CONTINGENCY APPRAOACH

OF
MANAGEMENT
Contingency approach states that there is no one best
way to manage an organisation.
It is also known as situational approach

Why is it important for managers ?

Because what works for an
organization may not work for the
other
Situational characterstics
( contingencies) differ
No one wants a manager who is
dogmatic and inflexible
Steve Jobs
there is no one right way of
leading and that a leader must
adjust their style depending on
the context