According to the book, ‘Search of Excellence’, excellent organizations must have all the principles of management, except:Question 8Answera.Unstick to the knittingb.Simple form, lean staffc.A bias for actiond.Hands-on, value drive
Question
According to the book, ‘Search of Excellence’, excellent organizations must have all the principles of management, except:Question 8Answera.Unstick to the knittingb.Simple form, lean staffc.A bias for actiond.Hands-on, value drive
Solution
The book "In Search of Excellence" by Tom Peters and Robert H. Waterman, Jr. outlines several principles that they believe are common among excellent companies. These principles include:
a. Stick to the knitting: This means that companies should focus on areas in which they excel and not venture too far from their core business.
b. Simple form, lean staff: This principle suggests that organizations should keep their operations as simple as possible and avoid unnecessary complexity.
c. A bias for action: This means that companies should prioritize taking action and making decisions, even if they don't have all the information they might like.
d. Hands-on, value-driven: This principle suggests that companies should be guided by a clear set of values, and that leaders should be deeply involved in the company's operations.
However, the question asks which of these is NOT a principle of management according to the book. All of the options provided are indeed principles outlined in "In Search of Excellence". Therefore, the question seems to be flawed as all of the options are principles of management according to the book.
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