Management Theory

Paper Summary:

The paper discusses managing for optimal performance, capitalizing on power taxonomies to enable and sustain change and the critical need for trust. The paper explains that these three elements must be considered as foundational areas of management theories for meeting the challenges of leading an organization in the 21st century.

Outline:
Synopsis
Managing for Optimal Performance
Capitalizing on Organizational Power Topologies for Higher Effectiveness
Sustaining and Solidifying Trust
Summary

From the Paper:

"Given the increasingly turbulent and competitive nature of many industries including property and construction management, the need is greater than ever for understanding management constructs, theories and strategies that can increase the likelihood of strategic change being accomplished. No longer is a hierarchical model of management relevant; the need today is for agile organizations that can quickly react and capitalize on changing conditions. Underscoring the pervasive need for understanding organizational management principles is the ability to keep an organization lean, focused and agile. The management theories as discussed in this course are the essential elements of an organizational foundation that supports agility and responsiveness."

Sample of Sources Used:

• Azize Ergeneli, Guler Sag, Iam Ari, Selin Metin. 2006. Psychological empowerment and its relationship to trust in immediate managers. Journal of Business Research 60, no. 1 (December 1): 41. (Accessed December 4, 2007).
• French, J. R. P., & Raven, B. H. ,1959. The bases of social power. In D. Cartwright (Ed.), Studies in social power (pp. 150-167). Ann Arbor: University of Michigan.
• Brian K Heger 2007. Linking the Employment Value Proposition (EVP) to Employee Engagement and Business Outcomes: Preliminary Findings from a Linkage Research Pilot Study. Organization Development Journal 25, no. 2 (July 1): P121-P132, P233. (Accessed December 4, 2007).
• Geert Hofstede, 2006 - Summary of Ideas about Cultural Differences. From Geert Hofstede's personal website: Accessed on December 4, 2007: http://feweb.uvt.nl/center/hofstede/page3.htm
• Debra A Major, Donald D Davis, Lisa M Germano, Thomas D Fletcher, et al. 2007. Managing human resources in information technology: Best practices of high performing supervisors. Human Resource Management 46, no. 3 (October 1): 411. (Accessed December 4, 2007).

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