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Personality styles in management

  • The first and most important aspect to me is the “If it works, use it” concept. I strongly believe that there are only legal limits which may hinder a business to do whatever it takes to succeed. Otherwise, moral considerations should be put aside to create platforms and procedures to maximize profitability. I believe that moral consideration is a question of “affordability”: those organizations that have reached the maximum profitability can effort to have moral standards. Otherwise, it is a fair game as long as no law is broken.

    The second significant factor is the adaptability factor in self monitoring: “Individuals high in self-monitoring show considerable adaptability in adjusting their behavior”. I am convinced that those with conscious self monitoring factor realize the need for “whatever it takes” concept to achieve the greatest results for their organization. It is clear that such individuals realize that in a competitive work environment it is vital to adapt to all existing factors in order to create a greater sense of personal involvement, thus promoting organization goals.

    The third important personality factor is risk taking: “To maximize organizational effectiveness, managers should try to align employee risk-taking propensity with specific job demands”. It clearly ties in to the previous concepts of Mach and adaptability: a manger will eventually have to realize that risk taking is simply a part of everyday business life. The best decisions can not always be made with complete information, rather than specific uncertainties will always be present. Thus a good manager will be willing to assess a situation and make a decision with the understanding of relative risk.

    Ultimately, it is clear to me that a successful manger will have the ability to do what it takes by adapting to all existing factors with consideration of certain degree of risk. I believe that such characteristics are rather universal and independent from industry, market and economy fluctuations. Yet cultural and social factors may dramatically change the overall effectiveness of such approach.

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    Disclamer: This entry is intended to promote our partner StorageMart and some or all participants received compensation.

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