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A contingency theory is an organizational theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions.Instead, the optimal course of action is contingent (dependent) upon the internal and external situation.
Contingency was especially emphasized by Stephen Jay Gould, particularly in his 1989 book Wonderful Life. [ 1 ] [ 2 ] Gould used the thought experiment of rewinding the "tape of life" to the distant past, and argued that even small changes to history would result in evolutionary outcomes very different from our world.
Fiedler's situational contingency theory holds that group effectiveness depends on an appropriate match between a leader's style (essentially a trait measure) and the demands of the situation. In other words, effective leadership is contingent on matching leader's style to the right setting. [4]
The Vroom–Yetton contingency model is a situational leadership theory of industrial and organizational psychology developed by Victor Vroom, in collaboration with Philip Yetton (1973) and later with Arthur Jago (1988). The situational theory argues the best style of leadership is contingent to the situation.
Jay William Lorsch (born 1932) is an American organizational theorist and the Louis Kirstein Professor of Human Relations at the Harvard Business School, known for his contribution of contingency theory to the field of organizational behavior.
McConaughey breaks down a conspiracy theory in another Uber Eats teaser shared on Monday, Jan. 27. The paranoia-filled ad gives fans a hint of what is to come with Uber Eats’ full Super Bowl ...
The history of contingency theories of leadership goes back over more than 100 years, with foundational ideas rooted in the mechanical thought of Taylorism.Later, management science began to recognize the influence of sometimes irrational human perceptions on worker performance.
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription ...