084f2db8c6 The hard approach depends on close supervision, intimidation, and imminent punishment. This region, in particular, houses hundreds of chandelier makers and lighting firms, some of which even date back to the Ottoman Empire. Theory X stresses the importance of strict supervision, external rewards, and penalties: in contrast, Theory Y highlights the motivating role of job satisfaction and encourages workers to approach tasks without direct supervision. ""Toward a Contingency Theory of Leadership Based upon the Consideration and Initiating Structure Literature."12.1: 62-82.". Because of the drastic change compared to the "Theory X" way of directing, "Theory Y" managers gravitate towards relating to the worker on a more personal and relatable level, as opposed to a more conductive and teaching based relationship. As a result, Theory Y followers may have a better relationship with their higher ups, as well as potentially having a healthier atmosphere in the work place..
However, the literature has a limited number of studies concerning organizational performance of small and medium businesses, even less research on the impact on organizational performance of Theory X and Theory Y type leadership styles. "Theory Y is almost in complete contrast to that of Theory X". In this study, we focused on three related questions: 1) Do owners/managers who report increases in turnover for the last five-year period more likely to exhibit Theory Y tendencies? 2) Are owners/managers who report increases in innovations more likely to exhibit Theory Y tendencies? 3) Are owners/managers who report decreases in overall costs more likely to exhibit Theory Y tendencies? The research was conducted in the ishane region of Istanbul, Turkey. This approach is derived from Fred Fiedler's research over various leadership styles known as the contingency theory. Currently shipping to U.S. Toronto, ON: Pearson Education Canada. Cookies are required to use this site. Servant Leadership: An Imperative Leadership Style for Leader Managers By Bharat Kantharia More > People who downloaded this paper also downloaded: 1. ISBN978-0787987756. Ten Badly Explained Topics in Most Corporate Finance Books By Pablo Fernandez .