Examples of Contingency Viewpoint in the following topics:
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- The contingency viewpoint of management proposes that there is no standard for management; instead, management depends on the situation.
- The contingency viewpoint is a more recent development of organizational theory that attempts to integrate a variety of management approaches by proposing that there is no one best way to organize a corporation or lead a company.
- An example of the contingency viewpoint in action is a manager facing a situation with an employee who regularly shows up late to work.
- Under the contingency viewpoint, however, the manager may decide to better understand the situation by talking to the employee about why s/he is late to work and then deciding on the most effective and appropriate course of action.
- A leader's ability to manage under the contingency viewpoint depends largely on the nature of the environment and how the organization relates to the environment.
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- Theories of effective leadership include the trait, contingency, behavioral, and full-range theories.
- Experts have proposed several theories, including the trait, behavioral, contingency, and full-range models of leadership.
- According to this approach, called contingency theory, no single psychological profile or set of enduring traits links directly to effective leadership.
- In other words, contingency theory proposes that effective leadership is contingent on factors independent of an individual leader.
- Fiedler's contingency model of leadership focuses on the interaction of leadership style and the situation (later called situational control).
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- This situational contingency understanding of leaderships suggests, for instance, that a leader in a strict, task-oriented workplace would have different qualities than a leader in a more open, idea-driven workplace.
- The Fiedler situational contingency model measures leadership traits with a test that provides a leadership score corresponding to the workplace where the leader would be most suited.
- Fiedler's contingency theory has drawn criticism because it implies that the only option for a mismatch of leader orientation and unfavorable situation is to change the leader.
- Also, the contingency model does not take into account the percentage of situations that might be somewhat favorable, completely unfavorable, or even extremely favorable.
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- By isolating themselves from outside influences and actively suppressing dissenting viewpoints in the interest of minimizing conflict, group members reach a consensus decision without critical evaluation of alternative viewpoints.
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- By isolating themselves from outside influences and actively suppressing dissenting viewpoints in the interest of minimizing conflict, group members reach a consensus decision without critical evaluation of alternative viewpoints.
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- The control process can be hindered by internal and external constraints that require contingency thinking.
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- The practice helps businesses create plans for different situations, in addition to contingency plans for adapting if and when necessary.
- As the management team implements the broader strategy, it must continuously monitor the current environment for deviations and use forecasting to adapt both the primary strategy and contingency plans for potential shifts.
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- It is often contingent on performance or results achieved.
- Variable pay is contingent on discretion, employee performance, or results achieved.
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- Contingency planning can be simply described as the back-up plan, while participatory planning is the primary plan.
- An excellent tool for strategists pursuing a particularly risky venture is to develop the primary objectives and strategy while simultaneously constructing a contingency plan that will limit the negative effects of failure.