TheÂ relationshipÂ between management philosophy and how employees perform has long been the subject of study in the quest for finding the right management formula that will bring out the best in company employees. Â A company’s management philosophy represents its core values within which all members are expected to work and interact with each other. Â A company philosophy can be formed after carefully examining the goals and objectives of each organizational area to make sure that both are going to the same direction.
Managers can also form their own management philosophy for the purpose of fostering a positive work environment that willÂ allowÂ employees toÂ maximizeÂ theirÂ potential. Â This can be a test of the manager’s mettle in laying the foundation forÂ properlyÂ motivating employees. Â The management philosophy has to be communicated Â effectively to employees to ensure that it will be taken up in the way it was intended.
Companies and managers may have the soundest management philosophy but it will not amount toÂ anythingÂ productive unless it is communicated effectively to people affected by it. Â There is one belief that managers get what they ought to get based on their treatment of their employees. Â If they treat employees as adults who can handle their work responsibility, chances are that they will get what they expect. Â Employees generally respond positively to show of confidence from management in their abilities.
It is highly possible that a management philosophy is formed based on experience rather than on academic theories. Â There is absolutely nothing wrong about this since experience usually determines the applicability of any philosophy. Â In the work place, there are practical requirements that will be have to be considered because of the unique intricacies inherent in each organization.
AÂ managementÂ philosophyÂ is importantÂ because it determines whether an employee can seek redress for any perceived unjust treatment specifically on matters not covered by law.