Professional Documents
Culture Documents
Introduction: Managers are essential for business, whether they are deciding what to
do, allocating resources, or negotiating contracts. Since the Industrial Revolution,
managers have been a crucial component of company success. Since management
first became a typical component of commercial activities, theories of management
have been established and used. New ideas are continually being produced to stay up
with current business developments, even while earlier theories still retain some validity.
All management philosophies are based on similar ideas. Processes, people,
information, and other responsibilities are all expected of managers. A manager might
need to find the finest way to enhance operating procedures or inspire their subordinate
staff. Frameworks for successfully handling certain obligations are provided by
management theories.
Concept and Application: Managers are essential for business, whether they are
deciding what to do, allocating resources, or negotiating contracts. Since the Industrial
Revolution, managers have been a crucial component of company success. Since
management first became a typical component of commercial activities, theories of
management have been established and used. New ideas are continually being
produced to stay up with current business developments, even while earlier theories still
retain some validity.
All management philosophies are based on similar ideas. Processes, people,
information, and other responsibilities are all expected of managers. A manager might
need to find the finest way to enhance operating procedures or inspire their subordinate
staff. Frameworks for successfully handling certain obligations are provided by
management theories.
5. Unity of Direction
Every employee contributes, ultimately achieving a single goal. A business ought to
have a single direction. The common objective should be shared by all. If not, things will
deteriorate rapidly.
7. Remuneration
Adequate compensation to maintain employee motivation. Productivity and employee
motivation are crucial to the success of any firm. However, you must consider their
motivators if you hope to draw in and keep outstanding employees. Making sure your
crew is content with their working environment is just as important as paying them well.
This might be as easy as giving them a comfortable workplace or as difficult as
designing a rewarding career path for them.
8. Centralization
Decision-making concentration and good balance
When everything is managed from a single location, we speak of centralization. The
CEO controlling every facet of the company, for instance, would be regarded as
centralization. No company is entirely decentralized or centralized. The degree of
centralization may differ from business to business.
9. Scalar Chain
A distinct chain of command, hierarchy
The term "scalar chain" denotes the chain of command. There should always be a
distinct line of authority in organizations. A manager should direct employees to carry
out particular responsibilities. There must to be a distinct chain of command.
10. Order
the right tools, social harmony, and a secure workplace
In a civilized society, social order refers to the proper relationships between individuals
that are guided by rules and laws to uphold their rights and interests. This includes:
a) A framework outlining what conduct is appropriate or inappropriate and who should
be in charge of enforcing it;
b) A just judicial system that guarantees that the law or norm is applied equally to all;
b) A just judicial system that guarantees that the law or norm is applied equally to all;
11. Equity
Fairness in management and commitment among employees
When everyone is treated properly rather than merely getting what they deserve, equity
occurs. Regardless of age, gender, color, religion, or any other factor, all employees
should be treated fairly and without prejudice.
13. Initiative
The essential amount of freedom to make and carry out plans should be given to
employees.
Employers should take the initiative, and managers should support this. In other words,
they should let the employees make their own plans and then let them execute those
plans. It's because initiatives make workers happier and provide them with chances for
personal growth.
Art refers to a certain method of achieving something. It outlines goals and how they are
to be met. According to George R. Terry, "arts is the application of skill to the attainment
of the desired goal."
Art is the skillful application of knowledge that only depends on an individual's innate
capacity and is developed through practice and experience.
In this sense, management is unquestionably an art form since a manager may solve
complex issues that arise in successfully running his business by applying his expertise
and knowledge.
Every manager establishes his or her own distinctive personality, which is comparable
to an artist's style.
Like other sciences, management has also produced a number of universally applicable
concepts, laws, and generalizations that can be used anywhere it is necessary to
coordinate human activity.
These essential principles can be used in the conduct of undertakings because they
have been formed after being put to the test in many circumstances. A management
also uses scientific approach while making judgments. Because managers base their
judgments on data gathered using a scientific methodology, management is a science.
The goal of management science is to replace educated guesses and trial-and-error
methods with precise information so that management goals can be accomplished with
minimal effort and expense.
Introduction: Conflict occurs when two individuals or organizations disagree and the
conflict results in friction. One party must believe that the other's point of view will
adversely affect the result. Teresa may have strong feelings about direct mail initiatives
because she has successfully completed several of them. Heitor might believe that
watching television is the best option because no one reads their mail anymore; it's just
thrown away! Each of them can believe that the other's strategy is a waste of money for
marketing and that the business won't profit from it. Heitor will attempt to advance his
desire for television advertising, but Teresa will step in and stop him, and Heitor will do
the same to Teresa.
Concept and Application: When people with diverse personalities work together, task
conflict and team conflict are unavoidable, but that's not necessarily a bad thing.
Successful leaders can utilize conflict as a tool to increase team productivity by
converting it into an opportunity. Here are some tips on how to make the most of task
conflict and why you shouldn't disregard it.
People come from a variety of backgrounds and viewpoints, which can lead to disputes.
These disagreements can occasionally lead to conflict and impair team performance.
When that occurs, tempers flare and words of accusation are expressed aloud. It is your
duty as a manager to comprehend all parties' points of view, recognize constructive
team conflict, and come to a meaningful conclusion.
When team members disagree with their assigned tasks, task conflict results. It typically
happens when two or more parties find it challenging to complete a task because of
disparate demands, attitudes, or behaviors. One employee's failure to finish his portion
of the assignment, for instance, could negatively affect the entire team. When an
engineer, a marketer, and an IT specialist collaborate, they can each have a different
approach to solving a problem. Such circumstances may result in task or process
conflict, deadline violations, and revenue loss.
Task conflict may appear simpler to handle than other sorts of team conflict, but that
isn't necessarily the case, as Harvard Law School notes. It frequently has deeper roots
than what first meets the eye and is correlated with interpersonal conflict. For instance,
if a member of your team doesn't agree with a colleague's proposals, they can see the
criticism as a personal jab.
Value Conflict
What is good, bad, right, wrong, just, and unjust is determined by our values. In two
different ways, values can lead to conflict and confrontation at work. The first is when a
worker's values conflict with those of the position or the business.
When a person's ideals and the task they are accountable for don't mesh, they suffer
from stress, resentment, and other negative emotions that can lead to conflict
vulnerability. When two team members with different belief systems are matched up on
a project, this can lead to conflict in the workplace as a result of values.
Employees who prefer to spend more time at home with their families than at work or
those who disagree on the best ways to carry out a task together are two examples of
value conflicts in the workplace.
Two competing belief systems are in play when there is a value conflict, and one or
more participants are under pressure to fit in.
Conclusion: We may therefore draw the conclusion that in the aforementioned case,
there is a certain type of task and relationship conflict within the business as a result of
which certain decisions are not being taken and the company is losing market share.
3b.
ANSWER:
Introduction: A peaceful resolution to a dispute between opposing parties that leaves
all sides somewhat happy is known as conflict resolution. Sometimes the person who
settles a dispute is a third party or mediator, while other times it may be a party to the
dispute who uses an objective eye to find a resolution.
3. Compromising
Compromise, also referred to as reconciliation, entails looking for a compromise to
resolve a conflict. To reach an agreement, both parties voluntarily gave up some of their
demands. This may be a simple approach to settle a dispute without it escalating. Until
the parties can implement a more long-term solution, compromise can be employed as
a stopgap measure to avert conflict. When it would be impossible to make everyone
totally satisfied while still going forward, a compromise is appropriate.
4. Collaborating
Similar to the compromising approach, collaboration entails working with the other party
to identify a problem-solving strategy that is acceptable to both parties. For instance, a
salesperson and a client might negotiate the terms of a contract until they are
acceptable to both parties.
5. Competition
Competing is an unhelpful, too assertive strategy adopted by those who are determined
to win the conflict at all costs. Since it prohibits group problem-solving, this approach is
not frequently cited as producing satisfying results.