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Pay dispersion is a concept where employers pay different amount of wages or salaries to their employees for the same skills and the same type of work. Pay dispersion exists because of limited knowledge of employees about the wages of the other employees, and also because of employee experience, changing policies etc. Pay dispersion takes into account several factors for […]
Outdoor Management Development is a process of imparting learning and development for managerial cadre outside the four walls of an organizational setup. The objective of outdoor management development is to build a team, give leadership lessons etc. It includes residential programs conducted for building team cohesion, leadership development etc. Purpose of Outdoor Management Development: 1. Team Building: Many times managers […]
The Pygmalion effect, or Rosenthal effect, is the phenomenon whereby higher expectations lead to an increase in performance. The effect is named after the Greek myth of Pygmalion, a sculptor who fell in love with a statue he had carved. A corollary of the Pygmalion effect is the golem effect, in which low expectations lead to a decrease in performance; […]
Organizational Citizenship Behavior (OCB) is defined as the context or performance in which any job or task takes place. It is basically being a person who is ready to serve the organization in matters that is outside the scope of his/her job domain. It includes being helpful, caring towards other employees in the organization. Example, Helping out a newcomer in […]
Paid time off (PTO) is a number of hours that employees can use to pool sick days, personal leave or vacation while being paid as a working day. Different companies offer different hours as paid leave depending on their policies, compensation plans and retention strategy. There is no government policy that regulates the number of hours companies must offer as […]
Outplacement is a process of facilitating a terminated employee’s search for a new job by providing professional services, counselling, paid for by the former employer. It is done generally done by a downsizing company which pays for the services of a third-party company to assist their laid-off employee to seek new employment. The assistance provided maybe in the form of […]
Henry Mintzberg created five organizational configurations that act a framework to understand and design organizational structures. First of all, he stated that each configuration has 6 components: 1.Operating Core:The people directly involved in the production activities of products and/or services constitute the operating core. 2.The Strategic Apex:This caters to the needs of the people involved in controlling the organization. 3.Techno-structure: This […]
Guerilla recruiting is a style of recruiting that makes use of the tactics and strategies used for centuries in guerilla warfare. It is a highly focused form of recruiting that is fully integrated and driven by the fundamental motives of the organization. It is typically deployed by an organization that is inferior both in numbers and tools against a larger, […]
Organizational Discipline is the practice of self-restraint and learning to follow the best course of action which may not be ones’ desired. In team activities, where several individuals work towards a same goal, discipline is of utmost importance. Organizations thrive on team work, and without discipline teams cannot function properly. It acts as the backbone of the organization structure and maintains […]
The Organizational Behaviour modification theory or the Reinforcement theory deals with changing behaviour through rewards or punishments that are essentially contingent on performance. It is primarily based on the following two principles. 1. A behaviour that leads to a positive consequence (reward) tends to be repeated, while a behaviour that leads to a negative consequence (punishment) tends not to […]
Opportunistic Managers are those managers who have self-serving bias and do some things favorable to their own interest instead of company’s interest. Managers in a company are generally well aware […]
Operating conditioning is a type of learning coined by BF Skinner that is based on the premise that learning occurs through consequences of their actions. A desirable behaviour can be enhanced or repeated through positive reinforcement whereas unwanted behaviour can be eliminated through punishment. BF Skinner tested this theory using a lab rat that was put into a cage. By […]
Open Book Management (OBM) is a philosophy wherein a company shares all its financial and operational information (critical data) with all the employees and expects them to align themselves with company’s goals such that the overall performance of the organization is enhanced. This way, the employee considers himself as a company’s stakeholder rather than just a ‘hired worker’, and hence […]
Observation interview is defined as the process of observing certain employees in a firm while they are performing their respective jobs and tasks given at a certain time, these observations are then utilized to gather data regarding specific jobs and tasks. There is different type of observation interviews: – 1.Direct (Reactive) Observation During direct observation the interviewer knows that somebody is […]
Objectives and Key Results (OKR) is a framework used to define an organization’s objectives and then the key results which can measure those objectives. The main objective of OKR is to make sure that the employees or the team members are aligned and they work towards a clear objective which is defined. Objective can be a company level, a team […]
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