The Need for a Management Model Flashcards

1
Q

General Management as ‘corporate governance’

A

Navigation of an organization through complexity and dynamic change

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2
Q

Management action

A

Characterized by the dynamics of change, complexity and the application of variable and situation-dependent reaction patterns; the “normal state”; “normal, unavoidable Management”

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3
Q

Unpredictability as a normal state (“The normally calculated chaos”)

A

describes management action; in reality, managerial activity is by no means characterized by continuity, consistent planning and structure - it is more chaotic and complex

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4
Q

Management models

A

can serve as a guide out of this “chaos”, here preferred in the form of holistic Management models that bundle the various action and decision dimensions of Management

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5
Q

How do Management models help?

A

they provide a frame of reference in situations of uncertainty, reduce complexity, help to prioritize the relevant and less relevant, and form an organizational framework that shows logical and causal relationships

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6
Q

A Management model is NOT…?

A

a “recipe book,” a collection of immediate practical recommendations for action or guidance on “right or wrong” decisions

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