Management Styles

Paper Summary:

This paper explains that an antiquated management style, once typical of the the old "Rust Belt Industries", is the "Top-Down Autocratic Style", in which there is a rigid, established hierarchy, ruling with an iron fist and giving little concern to middle-management who carried out the orders of the Baron types owners. The author points out that a manager must posses the skills of leadership along with the intelligence, fortitude and willingness to apply this leadership to accomplish a task no matter how the task is defined. The paper relates, after reviewing many contemporary management styles, such as "Management by Objectives" and "Management by Walking Around", that, because today businesses are rapidly expanding globalization and are subject to constant technological changes, management styles must be flexible.

From the Paper:

"The old Soviet Union under Communist Rule is another classic example of the failure of the autocratic top down approach to management style. In this case, all incentives were removed from middle management and in there place was a quota system thereby producing their iron-fisted control of workers which in turn produced a total collapse of their economic system in spite of appearing to compete favorable with other nations of the world. This also produced many unsavory characters willing to take about any chances to cheat the system and this not to mention the damage this management style did to the population as a whole from a sociological point of view."

More papers on Management Styles:

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• Term Paper # 147466 : "Management Styles and the New Modern Business Paradigm"

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