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Contingency approach management

Presented by

to

P HAREESH
SECTION B-17

INTRODUCTION
This

contingency approach is modern

management theory
This

contingency approach is also known

as situational
The

Contingency Approach stresses that

the correctness of a managerial practice is contingent on how it fits the particular

Contingency Approach to Management

Management is entirely situational. The management has to use the measures/techniques as per the situation from time to time. Management should match its approach as per the requirements of the situation. The policies and practices used should be suitable to environmental changes. The success of management depends on its ability to cope up with its environment

Characteristics

The contingency approach is based on three characteristics they are..

An open system perspective A research orientation A multivariable approach

Merits

Contingency approach is pragmatic and open minded It discounts preconceived notions, and universal validity of principles It provides freedom/choice to manage to judge the external environment and use the most suitable management techniques. Here, importance is given to the judgment of the situation and not the use of specific principles. The contingency approach has a wide-ranging applicability and practical utility in, organization and management. It advocates comparative analysis of organizations to bring suitable adjustment

Limitations

It is argued that the contingency approach lacks a theoretical base. Under contingency approach, a manager is supposed to think through all possible alternatives as he has no dried principles to act upon. This brings the need of more . The responsibility of a manager increases as he has to analyze the situation, examine the validity of different principles and techniques to the situation at hand, make right choice by matching the technique to the situation and finally execute his choice

Conclusion

The basic theme of contingency approach is that organizations have to deal with different situations in different ways. There is no single best way of managing applicable to all situations.

Thank you

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