Question

How contingency approach can bring better perspectives of management as compare to the traditional one. Discuss it with the help of practical​

Answer 1

Answer:

Contingency Approach to Management

The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances. In other words, managers should identify the conditions of a task, the requirements of the management job, and people involved as parts of a complete management situation. The leaders must then work to integrate all these facets into a solution that is most appropriate for a specific circumstance

Classical management theorists such as Henri Fayol and Frederick Taylor identified and emphasized management principles that they believed would make companies more successful. However, the classicists came under fire in the 1950s and 1960s from management thinkers who believed that their approach was inflexible and did not consider environmental contingencies. Taylor, however, emphasized the importance of choosing the general type of management best suited to a particular case. Fayol also found that there is nothing rigid or absolute in management affairs. So while the criticisms were largely invalid, they created the contingency school of management.