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Dictionary of management

Dictionary of management
03:18
Soft law, which can be translated as "flexible law," "non-binding law," or even "small sources of law," refers to all legal rules that are not officially binding but aim to recommend, encourage, guide, define, or serve as models. However, soft law is better understood in contrast to its supposed opposite: hard law. The latter consists of "traditional" legal rules, issued by a normative authority (with legislative or regulatory power), and is binding in nature — a characteristic that is reflected in the existence of sanctions.
DOURNAUX Marianne - IAE Paris-Sorbonne Business School |
01:48
The "Say on Climate" resolution is an optional and consultative resolution proposed at the annual general meeting of shareholders, either by the shareholders or by the company, on the climate transition policy implemented by the company. It allows investors and companies to address the issue, but presents risks of "greenwashing."
CABY Jérôme - IAE Paris-Sorbonne Business School |
05:32
A company's solvency is its ability to meet its commitments and obligations, i.e., pay its employees, suppliers, taxes, repay its loans and debt service, and more generally, repay all its debts. There are two types of solvency: short-term solvency, referred to as liquidity, i.e., its ability to meet its day-to-day commitments, and long-term solvency, i.e., its ability to meet its commitments structurally. Financial analysis offers numerous tools for diagnosing this problem, implementing remediation decisions, and avoiding bankruptcy.
CABY Jérôme - IAE Paris-Sorbonne Business School |
02:46
The profitability of the company is both a concept, the ability of the company to generate surpluses that come from material and financial resources that have been invested in the company and a measurement that takes the form of ratios that allow it to be qualified. It is essential to the sustainability of the company by ensuring the maintenance of production capital, the repayment of loans and sufficient remuneration of the capital invested by shareholders.
CABY Jérôme - IAE Paris-Sorbonne Business School |
02:21
The main purpose of business valuation is to estimate the value of a company for its shareholders. It is used in many circumstances: mergers and acquisitions, initial public offerings, and stock market investments. It is based on two main families of methods: multiples and discounted cash flows. The estimates provided by analysts are decision-making tools for buyers and sellers of stocks and companies.
CABY Jérôme - IAE Paris-Sorbonne Business School |
02:11
Gamification involves applying the principles and mechanisms of gaming to serious contexts. Through gaming, it helps people engage in desired behaviors, but whose adoption is hampered by deeply ingrained habits. Liu, Santhanam, and Webster (2017) explain how a so-called "gamified" system can lead individuals to sustainably adopt a new behavior. This system is based on gamified objectives, objects, and interactions that maintain motivation to adopt new behaviors, despite the repeated efforts required to do so. Gamification combines social emulation, learning, and emotions to move from intention to action when it comes to adopting new behaviors.
CRISTOFINI Olivier - IAE Paris-Sorbonne Business School |
03:09
The concept of gender is increasingly used in management today. It has also given rise to criticism and debate, sometimes stemming from confusion or a lack of understanding of the concept. This makes it all the more important to be familiar with the definition of gender and its relevance to management science. Initially, the concept of gender was proposed as a complement to the concept of sex. The concept of sex then refers to the biological differences between women and men, while the concept of gender refers to social differences.
CORON Clotilde - IAE Paris-Sorbonne Business School |
02:24
The concept of professional equality conventionally refers to professional equality between women and men. It is a dimension of human resources management that encompasses all actions and observations relating to inequalities or the pursuit of equality between women and men within work organizations. It is therefore a concept that cuts across many dimensions of human resources management.
CORON Clotilde - IAE Paris-Sorbonne Business School |
03:32
HR analytics can be defined as: an HR practice, enabled by information technology, that uses descriptive, visual and statistical analyses of data related to HR processes, human capital, organizational performance and external economic benchmarks, to establish the impact on the business and enable data-driven decision-making.
CORON Clotilde - IAE Paris-Sorbonne Business School |
02:13
Intercultural competencies are among the soft skills sought after by companies. According to Ang and Van Dyne, intercultural competencies enable you to “function effectively in culturally diverse situations.” In other words, they allow you to adapt and adjust your behavior based on your understanding of these situations. The term is plural because intercultural competencies include four dimensions: metacognitive, cognitive, motivational, and behavioral. Being able to understand the cultural background from which the other person communicates, as well as the values and behavioral norms influencing their practices, is essential for working in broad multicultural contexts.
FAUST Catou - emlyon business school |
02:39
The career script serves as a kind of guide that individuals draw upon to make sense of their professional situation and to build their career paths. This guide consists of three components: interpretive frameworks that give shared meaning to individual career actions, resources that both enable and constrain those actions, and norms that legitimize or sanction them. The career script is a conceptual framework for understanding the dual nature of careers. Career scripts are shaped by social structure and transformed by the individuals who engage with them, through a process of mutual and simultaneous influence.
GARBE Emmanuelle - IAE Paris-Sorbonne Business School |
02:36
A career is the succession of positions held over the course of a professional life. It results from individual choices driven by the need for both professional and personal development. A career also reflects organizational management practices and, through the internal and external mobility it enables, serves as a key lever in job and skills management. Finally, a career expresses social and normative rules that shape perceptions, guide behavior, and frame management practices. In this sense, a career is a multi-level concept—this is what makes it both rich and complex.
GARBE Emmanuelle - IAE Paris-Sorbonne Business School |