Evaluation of Contingency Theory 3. Pancakes. Contingency Theory of Leadership. View CONTINGENCY-THEORY-FINAL.pptx from BSBA 101 at Comteq Computer and Business College. ��ࡱ� > �� ���� { | � ������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������) ���� Contingency Approach to Management Published on March 20, 2007 by NIKMAHAJAN in Business and Society Comments (26)|39 Liked It The contingency approach believes that it is impossible to select one way of managing that works best in all situations like promoted by Taylor. Some management styles are based on individual personalities and traits. This approach is an improvement upon both the classical and neo-classical approach to management. For example the process theorists often assumes that strategic planning applies to all situations; the quantitative experts generally feel that linear programming can be used under all conditions; the behavioral theorist usually advocates participative goal setting for all superior-subordinate pairs; and the system advocates tend to emphasize the need for computerized information flows in all situations. This style of leadership deals with finding the best match between a leader and a situation. 2. Chapter 6, Contingency Theory. What a manager does depends upon a given situation and there is an active inter-relationship between the variables in a situation and the managerial action. The basic idea of this approach is that number management technique or theory is appropriate in all situations. Sep 18, 2020 - Contingency Approach to Management - Introduction to Management, Contemporary Management B Com Notes | EduRev is made by best teachers of B Com. ADVERTISEMENTS: 3. Contingency approach states that there is “no one best way” to manage an organisation. The primary characteristics of contingency theory include: Non-universality of management theory – There is no one best way of doing things. Learn how your comment data is processed. One approach to organizational behavior is the contingency approach. The contingency approach is a management theory that suggests the most appropriate style of management is dependent on the context of the situation and that adopting a single, rigid style is inefficient in the long term. Universalistic or ‘best practice’ approach to HRM relates to the viewpoint that there is a set of best HRM practices and their adoption is going to generate positive results regardless of the circumstances associated with organisations. In the traditional approach, managers decided what employees should do and closely monitored their performance to ensure task accomplishment. One of the major approaches in modern management is the development of managerial theories. The contingency approach to management emerged from the real life experience of managers who found that no single approach worked consistently in every situation. Management is externally situational: the conditions of the situation will determine which techniques and control system should be designed to fit the particular situation. 116–121. 4. Managers should understand that there is no best way of managing. The contingency approach is a management theory that suggests the most appropriate style of management is dependent on the context of the situation and that adopting a single, rigid style is inefficient in the long term. It does so by using a case study approach to management was developed around year! 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