The contingency approach is a management style which tailors management decisions to each set of circumstances. This is also called the situational approach due to decisions being adapted to individual situations.
The contingency approach is used by leaders who feel people, organizations and situations change over time, and is the right way to address situations as a manager, because details change with each occasion. This approach is outside of the classical management style, which applies a cookie-cutter approach to every situation. The contingency approach is mainly used as part of organization theory and leadership theory, both of which recognize a certain amount of uncertainty or dissatisfaction with traditional leadership methods.Learn More
According to Cambridge Dictionaries Online, an organogram is a diagram that explains the relationship between different people in an organization. An organogram describes the jobs of each establishment at different levels and describes their relationships. A common name for organogram is organizational chart.Full Answer >
Dynamically continuous innovation revolves around changing technology even though the use of the basic product does not change, according to the University of Southern California. An example of this is the airplane: the basic technique of flight has not changed even though the technology of flying evolved from propellers to jets during the 20th Century.Full Answer >
The primary advantages of a flat organizational structure in business include direct involvement of workers in the decision-making process, better communication flow, faster response times to business challenges, and an open, collaborative environment that promotes idea generation and innovation. A flat organizational structure is characterized by few or no levels of middle management between workers and a company's top executive according to Forbes.Full Answer >
Manpower planning is important because it ensures that the right number of people are performing tasks to meet the objectives of the company. Without proper planning, it makes it difficult (if not impossible) to meet corporate objectives and targets.Full Answer >