Maturation Stages In Business Organizations: Management Development (cont.)
This approach, so successful in many progressive business organizations, is based on practical realization that one does not accrue worthwhile values "for nothing". It is challenging in that its effective application presents certain basic prerequisites. Chief of these are:
- Establish favorable basic management climate
- Through word, action and example establish that excellence in management practice is desired.
- Communicate company objectives, values and authority relationships.
- Establish conditions conducive to positive motivation of the individual manager.
- Communicate philosophy of management.