Corporate Meetings
February 12, 2025
Leadership and management are the terms that are often considered synonymous. It is essential to understand that leadership is an essential part of effective management. As a crucial component of management, remarkable leadership behaviour stresses upon building an environment in which each and every employee develops and excels. Leadership is defined as the potential to […]
The pricing of reinsurance policies i.e. the calculation of reinsurance premiums is a very complicated topic. The process is quite detailed and involves deep statistical analysis of huge volumes of data. The quality and quantity of this statistical data are very important for the reinsurers to ensure that they have determined the correct premium. Incomplete […]
The study of History is often cited as important to understand the present as well as the future. The study of public administration also cannot be complete without understanding the evolution and progress of civilizations. The Historical approach to public administration focuses on the administrative systems, process and policies practiced in the past and then […]
Employees indulge in politics to win appreciation from the superiors and tarnish the reputation of the fellow workers. Individuals who do not believe in working hard depend on nasty politics at the workplace simply to save their own job. Changing jobs frequently is no solution to politics. One must try to avoid politics for a […]
David McClelland and his associates proposed McClelland’s theory of Needs/Achievement Motivation Theory. This theory states that human behaviour is affected by three needs: Need for Power, Need for Achievement, and Need for Affiliation Need for power is the desire to influence other individual’s behaviour as per your wish. In other words, it is the desire […]
Grapevine is an informal channel of business communication. It is called so because it stretches throughout the organization in all directions irrespective of the authority levels. Man as we know is a social animal. Despite existence of formal channels in an organization, the informal channels tend to develop when he interacts with other people in organization. It exists more at lower levels of organization. Grapevine generally develops due to various reasons. One of them is that when an organization is facing recession, the employees sense uncertainty. Also, at times employees do not have self-confidence due to which they form unions. Sometimes the managers show preferential treatment and favour some employees giving a segregated feeling to other employees. Thus, when employees sense a need to exchange their views, they go for grapevine network as they cannot use the formal channel of communication in that case. Generally during breaks in cafeteria, the subordinates talk about their superior’s attitude and behaviour and exchange views with their peers. They discuss rumours about promotion and transfer of other employees. Thus, grapevine spreads like fire and it is not easy to trace the cause of such communication at times. |
A smart manager should take care of all the disadvantages of the grapevine and try to minimize them. At the same time, he should make best possible use of advantages of grapevine.
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