IILM BS
IILM BS
An e-Newsletter from IILM BS

February 09, Vol.1 : Issue 1
IILM BS
IILM BS

Management Glossary

Achievement-oriented Leadership
It involves setting challenging goals for subordinates, seeking improvement in their performance & showing confidence in subordinates’ ability to perform well.

Business process Re-engineering
It is concerned with the total restructuring of an organization that involves a radical redesign of business processes to achieve dramatic improvements in organizational performance.

Kaizen
It is a Japanese concept of a total quality approach which is based on continual evolutionary change with considerable responsibility to employees within certain fixed boundaries.

Extrinsic Motivation
It is related to tangible rewards such as salary, promotion, working conditions and fringe benefits. These tangible rewards are often determined at the organizational level and may be outside the control of individual managers.

Bureaucracy
A form of structure found in many large-scale organizations. Bureaucracy is based on the specialization of tasks, hierarchy of authority and decision-making, systems of rules and regulations and an impersonal orientation from officials.

























Editorial Board
Editor
Pooja Srivastava
Sub Editor
Mamta Aggarwal
Advisor
Ranjana Gupta
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