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Comparative Management Insights

Comparative management focuses on analyzing and comparing management systems across different contexts and environments. It examines how management principles, policies, and strategies are applied differently in various situations and regions. The goals and objectives of comparative management are to help understand diverse management techniques used globally, establish the roles of international managers, and assist them in adapting to different management styles in developing economies. Studying comparative management also aims to enhance economic growth by identifying best practices from other countries.

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Mohamed Ahmed
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539 views3 pages

Comparative Management Insights

Comparative management focuses on analyzing and comparing management systems across different contexts and environments. It examines how management principles, policies, and strategies are applied differently in various situations and regions. The goals and objectives of comparative management are to help understand diverse management techniques used globally, establish the roles of international managers, and assist them in adapting to different management styles in developing economies. Studying comparative management also aims to enhance economic growth by identifying best practices from other countries.

Uploaded by

Mohamed Ahmed
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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COMPARATIVE MANAGEMENT

 This is a broader aspect of management that focus of different and similar

management systems from different contexts.

 Focus on various management principles or practices, policies and strategies and how

they apply in different situations. E.g researchers comparing economies to help

enhance their potential and formulate different FDI policies

 Werich & Kang: defined it as the study and analysis of management in different

environment and the reasons why enterprises show different results.

 Comparison between management practices in different regions.

INTERNATIONAL AND COMPARATIVE MANAGEMENT

 Comparative management is broader concept that deals overall management of all

countries while international management is of a narrow focus that deals with

operations of multinational corporations.

 Comparative management is not part of international business and doesn’t need to

understand the local market conditions, while international management is part of the

comparative management and need to understand the local market condition.

Objectives of Comparative Management

 Helps to understand different management techniques used in different markets

 Establishes duties and responsibilities of international managers

 Help to compare different management styles in different economies


 Helps international managers to cope or contend with different management styles in

developing economies.

 Helps to study cross cultural differences among countries

NATURE OF COMPARATIVE MANAGEMENT

 Elevated or enhanced managerial knowhow is instrumental foe economic growth and

productivity

 Design suitable management techniques from other economies that can enhance

economic growth

 Fundamentals of management are similar but goals and strategies vary across

managements and enterprises

 Skills and knowledge can vary across different economies

 The relative influence of each environmental factors varies across different countries.

BY EPHRAIM.O.O,(Phd candidate,MBA,FMVA,CPA)

REASONS FOR STUDYING COMPARATIVE MANAGEMENT

o Seek new management frontier

o Assess the transferability and applicability of management knowhow.

o Identify, describe, explain and predict the impact of the environmental constraints

hence cope with new environment.

o Gather experience from emerging economies

o Forecast
o Develop prescriptive guidelines

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