Characteristics of American Management

Updated (September 26th, 2006, 10:30am)The tradition approach of USA's philosophy & style of management are - not meant to be exaustive - :1. owners-oriented;2. prerogatives of managers in decision-making;3. stressing on short-termism, e.g performance appraisal;4. human is seen as capital as well as cost.Until recently, the perspectives of management philosophy and style have somewhat changed to - also, not meant to be exaustive - :1. more participative style;2. adapting and learning from foreign countries, e.g "serqual" such as quality-circles (from Japan);3. maximisation of profit, and more interest in social responsibility (esp. environment).---------------------------------------------Dear all (groupBA3E),It was really a good discussion we had during last tutorial. I have suggested some of the characteristics of American management the other day. Please take time to think about each of the characteristics, and let's have a more interesting discussion in the coming session. 1. Short-term orientation2. Shareholder orientation3. Higher turnover of managers4. Liberalism5. Freedom for top management6. Direct and pragmatic relationship7. Professionalism8. Class differences.and many more... (to be discussed).