Sound decision-making depends largely on the quality of information utilized for the purpose. One needs to be well informed about both the external and internal environments while working into corporate. Read more »
Succession Planning in Family Businesses
Succession planning can be defined as “An ongoing process of identifying future leaders in an organization and developing them so that they are ready to take up leadership roles.”1 Read more »
Impact of transformational leadership in organizations
The impacts created by transformational leaders on an organization are at most of the times positive and beneficial to it (Jung, Chow and Wu, 2003). Read more »
Characteristics of transformational leaders
Transformational leaders are believed to possess extraordinary characteristics when compared with normal people. It is that extraordinary characteristic that makes them a cut above the rest. The following are some of the features that differentiate transformational leaders from other individuals. Read more »
Criticisms of transformational leadership theory
No concept is free from criticisms. Transformational leadership theory is not an exception to it. Though seems effective, there are numerous criticisms about transformational leadership theory (Tracey and Hinkin, 1998). Read more »
Need for Community of practice in organizations
Community of practice is helpful in organizations in making people share their knowledge. In general people in an organization are very competitive, in nature and don’t share anything to anyone (Linehan, Muller, and Cashman, 2005). Read more »
Transformational leaders of the century
Transformational leaders explore hidden talents of individuals and make them perform exceedingly well. On the other hand, they care for their followers as individuals and act genuine to them. The following examples explain how transformational leadership can bring about success in an organization. Read more »
Characteristics of Communities of practice
Communities of practice are the group of people sharing their knowledge about a set of problems, concern or common goals present in an organization (Botkin, 1999). In other words, it is a network formed by individuals who share information, communication and help each other to solve the problems (Wenger et. al, 2002). All groups cannot be considered as communities of practice. Read more »


