What's it: Sharing economy refers to an economic model in which people share goods and services facilitated by digital channels and the internet, either for free or by paying a fee. Advanced internet and big data allow you to use your assets
Human Resources
Charismatic Leadership: Meaning, Examples, Characteristics, Pros, Cons
What's it: Charismatic leadership is a leadership style by accentuating charisma to attract and inspire dedication by others. It is an example of a leader-centered style in addition to authoritative and transactional leadership. Leaders believe
Servant Leadership: Meaning, Characteristics
What's it: Servant leadership is a leadership style that puts forward the service of others. Leaders meet others' needs, help them grow, and provide opportunities for them to be rewarded materially and emotionally. In this sense, the leader goes
Gig Economy: Meaning, Key Drivers, Pros and Cons
What's it: Gig economy is a phenomenon in the economy and employment structure where non-permanent jobs are trending and proliferating. Short term contracts, freelance, and part-time jobs are gaining popularity. The internet and technology
Your Guide to Understanding Leadership
Leadership and management are fundamental cornerstones of any thriving business. This in-depth guide will comprehensively explore leadership and management and delve into leadership styles, effective management practices, and their impact on business
Strategic Leaders: Meaning, Importance, Characteristics
Strategic leaders refer to leaders who are responsible for changes in the company's strategy. Leaders refer to not only the CEO but also those who have power and subordinates, such as functional level managers. Although, indeed, this term refers more
Bonus: Types, Advantages, Disadvantages
What's it: A bonus is compensation beyond the regular salary paid by the company to employees or management, usually once a year. In a narrow definition, it refers only to cash payments. However, a broad definition may include share ownership
360-Degree Appraisal: Advantages and Disadvantages
What's it: A 360-degree appraisal is an employee performance appraisal involving the people around them, not just themselves. It might involve coworkers, superiors, and subordinates. Sometimes, it involves colleagues in other divisions with whom