Management Theories Essay by The Research Group
Management Theories
An examination of the contingency school, T group syndrome, matrix, consulting, portfolio, X and Y, transactional, Robert Merton and more.
# 15544
| 2,700 words
| 1 source
| 2000
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Published
on Feb 17, 2003
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Business
(Management)
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From the Paper:
Management Theories: A SurveyThe Contingency School
The contingency approach to leadership and management often is referred to as so-called, because it “is … a truism that any theory of corporate or business strategy must be, by definition, contingency-based” (Ginsberg & Venkatraman, 1985, 421). In essence, the contingency approach to management means nothing more nor less than that “the appropriateness of different strategies depends on the competitive settings of businesses” (Hambrick & Lei, 1985, p. 765).
The contingency approach to management is a means of developing organizational strategy. Strategic forecasting is the cornerstone in a contingency approach. Forecasting of conditions must be made, with respect to environmental conditions..."
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