Leadership Principles and Effective Management Strategies
Leadership and Management Essentials
Core Leadership Concepts
- Describe
- Diagnose
- Prescribe: What change
- Act
Leadership Theories and Styles
- Trait Theory vs. Behavioral Theory
- Agile Leadership
- Authentic Leadership
- Transformational Leadership
- Servant Leadership
- Charismatic Leadership
Emotional Intelligence (EI) in Leadership
- Self-awareness and Social Awareness
- Self-management and Relationship Management
Addressing EI Deficiencies
When emotional intelligence is lacking, focus on:
- Looking outward and listening more for
Employment Contracts, Dismissals, and Employee Representation
Types of Employment Contracts
- Permanent Contract: An indefinite-term employment agreement.
- Fixed-Term Contract: An agreement for a specific duration or project.
- Indefinite-Term Discontinuous Contract: For work that is permanent but performed intermittently (e.g., seasonal work, or specific to construction).
- Temporary Training Contracts:
- Internship Contract: For practical experience related to studies.
- Apprenticeship Contract: Combines work and training for qualified professionals.
- Contract for Production
Entrepreneurship & Social Impact: Key Insights
Adrià Aymerich – Loading Corp
Entrepreneurship vs. Business Ownership: Adrià Aymerich uses a metaphor to explain the difference: entrepreneurs are like motocross riders (speed, growth, external investment), while business owners are like trail runners (consistent, strategic, long-term, using their own money).
Loading Corp Strategy: Companies grow through internal revenues and self-sustaining operations (bootstrap). This is a long-distance race requiring persistence over immediate speed. The strategic
Read MoreInsights from Economic Experiments
Plott et al (2006): Testing Rational Choice
This study explores how experimental markets can test rational individual choice. Theories of markets where rational individual choice is a necessary component either challenge its predictions or cannot be applied.
Design & Implementation
- Based on Induced Value Theory.
- Suppliers and buyers had marginal cost and demand functions.
- Middlemen bought from suppliers and sold to buyers, repeated each period.
- Inventories could not be carried forward to the next
Optimizing HR: Performance Evaluation, Compensation, Conflict
Employee Assessment
Employee assessment is the process of evaluating an individual’s quality, quantity of work, and the efficiency with which they carry out activities, roles, and responsibilities within their position. This evaluation process can be challenging for two main reasons:
- It involves subjective judgment and is not free of bias.
- Friction may arise between the appraiser and appraisee.
Despite these challenges, the assessment process offers significant positive aspects:
- Provides crucial information
America’s Economic Transformation: From Post-War Boom to Depression
The Roaring Twenties: America’s Economic Boom and Bust
1. Consequences of World War I for the U.S.
The United States was exceptionally well-positioned after the First World War. During the conflict, the sale of food, weapons, and industrial products to the Allies allowed the country to accumulate half of the world’s gold reserves, and the dollar became a strong bargaining chip. Moreover, human losses were significantly lower compared to other belligerent nations.
By the end of the war, the United States
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