B Com Exam > B Com Videos > Contemporary Management > Management by expectation, Contemporary Management
Management by expectation, Contemporary Management Video Lecture | Contemporary Management - B Com
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FAQs on Management by expectation, Contemporary Management Video Lecture - Contemporary Management - B Com
| 1. What is management by expectation? |  |
Ans. Management by expectation is a management approach where leaders set clear and specific expectations for their employees or team members. This approach focuses on communicating goals, objectives, and performance standards to ensure that everyone understands what is expected of them.
| 2. How does management by expectation contribute to effective management? | |
Ans. Management by expectation contributes to effective management by providing clarity and direction to the team. When expectations are clearly communicated, employees can align their efforts and actions towards achieving the desired outcomes. It also helps in fostering accountability, as employees know what they are responsible for and what is expected of them.
| 3. What are the benefits of using management by expectation? | |
Ans. Using management by expectation can have several benefits. It helps in improving employee performance and productivity as they have a clear understanding of what is expected from them. It also enhances communication and collaboration within the team, as everyone is on the same page regarding goals and objectives. Additionally, it can contribute to employee engagement and satisfaction, as they feel more confident and motivated when they know what is expected of them.
| 4. How can managers effectively set expectations for their team members? | |
Ans. Managers can effectively set expectations by following a few key steps. Firstly, they need to clearly define the goals and objectives, ensuring that they are specific, measurable, achievable, relevant, and time-bound (SMART). Secondly, managers should communicate these expectations clearly and consistently, using multiple channels such as team meetings, emails, and one-on-one discussions. It is also important to provide any necessary resources or support to help employees meet those expectations. Lastly, managers should regularly review and provide feedback on performance to ensure that expectations are being met and adjust if necessary.
| 5. What are some common challenges in implementing management by expectation? | |
Ans. Implementing management by expectation can come with its own set of challenges. One common challenge is ensuring that expectations are realistic and attainable, as setting overly ambitious goals can lead to demotivation and burnout. Another challenge is maintaining consistency in communication and reinforcement of expectations, especially in larger organizations or remote work settings. Additionally, managers may face resistance or pushback from employees who have different interpretations or expectations. It is important to address these challenges by actively listening to employee concerns and providing necessary support and guidance.
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Nov 22, 2024 Last updated |
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