8/18/2019 Contingency Theory (1)

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CONTINGENCY APPRAOACH

OFMANAGEMENT

• Contingency approach states that there is “no one best

way” to manage an organisation.

• It is also known as situational approach

8/18/2019 Contingency Theory (1)

http://slidepdf.com/reader/full/contingency-theory-1 2/2

Why is it important for managers ?

• Because what works for an

organization may not work for the

other

• Situational characterstics

( contingencies) iffer

• !o one wants a manager who is

ogmatic an infle"ible

Steve Jobs“there is no one right way of

leading and that a leader must

adjust their style depending on

the context“