Existential Approaches as Management Strategy

Content type

User Generated

Type

Essay

Uploaded By

Obavsnpr22

Pages

Rating

Running head: EXISTENTIAL APPROACHES AS MANAGEMENT STRATEGY 1

Existential Approaches as Management Strategy

Name

Institution

EXISTENTIAL APPROACHES AS MANAGEMENT STRATEGY 2

Increasing evidence is indicating the effectiveness of employing and utilizing people

as a means of attaining a competitive advantage. Nonetheless, many contemporary

organizations still employ conventional styles to strategy. However, there is criticisms against

such approaches including the fact that they ignore human factors. For this reason, such

approaches may be principally insufficient to attain a people-based competitive advantage to

the organization. Consequently, a substitute approach based on existential/humanistic

movement in psychology is being employed in organizations. By focusing on processes,

effectiveness, and leadership this strategy can be employed to attain a people-based

competitive advantage (David, 2007). The strategy is based on the fact that people are the

most valuable asset for an organization.

According to McGregor Theory X and Y, there are two types of people. Theory X

suggests that an average person dislikes the responsibility and works as little as possible.

Thus, management is responsible for motivating such employees. Without management

intervention, such employees will be passive and resistant to the organizational goals. On the

other hand, theory Y people are not resistant or passive to the organizational goals. They are

intrinsically motivated. The role of management is to ensure that people develop these human

features for themselves (Brief & Weiss, 2012).

Existential approaches can be employed by managers to realize performance

excellence. According to Drucker (2002), setting job standards and expectations for the

employees is a key aspect of realizing the organizational goals. For this reason, managers are

employing existential strategies to attain organizational goals. Thus, existential approaches to

attaining a people-based competitive advantage are realistic for management.

Utilizing employees as the organization’s fundamental competitive advantage,

requires a crucial role for people management. Thus, organizations should treat all employees

End of Preview - Want to read all 4 pages?

Access Now

Unformatted Attachment Preview

Running head: EXISTENTIAL APPROACHES AS MANAGEMENT STRATEGY Existential Approaches as Management Strategy Name Institution 1 EXISTENTIAL APPROACHES AS MANAGEMENT STRATEGY 2 Increasing evidence is indicating the effectiveness of employing and utilizing people as a means of attaining a competitive advantage. Nonetheless, many contemporary organizations still employ conventional styles to strategy. However, there is criticisms against such approaches including the fact that they ignore human factors. For this reason, such approaches may be principally insufficient to attain a people-based competitive advantage to the organization. Consequently, a substitute approach based on existential/humanistic movement in psychology is being employed in organizations. By focusing on processes, effectiveness, and leadership this strategy can be employed to attain a people-based competitive advantage (David, 2007). The strategy is based on the fact that people are the most valuable asset for an organization. According to McGregor Theory X and Y, there are two types of people. Theory X suggests that an average person dislikes the responsibility and works as little as possible. Thus, management ...
Purchase document to see full attachment