Human resources - Learn Business Theories

Kolb’s Experiential Learning Theory Explained

Key Takeaway: Kolb’s Experiential Learning Theory explains how individuals learn through experience. Developed by David A. Kolb in…

Key takeaway: Gibbs’ Reflective Cycle is a structured model of reflection that helps individuals learn from experience through…

Key takeaway: Shared Value Theory argues that companies can boost competitiveness by creating economic value while also benefiting…

Key takeaway: The Triple Bottom Line argues that businesses should measure success across three dimensions: profit, people, and…

Key takeaway: Carroll’s CSR Pyramid outlines four layers of corporate responsibility: economic, legal, ethical, and philanthropic. It suggests…

Key takeaway: Integrative Social Contracts Theory argues that business behaviour is guided by two layers of norms: universal…

Key takeaway: Social Contract Theory argues that societies and governments gain legitimacy through an implicit agreement among individuals…

Key takeaway: Equity Theory explains how employees judge fairness by comparing their contributions and rewards to those of…

Key takeaway: McClelland’s Theory of Needs proposes that people are motivated by three dominant drivers: achievement, affiliation, and…

Key takeaway: Mayo’s Human Relations Theory emphasises that employee motivation and productivity are strongly influenced by social needs,…