Monday, November 18, 2019
Management and Leadership Situations Essay Example | Topics and Well Written Essays - 1250 words
Management and Leadership Situations - Essay Example The concept of the world under one umbrella (Globalization) has liberalized the management principles also. Management styles and methodologies have undergone drastic changes over the past two decades because of the introduction of scientific management theories in the organizations. Most of the autocratic approaches have given way to democratic approaches. Business is more oriented towards building relationships between the organization and the employees and also with the organization and the customers or public. The relationship between the employees and the organization should be in good condition for the growth of the organization. The employees should feel happy about the working conditions and the wages in order to deliver maximum productivity. If any damages caused, to the employee- organization ties up, the business may badly affect. On the other hand in some situations, the management may be forced to implement certain strategies for the benefit of the organization which may result in increased workload for the employees. Consider the following case. Your store is having an after holiday sale. All merchandise will be discounted 50% in order to make up for money lost before the holidays because of the weak economy. The store must close at itsââ¬â¢ usual time of 10 pm so not to turn away customers but will reopen at 6 AM the following day. Although the staff is tired from a 12 hour day, they must stay past their assigned shift to complete a merchandise inventory and discount the merchandise before the opening the next day. What should the manager do?
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