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Features of contingency approach
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- 2.20.3 Contributions of Contingency Theory to Management
- 2.21 Emerging Trends in Management A. Globalization
| 2.20.2 Features of contingency approach The main features of contingency approach are i) Management is entirely situational. The application and effectiveness of any techniques is contingent on the situation. ii) Management action is contingent on certain action outside the system or subsystem as the case maybe. iii) Management should, therefore, match or fit its approach to the requirements of the particular situation. To be effective management policies and practices must respond to environmental changes. 95 iv) Organizational action should be based on the behaviour of action outside the system so that organization should be integrated with the environment. v) Management should understand that there is no one hard way to manage. They must not consider management principles and techniques universal. In the contingency model, a manager has to take four sequential steps a) Analyze and understand the situation b) Examine the applicability or validity of different principles and techniques to the situation at hand c) Make the right choice by matching the techniques to the situations d) Implement the choice. 2.20.3 Contributions of Contingency Theory to Management (a) A theory cautions management theorists and practitioners against the danger of generalising on matter of method strategy and organisational design. b) There is no one best way to organise or management because the proper structure for an organisation is that which enables it to deal with its environment optimally. c) The contingency approach has a limited practical utility because it is not only complex, it is also very difficult to determine all relevant situational factors that affect management decisions. 2.21 Emerging Trends in Management A. Globalization. Organizational operations no longer stop at geographic borders. Managers in all types and sizes of organizations are faced with the opportunities and challenges of globalization. The recent emergence of a truly global economy is affecting every manager in the world. In today’s environment, success in the long run demands that the manager think globally, even if he can still limit his actions to local market. Download 3.37 Mb. Share with your friends:
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