management philosophy

Definition

Set of beliefs as used by an individual in a management position to guide the decision making process.

Use this term in a sentence

  • My management philosophy was a lot different than my competitors because I placed more emphasis on certain areas that no one else did.

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  • The company had a very conservative management philosophy. Consequently, they did not spend lavishly or give large raises, but maintained the status quo.

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  • If you want to make sure that everyone in your work place respects you then you should always stick to your management philosophy.

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