Management Theory and Practice Assignment
Management Theory and Practice Assignment
Management Theory and Practice Assignment
Answer-2
Introduction:
Management is a potent method that considers planning to manage, organizing, and
effectively employing the resources to achieve the organizational objective and
successfully complete the specified job. Each division of the newly formed
management team is debating a different topic. To clarify whether management is an
art, a science, or both, it will help to have the chairman of the online forum's input. This
system is used to complete the task at a low cost and produce effective results.
Management can be viewed as a science, an art, or both. Truth is provided by science,
a fundamental idea that is widely accepted to support commercial businesses and help
managers control the link between many variables.
Discussion:
Management as an art
Management is a potent method that considers planning to manage, organizing, and
effectively employing the resources to achieve the organizational objective and
successfully complete the specified job. Each division of the newly formed
management team is debating a different topic. To clarify whether management is an
art, a science, or both, it will help to have the chairman of the online forum's input. This
system is used to complete the task at a low cost and produce effective results.
Management can be viewed as a science, an art, or both. Truth is provided by science,
a fundamental idea that is widely accepted to support commercial businesses and help
managers control the link between many variables.
Let's take a look at the example from the management as science instance, where
there was an issue with a worker's subpar performance at work.
Art is the creative and skilful application of previously acquired knowledge to produce
desired effects. It can be learned by consistent practice, ingenuity, first-hand
experience, and personal observation.
Examples of people who are artists include dancers, potters, musicians, directors,
actors, designers, etc. In order to get the job done from his staff, a manager must use
his own expertise and experience, which makes him both an artist and a manager.
The methods used by various employees to complete their work vary from
management to manager.
According to the artistic viewpoint, managers can resolve this issue by depending on
their own judgements and experiences.
Art is the skillful and unique application of already-existing knowledge to achieve
desired results. It can be acquired through study, research, and application. A certain
amount of ingenuity and creativity are required to follow the main systems learned
because art involves the personal usage of facts. The following are some of art's
fundamental qualities:
The existence of theoretical knowledge: The existence of specialized academic
knowledge is assumed in the case of art. Specialists in their own professions have
developed certain fundamental postulates that are appropriate for a particular kind of
art. For example, the literature on acting, dancing, singing, and public speaking is
widely recognized. Individualized application: Each person uses this fundamental
knowledge in a different way. As a result, art is a highly individual concept.
Based on tradition and imagination: Art is useful. The creative use of already-
existing intellectual information is included in art. Seven notes are the known
foundation of music. But how a musician plays these notes in an original, artistic
fashion that is all his own is what distinguishes or differentiates his style from others.
Management as a science:
Science is a disciplined body that disseminates information and offers specific truths
that help to understand phenomena and build the causal chain between diverse
variables.
It offers scientific principles and the essential truth to deal with the sources, and it
requires specialized knowledge to deal with the issues and bring about improvement.
While art aids in developing the abilities and expertise needed to handle a variety of
supervisory issues, science promotes learning.
Science is an organized body of knowledge that places a focus on unmistakable
universal truths or the operation of thorough laws. The following are the essential
elements of science:
Science is a precise corpus of knowledge that has been organized: Its systems
are founded on the link between purpose and effect.
Validity on a global scale: Scientific norms are true and applicable everywhere.
Systems built on experimentation: Scientific norms are first developed via study
and then evaluated repeatedly through trial and error in controlled environments.
Relationship with the domino effect: Successful science management aids in
comprehension of the connections between different components, equilibrium ability,
and the responsibility to bring effectiveness.
The disappearance of this balancing has a significant impact on corporate expansion.
For instance, if employees have a great salary and beneficial perks, they will be
inspired to work toward organizational success. However, if they treated them unfairly,
item activity and growth are reduced.
Conclusion:
The study has found that for organizational growth and advancement, science and art
are equally important. The most important component of any organization is its art and
science of management, which serves as a platform for knowledge acquisition,
practical application, and the implementation of organizational culture and guiding
principles. In order to effectively handle difficulties and present trustworthy solutions
for corporate growth, supervisors need to develop their competency knowledge
experience alignment with skill, creativity, and excellence. This is where art and
science may help. Training helps supervisors develop the methods for effectively
managing all of their staff members and divisions and delivering high-quality results to
the organization and society. Science helps supervisors broaden their knowledge and
understanding necessary for professional development. Additionally, in accordance
with the management assistance principle, supervisors work with their staff in a
collaborative manner to maximize profit and minimize expense.
6
Answer-3. a
Introduction:
In India, the well-known resort chain Lemon Tree is losing market share to its
competitors as a result of internal disagreements within the company that hinder
performance and expansion. In order to provide effective solutions for the
organization's growth, the scientist has attempted to identify the various causes of the
conflict in this part.
Discussion:
Conflict can be seen as a collision or a disagreement. When a person's personal goals
and an event are at odds, there may be conflict. It may also exist between two people
or between groups of organizations.
Disagreement and conflict are inevitable components of any organization. Lack of
comprehension, judgment, and understanding leads to disagreements inside the
business, which has a detrimental impact on productivity and market share. There are
numerous factors at play in the dispute. When timely and proper decisions are not
made to address the issue, a noticeable difference occurs. For instance, Lemon Tree
is having problems in the hotel industry as a result of the managers' inability to
effectively manage the challenges and address the issue.
One of the key causes of miscommunication between employees and managers is
communication breakdown. Employee dissatisfaction, anxiety, and behavioural
change are all caused by social friction. Conflict comes from the use of various theories
and methods in corporate procedures. Competitors are yet another important source
of misunderstanding because they are fiercely competitive in the current market, which
results in conflicts within the organization due to the scarcity of resources. Conflict
arises from a lack of authority and quality because it results in a lack of control between
the manager and the staff.
The primary cause of the conflict that ruins employees' work-life balance, negatively
impacts the business, and sparks a legal issue is the working hours.
The most frequent cause of misinterpreting the causes of conflict in an organization is
a lack of clarity and sources. Another contributing element to the tension is a staff
member who must work with more authority due to a staff member shortage. Conflict
results from multitasking because it causes frustration and dissatisfaction. The
unsatisfactory working environment leads to friction and discontent among the
employees, who get easily distracted and frustrated. Conflicts arise when there is a
lack of both incentive and a management system, which makes it impossible to control
all the divisions. Conflicts in the workplace's structure and connections hurt
productivity and discourage employees from working hard to improve efficiency and
reach the organization's objectives.
Conclusion:
Human interaction can lead to conflict, which has a negative effect on the productivity
of the employees in the firm. To improve performance, the business must handle the
issue and provide quality services. Additionally, in order to communicate with staff
members and understand their needs in order to create a special company strategy
for growth, communication must be improved.
Answer-3. b.
Introduction:
For the organization to get the best outcomes in terms of productivity, market share,
excellent sales, promotion, and excellent customer partnerships, performance and
effective management are crucial. The management philosophy aids the business in
balancing all the factors necessary to run a successful scientific research service.
A peaceful resolution to a dispute between opposing parties that leaves all sides
somewhat happy is known as conflict resolution. Sometimes the person who settles a
dispute is a third party or mediator, while other times it may be a party to the dispute
who uses an objective eye to find a resolution.
Conflict resolution skills are frequently regarded as leadership qualities. Many
businesses value the skills of individuals who can spot disputes, respect divergent
viewpoints, and forge consensus. They increase the likelihood that differences of
opinion will be put aside so that work can proceed.
Discussion:
The hotel Lemon Tree must develop a strategy to handle the disagreement and conflict
appropriately and present a workable solution to the issue. An effective management
system enables the corporation to manage all of its divisions and make wise business
decisions. By creating a healthy and balanced environment for learning, developing,
and effectively negotiating issues those on the staff. The business must first improve
its practical communication strategy and Schedule regular meetings with the staff to
learn about their concerns and hear their suggestions. Business growth, and build the
strategy. The flexible shift and the knowledgeable personnel cutting back on labour
and working quickly to deliver and fulfill consumer products in the marketplace. Using
resources and enlisting the assistance of the local market will support the growth of
the business and reduce additional costs that are beneficial for the organisational
development. The biggest obstacle to a company's ability to thrive on the global market
with top-notch goods and services is competition. Effective decisions and reasonable
expectations for the employees support and motivate them to work hard and provide
a comfortable, healthy, and balanced work environment. Correct training, a balanced
work environment, and a healthy society help employees perform well. The
employees' opinions should be heard, considered, and reduced in order to find
solutions and advance the business goal. identifying the problem's underlying source
and, if possible, coming up with a workable solution to remedy the interoffice and
external issues. By satisfying all the stakeholders, modern innovation and workplace
changes can also assist the business in reducing conflict and bringing trustworthy
results. The effective strategy and framework for building strong relationships with the
workforce and employees to aid in resolving the problems. preserving spirit and
minimizing stress Assist the business in achieving market dominance and successfully
managing the bad scenario.
Conflict resolution skills are frequently regarded as leadership qualities. Many
businesses value the skills of individuals who can spot disputes, respect divergent
viewpoints, and forge consensus. They increase the likelihood that differences of
opinion will be put aside so that work can proceed.
1.Establishing solid partnerships
Effective conflict resolution techniques can help to lessen any unhappiness that might
harm working relationships, promote improved teamwork among coworkers, and
ultimately build solid working connections amongst employees.
2.Preserving morale
Effective conflict resolution can stop animosity between opposing employees from
escalating and affecting other employees who weren't initially involved. A speedy,
courteous conclusion can assist in preserving harmony and morale at work and help
avoid interruptions in productivity.
3.Getting results
Conflict resolution can improve productivity and assist parties in achieving their
objectives. Following a Following a resolution, they can work more productively—and
cooperatively—by concentrating on the objectives rather than the conflict.
Conclusion:
Following a thorough discussion of all the problems and potential solutions, the
researcher has come to the conclusion that improving employee sustainability,
encouragement, and motivation effectively addresses issues and aids in the
company's achievement of a positive outcome—partnership recognizing the issue and
sound organizational technique addressing the disagreement.