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featured management models

value chain analysis: Porter, Michael E.
 

value chain analysis

Porter, Michael E.

  • topic: finance & accounting, marketing & sales, org. design & development and strategic management
  • period: 1985
Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies...
 
hawthorne effect: Mayo, Elton
 

hawthorne effect

Mayo, Elton

  • topic: change management, culture & internationalisation and org. design & development
  • period: 1933
Between 1924 and 1933, research teams from Harvard University conducted field studies on worker productivity at the Western Electric Hawthorne plant near Chicago, one of the most advanced manufacturing facilities that employed 29,000 workers to produce telephones and telecommunications equipment for AT&T. The experiments initially...
 
entry mode selection: Hill, Charles W.L., Hwang, Peter, Kim, W. Chan
 

entry mode selection

Hill, Charles W.L., Hwang, Peter, Kim, W. Chan

  • topic: culture & internationalisation and strategic management
  • period: 1990
Firms that want to internationalise must decide on a fitting mode of entry into a foreign market in order to make the best use of their resources. Once an entry mode has been chosen, multinational organisations limit their tactical flexibility by developing skills and knowledge to support the chosen arrangement.  The entry mode selection...
 
scientific management: Taylor, Frederick Winslow
 

scientific management

Taylor, Frederick Winslow

  • topic: org. design & development and technology & operations
  • period: 1911
At the turn of the 20th century, the American engineer, Frederick Winslow Taylor, proposed scientific methodologies to improve the productivity of shop floors at large plants. He argued that labour problems such as low productivity, high turnover, soldiering, and a conflict-driven relationship between management and staff were caused by improper production...