What is Appraisal Bias? Appraisal bias refers to the tendency for appraisers (often in real estate or other valuation contexts) to systematically overvalue or undervalue property based on certain factors that may be irrelevant or unfair. This bias can manifest in several ways: Appraisal bias can significantly hamper organizational productivity in several ways, particularly in…
The Halo Effect and Horn Effect are two common cognitive biases that significantly impact decision-making and perceptions in organizational behavior. Both of these biases affect how people evaluate others in the workplace, particularly in areas like performance appraisals, interviews, and daily interactions. Here’s an overview of each: Impact on Organizational Behavior: Organizations can mitigate these…
Just-In-Time (JIT) production is a manufacturing and inventory management strategy where materials and products are produced or acquired only as needed for immediate use, rather than being stockpiled. This approach aims to reduce waste, minimize inventory costs, and improve efficiency by aligning production schedules closely with demand. Key Features of JIT: Benefits:Just-In-Time (JIT) production is…
Kaizen is a Japanese term that means “continuous improvement” and is often associated with business practices and management philosophies. It indicates everybody’s involvement in the organization to generate value for customers. The concept of Kaizen involves making small, incremental changes regularly to improve processes, products, and overall organizational performance. It is based on the idea…
Pakistan’s corporate world is a dynamic one, and at the helm of many successful companies are CEOs who juggle demanding schedules and cultural nuances. Here’s a glimpse into a typical day for Ms Shabista Bakhtiar CEO of Learning Lab, Pakistan Early Start: The Office Grind: Lunch Break with a Twist: Afternoon Powerhouse: Winding Down:
Dr. J Anand, the Director of Pedagog, a leading edtech platform with head office based in the United Kingdom, is a man of remarkable drive and dedication. His daily routine reflects his commitment to excellence, both in his personal and professional life. Early Riser: Dr. Anand wakes up before dawn, typically around 5:00 am. He…
Dr. Paul Charles is a name synonymous with resilience coaching in South Africa. As the founder of Resilience Coaching International (RCI), he has dedicated over two decades to empowering individuals and organizations to navigate challenges and thrive in the face of adversity. From Politicians to Students: A Global Reach with a Local FocusDr. Charles’ journey…
Welcome to Pedagog, where we’re committed to nurturing the next generation of leaders. In today’s rapidly evolving world, the need for effective leadership has never been more crucial. As organizations navigate complex challenges and embrace new opportunities, they rely on visionary leaders who can inspire, innovate, and drive success. Transitioning from Management to Leadership: Many…
In the ever-evolving landscape of education, the realm of management studies stands at a pivotal juncture. As industries morph, technologies advance, and global challenges shift, the demands on management education undergo constant metamorphosis. To prepare future leaders adeptly, we must dissect current trends and anticipate forthcoming innovations. Let’s embark on a journey to explore the…