Leadership and planning Definitions

  • O

    organizational goals

    Organizational goals are strategic objectives that a company's management establishes to outline expected outcomes and guide employees' efforts.

  • P

    paternalistic leadership

    Paternalistic leadership is a managerial approach that involves a dominant authority figure who acts as a patriarch or matriarch and treats employees and partners as though they members of a large, extended family. Employees are listened to, but the leader makes the final decision.

  • Porter's Five Forces

    Porter's Five Forces is a framework developed by economist Michael E. Porter to determine the profitability and therefore attractiveness of a market or market segment.

  • power user

    A power user, also called a super user, is someone whose computer skills are better than those of an organization's average end user. 

  • prescriptive analytics

    Prescriptive analytics is a type of business analytics that focuses on finding the best course of action for a given situation, and belongs to a portfolio of analytic capabilities that include descriptive and predictive analytics.

  • programmable economy

    The programmable economy is a term created by research firm Gartner Inc. in 2014 to describe the revolutionary changes happening in the global economy due to technology innovations.

  • project management

    Project management is the discipline of using established principles, procedures and policies to successfully guide a project from conception through completion.

  • project scope

    Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks, costs and deadlines.

  • R

    radical innovation

    Radical innovation refers to an invention that represents something new to the world. Radical innovations typically carry more risk, promise greater reward and are more disruptive than incremental innovations, which in general improve upon something that already exists.

  • rainmaker (business)

    A rainmaker is an individual who generates an unusually high amount of revenue for an organization by bringing new clients and new business to the company.

  • reverse mentoring

    Championed by former GE CEO Jack Welch, reverse mentoring flip-flops the typical mentoring relationship, with a younger employee acting as the mentor.

  • rogue IT

    Rogue IT is the use of unsanctioned information technology resources within an organization. 

  • S

    self-directed work team (SDWT)

    A self-directed work team (SDWT) is a group of people, usually employees in a company, who combine different skills and talents to work without the usual managerial supervision toward a common purpose or goal.

  • servant leadership

    Servant leadership is a leadership philosophy built on the belief that the most effective leaders strive to serve others, rather than accrue power or take control.

  • Silicon Valley

    Silicon Valley is home to some of the world's largest technology corporations and thousands of technology-related startup companies.

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