๐ Commonly used MBA Jargons, Everyone should be aware of ๐
1. Behavioural Competency: Skills and behaviors needed for effective job performance.
2. Employee Turnover: Rate at which employees leave and are replaced within a company.
3. Total Rewards: All benefits and compensation received by an employee.
4. Unconscious Bias: Implicit attitudes that influence decisions unknowingly.
5. Hierarchy of Needs: Maslow's theory that human needs are prioritized in a hierarchy.
6. KPIโs (Key Performance Indicators): Measurable metrics used to evaluate performance.
7. Performance Appraisal: Assessment of employee performance against set criteria.
8. Talent Management: Strategic approach to attracting, developing, and retaining skilled employees.
9. Social Learning: Learning through observation and interaction with others.
10. Theory X & Theory Y: Management theories about employee motivation and behavior.
11. Johari Window: Model for understanding self-awareness and interpersonal relationships.
12. Work-life Balance: Equilibrium between personal life and work responsibilities.
13. Job Analysis: Process of defining duties, responsibilities, and requirements of a job.
14. 360-degree Feedback: Feedback obtained from various sources about an individual's performance.
15. Management By Objective (MBO): Approach where objectives are collaboratively set and progress is measured.
16. Classical Conditioning: Learning process where a response is associated with a neutral stimulus.
17. Gamification: Using game elements to engage and motivate individuals.
18. Retrenchment: Reduction of workforce due to restructuring or financial reasons.
19. Labour Strike: Organized cessation of work by employees to address workplace issues.
20. TQM (Total Quality Management): Approach focused on continuous improvement and customer satisfaction.
21. DE&I (Diversity, Equity, and Inclusion): Initiatives to promote diversity and inclusion in the workplace.
22. Situational Leadership: Leadership approach that adapts based on the situation and team readiness.
23. Job Rotation: Practice of moving employees across different roles or departments.
24. Layoff: Temporary or permanent termination of employment due to organizational reasons.
25. Moonlighting: Holding a second job in addition to a primary job.
26. Pay Grade: Salary range assigned to a job based on its value to the organization.
27. Change Management: Managing the transition process within organizations.
28. Contract: Legal agreement outlining terms and conditions of employment or business.
29. Attrition: Natural reduction in workforce due to resignations, retirements, or other reasons.
30. Employee Engagement: Emotional commitment employees have towards organizational goals.
31. Employee Retention: Strategies to retain talented employees within an organization.
32. Maslow's Theory: Psychological theory on human motivation and needs.
33. SWOT Analysis: Evaluation of Strengths, Weaknesses, Opportunities, and Threats of a business or project.
34. ROI (Return on Investment): Measure of profitability relative to investment.
35. Cost-Benefit Analysis: Evaluation of costs and benefits associated with a decision or project.
36. Strategic Planning: Process of defining objectives and strategies for achieving goals.
37. Competitive Advantage: Unique qualities that differentiate a business from its competitors.
38. Supply Chain Management: Coordination of processes involved in delivering goods or services.
39. Break-even Analysis: Calculation of point where revenue equals total costs.
40. Corporate Social Responsibility (CSR): Business practices that benefit society and the environment.
41. Blue Ocean Strategy: Strategy focusing on creating uncontested market space.
42. Core Competencies: Unique capabilities that give a company competitive advantage.
1. Behavioural Competency: Skills and behaviors needed for effective job performance.
2. Employee Turnover: Rate at which employees leave and are replaced within a company.
3. Total Rewards: All benefits and compensation received by an employee.
4. Unconscious Bias: Implicit attitudes that influence decisions unknowingly.
5. Hierarchy of Needs: Maslow's theory that human needs are prioritized in a hierarchy.
6. KPIโs (Key Performance Indicators): Measurable metrics used to evaluate performance.
7. Performance Appraisal: Assessment of employee performance against set criteria.
8. Talent Management: Strategic approach to attracting, developing, and retaining skilled employees.
9. Social Learning: Learning through observation and interaction with others.
10. Theory X & Theory Y: Management theories about employee motivation and behavior.
11. Johari Window: Model for understanding self-awareness and interpersonal relationships.
12. Work-life Balance: Equilibrium between personal life and work responsibilities.
13. Job Analysis: Process of defining duties, responsibilities, and requirements of a job.
14. 360-degree Feedback: Feedback obtained from various sources about an individual's performance.
15. Management By Objective (MBO): Approach where objectives are collaboratively set and progress is measured.
16. Classical Conditioning: Learning process where a response is associated with a neutral stimulus.
17. Gamification: Using game elements to engage and motivate individuals.
18. Retrenchment: Reduction of workforce due to restructuring or financial reasons.
19. Labour Strike: Organized cessation of work by employees to address workplace issues.
20. TQM (Total Quality Management): Approach focused on continuous improvement and customer satisfaction.
21. DE&I (Diversity, Equity, and Inclusion): Initiatives to promote diversity and inclusion in the workplace.
22. Situational Leadership: Leadership approach that adapts based on the situation and team readiness.
23. Job Rotation: Practice of moving employees across different roles or departments.
24. Layoff: Temporary or permanent termination of employment due to organizational reasons.
25. Moonlighting: Holding a second job in addition to a primary job.
26. Pay Grade: Salary range assigned to a job based on its value to the organization.
27. Change Management: Managing the transition process within organizations.
28. Contract: Legal agreement outlining terms and conditions of employment or business.
29. Attrition: Natural reduction in workforce due to resignations, retirements, or other reasons.
30. Employee Engagement: Emotional commitment employees have towards organizational goals.
31. Employee Retention: Strategies to retain talented employees within an organization.
32. Maslow's Theory: Psychological theory on human motivation and needs.
33. SWOT Analysis: Evaluation of Strengths, Weaknesses, Opportunities, and Threats of a business or project.
34. ROI (Return on Investment): Measure of profitability relative to investment.
35. Cost-Benefit Analysis: Evaluation of costs and benefits associated with a decision or project.
36. Strategic Planning: Process of defining objectives and strategies for achieving goals.
37. Competitive Advantage: Unique qualities that differentiate a business from its competitors.
38. Supply Chain Management: Coordination of processes involved in delivering goods or services.
39. Break-even Analysis: Calculation of point where revenue equals total costs.
40. Corporate Social Responsibility (CSR): Business practices that benefit society and the environment.
41. Blue Ocean Strategy: Strategy focusing on creating uncontested market space.
42. Core Competencies: Unique capabilities that give a company competitive advantage.
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43. Stakeholder Analysis: Evaluation of individuals or groups affected by a project.
44. Leadership Styles: Different approaches to leading and managing teams.
45. Market Segmentation: Dividing a market into distinct groups based on characteristics.
46. Financial Modeling: Forecasting future financial performance using mathematical models.
47. Lean Six Sigma: Methodology combining lean manufacturing and Six Sigma principles for process improvement.
48. Organizational Culture: Values, beliefs, and behaviors that define an organization.
49. Risk Management: Identification, assessment, and mitigation of risks.
50. Entrepreneurship: Process of starting and running a new business venture.
44. Leadership Styles: Different approaches to leading and managing teams.
45. Market Segmentation: Dividing a market into distinct groups based on characteristics.
46. Financial Modeling: Forecasting future financial performance using mathematical models.
47. Lean Six Sigma: Methodology combining lean manufacturing and Six Sigma principles for process improvement.
48. Organizational Culture: Values, beliefs, and behaviors that define an organization.
49. Risk Management: Identification, assessment, and mitigation of risks.
50. Entrepreneurship: Process of starting and running a new business venture.
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Live interacting classes on HRM, Marketing, Finance, Operations, Consulting ๐ with industry experts mentors.
And guess what? This is only one part of the the course. The other parts have
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