Essay managerial economics

Organizational behavior is based upon four cardinal frameworks namely custodial, supportive, custodial, and collegial (Phillips and Gully, 56). Autocratic organizational behavior rests on managerial inclination of authority. The team or people being led depend heavily on the leader and their job desires being satisfied are subsistence. The mental outcome for employees is absolute dependence on the boss, leader who has the capability to hire and hire. This model is typified by low wage-payment since no attention is given to workers. Autocratic models have been noted to have minimal performance result.

Given my limited experience managing teams, my exposure to [name] was central to my early success at [consulting firm]. For example, although I had considered myself a leader in athletics, I had not learned to translate those skills into the business arena. [Name] taught me several effective methods to lead teams. Admittedly, as a highly motivated young analyst with very high work standards, I also lacked many of the skills required for effective team leadership. However, I quickly learned the importance of flexibility and became more comfortable providing feedback and directing the work of others. Furthermore, through his example, [name] taught me the importance of objectivity and the utility of several effective communication techniques. For example, I learned to use my sense of humor as an effective tool to persuade, disarm, or motivate others.

Essay managerial economics

essay managerial economics

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