Management Philosophy Management's Principal Characteristic Essay

Pages: 6 (1685 words)  ·  Style: APA  ·  Bibliography Sources: 6  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business - Management

SAMPLE EXCERPT . . .

These management philosophies are different from the management approach proposed by He (2011). He (2011) identifies the Chinese approach based on the Confucian Philosophy, which identifies that the key idea is the achievement of strategic alignment. The philosophy especially identifies the creation of alignment between individual's behavior and organizational strategy. This is different from other management philosophies for He (2011) proposes that teamwork is essential in creating individual drive in the larger organization, which is part of Confucian values. The article identifies that this management philosophy follows Confucian values, which make the heart of management strategies for Chinese companies in the Silicon Valley. The article finds from the analysis of case studies that the alignment of management strategies with Confucian values has led to the success of organizations proving they are applicable to western organizations. There is no similarity between Kralev (2011), Wang (2011), Dierksmeier (2010) and He (2011) management philosophies. Dierksmeier (2011) believes that management education should focus on ideal moral freedom for managers, not the concept of capitalist freedom proposed by classical economists. In this management philosophy, the manager must adopt moral and ethical standards at the individual and firm level to attain sustainability.

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Overall, the articles provide evidence that the success of an organization is pegged on the ability of management to create a philosophy. The responsibility of management in creating organizational philosophy lies in the fact that management has the role of planning, organizing, controlling, and directing. The articles show there is a connection between management philosophy, organizational culture and practice, and performance. The manager sets the goals, objectives, and mission of the organization, which directs and influences business processes and practices. Through personal philosophy and moral and ethical principles, the manager can influence the behavior of employees and cause corporate social responsibility.

References

TOPIC: Essay on Management Philosophy Management's Principal Characteristic Assignment

Bateman, T.S., & Snell, S.A. (2007). Management: Leading and collaborating in a competitive world (7th ed.). Boston, MA: McGraw-Hill/Irwi

Dierksmeier, C. (2011). The freedom-responsibility nexus in management philosophy and business ethics. Journal of Business Ethics, 101(2), 263-283.

Dinesh, D., & Palmer, E. (1998). Management by objectives and the balanced scorecard: Will rome fall again? Management Decision, 36(6), 363-369.

He, N. (2011). Case… [END OF PREVIEW] . . . READ MORE

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