LEADERSHIP GRID
A situational leadership that has determined five leadership styles from two behavioral dimensions: concern for production and concern for people. The model, which was formed by Robert Blake and Jane Mouton in 1950s, is based on Theory Y.
Here are the five leadership styles in the model, both on a scale from one to nine: Impoverished (1,1); Dictatorial (9,1); Status Quo (5,5); Country Club (1, 9); and Sound (9, 9). The model suggests the high degree of concern for both people and production can upheave the productivity of an employee.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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