Management Approaches Flashcards
Who uses the classical approach?
Manufacturing industry and among firms that value efficiency
Who developed the classical approach?
Henri Fayol & Frederick W. Taylor, with Henry Ford as a major proponent
Leadership Structure - Classical Approach
strict chain of command and autocratic leadership structure, with low-level workers having a very limited span of control
Labour - Classical Approach
This approach involves the division of labour - workers specialise in one specific task to improve skill and productivity
Incentive - Classical Approach
To incentivise productivity, workers are often paid on the basis of results
Financial gain is the key motivator of the classical approach
Priorities - Behavioural Approach
The behavioural approach prioritises the worker and their needs
Assumption - Behavioural Approach
Based on the assumption that people are self-motivated & desire satisfaction from their work
Leadership Structure - Behavioural Approach
values democratic leadership, with communication between workers & management
Labour - Behavioural Approach
Depending on how the individual works, they can choose to specialise or diversify
Incentive - Behavioural Approach
Motivation can come on both a monetary (higher wages, paid leave) or non-monetary (recognition of efforts, job security) basis
Contingency Approach
managers use a combination of theories, selecting appropriate elements from each in order to achieve a desired result
Contingency Approach - Success Factor
How closely the business monitors its environment will be a key factor in its level of success