I would compare the contingency theory with the chaos theory. In one way, they are actually very similar. Part of their platform is to respond to the situation at hand. While the the chaos theory has more of an adaptive stance on the present situation in the workplace, the contingency theory also believes in responding to the situation at hand. The main difference we can see is that the chaos theory operates on the assumption that the situation will guarenteed change as a company develops, while the contingency theory will use the same style more, once they have determined that the style is effective enough, assuming that the dynamic of the workplace will not change. My management style usually would more closely align with the contingency theory, in that you try to find a system that works in each situation, but are also aware of conditions that may change it. Sometimes, however, I might lean more towards the chaos theory if the dynamics of the workplace were more volatile and demanded a more adaptive approach.
Apr 13th, 2015
Did you know? You can earn $20 for every friend you invite to Studypool!