Business Capsules

Project Charter

Develop Project Charter Dr. Abdulrahman ALJAMOUSS Develop project charter the process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.. The key benefit it provi...

Organizational DNA

Organizational DNA Dr. Abdulrahman ALJAMOUS Organizational DNA is defined as the underlying factors that together define an organization’s “personality” and help explain its performance. Corporate DNA or organizational DNA is a metaphor based on the biological term DNA, the molecule that encodes...

Matthew Effect

The Matthew Effect Dr. Abdulrahman ALJAMOUSS The only reason not to reward the best and brightest for their achievements is to avoid punishing the rest for their shortcomings. The Matthew Effect is a term that describes the concept in society of accumulated advantage. It argues that people who st...

Crowdsourcing

Crowdsourcing is a sourcing model in which individuals or organizations obtain services, including ideas, voting, micro-tasks and finances, from a large, relatively open and often rapidly-evolving group of participants. Currently, crowdsourcing typically involves using the internet to attract and d...

Helicopter Money

What is helicopter money? Helicopter money is the term used for a large sum of new money that is printed and distributed among the public, to stimulate the economy during a recession or when interest rates fall to zero. It is also referred to as a helicopter drop, in reference to a helicopter scatt...