Search results for keyword: practitioner
5M1E Analysis
Introduction
5M1E Analysis is a technique developed by Lean Six Sigma to analyze and improve a process. This technique is used to map out the current process and identify opportunities for improvement. It looks at Who, What, Where, When, Why and How, which are the key components of the Five M’s,......
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Sophia
Barnard's theory of organizational balance
Introduction
Management theorists have been debating the use of structure and decentralization of authority for many years. A typical example is from the works of Lyndall Urwick, and the concept of “Organizational Balance” as proposed by him and fellow management theorist, Peter Drucker. By und......
Butler's Types of Relationship Work
Bauer’s Relationship Work Type
The art of relationship work requires a great deal of skill and courage. It is an important part of the field of psychology, particularly in the area of couples, families and groups. Dr. Ernst Bauer is the founder of the social psychology field. He is best known fo......
Liquidation
Bankruptcy Liquidation
Bankruptcy liquidation is a process through which an insolvent company is formally declared bankrupt and its assets are distributed among its creditors. The bankruptcy liquidation process begins when a bankruptcy petition is filed with the court by either the debtor or the ......
Entrepreneur School
Entrepreneurship School of Thought
Entrepreneurship is a field of study and practice that has become increasingly popular in recent years. This can be traced back to the economic boom of the 1990s, when entrepreneurs began to recognize the potential for growth through innovation and risk-taking. ......
logical framework
Logic Frame Method
Logic Frame Method (LFM) is a systematic and structured problem solving approach. It is a tool developed in the early 1970s through the collaborative effort of two well-known development practitioners, Robert Chambers and Jules N. Alsop. Called logical frameworks or logframes, ......
Lean supply chain
Lean Supply Chain
The concept of lean supply chain management refers to a series of strategies and practices aimed at reducing the amount of inventory in a companys supply chain. By reducing inventory, companies can save money on storage, waste, and labor costs. Furthermore, the possibilities of......
Marquette's learning organization system model
Maurice Levys Learning Organization Model
Maurice Levy is a French engineer who developed a learning organization model in the late 20th century. Since then, the Levy Learning Organization Model has been widely used in organizations that prioritize the continual improvement process. His model ste......
HR management
Introduction
Human resource management (HRM) is a practice within organizations designed to maximize employee performance in fulfillment of the employer’s strategic objectives. HRM encompasses a broad range of activities,ranging from recruitment and training to employee-benefits administration, ......
design psychology
Design Psychology
Design psychology is an emerging field of study that focuses on the effects and repercussions of design on the human psyche. It looks at how we perceive design, and also how design affects our emotions, behavior and decision-making process. By considering the underlying effects o......
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