Organizational Development

Change Agent
A change agent is an individual or entity that facilitates and supports change within an organization, steering it away from traditional methods towards more innovative and effective approaches.
Homogeneous
The term 'homogeneous' refers to something having the same composition or form, often used in the context of organizations that produce or sell products with great similarities. This can lead to reduced organizational development and manufacturing costs.
Human Resources
Human resources refer to the personnel pool available to an organization. They are considered the most crucial resources within any organization, ensuring that the right number and kind of people are available at the right time and place to meet organizational needs.
Long-Range Planning
Long-range planning involves strategizing for periods exceeding five years, taking into account the future impacts of present, short-range, and intermediate-range events. It is a crucial aspect of strategic management and organizational development.
Management Action Planning (MAP)
The Management Action Planning (MAP) technique is a management simulation tool used for management development training. It allows group members to define their task groups by choosing those people most appropriate for working in them.
Organizational Behavior
Organizational Behavior is an academic field of study concerned with human behavior in organizations. It encompasses topics such as motivation, group dynamics, leadership, organization structure, decision making, careers, conflict resolution, and organizational development.
Recruitment
The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees for an organization. Recruitment is essential for sustaining an organization's workforce and ensuring its growth and development.
Sensitivity Training
Sensitivity training is a method of laboratory training where an unstructured group of individuals exchange thoughts and feelings on a face-to-face basis. Sensitivity training helps give insight into how and why others feel the way they do on issues of mutual concern.
Situational Management
Situational Management is a management method whereby the current state of the organization determines which operational procedures will be implemented to achieve desired outcomes. It emphasizes a very adaptive management style.
Strategic Planning
Strategic Planning involves the management act of determining a firm's future environment and response to organizational challenges. It is crucial in making decisions that determine the direction of a firm.
Team Building
Team building is a technique for improving a work group's performance by clarifying its goals and members' expectations of each other. This organizational development strategy reinforces the cohesion and communication within a team.
Theory Y
Theory Y posits that, under the right conditions, the average employee finds work to be a source of satisfaction, will exercise self-direction towards goals they are committed to, seeks responsibility, and is inherently creative. This theory contrasts with Theory X's more negative view of employee motivation and behavior.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.