, and honesty but circumstances might lead you to behave unethically.
The Business Professor
How are Startups Founded
How are Startups Founded? Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand. These companies generally start with high costs and limited revenue, which is...
The Business Professor
Hersey Blanchard Situational Leadership Model
What is the Hersey Blanchard Situational Leadership Model? The Situational Leadership Model, is a model created by Paul Hersey and Ken Blanchard, developed while working on Management of Organizational Behavior. The theory was first...
The Business Professor
Fiedler's Contingency Model
What is Fiedler's Contingency Model? The contingency model by business and management psychologist Fred Fiedler is a contingency theory concerned with the effectiveness of a leader in an organization.
The Business Professor
Business Process Map and Process Model
What is the Business Process Map? How does the Business Process Map relate the Process Model? Business Process Mapping can be used to document a current process and to model a new one. Its purpose is to gain a detailed understanding of...
The Business Professor
Bass Diffusion Model
What is the Bass Diffusion Model? The Bass model or Bass diffusion model was developed by Frank Bass. It consists of a simple differential equation that describes the process of how new products get adopted in a population. The model...
The Business Professor
ADKAR Model
What is the ADKAR Model? The ADKAR Model of Change Management is an outcome-oriented change management method that aims to limit resistance to organizational change.
The Business Professor
Action Profit Linkage Model
The Action-Profit Linkage Model helps firms identify, measure and understand the causal links between actions and profits.
The Business Professor
5 Disciplines of Senge
What are the 5 Disciplines of Senge? The Fifth Discipline: The Art and Practice of the Learning Organization is a book by Peter Senge focusing on group problem solving using the systems thinking method in order to convert companies into...
The Business Professor
Attraction Selection Attrition Model
What is the Attraction - Selection - Attrition Model? The theory explains that similar people are selected and attracted by organizations, while dissimilar people are likely to leave these organizations due to attrition
Curated Video
How Does Llama2 Compare to GPT-4 and PaLM?
Meta just released the world's most powerful open-source LLM...Llama2. Let's see how it stacks open to OpenAI's GPT-4 and Google's PaLM models.
Curated Video
Is AI Regulation Coming?
AI leaders met with U.S congress yesterday to discuss the risks that artificial intelligence pose to society and recommended that the government create a regulatory body for oversight. What does regulation mean for the future of GPT-4,...