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  2. Challenge point framework - Wikipedia

    en.wikipedia.org/wiki/Challenge_Point_Framework

    However, the learning potential from this task difficulty level will differ based on the: skill level of the performer; task complexity; task environment; Importantly, though increases in task difficulty may increase learning potential, increased task difficulty is also expected to decrease performance.

  3. Managerialism - Wikipedia

    en.wikipedia.org/wiki/Managerialism

    Managerialism is the idea that professional managers should run organizations in line with organizational routines which produce controllable and measurable results. [1] [2] It applies the procedures of running a for-profit business to any organization, with an emphasis on control, [3] accountability, [4] measurement, strategic planning and the micromanagement of staff.

  4. Problem solving - Wikipedia

    en.wikipedia.org/wiki/Problem_solving

    Problem solving is the process of achieving a goal by overcoming obstacles, a frequent part of most activities. Problems in need of solutions range from simple personal tasks (e.g. how to turn on an appliance) to complex issues in business and technical fields.

  5. Tuckman's stages of group development - Wikipedia

    en.wikipedia.org/wiki/Tuckman's_stages_of_group...

    In 1977, Tuckman, jointly with Mary Ann Jensen, added a fifth stage to the four stages: adjourning, [6] that involves completing the task and breaking up the team (in some texts referred to as "mourning"). After being invited by Group and Organizational Studies to publish an update of the model, they revisited the original model and reviewed ...

  6. Organizational theory - Wikipedia

    en.wikipedia.org/wiki/Organizational_theory

    The Hersey–Blanchard situational theory: This theory is an extension of Blake and Mouton's Managerial Grid and Reddin's 3-D Management style theory. This model expanded the notion of relationship and task dimensions to leadership, and readiness dimension. 3. Contingency theory of decision-making

  7. Managerial economics - Wikipedia

    en.wikipedia.org/wiki/Managerial_economics

    It is the application of economic theory and methodology in business management practice. Focus on business efficiency. Defined as "combining economic theory with business practice to facilitate management's decision-making and forward-looking planning." Includes the use of an economic mindset to analyze business situations.

  8. Peter principle - Wikipedia

    en.wikipedia.org/wiki/Peter_principle

    The cover of The Peter Principle (1970 Pan Books edition). The Peter principle is a concept in management developed by Laurence J. Peter which observes that people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not ...

  9. Markov decision process - Wikipedia

    en.wikipedia.org/wiki/Markov_decision_process

    There are two main streams — one focuses on maximization problems from contexts like economics, using the terms action, reward, value, and calling the discount factor β or γ, while the other focuses on minimization problems from engineering and navigation [citation needed], using the terms control, cost, cost-to-go, and calling the discount ...