Management theory Essay Example | Topics and Well Written Essays - 2250 words

Management theory - Essay Example The research paper is designed to study the imperatives of fast changing perspectives in managerial leadership within an organization and to study its impact on the performance outcome of the employees and organization, as a whole. A medium size company ABC Corporation was taken up which is a pioneer in wireless broadband technologies and related products and services that have huge scope in the emerging market if tapped timely. In the current cut throat competitive business environment, Acme urgently needs to widen its market through strategic business partnerships with global business entities and venture capitalists that can facilitate market its products and services. The organization currently employs around fifty employees at various levels of administrative and non administrative posts. The employees come from different race, culture and color but are observed to work amicably. The company has a decent growth graph but needs to expand its areas of operation to maintain a competitive edge over its rivals. The research was focused on the managerial leadership of the organization and the organizational climate. The workforce along with their leaders are important part of the organization who work together to achieve their organizations’ goals and objectives. The research has made concerted efforts to study the organizational behavior and communication within the company and has studied in depth the impact of implementation of management theories, especially, McGregor’s theory of management. The changing times have made the businesses more competitive, thereby making it obligatory for them, as well as for the working force to become more flexible and swiftly adapt to the changing technologies and work environments. The changing socio-economic environment made it imperative that more consideration be paid to socio-cultural