Thursday, December 12, 2019

Management Principles Effective Depending on the Environment

Question: Describe about the Management Principles for Effective Depending on the Environment. Answer: Introduction Managers have important role to play in an organization. Their style of managing is different in different situations which are known as their management styles. Management style is the process in which the workers and the work process are managed and management style differs on the basis of individualities, work process and companies culture (Grimsley, 2016). There are four management styles Autocratic: The manager does not involve its workers in the process of decision making and the whole process depends on the manager. Democratic: Decision is a collective effort and the manager respects everyones opinion. This style takes time but the workers are satisfied to a large extent. Paternalistic: It is also called dictatorial. Whenever a decision is made it is explained to the workers and feedback is received from them. Laissez-faire: The workers are independent and the manager is the organizer for the workers. The workers take the duty for their job and are helped by manager during trouble (Management styles, 2016). Management practice: It is a business plan envisioned to help organizations occupied by contests due to irregular markets and adjustment in accordance with the increasing needs of customers (Goodrich, 2013). Steve Jobs Background He was born in 1955 in California. He was an American entrepreneur, a computer genius and designer. He studied in Reed College in Portland. In 1976 when he was in twenties, he founded his own company called Apple computer company with Wozniak. Apple came into market in 1977. He was the main marketing force behind Apples and was the CEO of Apple inc. (Elton, 2016). Management style and Practice Steve Jobs was a leader who does not conform to what is done generally. His management style was not confined to text books but he developed his self-vision of how things should be carried out, explained workers about this vision and let them work on their own according to their skills and intervene, when required. He needed excellence from his workers and brought workers, stakeholders and consumers to pronounce his vision. He used Laissez-faire style of management (McInerney, 2011). This can be understood from an example in which Steve Jobs asked Corning, an employee to form the gorilla glass for iphone, Corning said that it wasnt possible. Then Jobs said that it can be done in half a year. And surprisingly, Corning did it in less than 6 months (Famous Laissez Faire Leaders, 2016). His practice includes developing of culture of love and respect among managers and workers. He gives workers independence to bring desired changes and believed that time is important and challenging the w orker inspires him to grow. He only hired those workers who were interested in Apple. He promoted a startup type culture inside the company, no matter how big Apple became (Male, 2011). Warren Buffett Background He is regarded as the Oracle of Omaha. He is called as the investment genius. He was born in 1930 in United States. He studied business at University of Pennsylvania and Nebraska. He developed Buffett Partnership Ltd. in 1956 and governed Berkshire Hathaway. His corporation grew at a rapid rate in sectors like media, insurance, energy, food and beverage.He is a person who invests in promoting goodness for others by means of charity. He is one of the richest man in the world (Warren Buffett biography, 2016). Management style and practice Warren Buffett exhibited the laissez faire and democratic management styles. He chooses workers who are qualified, skillful and let them do their job independently. He employs managers who are intelligent and are passionate in becoming a part of business. He always motivates them after failures and makes them learn from their mistakes (Cheah, 2013). He is part of the leadership team of many companies and invest in those companies and then trust his managers to get the results he wants (Gill, 2016). He believed in developing self-respect and confidence in the workers so that they dont make errors. He admires others and gives attention to everyones opinion and communicates modestly so that managers do not easily leave the company and new talent is keen in joining the company. He remains open and honest with the workers (Stallard, 2014). TOMMY LASORDA Background He was born in 1927 in United States. He started his career as a baseball player at the age of 18 and then became coach for the Dodgers. He is the most famous American baseball supervisor and became diplomat for serving as a manager for 20 years in Los Angeles Dodgers. As a manager, his team won two world championships. He was welcomed in Hall of Fame and is still a consultant for Dodgers (Tommy Lasorda Biography, 2016). Management style and practice Tommy Lasorda follows democratic management style and have trust on his players decisions and his decisions. Unlike any manager, he sent a hurt batter to play besides an ace pitcher and won the game which shows the characters of a democratic manager. And also in 1988, his decision to allow Kirk Gibson pinch hit lead to teams victory and one of the most unforgettable part in baseball records (Gill, 2016). He believes that people who struggle to survive performs excellently. He wants the players to know that he is dependent on them. He takes the players out with him and hugged and patted them frequently. He believes in motivating and maintaining an open communication with them. He inspired the new players and brought out the talent hidden in them to finally win the game (Lasorda, 1989). TONY LA RUSSA Background Tony La Russa was born in 1944 in Florida in United States. He started his career in 1963. After a serious injury he played in junior leagues till 1977. In 1979 he worked as a manager for White Sox. In 1995 he guided the Cardinals and worked for his team and guided them to 3 World Series titles, 6 league championships and 12 division titles. In 1913 he was elected to the Hall Of Fame. At present he is working for Arizona Diamondbacks (Hall of Frame, 2016). Management style and practice Tony La Russa management style is such that he concentrates much more on winning the game than any other manager. As a manager he took Cardinal defeats in a strange manner exaggerating his own importance or power, but that was towards a positive approach. He was not a person to be loved as a manager. He can never be seen in a state of peaceful happiness or relaxed (Will, 2013). His management style was autocratic in nature. He never used to tell anyone what he planned. He know each player on personal level and then prepare for the game. Comparison of Management style and practice Each of the management style is different and has different impacts on employees. Tony La Russa uses the autocratic style in which he made plans himself and does not tell his plans to his team and made his players do as per according to his plans. In this management style the players are not independent and their creativity is restricted and do what their manager wants. He lost as many games as he won. As contrast in Democratic style as used by Tommy Lasorda, the opinions from team are also welcomed and the one that is good is followed. It gives the player a thinking as they are also important and brings inspiration within them and they dont feel pressurised. Warren Buffett also uses the democratic style and each worker opinion is welcomed. This style causes business to prosper as happened with him as this style brings lots of creativity in business. In Laissez-faire style as is followed by Steve Jobs, he gives the task and the worker has to decide how to carry out. This can decrease the output and can reduce regulation because of laziness of workers but this does not happens with him as he employed qualified workers who had passion for the company (Crowell, 2016). Discussion of the effectiveness All the management styles differ in their control over their workers and their environment and all are effective when applied in favourable environment. The autocratic leader gives his worker no control. Democratic half control and Laissez-faire full control. According to me democratic management style is the most effective as in this style liberty is given to the workers to express their opinion but half control of them is still in the hands of manager, so possibility of mistakes are rare as seen by the managerial approaches by Lasorda and Buffett(Macbeth, 2016). Lassiez-faire is least effective as in this case full control is in hands of workers. It is only effective when the workers are highly talented and treat the company as their own as in case of Steve Jobs. The Autocratic style is dependent wholly on the leader, if he is mature enough things will work out to be positive as in case of Tony la Rasso. But if he had chosen any other style he would not have lost as many games as he did now Buffett approach towards managing workers is the best as he never becomes harsh on anyone and is lenient on his workers and so people enjoys working with him and also talented people from different companies will want to join him. Another thing is motivation in management practice which show more results than expected as in case of Steve Jobs, Warren Buffett, Tommy Lasorda. Effective and good communication also helps a lot. Conclusion As compared and discussed above all the leadership styles it is concluded that all the leadership styles can be effective depending on the environment of the organization, the role and function of the managers and the settings suitable for the management style. But according to me Democratic is the most suitable for any organization as all people treats themselves as equal and no burden is laid on the workers. List of references Grimsley, S. (2016). Management styles: Definition, theory and types. Accredited Business. Goodrich, R. (2013). What is practice Management? Business News Daily. Elton, J. (2016). Steve Jobs Biography. Encyclopaedia of world biography. Lasorda, T., Dumaine, B. (1989). Business secrets of Tommy Lasorda. FORTUNE magazine. McInerney, S. (2011). Steve Jobs: an unconventional leader. Fairfax media. Macbeth. (2016). Authoritarian, Democratic and Laissez-faire leadership. Enotes. Male, B., Lubin, G. (2011). 8 Management Lessons I Learned Working Under Steve Jobs. Business Insider. Crowell, E. (2016). Leadership Styles and Types: Authoritarian, Laissez-Faire Democratic. Sociology 101. Stallard, M. (2014). Warren Buffetts 3 Practices that Attract and Retain Top Talent. The Wall Street Journal. Management Best Practices 2016, Tutorials point, viewed 2016, https://www.tutorialspoint.com/management_concepts/management_best_practices.htm. Famous Laissez Faire leaders 2016, Advise America, viewed 2016. https://www.adviseamerica.com/famous-laissez-faire-leaders/. Biography.com Editors 2016, Warren Buffett Biography, AE Television Networks, viewed 28 August 2016, https://www.biography.com/people/warren-buffett-9230729#related-video-gallery. Biography.com Editors 2016, Tommy Lasorda Biography, AE Television Networks, viewed 28 August 2016, https://www.biography.com/people/tommy-lasorda-9542214#hall-of-fame. Gill, E 2014, What is Democratic/Participative Leadership? How Collaboration Can Boost Morale. St Thomas University, viewed 25 november 2014, https://online.stu.edu/democratic-participative-leadership/. Cheah, A. (2013). Warren Buffett. [Blog] Posts(atom). Available at: https://agnescheah.blogspot.in/p/blog-page.html [Accessed 25 November 2013]. Will, L. (2013). Overwhelmingly Himself. Sports on Earth. Tony La Russa 2016, National Baseball Hall of Fame. Viewed 2016, https://baseballhall.org/hof/larussa-tony.

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