Difference Between Charismatic and Transformational Leadership

Difference Between Charismatic and Transformational Leadership

Key Difference – Charismatic vs Transformational Leadership   Charismatic leadership and Transformational leadership are two important classifications of leadership between which a key difference can be identified. When speaking of leadership as a whole, this has a deep history. Leadership creates an ambiance for both change and also resistance to change. When focusing on the two […]

Difference Between Potential and Performance

Difference Between Potential and Performance

Key Difference – Potential vs Performance   Potential and performance are two words that often go together although there is a key difference between these two words. Potential refers to the capabilities of an individual that can be developed. On the other hand, performance refers to completing various tasks that have been assigned to the individual. […]

Difference Between Brand Equity and Brand Value

Difference Between Brand Equity and Brand Value

Key Difference – Brand Equity vs Brand Value   The difference between brand equity and brand value seems nonexistent at first sight. This is because most of the times, both are referred to the same ideologies. But, on a deeper level both have significant variation between them and have contrasting differences. Before delving into the differences, we […]

Difference Between Expectancy Theory and Equity Theory

Difference Between Expectancy Theory and Equity Theory_Vroom's Expectancy Theory

Key Difference – Expectancy Theory and Equity Theory      The difference between expectancy theory and equity theory needs substantial analysis as both explain how employees’ relationships evolve in a working environment. Motivation is the theoretical concept, which attempts to explain human behavior. Motivation provides reasons for people’s action, desires, and needs. This is a vast […]

Difference Between Criticism and Feedback

Difference Between Criticism and Feedback

Key Difference – Criticism and Feedback     Criticism and feedback are two words that are used in instances of evaluation of work or performance of people between which a key difference can be identified. Criticism refers to a critical assessment. This can often be judgmental and harsh. Feedback, on the other hand, refers to comments given […]

Difference Between Marketing Mix and Product Mix

Difference Between Marketing Mix and Product Mix

Key Difference – Marketing Mix vs Product Mix   The difference between marketing mix and product mix is quite significant. To begin with, an organization essentially requires a product which needs to be sold to make a profit. A product may refer to a tangible element (product) or an intangible element (service). Marketing strategies are […]

Difference Between Proactive and Reactive Risk Management

Difference between Proactive and Reactive Risk Management

Key Difference- Proactive vs Reactive Risk Management   Before reading about the difference between proactive and reactive risk management, let us first look at what risk management is all about. Errors are common in any work environment. Such errors may occur due to human mistakes, unexpected accidents, natural disasters and third party decisions which affect the […]

Difference Between Corporate Strategy and Marketing Strategy

Difference Between Corporate Strategy and Marketing Strategy

Key Difference – Corporate Strategy vs Marketing Strategy   The difference between corporate strategy and marketing strategy has an element of confusion as both overlaps or coincide with each other partially. So, the comparison can be confusing. But, a thorough understanding of each term can clear this confusion. First of all, we should understand the […]

Difference Between Change and Innovation

Difference between change and innovation

Key Difference – Change vs Innovation   The key difference between change and innovation is that change is the difference in a state of affairs related to different points of time whereas innovation is something original and new, being introduced to the world. It can be new ideas, new devices or new processes. Change is […]

Difference Between MBO and MBE

MBO vs MBE

Key Difference – MBO vs MBE   The difference between management by objectives (MBO) and management by exception (MBE) can be found in the management principles and practice. Different management authors have proposed different models of management which suit different leadership styles and motivation ideologies. Management by objectives and management by exception are significant models out of […]