contingency theory (1)
TRANSCRIPT
8/18/2019 Contingency Theory (1)
http://slidepdf.com/reader/full/contingency-theory-1 1/2
CONTINGENCY APPRAOACH
OFMANAGEMENT
• Contingency approach states that there is “no one best
way” to manage an organisation.
• It is also known as situational approach
8/18/2019 Contingency Theory (1)
http://slidepdf.com/reader/full/contingency-theory-1 2/2
Why is it important for managers ?
• Because what works for an
organization may not work for the
other
• Situational characterstics
( contingencies) iffer
• !o one wants a manager who is
ogmatic an infle"ible
Steve Jobs“there is no one right way of
leading and that a leader must
adjust their style depending on
the context“