Workplace Motivation – Carrot or Stick approach doesnt work anymore

With an aim to leverage on the global talent, virtual teams are becoming the norm for team work in most of organizations. But there are certain myths that cloud the mindset of the managers/leaders of these virtual teams which does not allow them to utilize their full potential. For the success of virtual team, it […]

It is often the case that companies are faced with a dilemma about whether the change initiatives must be driven from the top or they should be organic from the bottom up. This is especially the case with organizations that are growing in size where the increase employee base or the skyrocketing sales and revenues […]

The core of the equity theory is the principle of balance or equity. As per this motivation theory, an individual’s motivation level is correlated to his perception of equity, fairness and justice practiced by the management. Higher is individual’s perception of fairness, greater is the motivation level and vice versa. While evaluating fairness, employee compares […]

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 expected default frequency model was used and what its advantages and limitations were. […]

What is Strategic Change? In response to the fast changing and fluid marketplace and industry landscapes, many management thinkers came with theories of strategic change. The first among them was the legendary Peter Drucker who coined the term Age of Discontinuity to describe the way in which disruptive change affects us. In Drucker’s model, the […]