The Business Professor
Investor Presentation - Business Model
What is a business model in an Investor Presentation? It includes everything from how your company functions to what your business strategy is to generate revenue. While presenting the pitch deck to investors, the business model slide...
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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...
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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...
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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.
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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...
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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.
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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...
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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...
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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...
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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...
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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
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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.
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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...
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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.
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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...
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SAAS Business Model - Explained
What is a SAAS Business Model? SaaS, or software as a service, is a delivery model in which a centrally hosted software is licensed to customers via a subscription plan. Any company that leases its software through a central, cloud-based...
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RASCI or RASIC Model - Explained
What is the RASCI or RASIC Model? RASCI is a matrix (i.e. chart, model or framework) that is used to help identify all the roles and responsibilities of each stakeholder on a project. It clearly defines who is working on a specific...
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Private Equity - Exiting the Business
What does it mean for a Private Equity Firm to Exit a Business? PE firms buy an interest in a business. As an exit strategy, private equity firms use IPOs to partially or completely divest their ownership and provide liquidity to their...
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PRIMO - F Model
What is the PRIMO - F Model? The model is an acronym of: People, Resources, Innovation & Ideas, Marketing, Operations, & Finance. PRIMO-F is a valuable strategic tool that allows a detailed analysis of business performance in three key...
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Pondy's Model of Organizational Conflict
What is Pondy's Model of Organizational Conflict? Pondy's model of organizational conflict was formulated in 1967, defining the conflict process as a dynamic among individuals, and is made up of five stages of conflict: latent stage,...
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Normative Decision Model
What is Vroom and Yetton's Normative Decision Model? The Vroom-Yetton model is designed to help you to identify the best decision-making approach and leadership style to take, based on your current situation.
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Managerial Grid (Management Grid)
Managerial Grid, Management Grid. The managerial grid model is a self-assessment tool by which individuals and organizations can help identify a manager's or leader's style.
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Management Decision Making Models
What are common Management Decision Making Models? The Rational Model, The Intuitive Model,The Recognition Primed Model, Vroom-Yetton Decision-Making Model, and. Bounded rationality model.
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Lewin's 3 Stage Process of Change
What is Lewin's 3 Stages of Change in an organization? Kurt Lewin developed a change model involving three steps: unfreezing, changing and refreezing. The model represents a very simple and practical model for understanding the change...