Main Principle Management Styles of the Company Essay

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The sphere of business development is predominantly based on the introduction and maintenance of individual management styles within a team’s organization to reach a balance between the workers’ productiveness and the company’s profitability. Our company is concentrated on three principle management styles, such as consultative, participative, and mixed one, being an integral part of any teamwork efficiency.

The analysis of the first style is to be concentrated on the leadership positioning within the team’s organization. It is necessary to underline the idea that consultative management style is considered to be the ruling one; the basic advantages can be explained through the rewarding motivation of the employees leading to productiveness and profitability. This management style makes superiors feel trust in their employees achieving common organizational goals. Nevertheless, one of the key weaknesses of the management style based on consultative approach is concentrated on moderate teamwork; besides, the superiors of the company structure have no complete trust in the subordinates, which can lead to interpersonal contact misunderstandings.

The participative management style used in our team’s organization is considered to be more efficient; this strategy gives an opportunity to develop effective cooperative teamwork through much communication. It is necessary to stress that this style is perceived as the optimum solution to any marketing problems and complications; our organization is a vivid example of a business structure where superiors are completely confident in the employees’ professionalism, being motivated by the economic rewards of the organization got through common goals achievement. It is necessary to stress that this management is considered to be one of the most effective and successful. (Tjosvold, 2000)

The final strategy used in our team’s organization is considered to be concentrated on a mixed approach; it means that business covers the elements of every style considering the situation or business problems faced. It should be stressed that this approach is sometimes long-winded, and painful, though it is referred to as the most human-concerned and profit-oriented system. The basic advantages of this strategy are focused on supportive relationships and mutual respect within the team’s organization leading to productiveness and effectiveness of the working process. Nevertheless, there are some minuses in the mixed approach introduction; for example, the elements of exploitive and benevolent systems combined in the mixed strategy formation are reflected through threats and little teamwork in some conflicting or troublesome situations, and problems. There are some cases when management sponges master-servant trust principles resulting in lower levels of responsibility.

The most favorable aspect described in the team’s organization styles can be expressed through the following issues:

  • The development of working trust environment within the staff;
  • Motivations are based on the organizations’ benefits and profitability;
  • The strategic process involves the participation of employees’ leading to the formation of strong teamwork.

It should be stressed that the combination of all the management styles would result in the most effective and beneficial business running process. (Likert, 2008).

References

Likert, R. (2008). Human Relationships Contributors. Web.

Tjosvold, M. (2000). Leading the team organization: how to create an enduring competitive advantage. Lexington Books.

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IvyPanda. (2021, November 8). Main Principle Management Styles of the Company. https://ivypanda.com/essays/main-principle-management-styles-of-the-company/

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"Main Principle Management Styles of the Company." IvyPanda, 8 Nov. 2021, ivypanda.com/essays/main-principle-management-styles-of-the-company/.

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IvyPanda. (2021) 'Main Principle Management Styles of the Company'. 8 November.

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IvyPanda. 2021. "Main Principle Management Styles of the Company." November 8, 2021. https://ivypanda.com/essays/main-principle-management-styles-of-the-company/.

1. IvyPanda. "Main Principle Management Styles of the Company." November 8, 2021. https://ivypanda.com/essays/main-principle-management-styles-of-the-company/.


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IvyPanda. "Main Principle Management Styles of the Company." November 8, 2021. https://ivypanda.com/essays/main-principle-management-styles-of-the-company/.

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