Topic > management philosophy essay - 1142

This essay is about management and its philosophies. Management philosophies express people's opinions on best management practices as they differ greatly from one management professional to another. Having or practicing a certain management philosophy can be a good way to train your potential employees or subordinates and teach them your ethical way of working. So, what is a management philosophy? It is nothing more than a set of beliefs used by an individual in a management role to guide the team's decision-making process. There are many types of management theories that have come to light over the years. In my opinion, the management philosophy is one where a good manager thrives on feedback from his employees or focuses primarily on implementing the strategy to achieve the best for the company or organization. Below we will talk and discuss some management philosophies and try to compare them. Carrot or stick? To be a better leader, do you use the carrot or the stick? One of the Wall Street papers featured recommendations from various management experts on their views on how to be a better boss in the new year, and one of them suggested that the way forward was to wield a little more stick and a little less carrot. This vision of the so-called "carrot and stick" approach was built into the philosophies of the time and we still find it in the old and especially in the traditional sectors of industrial management. We will now try to understand what the carrot and stick really suggest in this case. A management theory related to the carrot states that managers should use the carrot, which means that managers seek the optimal outcome from... middle of the paper... and the motivations are very complex and there is no single technique or way of management can cover every single situation that a company might face in its development years. As for a person in a higher position, it becomes really difficult depending on the mindset and nature of thinking of the employees because employees always wish that managers are a little more understanding, but it has been noticed that people connect the idea of ​​understanding with kindness and so sometimes a little well-directed pain to get the job done isn't a bad thing after all. According to another theory X and theory Y, where and they want to achieve results and they want to take responsibility into their own hands and they will deliver whether there is a carrot or not.