Defining a Transaction & Transformational Leader

Transformational and transactional leadership styles are models used by organizations to asses leadership styles. Transformational leadership style is based on social exchange and transactional style is based on economic exchange (Ismail, Mohamad, Mohamed, Rafiuddin, & Zhen, 2010). The style approach is an understanding of how leaders approach and manage their employees and subordinates. Assessing the […]

Management and Leadership: Defining the Relationship

The functions of management are planning, organizing, leading, and controlling (Lopez, 2014). Management is about coping with complexity. Good management brings a degree of order and consistency. Leadership, by contrast, is about coping with change (Kotter, 2001). Leadership is a behavior that predicts the attitude of the leader when facing a given situation. Leaders are […]

Disruptive Technology in Business

Disruptive Technology (DT) is a powerful means of broadening and developing new markets and providing new functionality, which, in turn, may disrupt existing market linkages (Christensen, 1997). DT is when a new technology upsets the way that things have been done. The radio replacing the newspaper, or the television replacing the radio as a source […]

Good Resources for Innovative Technology in Marketing

Foxman, E. R., & Kilcoyne, P. (1993). Information technology, marketing practice, and consumer privacy: Ethical issues. Journal of Public Policy & Marketing. 12(1), 106-119. doi: 10.1007/s10660-007-9000-y This article Foxman and Kilcoyne (1993) discussed the privacy and customer behavior in the electronic market. The author explains that there is a growing concern from consumers about their privacy […]

Managing a Product-Harm Crisis

A crisis management is the method in which a person or business handles an emergency situation. In business, a crisis can be anything from having to recall a defective product or dealing with an economic change that causes a drop in sales and brand trust. Within this article I will attempt to examine a product-harm […]

Innovative Entrepreneurs

The ingredients of an entrepreneur include an appetite for risk and the ability to spot opportunities, and a minimum of red tape and other procedural hurdles (Can startups help turn the tide?, 2012). Hunter (2012) states that the propensity to take financial, family or career risks are often attributed to entrepreneurs. However, while entrepreneurs generally take […]

Business Crisis Management

Definition of crisis management A crisis management is the way that a person or business handles an emergency. In a family, this could be a member having to suddenly go to the hospital because of an accident. In a business, a crisis can be anything from a defective product recall or an economic change that […]

Organization Change in Business

Drivers of organizational change.  When trying to influence organizational change, you have to first understand why you are trying to influence it. Some good reasons are social influence or responding to an action (Marsden and Friedkin, 1993), sustaining a healthy environment (Newman, 2012), improving understanding, or simply trying to remain relevant to the industry or […]