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Managers use statistics to assess risks. When a project has a high probability of being unsuccessful, managers will avoid the project.
Managers might use the grapevine to their benefit in order to find out about any employee dissatisfaction. They can also find out about potential problems that are occurring in areas of the company.
Quantitative techniques provide managers with concrete evidence and information, which allows them to make better decisions. Without quantitative techniques, managers would guess and risk assets of the business.
Bob
Douglas McGregor developed Theory X and Theory YAccording to McGregor, there are the following two types of managers:• Theory X managers - These managers believe that most of the people are self-centered, are only motivated by their physiological and safety needs, and are indifferent to the needs of the organization they work for. They (usually the team) lack ambition and have very little creativity and problem-solving capacity. As a result, they dislike their work and will try to avoid it. They will also avoid taking responsibility and initiative. There is one word to describe Theory X managers: distrust. They distrust their employees. These managers, therefore, tend to be authoritarian.• Theory Y managers - As opposed to Theory X managers, Theory Y managers trust their employees. They believe that most of the people are high performers in a proper work environment. This is because most of the people are creative and committed to meeting the needs of the organization they work for. Theory Y managers also believe that most people like to take responsibility and initiative and are self-disciplined. Finally, they also believe that most people are motivated by all levels of needs in the Maslow's hierarchy of needs. These managers tend to provide more freedom and opportunity for career growth.Trivia:Given the same team and same work environment, a Theory Y Manager's team will perform better and deliver better quality work product than the team managed by the Theory X Manager. The reason is simple. People hate authority and in most cases rebel
can managers be too satisfied with their jobs? can they be too committed to their organizations? why or why not?
Organizations need management accounting so that managers can know how their departments are performing. Without managerial accounting, managers will be operating in the dark.
So that the organization has order.
manager's planning in organisation
organizations promot there employee different ways including transferring middle managers strategy managers
What are important features of organizations that managers need to know about in order to build and use information systems successfully.?
Managers are not more important than staffs. They are equally important as managers would need the staffs to meet the objectives of the organizations and staffs need managers for guidance and coordination.
to effectively manage the workplace and maximise efficiency and profit
how can managers blend the guidelines for making effective decisions in today's world with the rationality and bounded rationality models of decision-making or can the
highest-level managers
highest-level managers
highest-level managers