Business

Definition: The Participative Leadership Style often called as Democratic or Ideographic style wherein, the leader decentralizes the decision-making process and encourages his teammates to contribute towards the goals and share responsibility in them. In participative leadership style, the leader motivates the team members to get physically and mentally involved in the group … [Read more...] about Participative Leadership

Definition: In the Autocratic Leadership Style, the leader centralizes the decision-making power in himself and give directions to his subordinates as to what they are supposed to do and how they are required to perform the given task. Thus, a leader enjoys the full authority and imposes his will on others. The autocratic leadership style is also known as authoritarian, … [Read more...] about Autocratic Leadership

Definition: The Leadership Styles are the behavioral patterns that a leader adopt to influence the behavior of his followers, i.e. the way he gives directions to his subordinates and motivates them to accomplish the given objectives. The leadership styles can either be classified on the basis of behavioral approach or situational approach. These approaches are comprised of … [Read more...] about Leadership Styles

Definition: The Informal groups are those groups that get created spontaneously as soon as individuals start interacting with each other. The informal groups are formed by the individuals to satisfy their social needs of affiliation, and they emerge on their own and hence not created by the management of the organization. Now the question arises that how the informal groups … [Read more...] about Informal Groups

Definition: The Quality Circle refers to the group of individuals who meet on a regular basis to discuss the work-related problems. Generally, the quality circles are small group gatherings, led by the supervisor or the manager who presents the solutions to the management. The purpose behind the formation of a quality circle is to motivate employees to share the problems … [Read more...] about Quality Circle

Definition: The Task Force is a type of a group, formed temporary, in which people from different disciplinary backgrounds come together to perform a specific task or mission. These are different from the committees in the sense, these are temporary and has broader powers of action and decision, greater responsibilities for investigation, analysis, planning and research. The … [Read more...] about Task Force

Definition: The Committees are the association of organizational people who come together to analyze, investigate and discuss the issues of concern and reach to the final conclusion. The committees are usually formed at different levels in the organization. The power and authority of the committee members are restricted to the extent delegated by the appointer. Also, there … [Read more...] about Committees

Definition: The Formal Groups are formed deliberately and consciously collectively to direct the efforts of group members, especially the employees towards the accomplishment of organizational objectives. The formal groups are formed to fulfill any of the following purposes: To capitalize the expertise of each individual towards the accomplishment of complex tasks. … [Read more...] about Formal Groups

Definition: The Group refers to two or more persons who shares a common interest and come together to achieve common goals and objectives. The groups can be formal and informal; formal groups are created by the organization with the intent to accomplish its objective, while the informal groups get created spontaneously as soon as the individuals interact with each other. Types … [Read more...] about Types of Groups

Definition: The Theory X and Theory Y are the theories of motivation given by Douglas McGregor in 1960’s. These theories are based on the premise that management has to assemble all the factors of production, including human beings, to get the work done. McGregor believed that management can use either of the needs to motivate his employees, as grouped under theory X and … [Read more...] about Theory X and Theory Y