Proper Management Techniques Essay

1065 Words5 Pages
I. INTRODUCTION The quality of management in an organization determines how well a company will do. According to Taylor, Fayol, Weber and other classical theorists, there is a single best way for organization to be structured. The challenge to that idea is known as the contingency theory, which states that there is no one best way to organize your structure. I believe that the contingency theory is correct, but that in some cases, different approaches work better than others. In this paper I will be discussing three important management functions that I believe if implemented, will help lead to having a very successful organization. I will also be comparing them to three other ideas that are not quite as effective. The three…show more content…
Stretch goals however are very hard to achieve, therefore the employee is not able to be lazy if he hopes to attain them. With stretch goals, you are constantly trying to find the most effective and efficient way to reach these goals. For example, if a company has a goal of zero waste, that would be a stretch goal. Even though it is scientifically impossible to have zero waste, it would be more effective than an incremental goal of 5% decrease per year, because it keeps the company in a constant battle for greater improvement. IMPLEMENTATION. Stretch goals are good for a company to have, but using them effectively may be easier said than done. In order for stretch goals to work, the employee must feel highly motivated to achieve them. This can be done two different ways. The first way is to have a fair rewarding system in place, the equity theory is crucial here. The other way is by having the subordinate take part in the decision making process. If they are a part of it, then they are more apt to work harder to achieve the goals that they came up with, instead of goals from a top manager that they are just told to accomplish. III. DECENTRALIZED STRUCTURE A decentralized structure is one that empowers middle managers by taking control away from top managers and allowing the middle managers to make decisions for themselves. Managers at high levels give lower-level employees the responsibility to make
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